Shelby County parcel 1614-34-20-403-006
Is the assessment on 306 S Elizabeth Strasburg, IL 62465 fair?
Assessed at $29,056 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
29.4%
of what it sold for (middle half 20.1–40%); the statute says 33.33%
This parcel among them
8 of 19
sold homes within half a mile are assessed below it
Their assessed values
$32,264
median; $12,755 to $44,328. This parcel: $29,056
Your assessment sits in the middle of the 19 homes near you that sold in the last 3 years. That is what a fair assessment usually looks like; the question is only 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 |
|---|---|---|---|---|---|
| 305 S Walnut Strasburg, IL 62465 | 0.1 mi | Aug 2026 | $51,500 | $35,051 | 68.1% |
| 101 W S Third St Strasburg, IL 62465 | 0.1 mi | Jan 2025 | $114,000 | $29,843 | 26.2% |
| 501 S Walnut Strasburg, IL 62465 | 0.2 mi | Jun 2026 | $25,000 | $12,755 | 51% |
| 106 E S 3RD Strasburg, IL 62465 | 0.2 mi | Jul 2026 | $82,000 | $34,859 | 42.5% |
| 204 S Walnut Strasburg, IL 62465 | 0.2 mi | Jun 2025 | $72,500 | $22,874 | 31.6% |
| 308 Columbian St Strasburg, IL 62465 | 0.2 mi | Dec 2024 | $90,000 | $33,772 | 37.5% |
| 207 S Chestnut Strasburg, IL 62465 | 0.2 mi | Oct 2024 | $135,000 | $36,248 | 26.9% |
| 105 Elizabeth Strasburg, IL 62465 | 0.2 mi | Sep 2026 | $215,000 | $26,129 | 12.2% |
| 308 S Chestnut Strasburg, IL 62465 | 0.2 mi | Sep 2026 | $290,000 | $44,328 | 15.3% |
| 101 S Elizabeth Strasburg, IL 62465 | 0.2 mi | Dec 2023 | $114,900 | $23,536 | 20.5% |
| 307 S Spruce Strasburg, IL 62465 | 0.3 mi | Jul 2025 | $185,000 | $32,264 | 17.4% |
| 207 Commercial Strasburg, IL 62465 | 0.3 mi | Apr 2026 | $139,000 | $40,886 | 29.4% |
| 207 Commercial Strasburg, IL 62465 | 0.3 mi | Jul 2024 | $113,000 | $40,886 | 36.2% |
| 301 Commercial Strasburg, IL 62465 | 0.3 mi | Jul 2024 | $52,500 | $27,925 | 53.2% |
| 208 W N 2ND Strasburg, IL 62465 | 0.4 mi | Apr 2025 | $147,400 | $38,242 | 25.9% |
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
$1,407 / yr
about $117 a month
Owner-occupied, 65+
$919 / yr
both homestead exemptions
No exemptions
$1,774 / yr
a rental or second home
Assessed value $29,056 × 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
- 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 306 S Elizabeth Strasburg, IL 62465 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.