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440 Indiana Ave

Salem, IL 62881

2 bd 2 ba 1,656 sqft Built 1950 Lot 12,632 sqft single_family
Most recent sale
$145,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2025 Sold $180,000 MRED
Sep 28, 2022 Sold $145,000 Public Record
Sep 20, 2022 Sold $145,000 MRED
Jul 5, 2022 Listed $150,000 MLS #EB445235
Jul 21, 2016 Sold $99,000 MLS #329198
Nov 14, 2014 Sold $99,000 MRED
Sep 22, 2014 Listed $105,000 MLS #329198
Oct 24, 2012 Sold $53,333 Public Record
Jun 30, 2012 Listing removed $85,900 Egyptian
Mar 9, 2012 Price changed $85,900 MLS #307757
Dec 8, 2011 Listing removed $93,000 Egyptian
Dec 8, 2011 Listed $89,900 MLS #307757
Oct 19, 2011 Price changed $93,000 MLS #306324
Sep 9, 2011 Listed $99,900 MLS #306324
Jul 7, 2011 Sold $65,000 MRED
Jun 22, 2011 Listed $75,900 MLS #304964

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $38,730 $7,210 $45,940 $2,427
2022 $32,910 $6,130 $39,040 $2,793
2021 $30,760 $5,730 $36,490 $2,704
2020 $30,530 $5,690 $36,220 $2,668
2019 $29,410 $5,480 $34,890 $2,610
2018 $29,410 $5,480 $34,890 $2,616
2017 $28,830 $5,370 $34,200 $2,580
2016 $27,100 $5,070 $32,170 $2,513
2015 $27,100 $5,070 $32,170 $2,386
2014 $27,100 $5,070 $32,170 $2,402
2013 $26,830 $5,020 $31,850 $2,373
2012 $26,560 $4,970 $31,530 $2,861
2011 $26,560 $4,970 $31,530 $1,764
2010 $28,470 $5,070 $33,540 $1,676
2009 $28,470 $5,070 $33,540 $1,711
2008 $27,550 $4,910 $32,460 $1,874
2007 $26,240 $4,680 $30,920 $1,964
2006 $25,230 $4,500 $29,730 $1,990

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,656 sqft
Lot size
12,632 sqft
ZIP code
62881
City
Salem
Street
Indiana Ave
Coordinates
38.63095, -88.95494

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 440 Indiana Ave last sell?
440 Indiana Ave most recently sold on Sep 28, 2022 for $145,000.
What is the current tax assessment for 440 Indiana Ave?
The most recent total assessment for 440 Indiana Ave (year 2024) is $45,940 with $2,427 in property tax.
How does 440 Indiana Ave's assessment compare to its last sale price?
The current assessment is 68.3% below the last sale price of $145,000.
When was 440 Indiana Ave built?
440 Indiana Ave was built in 1950.
How does 440 Indiana Ave compare to others on Indiana Ave?
We track 8 other properties on Indiana Ave. Browse the list under "Other properties on Indiana Ave" to compare beds, baths, and sale history.
What are the property facts for 440 Indiana Ave?
440 Indiana Ave is a 2 bed, 2 bath, 1,656 sqft, 12,632 sqft lot single_family.
Is 440 Indiana Ave a flip candidate?
No — 440 Indiana Ave does not appear in our flips dataset.
Is 440 Indiana Ave a tax-appeal candidate?
No — 440 Indiana Ave 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
+8.5%
Implied 1-yr
+33.9%
2026 Q2
$292.5K
2026 Q3
$292.5K
ZIP 62881 — Median Price History + Forecast

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