Shelby

Effingham County parcel 09-02-003-007

Is the assessment on 11521 N 400th St Altamont IL 62411 fair?

Assessed at $43,400 as residential, Mound 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

28%

of what it sold for (middle half 24–37.8%); the statute says 33.33%

This parcel among them

55 of 84

sold homes within 2 miles are assessed below it

Their assessed values

$35,055

median; $7,360 to $92,070. This parcel: $43,400

Your own sale is the strongest evidence there is: at 70% of what you paid, this parcel is assessed well above the 28% the neighbours who sold are. That is worth asking about.

This parcel's own recorded sale: $62,000 in Sep 2025; the current assessment is 70% 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.

ParcelDistanceRecordedPriceAssessedRatio
11591 N 400th St Altamont IL 62411next doorNov 2023$175,000$45,96026.3%
11600 N 300th St Altamont IL 624110.9 miDec 2023$180,000$48,24026.8%
10857 N 300th St Altamont IL 624111.2 miFeb 2025$210,000$30,77014.7%
713 Meadowlark St Altamont IL 624111.3 miJul 2024$113,000$55,28048.9%
210 E Meadows Ln Altamont IL 624111.3 miApr 2025$235,000$42,35018%
10251 N 450th St Altamont IL 624111.4 miJul 2026$382,900$92,07024%
10251 N 450th St Altamont IL 624111.4 miNov 2023$300,000$92,07030.7%
203 Clover St Altamont IL 624111.4 miJan 2025$140,000$42,63030.5%
714 Field St Altamont IL 624111.4 miSep 2026$160,000$51,15032%
504 N Bond St Altamont IL 624111.4 miJun 2025$112,000$28,91025.8%
710 Field St Altamont IL 624111.4 miSep 2026$173,000$30,01017.3%
208 E Meadows Dr Altamont IL 624111.4 miApr 2026$90,000$37,74041.9%
710 Field St Altamont IL 624111.4 miOct 2025$69,500$30,01043.2%
710 Field St Altamont IL 624111.4 miSep 2025$50,000$30,01060%
505 N St Clair St Altamont IL 624111.5 miOct 2025$135,000$35,69026.4%

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

  1. 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.
  2. 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).
  3. 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

PTAB's county sheet

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 11521 N 400th St Altamont IL 62411 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.

No obligation, and we will not pass your details to anyone else.