Shelby County parcel 1001-31-07-206-007
Is the assessment on Moweaqua, IL 62550 fair?
Assessed at $99,966 as commercial, Moweaqua 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
31.5%
of what it sold for (middle half 25.8–42.1%); the statute says 33.33%
This parcel among them
52 of 52
sold homes within half a mile are assessed below it
Their assessed values
$33,188
median; $11,559 to $92,344. This parcel: $99,966
Your assessment is higher than 52 of the 52 homes near you that sold in the last 3 years. The neighbourhood is assessed at 31.5% of what it sells for, under the statutory third, so sitting above the neighbours is not by itself over-assessment; what matters is 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 |
|---|---|---|---|---|---|
| 317 S Plum Moweaqua, IL 62550 | next door | Oct 2025 | $45,000 | $27,385 | 60.9% |
| 326 S Plum Moweaqua, IL 62550 | 0.1 mi | Sep 2026 | $45,000 | $24,012 | 53.4% |
| 418 S Plum Moweaqua, IL 62550 | 0.1 mi | Mar 2024 | $78,000 | $22,286 | 28.6% |
| 221 E Warren Moweaqua, IL 62550 | 0.2 mi | Jan 2026 | $109,000 | $19,232 | 17.6% |
| 209 W Wall Moweaqua, IL 62550 | 0.2 mi | Nov 2024 | $85,000 | $29,837 | 35.1% |
| 221 E Warren Moweaqua, IL 62550 | 0.2 mi | Aug 2024 | $69,000 | $19,232 | 27.9% |
| 229 W Wall Moweaqua, IL 62550 | 0.2 mi | Jul 2025 | $48,500 | $24,272 | 50% |
| 430 S Plum Moweaqua, IL 62550 | 0.2 mi | Mar 2024 | $38,000 | $13,185 | 34.7% |
| 119 W Madison Moweaqua, IL 62550 | 0.2 mi | Sep 2024 | $88,400 | $27,164 | 30.7% |
| 221 E Cherry Moweaqua, IL 62550 | 0.2 mi | Jul 2026 | $25,000 | $11,559 | 46.2% |
| 249 W Main Moweaqua, IL 62550 | 0.2 mi | Jul 2024 | $205,000 | $61,471 | 30% |
| 232 W Main Moweaqua, IL 62550 | 0.2 mi | May 2024 | $55,000 | $20,372 | 37% |
| 317 E South Moweaqua, IL 62550 | 0.2 mi | Jan 2025 | $140,000 | $30,242 | 21.6% |
| 109 E Maple Moweaqua, IL 62550 | 0.2 mi | May 2024 | $95,500 | $33,557 | 35.1% |
| 321 E South Moweaqua, IL 62550 | 0.2 mi | Jun 2026 | $137,500 | $31,888 | 23.2% |
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.
What the assessment costs
What the property tax runs
Owner-occupied
$7,648 / yr
about $637 a month
Owner-occupied, 65+
$6,997 / yr
both homestead exemptions
No exemptions
$8,136 / yr
a rental or second home
Assessed value $99,966 × the 2024 rate of 8.14% for tax code 10003 (Moweaqua Township), billed in 2025.
The owner-occupied figures take the General Homestead ($6,000 off the assessed value) and Senior Citizens ($8,000) exemptions; the senior freeze, veterans’ and home-improvement exemptions are not shown and can lower a bill further. The rate is the newest the clerk has published; the next levy will move it a little, and a sale can prompt a reassessment. Sources: Shelby County Clerk, Tax Codes and Districts Catalog, 2024 (payable 2025) and the assessor's current file. The bill of record is the treasurer's: Erica Firnhaber, Shelby County Treasurer.
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.
Shelby County Supervisor of Assessments
(217) 774-5579 · Shelby County Courthouse, 301 E Main St, 2nd floor, Shelbyville, IL 62565
the office's page · the Board of Review · 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/Shelby.pdf) and shelbycounty-il.gov, 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 Moweaqua, IL 62550 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.