Listed by Stephanie Noyes, MCR Realty Professionals, Inc, (217) 532-2525 . Bought with Keller Williams Pinnacle
127 Murray Ave
Panama, IL 62077
4 Beds
1.5 Baths
1,562 sqft (on 6.40 acres)
$212,980
Last Sold: Mar 11, 2026
7% over list $200K
$136/sqft
Est. Refi. Payment $1,456/mo*
$212,980
Last Sold: Mar 11, 2026
7% over list $200K
$136/sqft
Est. Refi. Payment $1,456/mo*
4 Beds
1.5 Baths
1,562 sqft
(on 6.40 acres)
Local Information
- Map ViewExplore the area around 127 Murray Ave.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Description
Charming and beautifully updated ranch home situated on a peaceful, wooded 6.40 acre +/- setting that is ideal for nature hikes and ATV riding. This adorable property offers 4 bedrooms, a full bath, and a convenient half bath located in the primary bedroom with the potential to be easily converted into a second full bath. The bright kitchen features a dining combination, making it perfect for everyday living and entertaining. The living room is enhanced with surround sound, creating a comfortable space for relaxing or hosting guests. Numerous updates throughout the home provide a truly move-in-ready feel, including a mini-split system added to the primary bedroom in fall 2025 for added comfort. Exterior amenities include a storage shed and a spacious 24x28 detached garage with concrete flooring, electric heat, and wall unit air conditioning. Enjoy summer days in the 52 foot above-ground pool installed in 2024. The home is serviced by public water, public sewer, and natural gas. Offering space, comfort, and functionality, this property is ready for its next owner.
127 Murray Ave, Panama, IL 62077 is a 4 bedroom, 2 bathroom, 1,562 sqft single-family home built in 1977. It last sold for $212,980 on Mar 11, 2026 (7% above the $199,900 asking price). It is currently off market. The Trulia Estimate is $199,600, with a rent estimate of $1,335/month.
Home Highlights
Parking
Garage
Outdoor
Patio, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$136/sqft
Listed
180+ days ago
Home Details for 127 Murray Ave
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MLS Status: Closed |
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Interior Details Basement: Crawl SpaceNumber of Rooms: 7Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Primary Bathroom, Bathroom, Kitchen, Laundry, Living Room, Mud Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1562 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedLaundry: Main Level |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Gas & Electric Electric: AmerenHas Electric on Property |
Levels, Entrance, & Accessibility Levels: One |
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Exterior Home Features Patio / Porch: PatioOther Structures: Shed(s)Has a Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 4Has a CarportHas a GarageNo Attached GarageParking Spaces: 4Parking: Detached,Garage,Garage Door Opener |
Pool Pool: Above GroundPool |
Frontage Road Surface Type: GravelNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1562 Square Feet |
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Cumulative Days on Market: 60 |
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Year Built Year Built: 1977 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional,Ranch |
Building Construction Materials: Vinyl SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Condition: Updated/RemodeledParcel Number: 2022353007, 2022353001, 2022354003, & other |
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Price List Price: $199,900Price Per Sqft: $136/sqft |
Status Change & Dates Off Market Date: Wed Mar 11 2026Possession Timing: Close Of Escrow |
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Direction & Address City: PanamaCommunity: Not In A Subdivision |
School Information Elementary School: Hillsboro Dist 3Jr High / Middle School: Hillsboro Dist 3High School: Hillsboro Community High SchooHigh School District: HILLSBORO DIST 3 |
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Building Area Building Area: 1562 Square Feet |
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Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA |
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Lot Area: 6.4 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan |
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Business Information Ownership: Private |
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BasementMls Number: 26000674Above Grade Unfinished Area: 1562Showing Requirements: Appointment Only |
Last check for updates: about 5 hours ago
Listed by Stephanie Noyes, (217) 851-5961
MCR Realty Professionals, Inc
Bought with: Patrice Tucker, (618) 250-6329, Keller Williams Pinnacle
Originating MLS: Southwestern Illinois Board of REALTORS
Source: MARIS, MLS#26000674
Price History for 127 Murray Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/11/2026 | $212,980 | Sold | MARIS #26000674 |
| 01/19/2026 | $199,900 | Contingent | MARIS #26000674 |
| 01/10/2026 | $199,900 | Listed For Sale | MARIS #26000674 |
| 06/12/2020 | $90,000 | Sold | MARIS #20025003 |
Market trends in Walshville
Last updated June 2026
Avg. sale price
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,296 |
| Assessment | $108,780 |
Home facts updated by county records
Comparable Sales for 127 Murray Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Single-Family Home | $76,760 | 06/12/26 | 2 | 1 | 1,098 | |
0.16 | Single-Family Home | $65,500 | 06/15/26 | 3 | 1 | 1,056 | |
0.41 | Single-Family Home | $17,000 | 04/10/26 | 3 | 1 | 1,326 | |
0.44 | Single-Family Home | $85,000 | 07/31/25 | 2 | 1 | 912 | |
3.00 | Single-Family Home | $286,000 | 07/14/25 | 3 | 2.5 | 2,580 | |
3.08 | Single-Family Home | $118,450 | 01/28/26 | 3 | 1 | 1,008 | |
3.41 | Single-Family Home | $148,000 | 09/24/25 | 3 | 1.5 | 1,293 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
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Assigned Schools
These are the assigned schools for 127 Murray Ave.
- Beckemeyer Elementary School
- K-5
- Public
- 634 Students
7/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Hillsboro High School
- 9-12
- Public
- 418 Students
7/10GreatSchools RatingParent Rating AverageN/AParent Review18y ago - Hillsboro Jr High School
- 6-8
- Public
- 312 Students
8/10GreatSchools RatingParent Rating AverageN/AParent Review18y ago 
Check out schools near 127 Murray Ave.
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