331 Exchange St, Colona, IL 61241 Property Records

Henry County property record for 331 Exchange St, Colona, IL 61241

Property Summary

Property Type	Single Family Home
Details	2 bd · 1 ba · 1,750 sqft · built 2001
Lot Size	0.69 acres (30,056 sqft)
Owner	Individual Name on Record
Tax Bill	$4,893 (2025)
Deeds & Mortgages	Jun 2020 Mortgage Jan 2018 Mortgage
Flood Zone	Zone A (high risk)
APN	`07-07-302-001`

Property Details

APN / Parcel Number

Primary APN	`07-07-302-001`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	4 Rooms
Stories	2 Stories
Building Area	1,750 sqft Total Area
1st Floor Area	1,022 sqft
Basement Area	854 sqft
Unfinished Basement	1,022 sqft

Exterior

Year Built	Built 2001
Effective Year Built	Effective 2001
Construction Type	Frame
Lot Area	30,056 sqft (0.69 acres)
Lot Dimensions	300 ft deep x 100 ft wide
Garage Area	462 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Street Address	331 EXCHANGE ST
City	COLONA
State	IL
Zip	61241-8803
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	100 X 300 TRACT N & ADJ BLK 4 VILLAGE OF GREEN RIVER
Legal Subdivision	VILLAGE OF GREEN RIVER
Legal Tract	N
Legal Block	4
Jurisdiction	HENRY IL
Township / Civil Division	EDFORD
Census Block Group	1
Census Block	1029
Census Tract	30203

Owner

Source: Henry County records, as of June 19, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	331 EXCHANGE ST, COLONA, IL 61241-8803
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 1, 2020	Deed of Trust, Mortgage · Conventional with PMI IH MS VLY CU
Jan 22, 2018	Deed of Trust, Mortgage · Conventional Mortgage IH MS VLY CU

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Sep 20, 2026

June 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENRY IL
Property Address	331 EXCHANGE ST, COLONA, IL 61241-8803
Document Number	0000003397
Instrument Date	Jun 1, 2020
Transaction Type	Mortgage
Record Updated	Aug 4, 2020
Title Company	GOMEZ TITLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	331 EXCHANGE ST COLONA IL 612418803, COLONA, IL 61241-8803

Mortgage

Document Number	0000003397
Date	Jun 10, 2020
Instrument	3397

Lender

Name	IH MS VLY CU
Type	Credit Union
Address	MOLINE, IL 61265

Agreement

Type	Conventional with PMI
Amount	Amount Recorded
Term	360 Months
Due	Jun 9, 2050

Interest

Rate Type	Fixed Rate
Rate	3.62%

January 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENRY IL
Property Address	331 EXCHANGE ST, COLONA, IL 61241-8803
Document Number	0000000606
Instrument Date	Jan 22, 2018
Transaction Type	Mortgage
Record Updated	Mar 2, 2018

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	331 EXCHANGE ST COLONA IL 612418803, COLONA, IL 61241-8803

Mortgage

Document Number	0000000606
Date	Jan 30, 2018
Instrument	606

Lender

Name	IH MS VLY CU
Type	Credit Union
Address	MOLINE, IL 61265

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	84 Months
Due	Jan 29, 2025

Interest

Rate	4.75%

Tax Assessment & Valuation

Source: Henry County assessment roll, as of June 19, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Henry County
County Subdivision	Edford Township
Unified School District	Geneseo Community Unit School District 228 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,893.00 (+36.91%)	$77,190 (+26.34%) Land $5,374 Building $71,816	$231,570 (+26.34%) Land $16,122 Building $215,448
2022		$61,095 Land $4,360 Building $56,735	$183,285 Land $13,080 Building $170,205
2021	$3,574.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 2, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone A high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	Not determined for this zone
Flood Insurance Requirement	Required federally backed loans
Nearby Flood Policies	6 in force
Nearby Flood Claims	42 (1979–2017)
Claims Outside the SFHA	6 of 42
Most Recent Claim	Jul 2017 · river or lake flooding
Claims by Event	Severe Storms, Straight-line Winds, And Flooding, Apr 2013 · 3 claims

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

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

Wildfire Risk	Low lower than 95% of the US · lower than 70% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, based on 48 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable	2,000 / 1,000
Geneseo Communications Services Fiber · Fixed Wireless in parts of the area	1,000 / 1,000

May also be available: Nextlink.

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