Shelby

Shelby County parcel 1614-34-16-407-001

Is the assessment on 208 W N 1ST Strasburg, IL 62465 fair?

Assessed at $39,849 as residential, Richland 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

29.5%

of what it sold for (middle half 21.4–41.3%); the statute says 33.33%

This parcel among them

17 of 22

sold homes within half a mile are assessed below it

Their assessed values

$32,684

median; $12,755 to $64,007. This parcel: $39,849

Your assessment is higher than 17 of the 22 homes near you that sold in the last 3 years. The neighbourhood is assessed at 29.5% 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.

ParcelDistanceRecordedPriceAssessedRatio
207 Commercial Strasburg, IL 62465next doorApr 2026$139,000$40,88629.4%
207 Commercial Strasburg, IL 62465next doorJul 2024$113,000$40,88636.2%
301 Commercial Strasburg, IL 62465next doorJul 2024$52,500$27,92553.2%
208 W N 2ND Strasburg, IL 62465next doorApr 2025$147,400$38,24225.9%
209 Louisa Strasburg, IL 62465next doorJun 2025$92,000$14,76016%
101 S Elizabeth Strasburg, IL 62465next doorDec 2023$114,900$23,53620.5%
105 Elizabeth Strasburg, IL 624650.1 miSep 2026$215,000$26,12912.2%
209 N 2ND Strasburg, IL 624650.1 miMar 2025$95,000$33,10334.8%
308 Columbian St Strasburg, IL 624650.1 miDec 2024$90,000$33,77237.5%
308 N Elizabeth St Strasburg, IL 624650.1 miDec 2023$46,000$21,64547.1%
207 N Chestnut Strasburg, IL 624650.2 miMay 2024$124,900$24,61419.7%
204 S Walnut Strasburg, IL 624650.2 miJun 2025$72,500$22,87431.6%
207 S Chestnut Strasburg, IL 624650.3 miOct 2024$135,000$36,24826.9%
201 E North 3RD Street Strasburg, IL 624650.3 miDec 2025$216,000$64,00729.6%
305 S Walnut Strasburg, IL 624650.3 miAug 2026$51,500$35,05168.1%

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.

What the assessment costs

What the property tax runs

Owner-occupied

$2,066 / yr

about $172 a month

Owner-occupied, 65+

$1,578 / yr

both homestead exemptions

No exemptions

$2,433 / yr

a rental or second home

Assessed value $39,849 × the 2024 rate of 6.10% for tax code 16008 (Richland 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

  1. 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.
  2. 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).
  3. 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 208 W N 1ST Strasburg, IL 62465 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.

No obligation, and we will not pass your details to anyone else.