Effingham County parcel 07-22-004-041
Is the assessment on 341 N Madison St Mason IL 62443 fair?
Assessed at $36,010 as residential, Mason 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
29.4%
of what it sold for (middle half 29.1–39.6%); the statute says 33.33%
This parcel among them
5 of 5
sold homes within half a mile are assessed below it
Their assessed values
$28,410
median; $14,260 to $34,950. This parcel: $36,010
Your assessment is higher than 5 of the 5 homes near you that sold in the last 3 years. The neighbourhood is assessed at 29.4% of what it sells for, under the statutory third, so sitting above the neighbours is not by itself over-assessment; what matters is whether those homes are like yours.
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 |
|---|---|---|---|---|---|
| 324 N Madison St Mason IL 62443 | next door | Sep 2025 | $120,000 | $34,950 | 29.1% |
| 517 N Madison St Mason IL 62443 | next door | Aug 2026 | $85,000 | $25,030 | 29.4% |
| 442 N Jefferson St Mason IL 62443 | 0.1 mi | Jan 2025 | $116,000 | $28,410 | 24.5% |
| 1182 E Washington St Mason IL 62443 | 0.2 mi | Mar 2026 | $40,000 | $31,890 | 79.7% |
| 934 N Adams St Mason IL 62443 | 0.3 mi | Sep 2026 | $36,050 | $14,260 | 39.6% |
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 341 N Madison St Mason IL 62443 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.