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$559,000 Contingent
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Property Description
Welcome to country living at its finest in the highly sought-after GCMS School District! Situated on 1.29 acres, this beautifully updated ranch home offers space, functionality, and thoughtful design throughout. With 4 bedrooms and 3 full bathrooms- including two private master suites with their own full baths - this home provides flexibility for guests, multi-generational living, or simply extra comfort. From the moment you walk through the front door, you'll appreciate the detailed woodwork and custom cabinetry featured in the entry and mudroom area, offering both style and practical storage. The dining area overlooks the inviting living room where a cozy fireplace and added windows fill the space with natural light, creating a warm and welcoming gathering place. The primary suite is truly a retreat, complete with private doors leading to the patio, and a spacious bathroom featuring dual vanities, a walk-in shower, and a relaxing jacuzzi tub. Downstairs, the finished basement provides endless possibilities for additional living space, recreation, or entertainment, and includes an egress window that allows the option to easily add another bedroom if desired. An additional unfinished basement area provides excellent storage. Outside, the property is equally impressive with both attached and detached heated garages. The standout feature is the 42x62 outbuilding, complete with concrete floors and drain, heat, office space, and a full bathroom, with the office area also heated and cooled - perfect for hobbies, business use, or additional workspace. With a new roof in 2024, numerous updates throughout the years, and meticulous care evident in every detail, this property is truly move-in ready. If you've been dreaming of country living with modern comforts and incredible outbuilding space, this property delivers. Every feature of this home has been thoughtfully designed and well maintained. Welcome home to your peaceful retreat.
Full Property Details
Full Property Details for 540 E 50N Rd
General
- Price: $559,000
- Taxes: $8,904 (2024)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12577292
- Updated: 4/6/2026
- Added to Site: 40 day(s) ago
Interior
- Basement: Partially
- Interior Features: 1st-Floor Bedroom, Walk-In Closet(s), Separate Dining Room, Pantry, Quartz Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Starter
- Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Cooktop, Range Hood
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Generator
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: Asphalt, Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached, Detached
Location
- Area: Gibson City
- County: Ford
- Township: Drummer
- Subdivision: Not Applicable
- Driving Directions: Head south out of Gibson City on IL-47. Turn left on E 50N. Second house on your left.
School Information
- School District: 5
- Elem School District: 5
- Midd School District: 5
- High School District: 5
- Elementary School: Gibson City Elementary School
- Middle School: Gibson City Junior High School
- High School: Gibson City High School
- Private School: Gibson City High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Propane, Forced Air
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Partially Finished, Partial
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 2,686
- Sq. Ft. Source: Estimated
- Year Built: 1981
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 1.29
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 198 x 305 x 183 x 295
- Zoning: SINGL
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1981
- Tax Amount: $8,904.62
- Tax Year: 2024
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 9113630000600
Listed by Keller Williams-Trec
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Schools
Schools serving 540 E 50N Rd
School District:Gibson City-Melvin-Sibley Community Unit School District 5
| Name | Grades | Distance |
|---|---|---|
Gcms Elementary School 902 North Church Street, Gibson City, IL 60936 | PK-5 | 4.9 mi |
Gcms Middle School 316 East 19th Street, Gibson City, IL 60936 | 6-8 | 5.2 mi |
Gcms High School 815 North Church Street, Gibson City, IL 60936 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 540 E 50N Rd
Date
Details
Price
Change
Source
3/06/2026
Listed
$559,000
115%
MLS
6/21/2013
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 540 E 50N Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,974
5%
$123,320
20%
2022
$7,603
-1%
$102,360
4%
2021
$7,676
5%
$98,420
5%
2020
$7,299
3%
$93,730
5%
2019
$7,087
2%
$89,270
—
2018
$6,938
-1%
$89,270
8%
2017
$6,999
3%
$82,710
-5%
2014
$6,779
—
$86,670
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 540 E 50N Rd
540 E 50N Road, Gibson City, IL 60936 (MLS# 12577292) is a Single Family property with 4 bedrooms and 3 full bathrooms. 540 E 50N Road is currently listed for $559,000 and was received on March 06, 2026. Want to learn more about 540 E 50N Road? Do you have questions about finding other Single Family real estate for sale in Gibson City? You can browse all Gibson City real estate or contact a Coldwell Banker agent to request more information.
