406 E Walnut St, Tolono, IL 61880 Property Records

Champaign County property record for 406 E Walnut St, Tolono, IL 61880 · Last verified May 2026

Property Summary

Property Type	Single Family Home
Details	1 ba · 943 sqft · built 1878
Lot Size	0.276 acres (12,016 sqft)
Owner	2 Individual Names on File
Last Sale	$180,000 (Dec 2022)
Tax Bill	$2,172 (2024)
Deeds & Mortgages	Dec 2022 Sale & Mortgage May 2017 Sale
Flood Zone	Zone X (minimal risk)
APN	`29-26-25-154-011`

Property Details

APN / Parcel Number

Primary APN	`29-26-25-154-011`

Interior

Full Baths	1 Bath
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	943 sqft Living Area
Gross Area	1,998 sqft
1st Floor Area	245 sqft
Basement Area	943 sqft
Flooring	Wood
Interior Walls	Plaster

Exterior

Year Built	Built 1878
Effective Year Built	Effective 1878
Architectural Style	A-Frame
Exterior Material	Wood
Construction Type	Frame
Roof Material	Other
Lot Area	12,016 sqft (0.276 acres)
Garage Area	336 sqft
Parking Spaces	2 Parking Spaces
Porch	Enclosed Frame Porch
Porch Area	308 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Street Address	406 E WALNUT ST
City	TOLONO
State	IL
Zip	61880-9100
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT PT 3 BLOCK 64 LARMONS, JUDGE, ADD
Legal Range	08E
Legal Township	18N
Legal Section	25
Legal Subdivision	LARMONS, JUDGE, ADD
Legal Block	64
Legal Lot Number	3
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	TOLONO
Census Block Group	6
Census Block	6015
Census Tract	10901

Owner

Source: Champaign County records · APN 29-26-25-154-011

Assessment roll updated April 29, 2026 · Last verified May 2026

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

Owner of Record	2 Individual Names on File
Mailing Address	406 E WALNUT ST, TOLONO, IL 61880-9100
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants in Common

Deeds, Mortgages & Sale History

Date	Document
Dec 13, 2022	Warranty Deed, Transfer · Conventional Mortgage BUSEY BANK
May 23, 2017	Warranty Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Dec 13, 2022 · Amount on Record
Deed Sale	Dec 13, 2022 · Amount on Record
Prior Sale	May 23, 2017 · Amount on Record
Deed Document Number	202221683
Record Updated	Jun 08, 2026

December 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Dec 13, 2022
Property Address	406 E WALNUT ST, TOLONO, IL 61880-9100
Document Number	0000021683
Map Reference	DD 22 PG 212
Instrument Date	Dec 12, 2022
Instrument	2022R21683
Transaction Type	Transfer
Record Updated	Dec 21, 2022
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$180.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	406 E WALNUT ST, TOLONO, IL 61880-9100

Mortgage

Document Number	0000021684
Date	Dec 13, 2022
Instrument	2022R21684

Lender

Name	BUSEY BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 01, 2053

Interest

Rate Type	Adjustable Rate
Rate	6%
Adjustable	Adjustable Rate Rider
Type Change Date	Jan 01, 2030
Change Frequency	6 Months
Min Rate At Change	2.75%
Max Rate At Change	11%
Index	Other
Max Rate	11%

May 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	May 23, 2017
Property Address	406 E WALNUT ST, TOLONO, IL 61880-9100
Document Number	0000008990
Instrument Date	May 16, 2017
Instrument	8990
Transaction Type	Transfer
Record Updated	Jun 08, 2017
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$137.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	406 E WALNUT ST TOLONO IL 618809100, TOLONO, IL 61880-9100

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Champaign County
County Subdivision	Tolono Township
Municipality	Tolono Village
Unified School District	Tolono Community Unit School District 7 (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$43,940 (+25.26%) Land $11,600 Building $32,340	$131,820 (+25.26%) Land $34,800 Building $97,020
2024	$2,172.00 (+14.26%)
2022	$1,901.00 Homeowner's exemption	$35,080 Land $9,260 Building $25,820	$105,240 Land $27,780 Building $77,460

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Champaign County (17019C), updated July 14, 2021 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Low above 1% of the US · above 6% of Illinois
Wildfire Likelihood	Less than 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 307 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Pavlov Media	Fiber	1,000 / 1,000
Mediacom Communications	Cable	1,000 / 50
Verizon	Fixed Wireless	300 / 20
T-Mobile USA	Fixed Wireless	100 / 20

May also be available at this address: AMG Technology Investment Group, MFWireless, Mediacom Communications, Benton Ridge Telephone Company, Xfinity. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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