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501 Long St

Shelbyville, IL 62565

3 bd 1 ba 1,092 sqft Built 1920 Lot 7,920 sqft single_family
Most recent sale
$64,900
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 21, 2022 Sold $64,900 MLS #11620631
Sep 2, 2022 Listed $64,900 MLS #11620631

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $11,361 $7,353 $18,714 $950
2022 $9,464 $6,125 $15,589 $1,296
2021 $9,030 $5,844 $14,874 $1,259
2020 $9,030 $5,844 $14,874 $1,264
2019 $9,030 $5,844 $14,874 $1,265
2018 $8,386 $5,427 $13,813 $1,247
2017 $8,386 $5,427 $13,813 $1,230
2016 $8,386 $5,427 $13,813 $1,244
2015 $8,386 $5,427 $13,813 $1,238
2014 $8,099 $5,241 $13,340 $1,220
2013 $8,386 $5,427 $13,813 $1,213
2012 $8,386 $5,427 $13,813 $1,214
2011 $8,371 $5,417 $13,788 $1,183

Property facts

Year built
1920
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,092 sqft
Lot size
7,920 sqft
ZIP code
62565
City
Shelbyville
Street
Long St
Coordinates
39.41107, -88.79710

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$389
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Long St last sell?
501 Long St most recently sold on Sep 21, 2022 for $64,900.
What is the current tax assessment for 501 Long St?
The most recent total assessment for 501 Long St (year 2024) is $18,714 with $950 in property tax.
How does 501 Long St's assessment compare to its last sale price?
The current assessment is 71.2% below the last sale price of $64,900.
When was 501 Long St built?
501 Long St was built in 1920.
How does 501 Long St compare to others on Long St?
We track 8 other properties on Long St. Browse the list under "Other properties on Long St" to compare beds, baths, and sale history.
What are the property facts for 501 Long St?
501 Long St is a 3 bed, 1 bath, 1,092 sqft, 7,920 sqft lot single_family.
Is 501 Long St a flip candidate?
No — 501 Long St does not appear in our flips dataset.
Is 501 Long St a tax-appeal candidate?
No — 501 Long St 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
+3.2%
Implied 1-yr
+12.7%
2026 Q3
$164.1K
2026 Q4
$168.4K
ZIP 62565 — Median Price History + Forecast

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