Moultrie County parcel 02-02-27-317-002
Is the assessment on 533 W State St Lovington, IL 61937 fair?
Assessed at $19,967 as residential, LOVINGTON 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
26.4%
of what it sold for (middle half 22.1–33%); the statute says 33.33%
This parcel among them
11 of 33
sold homes within half a mile are assessed below it
Their assessed values
$25,642
median; $7,554 to $55,850. This parcel: $19,967
Your assessment sits in the middle of the 33 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 |
|---|---|---|---|---|---|
| 521 W State St Lovington, IL 61937 | next door | Sep 2025 | $148,500 | $29,612 | 19.9% |
| 108 S Logan St Lovington, IL 61937 | next door | Nov 2023 | $90,000 | $28,604 | 31.8% |
| 432 W Church St Lovington, IL 61937 | 0.1 mi | May 2024 | $74,000 | $29,142 | 39.4% |
| 214 N Logan St Lovington, IL 61937 | 0.1 mi | Jul 2024 | $160,000 | $35,409 | 22.1% |
| 418 W Church St Lovington, IL 61937 | 0.1 mi | Feb 2026 | $52,000 | $27,637 | 53.1% |
| 115 N Westlawn St Lovington, IL 61937 | 0.1 mi | Nov 2024 | $165,000 | $24,932 | 15.1% |
| 426 W Springfield Rd Lovington, IL 61937 | 0.2 mi | Jan 2026 | $119,900 | $27,382 | 22.8% |
| Parcel 02-02-27-304-020 | 0.2 mi | Jan 2024 | $80,000 | $7,554 | 9.4% |
| 416 W South St Lovington, IL 61937 | 0.2 mi | Feb 2026 | $50,000 | $18,145 | 36.3% |
| 104 N Allen Ave Lovington, IL 61937 | 0.2 mi | Feb 2026 | $124,000 | $32,769 | 26.4% |
| 341 W Springfield Rd Lovington, IL 61937 | 0.2 mi | Sep 2025 | $80,000 | $24,458 | 30.6% |
| 124 N Allen Ave Lovington, IL 61937 | 0.2 mi | Jan 2024 | $81,000 | $31,986 | 39.5% |
| 335 W Springfield Rd Lovington, IL 61937 | 0.2 mi | Jul 2024 | $30,000 | $9,906 | 33% |
| 214 N Allen Ave Lovington, IL 61937 | 0.2 mi | Dec 2023 | $83,500 | $17,252 | 20.7% |
| 227 N Washington St Lovington, IL 61937 | 0.2 mi | Apr 2025 | $96,000 | $24,512 | 25.5% |
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.
Moultrie County Supervisor of Assessments
(217) 728-4951 · Moultrie County Courthouse, 10 S Main St, Sullivan, IL 61951
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/Moultrie.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 533 W State St Lovington, IL 61937 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.