$314,900

2550 Ivy Ln Decatur, IL 62521

Lost Bridge Neighborhood

Estimated payment $2,136/month

Total Views 5,096
3 Beds
2.5 Baths
2,500 Sq Ft
$126 Price per Sq Ft

Highlights

  • Popular Property
  • Attic
  • Front Porch
  • Deck
  • Circular Driveway
  • 2 Car Attached Garage

About This Home

Step into timeless charm with this sprawling mid-century ranch sitting on a 1 acre corner lot steps from Lake Decatur. Designed and built by an Illinois Architect during the 50's era, this brick 3 bedroom, 2.5 bathroom home blends vintage character and eclectic flair. If "tri-level ranch" was a home style- this would be it! All rooms are spacious, including a raised "piano room" overlooking the living room that contains massive windows with views of the backyard and terraced landscaping. Everything you see has been updated or is newer including the stunning completely custom kitchen that offers brand new appliances and a butler pantry accented with a gold sink, quartz countertops, and gold and black fixtures. Brand new LVP flooring and carpeting, interior and exterior doors, interior and exterior paint, all new light fixtures, plumbing and electrical. All bathrooms are beautiful and completely updated. Lots of large windows letting all of the natural light in! Lastly, the attached 2 car garage is finished and perfect for those rainy or snowy days. Roof was new in 2024. Broker Owned.

Listing Agent

Valerie Wallace

Main Place Real Estate License #475132005 Listed on: 07/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,767

Year Built

  • Built in 1952

Lot Details

  • 0.92 Acre Lot

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Family Room with Fireplace
  • Laundry on main level
  • Attic

Kitchen

  • <<OvenToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Brooks Meadow 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-12-25-276-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,767

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 2500.0
  • Directions: Lost Bridge Rd to Hawthorne to Ivy Lane.
  • Lot Size Acres: 0.92
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Subdivision Name: Brooks Meadow 1st Add
  • Year Built: 1952
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic, Fireplace, Bath in Primary Bedroom, Main Level Primary, Pantry
  • Fireplace Features: Family/Living/Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Stories: 1
  • Window Features: Replacement Windows

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Circular Driveway, Deck
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Front Porch, Patio, Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas, Zoned
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 40075.0
  • Parcel #: 04-12-25-276-023
  • Zoning: RES

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4767.0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,767 $60,244 $16,580 $43,664
2023 $4,689 $58,111 $15,993 $42,118
2022 $3,710 $47,277 $14,799 $32,478
2021 $3,411 $44,152 $13,821 $30,331
2020 $3,307 $42,102 $13,179 $28,923
2019 $3,307 $42,102 $13,179 $28,923
2018 $4,024 $49,299 $20,280 $29,019
2017 $4,150 $50,615 $20,821 $29,794
2016 $4,240 $51,131 $21,033 $30,098
2015 $4,010 $50,227 $20,661 $29,566
2014 $3,713 $49,729 $20,456 $29,273
2013 $3,875 $51,596 $21,224 $30,372
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $314,900 +279.4% $126 / Sq Ft
09/23/2024 09/23/24 Sold $83,000 -33.6% $36 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/17/2024 08/17/24 Price Changed $125,000 -18.8% $54 / Sq Ft
08/06/2024 08/06/24 Price Changed $154,000 -10.5% $67 / Sq Ft
07/16/2024 07/16/24 Price Changed $172,000 -5.5% $75 / Sq Ft
06/27/2024 06/27/24 For Sale $182,000 -- $79 / Sq Ft
Source: Central Illinois Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $83,000 None Listed On Document
Deed $82,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,000 Construction
Source: Public Records

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See All Homes in Decatur

Source: Central Illinois Board of REALTORS®

MLS Number: 6252965

APN: 04-12-25-276-023

Illinois Macon County Decatur 62521 Lost Bridge

2550 Ivy Ln, Decatur, IL

This home is located at 2550 Ivy Ln, Decatur, IL 62521 and is currently priced at $314,900, approximately $125 per square foot. This property was built in 1952. 2550 Ivy Ln is a home located in Macon County with nearby schools including Muffley Elementary School, Stephen Decatur Middle School, and Hillside Bethel Tabernacle.

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Nearby Homes
Valerie Wallace
Listing Agent
Valerie Wallace
Section Image
Main Place Real Estate
(217) 203-8974