501 E Lake St, Salem, IL 62881 Property Records

Marion County property record for 501 E Lake St, Salem, IL 62881

Property Summary

Property TypeSingle Family Home
Lot Size0.363 acres (15,811 sqft)
OwnerIndividual Name on File
Last Sale$48,000 (Dec 2017)
Tax Bill$1,240 (2025)
Deeds & MortgagesSep 2026 Sale
Dec 2017 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN1100012191

Property Details

APN / Parcel Number

Primary APN1100012191

Exterior

Lot Area15,811 sqft (0.363 acres)
Lot Dimensions102 ft deep x 6.3 ft wide

Location & Zoning

Street Address501 E LAKE ST
CitySALEM
StateIL
Zip62881-3434
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLAKE PARK ADD. 2 LOTS 7 & 8 BLOCK 4 6.25' X 102' ALLEY CD BRETT D SMALLWOOD
Legal SubdivisionLAKE PARK ADD
Legal Block4
Legal Lot Number7,8
JurisdictionMARION IL
Township / Civil DivisionSALEM
Census Block Group3
Census Block3070
Census Tract952100

Owner

501 E Lake St is owned and occupied by an individual who acquired it in August 2026.

Source: Marion County records, as of September 17, 2026

Owner of RecordIndividual Name on File
Mailing Address501 E LAKE ST, SALEM, IL 62881-3434
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Sep 3, 2026Deed, Transfer
NONE LISTED ON DOCUMENT
Dec 14, 2017Deed, Transfer · Conventional Mortgage
PEOPLES NATIONAL BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 14, 2017 · Amount on File
Deed SaleDec 14, 2017 · Amount on File
Deed Document Number20176271
Last Transfer DateAug 31, 2026
Transfer Doc0000003700
Record UpdatedOct 29, 2026

September 2026: Deed, Transfer

Document TypeDeed
JurisdictionMARION IL
Recording DateSep 3, 2026
Property Address501 E LAKE ST, SALEM, IL 62881-3434
Document Number0000003700
Instrument DateAug 31, 2026
Instrument20263700
Transaction TypeTransfer
Record UpdatedSep 17, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

Tax$0.00
Amount AccuracyFull Amount Stated

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address501 E LAKE ST, SALEM, IL 62881-3434

December 2017: Deed, Transfer

Document TypeDeed
JurisdictionMARION IL
Recording DateDec 14, 2017
Property Address501 E LAKE ST, SALEM, IL 62881-3434
Document Number2017R06271
Instrument DateDec 11, 2017
Instrument2017R06271
Transaction TypeTransfer
Record UpdatedAug 10, 2021

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$72.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address38 PISGAH DR, BLAIRSVILLE, GA 30512-2920

Mortgage

Document Number2017R06272
DateDec 14, 2017
Instrument2017R06272
Lender
NamePEOPLES NATIONAL BANK
Agreement
TypeConventional Mortgage
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 501 E Lake St was $1,240 with exemptions applied, up 29.6% from the year before.

Source: Marion County assessment roll, as of July 16, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyMarion County
County SubdivisionSalem Township
MunicipalitySalem City
Elementary School DistrictSalem School District 111 (PK - 08)
Secondary School DistrictSalem Community High School District 600 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,240.00 (+29.57%) Homeowner's exemption Disabled Person's exemption$25,980 (+23.71%) Land $3,950 Building $22,030$77,940 (+23.71%) Land $11,850 Building $66,090
2024$957.00$21,000 Land $1,330 Building $19,670$63,000 Land $3,990 Building $59,010
2022$831.00 Homeowner's exemption Disabled Person's exemption$17,840 Land $1,130 Building $16,710$53,520 Land $3,390 Building $50,130

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 501 E Lake St in Zone X, an area of minimal flood risk, though there have been 7 flood claims nearby since 1979.

Source: FEMA National Flood Hazard Layer, effective November 16, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims7 (1979–2009)
Claims Outside the SFHA2 of 7
Most Recent ClaimFeb 2009 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 501 E Lake St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 97% of the US · lower than 79% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSALEM
serves 7,905 people · EPA ID IL1210450
Water SourceSurface water
Last State InspectionMar 2024
Lead2 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 103 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Wabash Communications
Fiber
1,000 / 1,000
Spectrum
Cable
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
GigFire
Fixed Wireless
150 / 130
T-Mobile
Fixed Wireless
100 / 20

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