Effingham County parcel 12-18-012-036
Is the assessment on 405 E Water St Teutopolis IL 62467 fair?
Assessed at $77,980 as residential, Teutopolis 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
29.3%
of what it sold for (middle half 25.7–33.9%); the statute says 33.33%
This parcel among them
19 of 28
sold homes within half a mile are assessed below it
Their assessed values
$65,015
median; $8,630 to $193,140. This parcel: $77,980
Your assessment sits in the middle of the 28 homes near you that sold in the last 3 years. That is what a fair assessment usually looks like; the question is only 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 |
|---|---|---|---|---|---|
| 208 N Herin St Teutopolis IL 62467 | next door | May 2024 | $305,000 | $120,670 | 39.6% |
| 205 N Oak St Teutopolis IL 62467 | next door | May 2024 | $290,000 | $66,590 | 23% |
| 410 E Water St Teutopolis IL 62467 | next door | Jun 2025 | $230,000 | $76,660 | 33.3% |
| 401 E Walnut St Teutopolis IL 62467 | 0.1 mi | Sep 2025 | $70,000 | $26,660 | 38.1% |
| 313 E Walnut St Teutopolis IL 62467 | 0.1 mi | Aug 2025 | $135,000 | $87,180 | 64.6% |
| 400 N John St Teutopolis IL 62467 | 0.1 mi | Dec 2023 | $487,500 | $193,140 | 39.6% |
| 106 N Herin St Teutopolis IL 62467 | 0.1 mi | Jul 2025 | $310,000 | $89,780 | 29% |
| 104 N John St Teutopolis IL 62467 | 0.2 mi | May 2024 | $147,000 | $40,550 | 27.6% |
| 202 E Walnut St Teutopolis IL 62467 | 0.2 mi | Aug 2025 | $100,800 | $80,020 | 79.4% |
| 15278 N 1800th St Teutopolis IL 62467 | 0.2 mi | Nov 2023 | $230,000 | $68,600 | 29.8% |
| 416 E Main St Teutopolis IL 62467 | 0.2 mi | Dec 2024 | $27,500 | $8,630 | 31.4% |
| 416 E Main St Teutopolis IL 62467 | 0.2 mi | Nov 2024 | $27,500 | $8,630 | 31.4% |
| 416 E Main St Teutopolis IL 62467 | 0.2 mi | Sep 2024 | $55,000 | $8,630 | 15.7% |
| 110 E Walnut St Teutopolis IL 62467 | 0.3 mi | May 2026 | $325,000 | $108,970 | 33.5% |
| 15413 N 1815th St Teutopolis IL 62467 | 0.3 mi | Apr 2026 | $232,000 | $61,370 | 26.5% |
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 405 E Water St Teutopolis IL 62467 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.