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4245 Seminary Rd, Alton, IL, 62002

0beds
0baths
--sqft
$1,750,000
--price/sqft
$13,890/moest. monthly cost
$555,600/yrincome needed

About This Home

102.3 Acres M/L located at the intersection of Interstate 255 and Seminary Road outside of Alton. There is approximately 1800' of road frontage on Seminary Road and approximately 1400' of land bordering the onramp at the SE corner of I-255. This is a third generation family farm that has exceptional development potential. This farm is currently being used for agriculture and offers mature hardwoods, beautiful views, and a variety of wildlife.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

4/10
Alton Middle SchoolGrades 6-82.8 mi
3/10
Alton High SchoolGrades PK,9-121.2 mi

Construction

Condition

  • Property condition: To Be Built
  • New construction: Yes

Materials

  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Farm

Interior

Basement

  • Basement: None

Property

Details

  • Parcel number: 201023000000014
  • Special condition: Standard

Features

  • Horses can be raised: Yes

Lot

  • Lot size: 102.30 Acres
  • Features: Suitable for Horses,Wooded

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake
Hail
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,848$106,176
Home Insurance *$2,302$27,624
Property Taxes $2,610$31,320
Electricity $130$1,569
Total$13,890$166,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$476,228/yr
40% on housing$416,700/yr
45% on housing$370,400/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 62002$107
Madison County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 62002$99
Madison County$119

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-01-31Listed for sale$1,750,000
2023-11-30Listing removed--
2022-12-05Listing removed$1,750,000
2022-11-30Listed for sale$1,750,000
2022-06-10Listing removed--
2021-12-09Listing removed$1,750,000
2021-12-09Listed for sale$1,750,000
2021-11-01Listing removed--
2020-11-02Price change$1,750,000
2017-05-15Listed for sale$2,000,000
2017-01-27Listing removed$2,000,000
2016-02-27Listed for sale$2,000,000
2016-01-18Listing removed$2,000,000
2014-03-18Listed for sale$2,000,000

New Construction

AgentTravis R Tarrant
BrokerageTarrant and Harman Real Estate and Auction Co

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