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405 Meridian St

Springfield, IL 62702

3 bd 2 ba 1,376 sqft Built 2001 Lot 7,001 sqft single_family
Most recent sale
$84,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $84,000 MLS #11405857
May 25, 2022 Price changed $79,500 MLS #11405857
May 16, 2022 Listed MLS #11405857
May 10, 2016 Listing removed $84,900 Springfield
Apr 25, 2016 Price changed $84,900 MLS #152515
May 9, 2015 Listed $89,900 MLS #152515

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $31,932 $5,857 $37,789 $3,059
2024 $29,782 $5,463 $35,245 $2,960
2023 $27,203 $4,990 $32,193 $2,846
2022 $25,804 $4,733 $30,537 $2,198
2021 $24,838 $4,556 $29,394 $2,105
2020 $24,875 $4,563 $29,438 $2,065
2019 $24,788 $4,547 $29,335 $2,024
2018 $27,907 $4,527 $32,434 $2,233
2017 $27,546 $4,468 $32,014 $2,181
2016 $27,144 $4,403 $31,547 $2,131
2015 $26,819 $4,350 $31,169 $2,104
2014 $26,646 $4,322 $30,968 $2,069
2013 $26,646 $4,322 $30,968 $2,023
2012 $26,646 $4,322 $30,968 $1,984
2010 $26,390 $4,280 $30,670 $1,883
2009 $26,015 $4,219 $30,234 $1,821
2008 $25,487 $4,133 $29,620 $1,822
2007 $24,667 $4,000 $28,667 $1,773
2006 $24,667 $4,000 $28,667 $1,945
2005 $28,264 $1,070 $29,334 $1,900

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,376 sqft
Lot size
7,001 sqft
ZIP code
62702
City
Springfield
Street
Meridian St
Coordinates
39.80489, -89.63572

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$504
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 Meridian St last sell?
405 Meridian St most recently sold on Jun 15, 2022 for $84,000.
What is the current tax assessment for 405 Meridian St?
The most recent total assessment for 405 Meridian St (year 2025) is $37,789 with $3,059 in property tax.
How does 405 Meridian St's assessment compare to its last sale price?
The current assessment is 55.0% below the last sale price of $84,000.
When was 405 Meridian St built?
405 Meridian St was built in 2001.
How does 405 Meridian St compare to others on Meridian St?
We track 3 other properties on Meridian St. Browse the list under "Other properties on Meridian St" to compare beds, baths, and sale history.
What are the property facts for 405 Meridian St?
405 Meridian St is a 3 bed, 2 bath, 1,376 sqft, 7,001 sqft lot single_family.
Is 405 Meridian St a flip candidate?
No — 405 Meridian St does not appear in our flips dataset.
Is 405 Meridian St a tax-appeal candidate?
No — 405 Meridian 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
+0.2%
Implied 1-yr
+0.7%
2026 Q3
$146.8K
2026 Q4
$147K
ZIP 62702 — Median Price History + Forecast

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