Week ending July 16: Gibson City home sales

By Chambana Sun

Aug 6, 2022

The following residential sales were reported in Gibson City in the week ending July 16, according to BlockShopper.com. The median sales price was $37,285 and the median property tax bill was $2,614 for the previous year.

112 WOOD
$20,470
Property Tax (2020): $1,318.86
Effective Property Tax Rate: 6.44%
Buyer: Champaign Investment LLC
Seller: Daniel R. Todd

102 WOOD
$43,810
Property Tax (2020): $2,985.08
Effective Property Tax Rate: 6.81%
Buyer: Joint Tenancy Knox (trust)
Seller: Joint Tenancy Knox (trust)

530 GRAY DR.
$30,760
Property Tax (2020): $2,242.5
Effective Property Tax Rate: 7.29%
Buyer: Joyce Louise Foster (trustee)
Seller: James T. and Carla J. Allen

508 HAGER DR.
$61,990
Property Tax (2020): $4,586.94
Effective Property Tax Rate: 7.4%
Buyer: Trust Carol A. Hutchcraft
Seller: Noel R. and Carol A. Hutchcraft