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505 Merle Ln

Peoria, IL 61604

3 bd 3 ba 2,881 sqft Built 1956 Lot 12,632 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $66,700 $10,590 $77,290 $6,826
2024 $61,190 $9,720 $70,910 $5,871
2022 $53,720 $8,220 $61,940 $5,396
2021 $51,160 $7,830 $58,990 $5,268
2020 $60,700 $7,740 $68,440 $4,748
2019 $61,940 $7,900 $69,840 $4,873
2017 $62,550 $8,060 $70,610 $4,716
2016 $62,550 $8,060 $70,610 $4,848
2015 $61,320 $7,900 $69,220 $4,802
2014 $61,140 $7,510 $68,650 $4,503
2013 $61,880 $7,600 $69,480 $4,449
2012 $63,530 $7,800 $71,330 $4,470
2011 $65,030 $7,980 $73,010 $4,417
2010 $55,540 $7,960 $63,500 $4,386
2009 $55,320 $7,930 $63,250 $4,370
2006 $52,730 $7,510 $60,240 $4,617

Property facts

Year built
1956
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,881 sqft
Lot size
12,632 sqft
ZIP code
61604
City
Peoria
Street
Merle Ln
Coordinates
40.72990, -89.59992

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 505 Merle Ln last sell?
No public-record sale is on file for 505 Merle Ln.
What is the current tax assessment for 505 Merle Ln?
The most recent total assessment for 505 Merle Ln (year 2025) is $77,290 with $6,826 in property tax.
When was 505 Merle Ln built?
505 Merle Ln was built in 1956.
How does 505 Merle Ln compare to others on Merle Ln?
We track 8 other properties on Merle Ln. Browse the list under "Other properties on Merle Ln" to compare beds, baths, and sale history.
What are the property facts for 505 Merle Ln?
505 Merle Ln is a 3 bed, 3 bath, 2,881 sqft, 12,632 sqft lot single_family.
Is 505 Merle Ln a flip candidate?
No — 505 Merle Ln does not appear in our flips dataset.
Is 505 Merle Ln a tax-appeal candidate?
No — 505 Merle Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$119.1K
2026 Q4
$117.9K
ZIP 61604 — Median Price History + Forecast

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