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Single Family ResidentialResidential
$141,875
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 68How 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

508 3RD ST

MATHERVILLE, IL 61263
0
Baths
3,467 ft²
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$142K
$96K low$188K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,737 (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.$21,390 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,185
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$19,205
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$19,825
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$64,170

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.33
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
27
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
74
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
62
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
3
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMERCER
Lot (acres)The size of the land the home sits on, from county records.0.08
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

E
Winola Elementary SchoolB
Elementary · Grades PK–4 · 4.4 mi
H
Sherrard High SchoolC+
High · Grades 9–12 · 7.0 mi
M
Sherrard Jr High SchoolC
Middle · Grades 7–8 · 7.0 mi

District: Sherrard Community Unit School District 200

Neighborhood · ZIP 61263These 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.132
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.81
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.31

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.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.73
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.187 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$68,750
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70,201
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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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

508 3rd 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 66% of homes in Matherville 61263
  • Among the smallest lots in Matherville 61263

What homes are worth in Matherville 61263

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

This home
$100K$397K

This home is worth more than 34% of homes in Matherville 61263.

How it measures up in Matherville 61263

The dot is this home. The mark in the middle is the typical home in Matherville 61263.

Estimated value$141,875
CheaperTypical $200,600Pricier

Pricier than 34% of homes nearby

Lot size3,467 ft²
SmallerTypical 0.34 acBigger

Smaller than almost all homes nearby

How 508 3rd St ranks against every home in each area.
MeasureThis homeMatherville 61263Mercer County
Estimated valuepricier than$141,87534% of homes46% of homes
Lot sizebigger than3,467 ft²almost no homesalmost no homes

About 508 3rd St

How much is 508 3rd St, Matherville, IL worth?

The TopHap Estimate for 508 3rd St, Matherville, IL is $141,875 as of Oct 21, 2026. The likely range is $95,916 to $187,834. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 3rd St, Matherville, IL last sell?

508 3rd St, Matherville, IL last sold on Jan 1, 1900, according to the county's recorded deed.

What schools serve 508 3rd St, Matherville, IL?

508 3rd St, Matherville, IL is assigned to Winola Elementary School (elementary), rated B; Sherrard High School (high), rated C+; Sherrard Jr High School (middle), rated C. All sit in Sherrard Community Unit School District 200. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 3rd St, Matherville, IL compare to other homes in Matherville 61263?

Among the 271 homes in Matherville 61263, it is worth more than 34% of them ($141,875 against a typical $200,600) and its lot is bigger than almost none of them (3,467 ft² against a typical 0.34 ac). Measured against all of Mercer County, it is worth more than 46% 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 508 3rd St, Matherville, IL?

The 2025 property tax bill for 508 3rd St, Matherville, IL was $1,737. The county assessed it at $21,390.

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Assigned schools

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