Shelby

Moultrie County parcel 02-02-27-434-005

Is the assessment on 615 S Broadway St Lovington, IL 61937 fair?

Assessed at $28,064 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

27.1%

of what it sold for (middle half 23.6–33.5%); the statute says 33.33%

This parcel among them

19 of 35

sold homes within half a mile are assessed below it

Their assessed values

$25,642

median; $8,812 to $55,850. This parcel: $28,064

Your assessment sits in the middle of the 35 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.

ParcelDistanceRecordedPriceAssessedRatio
526 S Broadway St Lovington, IL 61937next doorSep 2026$150,000$25,64217.1%
526 S Broadway St Lovington, IL 61937next doorJul 2024$125,000$25,64220.5%
424 S County St Lovington, IL 619370.1 miApr 2026$58,000$19,43233.5%
501 S Railroad St Lovington, IL 619370.1 miJul 2024$140,000$32,21123%
421 S Broadway St Lovington, IL 619370.1 miApr 2026$41,500$17,83943%
620 S Mcmullin Ct Lovington, IL 619370.1 miOct 2025$170,000$41,19624.2%
202 E State Hwy 133 Lovington, IL 619370.1 miFeb 2025$138,000$16,74712.1%
608 S Mcmullin Ct Lovington, IL 619370.1 miSep 2024$145,000$35,17024.3%
407 S Railroad St Lovington, IL 619370.1 miApr 2025$170,000$20,00511.8%
416 S Railroad St Lovington, IL 619370.2 miSep 2023$48,000$16,08133.5%
324 S Broadway St Lovington, IL 619370.2 miOct 2023$109,000$41,02737.6%
325 S Railroad St Lovington, IL 619370.2 miJul 2026$190,000$55,85029.4%
360 E Addition St Lovington, IL 619370.2 miJul 2024$107,000$28,94927.1%
302 S County St Lovington, IL 619370.2 miOct 2023$50,000$13,73827.5%
321 W South St Lovington, IL 619370.2 miNov 2024$68,000$16,77424.7%

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.

Moultrie County Supervisor of Assessments

(217) 728-4951 · Moultrie County Courthouse, 10 S Main St, Sullivan, IL 61951

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/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 615 S Broadway St Lovington, IL 61937 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.