Shelby County parcel 2013-07-08-201-010
Is the assessment on 1118 N Morgan Shelbyville, IL 62565 fair?
Assessed at $145,318 as commercial, Shelbyville 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
30.9%
of what it sold for (middle half 26.9–34.1%); the statute says 33.33%
This parcel among them
35 of 35
sold homes within half a mile are assessed below it
Their assessed values
$45,242
median; $14,405 to $106,219. This parcel: $145,318
Your own sale is the strongest evidence there is: at 49.3% of what you paid, this parcel is assessed well above the 30.9% the neighbours who sold are. That is worth asking about.
This parcel's own recorded sale: $295,000 in Nov 2025; the current assessment is 49.3% 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 |
|---|---|---|---|---|---|
| 1110 N Morgan Shelbyville, IL 62565 | next door | Apr 2026 | $42,300 | $14,405 | 34.1% |
| 1120 N Broadway Unit 10 Shelbyville, IL 62565 | next door | Oct 2025 | $129,900 | $41,272 | 31.8% |
| 1120 N Broadway Unit 7 Shelbyville, IL 62565 | 0.1 mi | Sep 2025 | $145,000 | $43,068 | 29.7% |
| 1210 N Chestnut Shelbyville, IL 62565 | 0.2 mi | Jul 2025 | $340,000 | $106,219 | 31.2% |
| 1107 N Long Shelbyville, IL 62565 | 0.2 mi | Jun 2025 | $162,500 | $62,524 | 38.5% |
| 919 N Chestnut Shelbyville, IL 62565 | 0.3 mi | Jun 2025 | $312,500 | $96,571 | 30.9% |
| 1001 N Long Shelbyville, IL 62565 | 0.3 mi | Nov 2025 | $45,000 | $30,034 | 66.7% |
| 1115 N Wood Shelbyville, IL 62565 | 0.3 mi | Jul 2025 | $159,900 | $55,023 | 34.4% |
| 1101 N Wood Shelbyville, IL 62565 | 0.3 mi | May 2026 | $223,000 | $62,587 | 28.1% |
| 114 W N 8TH Shelbyville, IL 62565 | 0.3 mi | Apr 2026 | $265,000 | $72,381 | 27.3% |
| 1035 E Northland Shelbyville, IL 62565 | 0.3 mi | Feb 2026 | $162,000 | $36,068 | 22.3% |
| 725 Park Place Shelbyville, IL 62565 | 0.3 mi | Jul 2025 | $188,000 | $62,378 | 33.2% |
| 1110 E Northland Dr Shelbyville, IL 62565 | 0.3 mi | May 2025 | $210,000 | $64,899 | 30.9% |
| 203 W N 7TH Shelbyville, IL 62565 | 0.4 mi | Aug 2026 | $68,000 | $35,839 | 52.7% |
| 726 N Morgan Shelbyville, IL 62565 | 0.4 mi | Aug 2025 | $165,000 | $38,136 | 23.1% |
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
$10,412 / yr
about $868 a month
Owner-occupied, 65+
$9,814 / yr
both homestead exemptions
No exemptions
$10,861 / yr
a rental or second home
Assessed value $145,318 × the 2024 rate of 7.47% for tax code 20005 (Shelbyville 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 1118 N Morgan Shelbyville, IL 62565 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.