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Single Family ResidentialResidential
$89,960$75 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $23,500 on Oct 20, 2006

503 S COLLEGE ST

SALEM, IL 62881
0
Baths
1,196 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1925
Year BuiltThe year the home was originally built, according to county records.

Valuation

$90K
$82K low$98K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$23,500 · Oct 20, 2006

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,497 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$27,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,350
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$25,350
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$24,730
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$83,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMARION
Lot (acres)The size of the land the home sits on, from county records.0.16
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Salem Community High SchoolC
High · Grades 9–12 · 1.0 mi
M
Franklin Park Middle SchoolB
Middle · Grades 4–8 · 1.1 mi
E
Hawthorn Elementary SchoolB
Elementary · Grades KG–3 · 1.1 mi

District: Salem School District 111

Neighborhood · ZIP 62881These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.178

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.10,212
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.104 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,564
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,373
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

503 S College St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 68% of homes in Salem 62881
  • Costs less per square foot than 77% of homes in Salem 62881
  • Has a smaller lot than 86% of homes in Salem 62881
  • Older than 90% of homes in Salem 62881

What homes are worth in Salem 62881

Each bar is how many homes fall in that price range. The marker is this home.

This home
$28K$407K

This home is worth more than 32% of homes in Salem 62881.

How it measures up in Salem 62881

The dot is this home. The mark in the middle is the typical home in Salem 62881.

Estimated value$89,960
CheaperTypical $128,638Pricier

Pricier than 32% of homes nearby

Price per ft²$75
CheaperTypical $117Pricier

Pricier than 23% of homes nearby

Living area1,196 ft²
SmallerTypical 1,288 ft²Bigger

Bigger than 42% of homes nearby

Lot size0.16 ac
SmallerTypical 0.37 acBigger

Bigger than 14% of homes nearby

Year built1925
OlderTypical 1975Newer

Newer than 10% of homes nearby

How 503 S College St ranks against every home in each area.
MeasureThis homeSalem 62881Marion County
Estimated valuepricier than$89,96032% of homes44% of homes
Price per ft²pricier than$7523% of homes45% of homes
Living areabigger than1,196 ft²42% of homes42% of homes
Lot sizebigger than0.16 ac14% of homes17% of homes
Year builtnewer than192510% of homes24% of homes

About 503 S College St

How much is 503 S College St, Salem, IL worth?

The TopHap Estimate for 503 S College St, Salem, IL is $89,960 as of Oct 21, 2026. The likely range is $82,419 to $97,501. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 503 S College St, Salem, IL last sell?

503 S College St, Salem, IL last sold on Oct 20, 2006 for $23,500, according to the county's recorded deed.

How big is 503 S College St, Salem, IL?

503 S College St, Salem, IL has 1,196 square feet of living space and a 0.16-acre lot.

When was 503 S College St, Salem, IL built?

503 S College St, Salem, IL was built in 1925, making it 101 years old.

What schools serve 503 S College St, Salem, IL?

503 S College St, Salem, IL is assigned to Salem Community High School (high), rated C; Franklin Park Middle School (middle), rated B; Hawthorn Elementary School (elementary), rated B. All sit in Salem School District 111. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 503 S College St, Salem, IL compare to other homes in Salem 62881?

Among the 4,205 homes in Salem 62881, it is worth more than 32% of them ($89,960 against a typical $128,638), its price per square foot is higher than 23% of them ($75 against a typical $117), it is bigger than 42% of them (1,196 ft² against a typical 1,288 ft²), its lot is bigger than 14% of them (0.16 ac against a typical 0.37 ac) and it is newer than 10% of them (1925 against a typical 1975). Measured against all of Marion County, it is worth more than 44% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 503 S College St, Salem, IL?

The 2025 property tax bill for 503 S College St, Salem, IL was $1,497. The county assessed it at $27,700.

More homes on S College St

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Assigned schools

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