502 E Melbourne Ave
Peoria, IL 61603
East Bluff- 4 Beds
- 1 Bath
- 816 sqft
4 Beds
1 Bath
816 sqft
Local Information
-- mins to
Description
This single-family home is located at 502 E Melbourne Ave, Peoria, IL. 502 E Melbourne Ave is in the East Bluff neighborhood in Peoria, IL and in ZIP code 61603. This property has 4 bedrooms, 1 bathroom and approximately 816 sqft of floor space. The last sold price per dimension was $114/sqft. This property was built in 1920.
502 E Melbourne Ave, Peoria, IL 61603 is a 4 bedroom, 1 bathroom, 816 sqft single-family home in East Bluff, built in 1920. It last sold for $93,000 on Sep 9, 2025. It is currently off market. The Trulia Estimate is $96,600, with a rent estimate of $1,196/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$114/sqft
Listed
Less than a day ago
Home Details for 502 E Melbourne Ave
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Interior Details BasementAttic |
Heating & Cooling Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1 |
Fireplace & Spa Fireplace |
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Year Built Year Built: 1920Year Updated: 1920 |
Property Type / Style Property Type: Single Family HomeArchitecture: Bungalow |
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Exterior Home Features Exterior: Brick |
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Price Price Per Sqft: $114/sqft |
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Units in Building: 1 |
Price History for 502 E Melbourne Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 09/09/2025 | $93,000 | Sold | N/A |
| 01/19/2016 | $50,000 | Sold | N/A |
| 06/23/2004 | $68,000 | Sold | N/A |
| 04/24/1998 | $50,000 | Sold | N/A |
Market trends in Peoria
Last updated May 2026
Avg. sale price
$116K
$1.67KMoM
Sale-to-List Price
98.3%
0.8%MoM
Price per sq ft
$84
$1MoM
Available listings
348
23MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,856 |
| Assessment | $61,560 |
Home facts updated by county records
Comparable Sales for 502 E Melbourne Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $75,000 | 10/21/25 | 3 | 1 | 1,162 | |
0.06 | Single-Family Home | $70,650 | 06/23/26 | 3 | 1 | 1,172 | |
0.05 | Single-Family Home | $72,500 | 11/05/25 | 2 | 1 | 920 | |
0.20 | Single-Family Home | $72,100 | 11/19/25 | 3 | 1 | 884 | |
0.26 | Single-Family Home | $99,900 | 05/28/26 | 3 | 1 | 892 | |
0.21 | Single-Family Home | $98,000 | 05/20/26 | 3 | 1 | 1,088 | |
0.12 | Single-Family Home | $85,000 | 12/16/25 | 3 | 1 | 1,562 | |
0.07 | Single-Family Home | $37,500 | 11/25/25 | 3 | 1 | 768 | |
0.18 | Single-Family Home | $85,000 | 07/11/25 | 3 | 1 | 1,347 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 502 E Melbourne Ave.
What Locals Say about East Bluff
At least 79 Trulia users voted on each feature.
93 % Say yards are well-kept
84 % Say there are sidewalks
80 % Say car is needed
75 % Say parking is easy
65 % Say kids play outside
58 % Say it's dog friendly
56 % Say there's holiday spirit
49 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
45 % Say there's wildlife
40 % Say people would walk alone at night
39 % Say it's quiet
37 % Say streets are well-lit
34 % Say it's walkable to restaurants
24 % Say it's walkable to grocery stores
13 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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