Shelby County parcel
425 N 500 East Rd Herrick, IL 62431
Residential lot · Herrick Township
This parcel in gold, its neighbours in white. Parcel lines are approximate (ArcGIS live) — for reference only; not a survey, and not a guarantee of boundary location or acreage. Hover a neighbour to name it; click to open it.
The assessor's record
- Parcel number
- 0723-16-14-309-009
- County
- Shelby County, Illinois
- Township
- Herrick
- Assessor’s class
- Residential lot
- Subdivision
- Mrs M M Basyes 1st Addn
- Assessed value
- $651
Illinois assesses property at one-third of market value, and farmland on its soil productivity rather than its price. The assessed value is the county's figure for taxation; it is not an appraisal and not an estimate of what the property would sell for.
Is this assessment fair? Compare it with the homes that sold nearby →
What the property tax runs
Owner-occupied
$0 / yr
about $0 a month
Owner-occupied, 65+
$0 / yr
both homestead exemptions
No exemptions
$54 / yr
a rental or second home
Assessed value $651 × the 2024 rate of 8.22% for tax code 07002 (Herrick Township), billed in 2025.
The owner-occupied figures take the General Homestead ($6,000 off the assessed value) and Senior Citizens ($8,000) exemptions; the senior freeze, veterans’ and home-improvement exemptions are not shown and can lower a bill further. The rate is the newest the clerk has published; the next levy will move it a little, and a sale can prompt a reassessment. Sources: Shelby County Clerk, Tax Codes and Districts Catalog, 2024 (payable 2025) and the assessor's current file. The bill of record is the treasurer's: Erica Firnhaber, Shelby County Treasurer.
Recorded sales
| Recorded | Price | Use at sale |
|---|---|---|
| May 15, 2020 | $4,000 | Land or lot only |
From PTAX-203 transfer declarations recorded with the county — public record, arm's-length sales only. A sale marked “part of a larger sale” was one declaration covering more than one parcel; the price is the whole transaction's. Not an MLS figure.
Hear what sells around here
Your house, or one you keep an eye on: we email you when the county records a sale nearby — the price, the date, how far.
Homes near here sold for
$35,000 to $199,000 — the 20 homes within ½ mile that the county recorded selling at arm's length since October 2023. Half of them went for $50,625 to $116,188; the median was $78,500.
That is the neighbourhood, from the deeds, not a figure for this parcel: the record does not know its size, its condition or its kitchen.
- 408 E N 1ST Herrick, IL 62431$43,000 · September 2026 · 0.3 mi
- 24 N Austin Ave Herrick, IL 62431$60,000 · August 2026 · next door
- Parcel 0723-16-14-301-010$119,750 · April 2026 · 0.2 mi
- Po Box 235 Herrick, IL 62431$115,000 · April 2026 · 0.3 mi
- 214 N Broadway Herrick, IL 62431$100,000 · March 2026 · 0.2 mi
- 408 E N 1ST Herrick, IL 62431$52,500 · December 2025 · 0.3 mi
How these homes are assessed against what they sold for, and where this parcel sits among them →
Everything Shelby County recorded lately — the past week, month and quarter on the map and by town →
Questions about 425 N 500 East Rd Herrick, IL 62431
Answered from the county's own record for this parcel — the recorder's transfer declarations, the assessor's file and the clerk's rate book. A question the record cannot answer is left out rather than guessed at.
What did 425 N 500 East Rd in Herrick last sell for?
- $4,000, recorded by the Shelby County recorder on May 15, 2020. That is the consideration declared on the PTAX-203 transfer declaration — public record, an arm's-length sale — not an MLS figure; the declaration lists the use at sale as land or lot only.
When did 425 N 500 East Rd last sell?
- May 15, 2020, about 6 years ago. The transfer was declared to the Shelby County recorder on a PTAX-203 form, which is where this page reads it.
Has 425 N 500 East Rd sold more than once?
- Once in the record the county holds from 2017 on: May 2020 for $4,000. Arm's-length transfers only — deeds between relatives, nominal-consideration transfers and court sales are not in that count.
Is 425 N 500 East Rd in Herrick for sale?
- Not with Shelby Realty Services as of September 28, 2026. If you own it, or would like to, the form on this page reaches an agent who works this ground.
What is 425 N 500 East Rd assessed at?
- The Shelby County assessor carries 425 N 500 East Rd Herrick, IL 62431 at an assessed value of $651. That is the county's figure for taxation — Illinois assesses property at one-third of market value — not an appraisal and not an estimate of what the property would sell for.
What does the property tax run on 425 N 500 East Rd?
- About $0 a year ($0 a month) owner-occupied with the General Homestead Exemption, or $54 a year with no exemptions — a rental or a second home. That is the assessor's assessed value of $651 × the 2024 rate of 8.22% the Shelby County clerk publishes for tax code 07002, billed in 2025. The bill of record is the Shelby County treasurer's; the rate is the newest the clerk has published, the next levy will move it a little, and a sale can prompt a reassessment.
What would the tax on 425 N 500 East Rd be with the homestead exemptions?
- $0 a year with the General Homestead Exemption ($6,000 off the assessed value), and $0 a year for an owner 65 or older who also takes the Senior Citizens Homestead Exemption ($8,000 more off). Both come off the assessed value before the 8.22% rate is applied; the senior freeze, veterans' and home-improvement exemptions are not counted here and can lower a bill further.
What are homes near 425 N 500 East Rd in Herrick selling for?
- The 20 homes within ½ mile of 425 N 500 East Rd Herrick, IL 62431 that the county recorded selling at arm's length since October 2023 went for $35,000 to $199,000; half of them between $50,625 and $116,188, with a median of $78,500. That is the neighbourhood, from the deeds, not a figure for this parcel — the record does not know its size, its condition or its kitchen.
What kind of property is 425 N 500 East Rd?
- The Shelby County assessor classes 425 N 500 East Rd Herrick, IL 62431 as residential lot.
What township is 425 N 500 East Rd in?
- Herrick Township, Shelby County, Illinois, with a Herrick address.
What subdivision is 425 N 500 East Rd in?
- Mrs M M Basyes 1st Addn, according to the Shelby County assessor's record for parcel 0723-16-14-309-009.
What is the parcel number (PIN) for 425 N 500 East Rd Herrick, IL 62431?
- 0723-16-14-309-009, in Shelby County's records. The PIN is the number on the tax bill and the assessor's card, and the one to give the county or an agent.
Around it
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