2466 Formosa Rd

479,160 / 11
Lot Size / Acres

Description

11 +/- acres at $34,000 per acre. Will consider dividing into 5 or 10 acre parcels, pricing will vary depending on location. Logistically located for ample interstate access. 850' frontage along Formosa Road and 1050' frontage along Bouse Road. Currently zoned agricultural, commercial light industrial potential. Surrounded by multi-use, light industry, commercial, residential and multi-family. Ground is located in the County. Rezoning will be responsibility of buyer and will need to be approved by...11 +/- acres at $34,000 per acre. Will consider dividing into 5 or 10 acre parcels, pricing will vary depending on location. Logistically located for ample interstate access. 850' frontage along Formosa Road and 1050' frontage along Bouse Road. Currently zoned agricultural, commercial light industrial potential. Surrounded by multi-use, light industry, commercial, residential and multi-family. Ground is located in the County. Rezoning will be responsibility of buyer and will need to be approved by the City of Troy and Madison County. Access to all utilities. Sewer and Water available at the property. Utility Diagrams are in photos. Gas line runs along property side of Formosa Road. SW Electric available along north side of Bouse Road and overhead on east side of property along Formosa Road. Buyer is responsible for verifying and accepting utilities prior to closing. Agent Owned
  1. Listed by Christi Berg • Gori Realtors, LLC
    P: (618)-973-9439 C: (618)-659-5565 cberg@gorirealtors.com

Property Details for 2466 Formosa Road

Waterfront
No
Zoning
agricultural
Cross Street
Bouse Road
LISTING CLOSED: 12/01/2023 12:00 AM

Property Details for 2466 Formosa Road

StatusClosed
MLS #23058645
Days on Market1
Taxes$808 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeFarm / Acreage & Farms
Year Built-
Lot Size11.00 AC
CountyMadison County IL

Location

Listing Courtesy of Gori Realtors, LLC

Sold By Gori Realtors, LLC

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Building Information for 2466 Formosa Road

Lot Size11.00 AC

Payment Calculator

$1,801 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,733

Property Taxes

$67

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2466 Formosa Road

Summary
Location and General Information
  • City: Troy
  • County Or Parish: Madison-IL
  • Directions: Easy access from I-55, I-270 and I-70 to north on Formosa Road. Property is at the corner of Bouse Road 1050' frontage, and Formosa Road 850' frontage.
  • Latitude: 38.746035
  • Longitude: -89.915853
  • Postal Code: 62294
  • State Or Province: IL
  • Sub division Name: Not in a subdivision
  • Topography: Crop
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Prop Asses City Tax: 0
  • Parcel Number: 10-1-16-31-00-000-013
  • Tax Annual Amount: $808.00
  • Tax Legal Description: 10-1-16-31-00-000-013
  • Tax Year: 2018
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
School Information
  • Elementary School: TRIAD DIST 2
  • High School: Triad
  • High School District: Triad DIST 2
  • Middle Or Junior School: TRIAD DIST 2
Property
Lot Information
  • Lot Features: Backs to Open Grnd
  • Lot Size Acres: 11.0
  • Lot Size Source: County Records
  • Lot Size Square Feet: 479160.0
  • Tillable Acreage: 21.00
  • Possible Use: Commercial
  • Property Sub Type: Acreage & Farms
  • Property Type: Farm
  • Wooded Area: 0.0
Property and Assessments
  • Current Use: Row Crops
  • Documents Available: Other
  • Documents Count: 0
  • Photos Count: 1
  • Videos Count: 0
  • Disclosures: Unknown, Agent Owned
  • Ownership Type: Private
  • BuyerFinancing: Other
Utilities
  • Sewer: Other
  • Utilities: None
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Pasture Area: 0.0
  • Road Frontage Type: City Street, County Road
  • Road Surface Type: Concrete
  • Pool Private: No
Interior Features
  • Levels: None
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 0
  • Fireplace: No
  • Heating YN: No
  • Main and Upper Bathrooms: 0
Room Information
Bedrooms
  • Main and Upper Beds: 0
Multi Family
Multi-Family Information
  • TYPE: Acreage Urban,Agricultural Land,Commercial Potential

Property History for 2466 Formosa Road

DateEvent & SourcePriceAppreciation
Dec 1, 2023

Closed

MARIS #23058645

$341,000—
Sep 28, 2023

Listed (Active)

MARIS #23058645

$374,000—
Sep 28, 2023

Pending

MARIS #23058645

—
DateEvent & SourcePrice
12/01/2023

Closed

MARIS #23058645

$341,000
09/28/2023

Listed (Active)

MARIS #23058645

$374,000
09/28/2023

Pending

MARIS #23058645

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2466 Formosa Road

Taxable ValueLand$8,060Additions-Total$8,060
Tax Record2024$566 ($47 / month)
Home Facts
Lot Size479,160 SqFtStyleMiscellaneous AgriculturalCountyMADISONAPN10-1-16-31-00-000-013-008

Schools near 2466 Formosa Road

This home is within Triad Community Unit School District 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Silver Creek Elementary School
PublicPK to 5

Triad Middle School
Public6 to 8

Triad High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Gori Realtors, LLC

Based on information submitted to the MLS GRID as of 12/01/2023 10:28 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.