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4985 Melwood Ave photo 1

Sold245d on market

4985 Melwood Ave

Decatur, IL, 62521 • 62521 • Macon County

$150,000

$93/sqft

1Baths

1,612Sqft

0.46 acLot

1954Built

Market activity

Demand and pricing signals for this listing

3 views

People checking out this listing

245 days on market

Established listing

$93/sqft

Price per square foot

About this home

Single Family · Built 1954

4985 Melwood Ave, Decatur, IL 62521 is a single family home that contains 1,612 sq ft and was built in 1954. It contains 1 bathroom. This home last sold for $150,000 in August 2025. The Zestimate for this house is $156,300. The Rent Zestimate for this home is $1,413/mo.

Estimated monthly payment

Based on current rates

$988/month

Principal & Interest$788

Property Tax$150

Insurance$50

Down payment20% ($30,000)

3%50%

Est. 6.88% rate · 30yr fixed · $120,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1954

CoolingCentral

ParkingNo Data

Lot0.46 Acres

Property

Home typeSingle Family

Year built1954

Systems

CoolingCentral

ConstructionFrame

Parking & Outdoor

Lot0.46 Acres

Location & Tax

Neighborhood62521

Annual tax$1,998

Parcel091317227006

Features & details

3 categories of property features

Interior Features

Cooling

Central

Exterior Features

Exterior

Wood

Construction

Frame

Listing insights

Market data and value estimates

StatusSold

Days on market245

Est. value$156,300

Est. rent$1,413/mo

Tax rate2.18%

Price/sqft$93

Last sold$150,000

Tour days6

Views3

How are the schools in Decatur?

3 schools rated nearby

1

Michael E Baum Elementary School

Elementary • Public • K-6

1.3 mi

1

Stephen Decatur Middle School

Middle • Public • 7-8

4.2 mi

2

Eisenhower High School

High • Public • 9-12

3.2 mi

Location

Decatur, IL, 62521

Price history

1 event

DateEventPrice$/sqftSource

Aug 4, 2025Sold$150,000$93Public Record

Sold$150,000

Aug 4, 2025•$93/sqft•Public Record

Tax history

18 years of records

YearTax paidAssessed value

Apr 7, 2024$1,998$31,539

Apr 7, 2023$1,338$29,306

Apr 7, 2022$1,367$27,555

Apr 7, 2021$1,374$26,123

Apr 7, 2020$1,456$25,464

Apr 7, 2019$1,419$24,967

Apr 7, 2018$1,406$24,420

Apr 7, 2017$1,375$24,118

Apr 7, 2016$1,517$25,422

Apr 7, 2015$1,434$25,096

Apr 7, 2014$1,344$25,096

Apr 7, 2013$1,339$25,096

Apr 7, 2012$1,469$25,096

Apr 7, 2011—$25,096

Apr 7, 2010—$32,181

Apr 7, 2009—$32,181

Apr 7, 2006—$28,406

Apr 7, 2005—$28,406

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Neighborhood details

Local context around this listing

Decatur, IL • Macon County

Nearby cities

ArgentaBlue MoundDalton CityDecaturMaconMaroaMount ZionNiantic

Nearby zip codes

62521625226252362524625256252662532

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Value estimates

Live

Est. value$156,300

Est. rent$1,413/mo

30yr rate est.6.88%

Affordability$1,092/mo

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4985 Melwood Ave, Decatur, IL 62521 | SREG Property Finder