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  • Listed by: Adams Auction & Real Estate Services Inc. • Adam F Jokisch • 618-234-8751
    Bought with: Adams Auction & Real Estate Services Inc.
    $40,000

    3048 Selmaville Rd, Salem, IL 62881

    2beds
    2,028sqft
    Single Family Residence
    Built in 1938
    1 Acres Lot
    $91,100 Zestimate®
    $20/sqft
    $1,199 Estimated rent

    Home value

    $91,100

    $67,000 - $118,000

    $1,199/mo

    Zestimate® history
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    What's special

    Wood-burning fireplaceGravel drivewayEat-in kitchen
    Price listed is Starting Bid Only. Bidding starts closing 9/16/2026 @ 6 p.m. Opportunity awaits for any real estate investor or savvy flipper with this potential-filled 2BR/1BA estate home featuring a 37’ x 30’ detached garage/workshop on a mostly wooded 1.0+/- acre lot in Selmaville, IL! The main level offers an eat-in kitchen with sliding glass doors providing access to a side deck, an oversized primary bedroom with ample closet space, and a conveniently located full bathroom. The great room is anchored by a wood-burning fireplace and features sliding glass doors leading to a rear patio. The second floor houses the home’s additional bedroom. Outside, a gravel driveway leads to the detached garage/workshop, offering 1,110± SF of space for parking, storage, hobbies, or potential workshop use, while the surrounding wooded acreage provides a peaceful country setting. Utilities include connected electricity, public water, and a private septic system. The home has forced air gas heating but currently has no air conditioning installed. Gas service is currently disconnected but can be reconnected by the new owner. Conveniently located near schools and area amenities while offering the charm and privacy of a country setting, this property presents an excellent opportunity to bring your vision to life and unlock its full potential! Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam F Jokisch 618-234-8751,

    Adams Auction & Real Estate Services Inc.

    Bought with:

    Adam F Jokisch, 440-000169

    Adams Auction & Real Estate Services Inc.

    Source: MARIS,MLS#: 26054722MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Forced Air
    Cooling
    • Wall/Window Unit(s)
    Features
    • Basement: Partial,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,028
    • Total interior livable area: 2,028 sqft
    • Finished area above ground: 2,028
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One and One Half
    Lot
    • Size: 1 Acres
    • Features: Adjoins Wooded Area
    Details
    • Parcel number: 1129000034
    • Special conditions: Auction,Listing As Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Roof: Metal
    Condition
    • Year built: 1938

    Utilities & green energy

    • Electric: Other
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Water Connected

    Community & HOA

    Community
    • Subdivision: Not In A Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $20/sqft
    • Tax assessed value: $57,330
    • Annual tax amount: $121
    • Date on market: 8/25/2026
    • Cumulative days on market: 23 days
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/16/2026Sold$40,000$20/sqft
    Source: MARIS #26054722 Report a problem
    8/15/2017Sold$40,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$124 -8.5%$19,110 +16.7%
    2023$136 -7.6%$16,380 +10%
    2022$147 -5.1%$14,890 +7%
    2021$155 -75.1%$13,920 +4.6%
    2020$622 +269.8%$13,310
    2019$168 -0.6%$13,310
    2018$169 -71.2%$13,310 +2%
    2017$588 -51%$13,050 -6.7%
    2016$1,201 $13,990
    2015-- $13,990 +2%
    2012-- $13,710
    2011-- $13,710 -2%
    2010-- $13,990
    2009-- $13,990
    Find assessor info on the county website

    Neighborhood: 62881

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Selmaville Csd #10
    • Middle: Selmaville Csd #10
    • High: Salem Community

    Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $91,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $91,100