Moultrie County parcel 03-03-25-432-003
Is the assessment on 312 W Palmer St Arthur, IL 61911 fair?
Assessed at $34,314 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
31.7%
of what it sold for (middle half 27–39.8%); the statute says 33.33%
This parcel among them
13 of 21
sold homes within half a mile are assessed below it
Their assessed values
$31,852
median; $17,134 to $87,020. This parcel: $34,314
At 26.1% of what you paid, this parcel is assessed below the 31.7% the neighbours who sold are. There is no case here, and no reason to draw attention to it.
This parcel's own recorded sale: $131,500 in Aug 2025; the current assessment is 26.1% 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 |
|---|---|---|---|---|---|
| 408 S Elm St Arthur, IL 61911 | next door | May 2024 | $160,000 | $57,256 | 35.8% |
| 425 S Beech St Arthur, IL 61911 | next door | Feb 2025 | $149,900 | $34,617 | 23.1% |
| 314 S Elm St Arthur, IL 61911 | next door | Mar 2026 | $60,000 | $29,797 | 49.7% |
| 314 S Elm St Arthur, IL 61911 | next door | May 2025 | $70,000 | $29,797 | 42.6% |
| 309 S Beech St Arthur, IL 61911 | next door | Feb 2025 | $62,000 | $34,404 | 55.5% |
| 413 S Oak St Arthur, IL 61911 | next door | Jun 2025 | $175,000 | $33,614 | 19.2% |
| 506 S Beech St Arthur, IL 61911 | 0.1 mi | May 2026 | $70,000 | $27,880 | 39.8% |
| 112 W Palmer St Arthur, IL 61911 | 0.1 mi | Apr 2025 | $279,000 | $87,020 | 31.2% |
| 432 S Walnut St Arthur, IL 61911 | 0.1 mi | Oct 2025 | $97,938 | $27,384 | 28% |
| 212 W Park St Arthur, IL 61911 | 0.1 mi | Sep 2025 | $109,000 | $29,482 | 27% |
| 519 S Beech St Arthur, IL 61911 | 0.1 mi | Feb 2024 | $125,000 | $23,882 | 19.1% |
| 505 S Vine St Arthur, IL 61911 | 0.1 mi | Nov 2025 | $241,000 | $59,945 | 24.9% |
| 210 S Beech St Arthur, IL 61911 | 0.2 mi | Apr 2024 | $70,000 | $31,852 | 45.5% |
| 206 W 2ND St Arthur, IL 61911 | 0.4 mi | Mar 2026 | $78,000 | $26,365 | 33.8% |
| 214 N Elm St Arthur, IL 61911 | 0.4 mi | Jan 2024 | $260,000 | $70,694 | 27.2% |
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 312 W Palmer St Arthur, IL 61911 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.