2.62 Acres Lot

Affordable Country Home on 2.62 Acres in Blue Mound, Illinois Listed for $20,000

A private country property in central Illinois is attracting attention with a remarkably low asking price of $20,000. Located near Blue Mound, Illinois, this three-bedroom, one-bathroom single-family home offers approximately 2,218 square feet of living space on 2.62 acres of land.

The property combines several features that are increasingly difficult to find at a low purchase price, including a secluded setting away from the road, a large front lawn, multiple storage buildings, an attached garage, a newer roof, a generator, and geothermal heating and cooling.

The home was built in 1949 and sits in a peaceful rural setting approximately five minutes south of Blue Mound. According to the property description, residents can enjoy quiet surroundings and privacy while still having relatively convenient access to nearby communities, including Decatur and Taylorville.

With more than 2,200 square feet of interior living space and over two and a half acres of land, the property provides considerably more room than the price might initially suggest. At approximately $9 per square foot based on the listed living area, the asking price is especially notable for buyers searching for an affordable rural home, renovation opportunity, or property with additional outdoor space.

The home is being offered for sale by owner, and the listing identifies the property as a private-sale opportunity rather than a conventional agent-listed transaction.

A $20,000 Country Property With 2.62 Acres

The $20,000 asking price is the first detail likely to catch the attention of prospective buyers.

For buyers interested in rural real estate, properties combining a house and several acres at this price level can be difficult to find. Here, the property includes approximately 2.62 acres along with a 2,218-square-foot residence.

The land provides a meaningful amount of outdoor space around the home. Rather than being situated on a small suburban lot, the residence is described as being set off the road, with a beautiful front lawn that creates a sense of privacy.

This type of setting may appeal to buyers who want to step away from dense neighborhoods and enjoy a quieter environment.

At the same time, the property is close enough to Blue Mound and other nearby communities to provide access to everyday services and amenities.

The owner specifically describes the property as peaceful, quiet, and private while noting its relatively quick access to Decatur and Taylorville.

A Private Setting Set Back From the Road

One of the defining characteristics of the property is its location set back from the road.

A home positioned away from the roadway can provide a greater sense of separation from passing traffic and create a more private residential environment.

The listing highlights the property’s beautiful front lawn, which appears to contribute to the overall rural setting.

For homeowners who value outdoor space, the lawn could provide room for landscaping, gardens, recreational activities, seating areas, or other personal uses, subject to property conditions and applicable regulations.

The distance between the home and the road may also create a more traditional country-property atmosphere.

Instead of looking directly onto a busy street, the residence is surrounded by its own acreage.

Prospective buyers should nevertheless verify property boundaries, access rights, driveway conditions, easements, drainage, and any restrictions affecting the use of the land before purchase.

Three Bedrooms and More Than 2,200 Square Feet

The home contains three bedrooms and one full bathroom.

At approximately 2,218 square feet, the interior provides a substantial amount of living space for a property priced at $20,000.

The larger floor area could offer flexibility for families, guests, home offices, hobbies, storage, or other uses.

A three-bedroom layout is also practical for a variety of household arrangements.

One bedroom could serve as a primary bedroom, while the other two could accommodate family members, guests, office space, or hobby areas.

The exact condition and configuration of the rooms should be evaluated during an in-person inspection.

The listing identifies carpet flooring throughout at least some of the interior, as well as a fireplace.

Because the house was built in 1949, buyers should also pay particular attention to the condition of the structure and major systems.

A 1949 Home With Traditional Character

Built in 1949, the property represents a period of American residential construction that predates many modern building standards and materials.

Older homes can have a distinctive character that appeals to buyers who prefer established construction over newly built houses.

At the same time, a home of this age deserves careful inspection.

Prospective buyers should investigate the foundation, crawl or raised foundation area, framing, roof, electrical system, plumbing, insulation, windows, doors, heating and cooling equipment, and any previous repairs.

The property’s age can also provide an opportunity for modernization.

A future owner may choose to retain the home’s existing character while updating kitchens, bathrooms, flooring, lighting, paint, and other interior features.

The scope of work will depend entirely on the home’s current condition.

New Roof Adds an Important Advantage

The listing specifically highlights a new roof.

For any homeowner, the roof is one of the most important components of a residential property because it protects the structure from weather and moisture.

For an older home, having a newer roof can be particularly valuable because it may reduce one of the immediate concerns associated with purchasing an aging property.

However, buyers should still verify when the roof was installed, what materials were used, whether permits were obtained where required, and whether any warranty remains available.

A professional inspection can also identify issues that may not be visible from the ground.

The new roof should therefore be viewed as an important feature, while still confirming its condition and installation history through appropriate due diligence.

Geothermal Heating and Cooling

Another unusual feature is the property’s geothermal heating and cooling system.

Geothermal systems use underground temperature conditions as part of the heating and cooling process and can provide an alternative to conventional HVAC systems.

The listing identifies geothermal heating and geothermal cooling.

This is a notable feature for a rural home because buyers may place significant importance on heating and cooling costs, particularly in a climate with cold winters and warm summers.

A buyer should obtain information about the age, condition, maintenance history, and operating performance of the geothermal system.

It is also important to understand the specific components of the system and whether any maintenance or replacement work is expected.

If the geothermal system is functioning properly, it could be a meaningful feature of the property.

Generator Included With the Property

The property also includes a generator.

A generator can provide an additional level of resilience for a rural residence, especially during power interruptions caused by severe weather or other events.

Country properties can sometimes be more vulnerable to extended service interruptions depending on local infrastructure and weather conditions.

Having a generator already associated with the property may therefore be a practical advantage.

Buyers should determine the generator’s type, capacity, fuel source, age, maintenance history, and operating condition.

They should also verify whether it is permanently installed or portable and whether any transfer, inspection, or installation requirements apply.

Two Storage Buildings Add Practical Space

The listing identifies two storage buildings on the property.

Additional structures can be particularly useful on acreage because rural homeowners often need storage space for tools, lawn equipment, recreational equipment, gardening supplies, seasonal items, or workshop materials.

Having separate storage structures can help keep the main residence more organized.

The condition of these buildings should be inspected carefully.

Buyers should examine roofs, foundations, doors, siding, electrical service if present, and any evidence of water intrusion or structural deterioration.

It is also useful to confirm whether the structures are legally recognized and whether any permits or property records apply.

Attached Garage Provides Convenient Parking

The home includes an attached garage.

An attached garage can provide convenient protected parking while also offering additional storage or workspace.

For a rural Illinois property, covered parking can be useful throughout the year because of winter snow, rain, summer heat, and changing weather conditions.

The garage may also provide space for tools, bicycles, lawn equipment, or other items.

The exact garage dimensions, door condition, electrical service, and structural condition should be verified during an inspection.

A Fireplace Adds Character

The property includes a fireplace.

A fireplace can add visual character to an older home and provide a traditional gathering point within the living space.

For buyers interested in restoring a vintage residence, an existing fireplace can become an important architectural feature.

However, fireplaces should always be professionally evaluated before use.

A chimney inspection can help identify potential issues involving the flue, masonry, liner, ventilation, or previous deterioration.

The buyer should confirm whether the fireplace is functional, what fuel it uses, and whether any repairs are required.

No Basement, but Crawl or Raised Foundation

The property facts indicate that the home does not have a basement and has a crawl or raised foundation.

A crawlspace can provide access to plumbing, electrical components, ductwork, and other systems located beneath the home.

It can also be an important area to inspect for moisture, standing water, wood deterioration, insulation problems, pests, and structural concerns.

Because the home is located on rural acreage, proper drainage around the foundation should also be evaluated.

The absence of a basement means buyers should consider the property’s available storage differently from a home with a full basement.

The two storage buildings and attached garage may help compensate by providing additional functional space.

Rural Living Near Blue Mound

The property is located near Blue Mound, Illinois.

The owner describes the home as being approximately five minutes south of Blue Mound.

That proximity can provide a balance between rural privacy and access to a nearby small community.

For many rural buyers, having a home outside town while remaining only a short drive from basic services can be an important consideration.

The owner also mentions access to Decatur and Taylorville.

Prospective buyers should independently verify current driving times to the destinations that matter most to them, including employment centers, grocery stores, medical facilities, schools, restaurants, hardware stores, and other services.

Convenient Access to Decatur and Taylorville

The listing specifically emphasizes access to Decatur and Taylorville.

These nearby communities can expand the range of services available to residents compared with living in a more isolated rural location.

For someone who works in or regularly visits one of these communities, the property’s location may provide an appealing combination of privacy and accessibility.

The exact commute will vary depending on the destination and route, so buyers should test-drive the property from their most important destinations before purchasing.

For rural property buyers, commute times can have a major impact on daily quality of life.

2.62 Acres for Outdoor Living

The approximately 2.62-acre lot gives the property a distinctly rural character.

Two and a half acres can provide considerable flexibility compared with a conventional residential parcel.

Depending on local rules and the property’s physical characteristics, the land could potentially support gardens, landscaping, recreation, outdoor seating, storage, or other personal uses.

The large front lawn may be particularly attractive to buyers who want open space around their home.

The land may also provide opportunities for enjoying nature without leaving the property.

However, buyers should not assume that every desired use is automatically permitted.

Zoning, county regulations, setbacks, utility requirements, environmental considerations, and property boundaries should all be verified before planning additional structures or major improvements.

Potential for a Country Homestead

The property could potentially appeal to buyers interested in creating a small country homestead.

The combination of 2.62 acres, a large residence, storage buildings, a garage, and a private setting provides a useful starting point.

A homeowner might envision a garden, outdoor recreation area, workshop, landscaping project, or other rural lifestyle improvements.

The presence of multiple structures can make the property more practical for someone who enjoys hands-on projects.

Again, the exact possibilities depend on local regulations and the physical condition of the land.

Buyers should check whether any agricultural, livestock, gardening, outbuilding, or other uses are permitted before making plans.

Potential Renovation and Customization

Although the listing does not provide an extensive renovation description, a $20,000 property with more than 2,200 square feet naturally invites buyers to investigate its condition carefully.

A buyer may choose to update the interior over time.

Potential improvements could include fresh paint, flooring upgrades, kitchen modernization, bathroom improvements, lighting, fixtures, insulation, windows, and other cosmetic or functional changes.

The fact that the property already has a new roof and geothermal heating and cooling could potentially reduce some major immediate expenses, but buyers should not assume that all systems are in perfect condition.

A detailed inspection and contractor estimates are essential before establishing a renovation budget.

A Potential Investment Opportunity

The property could potentially attract investors interested in affordable rural real estate.

The low acquisition price, substantial interior square footage, acreage, garage, storage buildings, and existing mechanical features may warrant further investigation.

However, any investment strategy should be based on actual local market data and verified renovation costs.

Buyers should research comparable properties, rental demand, potential resale values, insurance, property taxes, maintenance expenses, and financing requirements.

The annual property tax listed for the property is approximately $3,475, while the tax-assessed value is listed at $57,416.

Tax-assessed value should not be interpreted as a market valuation, and buyers should verify current tax information with the relevant county authority.

Understanding the Property Taxes

The listing reports an annual tax amount of $3,475.

For a property listed at $20,000, this annual tax figure is important to consider.

Property taxes can significantly affect the long-term cost of ownership, especially when the purchase price is unusually low.

A buyer should confirm the current tax bill, any outstanding taxes, special assessments, exemptions, and whether taxes are expected to change after a transfer.

The listed tax-assessed value is approximately $57,416, which is considerably different from the $20,000 asking price.

This difference illustrates why assessed value and asking price should not be treated as interchangeable measurements.

The property’s actual market value depends on numerous factors, including condition, location, land, comparable sales, and buyer demand.

For Sale by Owner

The property is being offered directly by the owner.

The listing states that it is for sale by owner and that Zillow is displaying the property at the owner’s request rather than under a listing agreement with Zillow or its affiliates.

A private-sale transaction can require buyers to pay particularly close attention to documentation and due diligence.

Prospective buyers should consider working with appropriate professionals, including a real estate attorney, title company, inspector, lender, surveyor, or other qualified specialists as needed.

A title search can help identify ownership issues, liens, easements, or other matters affecting the property.

Open House Opportunities

The listing includes scheduled open houses on September 26 and October 3, from 10:00 AM to 2:00 PM.

These dates provide prospective buyers with opportunities to see the property in person and evaluate the condition of the home, land, storage buildings, garage, and surrounding setting.

An in-person visit is especially important for an older rural property.

Photos and listing information cannot reveal every issue.

During a visit, buyers should pay attention to the property’s approach, driveway, drainage, exterior walls, roofline, windows, landscaping, outbuildings, garage, interior rooms, floors, ceilings, fireplace, crawlspace access, heating and cooling equipment, and general condition.

Important Questions to Ask Before Purchasing

A prospective buyer may want to ask the owner about:

• The exact condition and age of the new roof
• The age and maintenance history of the geothermal system
• Generator specifications and service history
• Condition of the two storage buildings
• Attached garage condition
• Fireplace and chimney condition
• Plumbing system
• Electrical system
• Water source
• Septic or sewer arrangements
• Property boundaries
• Easements
• Road access
• Crawlspace condition
• Previous renovations
• Known structural issues
• Property taxes
• Utility costs
• Included personal property or equipment
• Any known environmental concerns

Getting clear answers before making an offer can help buyers determine whether the property fits their goals.

What Makes This Property Stand Out

Several features distinguish this Blue Mound property from a typical $20,000 listing.

First, it includes 2.62 acres of land.

Second, the house contains approximately 2,218 square feet.

Third, the property is set back from the road and described as peaceful and private.

Fourth, the home has a new roof.

Fifth, it includes geothermal heating and cooling.

Sixth, there is a generator.

Seventh, two storage buildings are included.

Eighth, there is an attached garage.

These features create a combination that deserves closer investigation, particularly for buyers interested in rural properties.

A Different Kind of Affordable Illinois Property

Affordable homes often involve compromises.

A very low-priced house may require extensive repairs, have a small lot, or be located in an area with limited services.

This property presents a different combination.

The residence is relatively large at more than 2,200 square feet, while the lot contains more than 2.6 acres.

The property also includes several useful improvements and structures.

The biggest question is therefore not simply whether the property is inexpensive, but what condition the home and its supporting systems are actually in.

A thorough inspection can help answer that question.

Final Thoughts

The $20,000 property near Blue Mound, Illinois, offers an unusual combination of affordability, acreage, living space, and rural privacy.

The three-bedroom, one-bathroom home contains approximately 2,218 square feet and sits on 2.62 acres.

Built in 1949, the residence is set back from the road and surrounded by a large front lawn. The property also includes a new roof, generator, two storage buildings, an attached garage, and geothermal heating and cooling.

The owner describes the location as peaceful, quiet, and private while noting that the home is only about five minutes south of Blue Mound and offers convenient access to Decatur and Taylorville.

The property could potentially appeal to a variety of buyers, including someone seeking an affordable country home, a buyer interested in acreage, a person looking for a renovation project, or an investor exploring low-cost real estate.

At the same time, the property’s low asking price should encourage careful investigation rather than an assumption that the home is automatically a bargain.

The annual property tax is listed at approximately $3,475, which is an important recurring cost. The property’s condition, utility systems, foundation, crawlspace, electrical and plumbing components, outbuildings, garage, and geothermal equipment should all be evaluated before purchase.

Because the home is being sold by owner, buyers should also pay close attention to the transaction process, title, property boundaries, documentation, and closing procedures.

The combination of 2.62 acres and more than 2,200 square feet of living space makes this property particularly interesting for buyers who value room and privacy. The new roof, generator, storage buildings, garage, and geothermal system add further features that may warrant a closer look.

For someone seeking a quiet country setting without paying a conventional suburban price, this Blue Mound property provides an opportunity to investigate a very different type of Illinois real estate.

The most important step is to see the property in person, understand its current condition, verify the financial details, and determine what improvements, if any, will be necessary.

With the right due diligence, the property could potentially serve as a private country residence, rural retreat, homestead-style property, or long-term project.

 

 

Listed on Zillow.