1505 E Walnut St, Decatur, IL 62526
Property image
Property image
FOR SALE
FOR SALE BY OWNER

$20,000

Original price: $25,000
  • 2 Beds
  • 1 Bath
  • 768 sqft

1505 E Walnut St, Decatur, IL 62526

Est. Mortgage $215/mo*
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Home Highlights

Single-Family Home
Built in 1925
$26/sqft

Local Information

  • Map ViewExplore the area around 1505 E Walnut St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

2 bedroom house. Needs some TLC. Priced to sell.

Home Details for 1505 E Walnut St

Days on Market

Days on Market: 46 days on Trulia

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Single Family Home

Price & Status

Price
Price Per Sqft: $26

Lot Information

Lot Area: 4800 sqft

Around this home

What Locals Say about Decatur

At least 298 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 86 % Say parking is easy

  • 85 % Say yards are well-kept

  • 82 % Say it's dog friendly

  • 68 % Say there's holiday spirit

  • 63 % Say kids play outside

  • 63 % Say there are sidewalks

  • 60 % Say it's quiet

  • 53 % Say neighbors are friendly

  • 53 % Say streets are well-lit

  • 51 % Say people would walk alone at night

  • 50 % Say there's wildlife

  • 44 % Say they plan to stay for at least 5 years

  • 36 % Say it's walkable to grocery stores

  • 33 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Dariusslaw89
    "Neighborhood watch is a big deal here and we got neighborhood apps that only the neighbors are on it’s real peaceful and barely any crime "
    2
    Flag
  • corey618
    "It’s a great area to raise your kids! So many kids and the parks are such a great place to go on walks and play tennis and other outdoor activities. "
    0
    Flag
  • Missichelle
    "Quiet little neighborhood close to food and entertainment. We are able to have animals. Great school district "
    0
    Flag
  • Trulia User
    "I dislike living in Decatur. The only good thing about it so far is that it is cheap to live here, but I do not feel safe when I'm out of the house. I constantly have to worry if my car will be stolen or vandalized while I'm not paying attention. I constantly hear gunshots at night, emergency vehicle sirens, noisy train horns, people getting into loud arguments and fistfights, it seems like it never stops. The air in Decatur reeks like cheap dog food if you're lucky, and like a wastewater treatment plant if you're not."
    20
    Flag
  • Scott-jill N.
    "Well maintained neighborhood featuring large homes with lots of kids.area is close to shopping, interstate access. Small town schools"
    18
    Flag
  • Sunshine F.
    "there's a nice park near by, as well as a zoo and the children's museum. however our neighbors are very conservative"
    2
    Flag
  • Sunshine F.
    "dogs on leashes are all around three neighborhood and they are always welcome! The animal lovers are always very friendly!"
    1
    Flag
  • Godlovesme272002
    "ive been here 6 yrs use to like it until i started working an getting out more then i started to see what other people was saying about Decatur Illinois its a small town but alot of hidden Prejudice an basis individuals. but staying to yourself is good."
    40
    Flag
  • Amanda S.
    "Nothing. This neighborhood has been nothing but fights, loud music, loud cars, and rude inconsiderate neighbors"
    23
    Flag
  • Karlee W.
    "No one picks up their dogs poop. Some let their dogs bark any time of the day all day. Some don’t use leashes. "
    8
    Flag
  • Kimberly T.
    "plenty of bus stops around, traffic going to work usually isn’t bad, just have to watch for trains that might hold you up."
    5
    Flag
  • Kimberly T.
    "Plenty of parks around. I would not have any kids outside without supervision too late in some areas."
    6
    Flag
  • Kimberly T.
    "I drive to work, sometimes I’m delayed by trains when I’m going up town. I don’t love passing over the train yard everyday though."
    1
    Flag
  • Stevemiller0822
    "Powers Lane neighborhood is special. Big trees and quiet lanes to walk your dog. Lots of green space to enjoy along with mostly older, well kept homes. Close to downtown and a wide diversity of neighbors."
    15
    Flag
  • Tlwidmer
    "Quiet, friendly, calming. People are considerate & helpful. The views of the golf course are beautiful!"
    0
    Flag
  • Christina G.
    "We live on a nice quiet street. The bad neighborhoods are about 8 or 9 blocks to the west. I love having the dog park so close. "
    0
    Flag
  • Jennifer M.
    "Great access to the outlook adventure park. Fun things for kids. Water park coming soon!!! Quiet neighborhood not a lot of traffic. Close to town, shops and short drives to anything else you need. "
    0
    Flag
  • Alyssa W.
    "Oakwood Street Festival is held four times a summer. It’s a block party with live music and local vendors put on by the businesses on the block. Its fun for everyone, even the kids love it. Later evening it turns into a very popular bar night because you can carry drinks from bar to bar. "
    5
    Flag
  • Jaimie J.
    "My neighborhood has great access to down town, many public transportation options, and the commute is only 5-10 minutes to get to any stores in town! "
    1
    Flag
  • Jaimie J.
    "Everything is within 3 miles of my home, commuting to a grocery store, gas station, clothing store, etc. is very easy and quick to get to. This neighbor is great to live in and people are extremely friendly."
    1
    Flag
  • Jaimie J.
    "Everyone one around us has dogs, so dogs are always welcome in our neighborhood. There is plenty of yard, and most houses in our neighborhood have fenced in yards, for them to run and explore."
    2
    Flag
  • Amberblkbrn90
    "I live right by Nelson park on the lake there are lot of fun things held up there. shake the lake and other things. also there is a mini golf course near by with batting cages and ropes course and soon to be water park. There is a frisbee golf course and dog park."
    2
    Flag
  • Stephanie G.
    "My neighborhood is a good blend of older adult and families. It is close to Walmart, Target, and Kroger. There are buss stops near also."
    1
    Flag
  • Egbert
    "Decatur is a low cost city to bring up a family. Most neighbors are quite safe. We have lived in the same neighborhood for 25+ years. "
    0
    Flag
  • Stephanie G.
    "my neighborhood has older houses that are well-kept and few kids not a whole lot of traffic is near a great School"
    0
    Flag
  • Bethmbrice
    "People are always walking there dogs and seem to be welcome at local restaurants. Local apartments seem to allow them and have dog areas"
    0
    Flag
  • Kwalker2372
    "Dogs are welcome. People walk their dogs all the time. If your dog gets loose, the neighbors help find them."
    0
    Flag
  • Dodieturner
    "I’ve lived in this home for 7 years and it’s beautiful. It is secluded, well maintained and quiet. The neighbors are respectful but friendly and helpful. "
    0
    Flag
  • Randalane95
    "what makes my neighborhood unique is that there is more than one school in walking distance and that there is more then one grocery store in walking distance and my neighbors are friendly "
    4
    Flag
  • Dodieturner
    "I’ve lived in this area for 7 years. It is secluded, quiet, no flooding, large tree canopy. Good neighbors. Winter sometimes streets are not salted. Limited views of lake. Car required. "
    0
    Flag
  • Jjaysull
    "Quite and easy going . Mixed age community dog friendly and has walking trails maintained by the city . Beautiful mature trees and Deer sightings through out the year . "
    0
    Flag

Market trends in Decatur

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$125K
$8.5KMoM
Sale-to-List Price
99.8%
0.3%MoM
Price per sq ft
$82
$2MoM
Available listings
289
5MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1524 N Summit Ave, Decatur, IL
0.00
Single-Family Home
$39,000
02/05/26
2
1
776
4630 Needle Rd, Decatur, IL
0.76
Single-Family Home
$108,000
09/19/25
3
2
1,536
1426 Linder Ave, Decatur, IL
2.26
Single-Family Home
$25,000
11/25/25
2
1
672
1505 W Ash Ave, Decatur, IL
1.47
Single-Family Home
$172,000
05/29/26
3
2
1,178
1823 Cooper Dr, Decatur, IL
1.48
Single-Family Home
$156,500
10/16/25
3
1.5
1,304
988 W Forsyth Rd, Decatur, IL
2.01
Single-Family Home
$76,500
05/13/26
2
1
1,025
4730 N Beechwood Trl, Decatur, IL
1.70
Single-Family Home
$242,000
05/20/26
3
2
1,534
3888 N Taylor Ave, Decatur, IL
1.79
Single-Family Home
$145,000
04/30/26
3
1
1,144
1120 W Weaver Rd, Forsyth, IL
1.45
Single-Family Home
$169,000
10/17/25
3
1.5
1,092
4785 Arbor Ct, Decatur, IL
1.41
Single-Family Home
$180,000
07/14/26
2
2
1,362

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1524 N Summit Ave, Decatur, IL 62526
0.00
$39,000
2
1
776
Recently Sold
415 Southampton Dr, Decatur, IL 62526
0.00
$170,000
4
2
1,976
For Sale
4560 Needle Rd, Decatur, IL 62526
0.82
$171,600
3
1.5
1,741
Off Market
4520 N Bearsdale Rd, Decatur, IL 62526
0.98
-
Studio
-
-
Off Market
4480 N Bearsdale Rd, Decatur, IL 62526
1.01
$433,400
4
2.5
3,333
Off Market
2360 W Ash Ave, Decatur, IL 62526
1.15
$321,100
3
2.5
2,355
Off Market
4310 N Bearsdale Rd, Decatur, IL 62526
1.17
$184,700
3
1.5
1,161
Off Market
2555 W Ash Ave, Decatur, IL 62526
1.20
$35,000
-
-
-
For Sale
2485 Ash Ave, Decatur, IL 62526
1.20
$487,600
3
3.5
4,751
Off Market
2475 Ash Ave, Decatur, IL 62526
1.20
$424,100
4
3.5
3,155
Off Market
2585 W Ash Ave, Decatur, IL 62526
1.20
$489,000
3
2.5
2,259
For Sale
1270 W Hickory Point Rd, Decatur, IL 62526
1.20
$594,900
4
3.5
5,235
Recently Sold

Price and Tax history

DateEventPrice
Sep 11, 2026
Source: N/A
PriceChange
$20,000
Price decreased by 20%
Jul 28, 2026
Source: N/A
Listed For Sale
$25,000
Jul 28, 2026
Source: Zillow Rentals
ListingRemoved
$750
Jun 27, 2026
Source: Zillow Rentals
PriceChange
$750
Price decreased by 6%
Jun 16, 2026
Source: Zillow Rentals
PriceChange
$795
Price decreased by 4%

LGBTQ Local Legal Protections

This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

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Frequently asked questions about 1505 E Walnut St

  • What is the estimated monthly payment for 1505 E Walnut St?
    Based on a $20,000 list price with 20% down at today's rates, the estimated monthly payment for 1505 E Walnut St in Decatur, IL is approximately $219 (about $108 principal & interest, $36 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1505 E Walnut St compare to homes in Decatur?
    1505 E Walnut St in Decatur, IL is listed at $20,000, about 84% below the $125K median sale price in Decatur.
  • What do residents say about Decatur?
    Residents describe Decatur, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Decatur, IL.
  • What are the closest schools to 1505 E Walnut St?
    The closest schools to 1505 E Walnut St in Decatur, IL are Warrensburg-Latham Elementary School (Pre-K, rated 7/10), Warrensburg-Latham High School (rated 4/10), Warrensburg-Latham Middle School (rated 8/10).
  • How big is the lot at 1505 E Walnut St?
    The lot at 1505 E Walnut St in Decatur, IL is about 0.11 acres (4,800 sq ft).
1505 E Walnut St, Decatur, IL 62526 is a 2 bedroom, 1 bathroom, 768 sqft single-family home built in 1925. This property is currently available for sale and was listed on Jul 28, 2026.