Shelby County parcel 1116-11-07-302-009
Is the assessment on Parcel 1116-11-07-302-009 fair?
Assessed at $55,098 as residential, Oconee 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
34.6%
of what it sold for (middle half 30.9–40.2%); the statute says 33.33%
This parcel among them
6 of 25
sold homes within half a mile are assessed below it
Their assessed values
$77,207
median; $45,169 to $138,080. This parcel: $55,098
Your own sale is the strongest evidence there is: at 46.7% of what you paid, this parcel is assessed well above the 34.6% the neighbours who sold are. That is worth asking about.
This parcel's own recorded sale: $118,000 in Aug 2026; the current assessment is 46.7% 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 |
|---|---|---|---|---|---|
| 607 Beyers Lake Est Pana, IL 62557 | next door | Aug 2025 | $134,000 | $55,088 | 41.1% |
| 605 Beyers Lake Estates Pana, IL 62557 | next door | Aug 2025 | $138,900 | $45,169 | 32.5% |
| 604 Beyers Lake Est Pana, IL 62557 | next door | Aug 2024 | $127,000 | $55,092 | 43.4% |
| 603 Golf View Dr Pana, IL 62557 | next door | Aug 2024 | $125,000 | $55,092 | 44.1% |
| 602 Beyers Lake Est Pana, IL 62557 | next door | Nov 2024 | $128,500 | $55,092 | 42.9% |
| 49 Beyers Lake Est Pana, IL 62557 | 0.2 mi | May 2026 | $250,000 | $96,992 | 38.8% |
| 353 Beyers Lake Est Pana, IL 62557 | 0.2 mi | Apr 2025 | $215,000 | $66,586 | 31% |
| 60 Beyers Lake Est Pana, IL 62557 | 0.2 mi | Feb 2025 | $272,500 | $98,268 | 36.1% |
| 354 Beyers Lake Est Pana, IL 62557 | 0.2 mi | May 2025 | $222,000 | $68,589 | 30.9% |
| 39 Beyers Lake Est Pana, IL 62557 | 0.2 mi | Sep 2026 | $266,000 | $78,697 | 29.6% |
| 359 Beyers Lake Est Pana, IL 62557 | 0.2 mi | Aug 2025 | $195,000 | $69,508 | 35.6% |
| 42 Beyers Lake Est Pana, IL 62557 | 0.2 mi | Mar 2024 | $286,000 | $98,829 | 34.6% |
| 357 Beyers Lake Est Pana, IL 62557 | 0.2 mi | Jun 2026 | $234,900 | $60,932 | 25.9% |
| 357 Beyers Lake Est Pana, IL 62557 | 0.2 mi | Jun 2024 | $225,000 | $60,932 | 27.1% |
| 62 Beyers Lake Est Pana, IL 62557 | 0.2 mi | Oct 2023 | $217,045 | $91,536 | 42.2% |
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
$3,570 / yr
about $298 a month
Owner-occupied, 65+
$2,989 / yr
both homestead exemptions
No exemptions
$4,007 / yr
a rental or second home
Assessed value $55,098 × the 2024 rate of 7.27% for tax code 11001 (Oconee 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 Parcel 1116-11-07-302-009 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.