Moultrie County parcel 08-08-02-461-004
Is the assessment on 407 S Washington St Sullivan, IL 61951 fair?
Assessed at $41,466 as residential, SULLIVAN 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%
of what it sold for (middle half 25–36.4%); the statute says 33.33%
This parcel among them
51 of 81
sold homes within half a mile are assessed below it
Their assessed values
$36,179
median; $4,774 to $95,721. This parcel: $41,466
At 25.1% of what you paid, this parcel is assessed about where the neighbours who sold are (29%). That is what a fair assessment looks like.
This parcel's own recorded sale: $165,000 in Aug 2026; the current assessment is 25.1% 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 |
|---|---|---|---|---|---|
| 418 S Washington St Sullivan, IL 61951 | next door | Sep 2024 | $259,000 | $82,675 | 31.9% |
| 415 S Worth St Sullivan, IL 61951 | next door | Jul 2026 | $180,000 | $46,686 | 25.9% |
| 14 W Snyder St Sullivan, IL 61951 | 0.1 mi | Sep 2025 | $145,000 | $34,080 | 23.5% |
| 316 S Worth St Sullivan, IL 61951 | 0.1 mi | Jun 2025 | $112,000 | $30,931 | 27.6% |
| 310 E Wright St Sullivan, IL 61951 | 0.1 mi | Dec 2025 | $117,000 | $30,687 | 26.2% |
| 316 E Waggoner St Sullivan, IL 61951 | 0.2 mi | Jul 2026 | $169,500 | $32,499 | 19.2% |
| 425 S Polk St Sullivan, IL 61951 | 0.2 mi | Jan 2026 | $95,000 | $33,431 | 35.2% |
| 616 S Main St Sullivan, IL 61951 | 0.2 mi | Mar 2025 | $112,000 | $40,713 | 36.4% |
| 511 S Hamilton St Sullivan, IL 61951 | 0.2 mi | Dec 2024 | $185,000 | $83,940 | 45.4% |
| 602 S Polk St Sullivan, IL 61951 | 0.2 mi | Feb 2026 | $165,000 | $28,075 | 17% |
| 701 S Madison St Sullivan, IL 61951 | 0.2 mi | Sep 2026 | $149,900 | $34,716 | 23.2% |
| 18 S Washington St Sullivan, IL 61951 | 0.2 mi | Apr 2025 | $175,000 | $43,138 | 24.7% |
| 702 S Madison St Sullivan, IL 61951 | 0.2 mi | Dec 2024 | $125,000 | $30,214 | 24.2% |
| 103 W King St Sullivan, IL 61951 | 0.2 mi | Feb 2025 | $139,000 | $36,977 | 26.6% |
| 114 S Polk St Sullivan, IL 61951 | 0.2 mi | Jul 2026 | $25,000 | $4,774 | 19.1% |
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 407 S Washington St Sullivan, IL 61951 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.