$144,500

506 W 5th St Pana, IL 62557

$1,716
Closing credit¹
4 beds
1 full, 1 partial
0.3 acres
House

Property details

About 506 W 5th St

GREAT FAMILY HOME ON LARGE CORNER LOT, LARGE KITCHEN,FAMILY ROOM,LIVING ROOM ,OFFICE AND 1/2 BATH ON MAIN FLOOR 4 BEDROOMS FULL BATH ON UPPER LEVEL 2 CAR DETACHED GARAGE AMEREN GAS AND ELECTRIC $270 OVER A 24 MONTH PERIOD

Highlights

Home typeSingle Family Residence
HeatingHot Water
StatusActive
CoolingNone, Attic Fan
BasementYes
Lot size0.29 Acres
Year built1920
ParkingDetached, Garage
MLS #6245074
Garage2 spaces

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: Yes
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Parking: Detached, Garage
  • Architectural Style: Victorian
  • Heating: Hot Water
  • Cooling: None, Attic Fan
  • List Price: $144,500
  • Annual Tax Amount: $986
  • Tax Year: 2023
  • Year Built: 1920
  • Stories: 2
  • Lot Size: 0.29 Acres
  • MLS Number: 6245074
  • MLS Name: CentralIL
  • Office Name: Phil Dressen Realtors
  • Office Phone: (217) 254-8254
  • Office Email: stauderauctions@yahoo.com

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Illinois Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Central Illinois Board of Realtors.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 3:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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506 W 5th St, Pana, IL 62557 - traditional-style home with entry steps, roof with shingles, and a front yard

$144,500

506 W 5th St

$1,716

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$20,990$986
2022$19,503$87
2021$19,120$792
2020$18,309$792
2019$18,740$792
2018$20,532$972
2017$20,951$1,503

History based on county public records data.

Nearby schools

5

Lincoln Elementary School

Public District 3-5

1.0 mi

PO Box 377

8

North Elementary School

Public District PK-5

12.0 mi

110 W Hamilton St

7

Cowden-Herrick Grade School

Public District KG-5

12.7 mi

301 N Broadway St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,951. Typical income of Pana, IL residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

53%
<35k
36%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
40%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • MotocrossMotocross

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • GameStopGameStop

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • JeepJeep

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 506 W 5th St

The listing price of 506 W 5th St property is $144,500.

The property 506 W 5th St is a house located in Pana, Illinois, 62557.

Active Listing: 506 W 5th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 506 W 5th St are: Lincoln Elementary School (GreatSchools Rating 5/10), North Elementary School (GreatSchools Rating 8/10), Cowden-Herrick Grade School (GreatSchools Rating 7/10), Pana Jr High School (GreatSchools Rating 6/10), Central a & M Middle School (GreatSchools Rating 3/10), Moulton Elementary School (GreatSchools Rating 5/10), Pana Sr High School (GreatSchools Rating 4/10), Nokomis Jr/Sr High School (GreatSchools Rating 6/10), Shelbyville High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $986 (source: MLS/based on county public records data).

The property at 506 W 5th St has 4 bedrooms and 1 full and 1 half bathrooms.

The year of construction for 506 W 5th St is 1920.

This home is located at 506 W 5th St in Pana, IL and zip code 62557. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $144,500.

From Rocket Homes Real Estate and based on county public records data.

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