5242 E 500th St, Putnam, IL 61560
Property image
Property image
OFF MARKET

$330,600

Trulia Estimate
  • 2 Beds
  • 1,560 sqft (on 8.11 acres)

5242 E 500th St, Putnam, IL 61560

Est. Refi. Payment $2,220/mo*
Refinance Your Home
Currently Off Market - Sold Sep 25, 2020 for $275,000

Home Value

Trulia Estimate
$331K
Since last month
Decreased$5K (-1.5%)
Since last year
Decreased$2K (-0.7%)
Since last sale
Increased$55K (+20.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +204% in the last 10 years
MonthEstimated value
2026
August 2026$330K
July 2026$336K
June 2026$337K
May 2026$329K
April 2026$340K
March 2026$320K
February 2026$318K
January 2026$315K
2025
2024
2023
2020
2019
2018
2017
2016

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
47 Poplar Dr, Putnam, IL
3.60
Lot/Land
$1,500
05/26/26
-
-
45 Poplar Dr, Putnam, IL
3.62
Lot/Land
$1,000
04/27/26
-
-
6 Walnut Dr, Putnam, IL
3.85
Lot/Land
$2,000
05/01/26
-
-
83 Timberlane Dr, Putnam, IL
4.09
Lot/Land
$1,500
06/08/26
-
-
17 Carribean Dr, Putnam, IL
4.57
Lot/Land
$5,000
02/24/26
-
-
9 Barbados Dr #336, Putnam, IL
4.70
Lot/Land
$1,500
06/30/26
-
-
Lot 618 Lake Thunderbird Dr, Putnam, IL
4.78
Lot/Land
$3,000
10/31/25
-
-
11 Skinner Dr, Putnam, IL
4.83
Lot/Land
$2,100
04/07/26
-
-
119 Lake Thunderbird Dr, Putnam, IL
4.92
Lot/Land
$2,000
06/29/26
-
-
28 Cedar Ct, Putnam, IL
5.44
Lot/Land
$2,000
05/20/26
-
-

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
E Of Lake Rd, Putnam, IL 61560
6.85
-
-
-
-
Off Market
E Of Lake Rd, Putnam, IL 61560
6.85
-
-
-
-
Off Market
N 550th Ave, Putnam, IL 61560
6.85
$395,500
Studio
-
-
Off Market
5088 E 500th St, Putnam, IL 61560
0.14
$401,500
Studio
-
-
Off Market
4817 E 330th St, Putnam, IL 61560
2.21
$426,800
Studio
-
-
Off Market
4936 Walnut Grove Cir, Putnam, IL 61560
0.64
-
Studio
-
-
Off Market
4660 E 500th St, Putnam, IL 61560
0.62
$290,900
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 5242 E 500th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Lot/Land
Year Built
1900
Lot Size
8.11 acres
Living Area
1,560 sqft
Price/Sqft
$212

About this House

THIS IS AN AMAZING OPPORTUNITY! YOU CAN HAVE IT ALL WITH THIS PROPERTY. ACREAGE, PASTURE AND TILLABLE HAY FIELD, PARTIAL FENCING REMAINS. IF YOU LOVE HORSES OR LIVESTOCK, SMALL ORGANIC FARMING, HUNTING, FISHING, BOATING THIS A MULTI FACETED DREAM COME TRUE PIECE OF REAL ESTATE. FARM/ RANCH HOME HAS BEEN COMPLETELY RENOVATED DOWN TO THE STUDS. NEWER FLOORING, DRYWALL, BATHROOMS, KITCHEN CABINETS AND COUNTERTOPS. MAIN FLOOR LAUNDRY. VERY EXPENSIVE WATER FILTRATION SYSTEM HAS BEEN INSTALLED. UPGRADES ARE TOO NUMEROUS TO MENTION. INQUIRE FOR DETAILED LIST AND RECEIPTS. OUTBUILDINGS FOR STORAGE. ACREAGE IS DEEP IN LENGTH. THIS PRIVATE, PEACEFUL, PARADISE LOCATED ALL IN THE HEART OF DUCK COUNTRY. NO SHOWINGS BEGIN UNTIL 7-19-20
5242 E 500th St, Putnam, IL 61560 is a 2 bedroom, 1,560 sqft lot/land built in 1900. It last sold for $275,000 on Sep 25, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $330,600, with a rent estimate of $763/month.

Home Details for 5242 E 500th St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Lot Land

Exterior Features

Parking & Garage
Parking Spaces: 2

Lot Information

Lot Area: 8.11 acres

Price and Tax history

DateEventPrice
Sep 25, 2020
Source: RMLS Alliance as distributed by MLS GRID #PA1216816
Sold
$275,000
Aug 10, 2020
Source: Agent Provided
Pending
$276,700
Jul 11, 2020
Source: Agent Provided
Listed For Sale
$276,700

Market trends in Putnam

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
23

Around this home

What Locals Say about Putnam

At least 2 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say it's dog friendly

  • 100 % Say yards are well-kept

  • 100 % Say there's wildlife

  • 100 % Say parking is easy

  • 75 % Say kids play outside

  • 67 % Say they plan to stay for at least 5 years

  • 67 % Say it's quiet

  • 57 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 50 % Say it's walkable to restaurants

  • 33 % Say there's holiday spirit

Sourced by Trulia users. Learn more about our methodology.
  • Karen
    "the wild life is truly amazing here and so are the families ... awesome lake life here... ....the people here love to party and are so kind"
    1
    Flag

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Frequently asked questions about 5242 E 500th St

  • What is 5242 E 500th St estimated to be worth?
    Trulia's estimated value for 5242 E 500th St in Putnam, IL is $330,600.
  • What is the price history for 5242 E 500th St?
    5242 E 500th St in Putnam, IL last sold for $275,000 in September 2020.
  • Is Putnam a buyer's or seller's market?
    Putnam is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 5242 E 500th St?
    The closest schools to 5242 E 500th St in Putnam, IL are Henry-Senachwine Grade School (Pre-K/Elementary/Middle, rated 5/10), Henry-Senachwine High School (rated 6/10).

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