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427 Franklin Ave

Troy, IL 62294

3 bd 2 ba 2,488 sqft Built 1970 Lot 19,602 sqft single_family
Most recent sale
$255,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 2, 2023 Listing removed $1,595 MARIS
Dec 29, 2022 Listing removed $1,595 MARIS
Apr 25, 2022 Sold $255,000 Public Record
Mar 15, 2022 Listed $250,000 MLS #22015453
Mar 8, 2022 Price changed for rent $1,595 TenantTurner
Jan 27, 2022 Listed for rent $975 Innago
Jan 26, 2022 Listed for rent $1,695 TenantTurner
May 17, 2021 Price changed $240,000 MLS #21030793
May 13, 2021 Listed $250,000 MLS #21030793
Apr 18, 2017 Sold $198,000 Public Record
Mar 5, 2003 Sold $120,000 Public Record
Oct 11, 2000 Sold $113,500 Public Record
Aug 11, 1999 Sold $108,000 Public Record
Jun 1, 1998 Sold $95,000 Public Record
Jun 3, 1991 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $70,580 $14,940 $85,520 $5,555
2023 $70,580 $14,940 $85,520 $4,869
2022 $55,510 $12,490 $68,000 $4,208
2021 $52,760 $11,870 $64,630 $2,022
2019 $50,340 $11,320 $61,660 $4,426
2018 $46,640 $10,490 $57,130 $4,307
2017 $46,640 $10,490 $57,130 $4,157
2016 $45,670 $10,270 $55,940 $4,123
2015 $44,840 $10,080 $54,920 $4,153
2014 $44,150 $9,930 $54,080 $3,713
2013 $44,150 $9,930 $54,080 $3,696
2012 $44,960 $10,110 $55,070 $3,696
2011 $46,040 $10,350 $56,390 $3,746
2010 $46,040 $10,350 $56,390 $3,737
2009 $46,040 $10,350 $56,390 $2,916
2007 $44,200 $9,670 $53,870 $2,783
2006 $42,040 $9,200 $51,240 $2,608

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,488 sqft
Lot size
19,602 sqft
ZIP code
62294
City
Troy
Street
Franklin Ave
Coordinates
38.73633, -89.88530

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
$1,530
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 427 Franklin Ave last sell?
427 Franklin Ave most recently sold on Apr 25, 2022 for $255,000.
What is the current tax assessment for 427 Franklin Ave?
The most recent total assessment for 427 Franklin Ave (year 2024) is $85,520 with $5,555 in property tax.
How does 427 Franklin Ave's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $255,000.
When was 427 Franklin Ave built?
427 Franklin Ave was built in 1970.
How does 427 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 427 Franklin Ave?
427 Franklin Ave is a 3 bed, 2 bath, 2,488 sqft, 19,602 sqft lot single_family.
Is 427 Franklin Ave a flip candidate?
No — 427 Franklin Ave does not appear in our flips dataset.
Is 427 Franklin Ave a tax-appeal candidate?
No — 427 Franklin 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
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$347.1K
2026 Q4
$348.8K
ZIP 62294 — Median Price History + Forecast

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