Moultrie County parcel 03-03-24-402-013
Is the assessment on 403 Bonn St Arthur, IL 61911 fair?
Assessed at $113,306 as residential, LOWE 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 23.8–37.9%); the statute says 33.33%
This parcel among them
19 of 19
sold homes within half a mile are assessed below it
Their assessed values
$55,772
median; $14,808 to $77,084. This parcel: $113,306
Your own sale is the strongest evidence there is: at 42% 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: $270,000 in Oct 2023; the current assessment is 42% 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.
| Parcel | Distance | Recorded | Price | Assessed | Ratio |
|---|---|---|---|---|---|
| 401 Bonn St Arthur, IL 61911 | next door | Jun 2026 | $220,000 | $73,716 | 33.5% |
| 405 Bonn St Arthur, IL 61911 | next door | Oct 2023 | $170,000 | $66,650 | 39.2% |
| 202 Cologne Ct Arthur, IL 61911 | next door | Jul 2026 | $235,000 | $48,081 | 20.5% |
| 608 Bonn St Arthur, IL 61911 | next door | Oct 2025 | $345,000 | $76,222 | 22.1% |
| 114 Rhine Blvd Arthur, IL 61911 | next door | Mar 2025 | $149,990 | $74,700 | 49.8% |
| 408 W Prairie St Arthur, IL 61911 | next door | Jul 2026 | $112,000 | $54,517 | 48.7% |
| 101 Rhine Blvd Arthur, IL 61911 | next door | Feb 2026 | $275,000 | $77,084 | 28% |
| 106 W 5TH St Arthur, IL 61911 | 0.3 mi | Nov 2023 | $175,000 | $75,534 | 43.2% |
| 509 N Walnut St Arthur, IL 61911 | 0.3 mi | Apr 2025 | $238,000 | $55,876 | 23.5% |
| 103 W 5TH St Arthur, IL 61911 | 0.3 mi | Dec 2023 | $232,500 | $61,664 | 26.5% |
| 419 N Beech St Arthur, IL 61911 | 0.3 mi | Dec 2025 | $70,000 | $14,808 | 21.2% |
| 419 N Beech St Arthur, IL 61911 | 0.3 mi | Nov 2025 | $70,000 | $14,808 | 21.2% |
| 413 Oak Cir Arthur, IL 61911 | 0.4 mi | Sep 2026 | $225,000 | $54,253 | 24.1% |
| 320 N Beech St Arthur, IL 61911 | 0.4 mi | Aug 2024 | $47,000 | $17,134 | 36.5% |
| 415 W 4TH St Arthur, IL 61911 | 0.4 mi | Oct 2023 | $250,000 | $68,599 | 27.4% |
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
- 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 403 Bonn St Arthur, IL 61911 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.