Effingham County parcel 04-06-005-039
Is the assessment on 7390 E US Hwy 40 Altamont IL 62411 fair?
Assessed at $64,640 as residential, Jackson Township. Below: how the homes near it that actually sold are assessed against what they sold for, and where this one sits among them. Two facts from the county's own record — not an opinion of value, which is what an appeal ultimately needs and what we will give you if you ask.
How the neighbourhood is assessed
24.5%
of what it sold for (middle half 23.8–25.1%); the statute says 33.33%
This parcel among them
5 of 5
sold homes within 1 mile are assessed below it
Their assessed values
$42,720
median; $22,550 to $63,670. This parcel: $64,640
At 25.3% of what you paid, this parcel is assessed about where the neighbours who sold are (24.5%). That is what a fair assessment looks like.
This parcel's own recorded sale: $255,000 in Oct 2023; the current assessment is 25.3% of that. A recent arm's-length sale of the property itself is the evidence a Board of Review weighs most.
The homes that sold near it
Arm's-length sales recorded with the county in the last 3 years, nearest first, with the assessed value the county carries for each today. Whether any of them is like this house — size, age, condition — is the question the record cannot answer and an appeal turns on.
| Parcel | Distance | Recorded | Price | Assessed | Ratio |
|---|---|---|---|---|---|
| 7221 E US Hwy 40 Altamont IL 62411 | 0.2 mi | Apr 2024 | $231,000 | $55,070 | 23.8% |
| 7100 E US Hwy 40 Altamont IL 62411 | 0.3 mi | Jul 2025 | $130,000 | $38,590 | 29.7% |
| 7008 E US Hwy 40 Altamont IL 62411 | 0.4 mi | Apr 2024 | $90,000 | $22,550 | 25.1% |
| 11146 N 700th St Altamont IL 62411 | 0.4 mi | Feb 2026 | $185,000 | $42,720 | 23.1% |
| 11444 N 800th St Effingham IL 62401 | 0.7 mi | Aug 2025 | $260,000 | $63,670 | 24.5% |
Prices from PTAX-203 transfer declarations; assessed values from the county assessor's current file (so a home reassessed after its sale shows today's figure against yesterday's price). Not MLS figures. Nothing here names an owner.
How an appeal actually works here
- Talk to the assessor first. Many differences are a record error — a garage that came down, a square footage that was never right — and get fixed with a phone call, no appeal needed.
- The county Board of Review. A written complaint in the window after the township's assessments are published each year; the office can tell you the dates for this township. Evidence: a recent appraisal, comparable sales, or comparable assessments (the equity argument — the table above is where that starts).
- Then the state. A Board of Review decision can go to the Illinois Property Tax Appeal Board within 30 days of the decision — its forms and rules are on ptab.illinois.gov.
Effingham County Supervisor of Assessments
(217) 342-6711 · Effingham County Office Building, 101 N Fourth St, Effingham, IL 62401
We publish no appeal deadline: the window is set by the township's publication date each year, and the office is the authority on it. Contact details PTAB county sheet (ptab.illinois.gov/counties/Effingham.pdf), read 2026-09-21.
Ask us to look at it properly
The table above is where an equity argument starts, not where it ends: a Board of Review wants an opinion of market value, and that means someone who has stood in the houses. We will look at 7390 E US Hwy 40 Altamont IL 62411 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.