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500 E Locust St, Tolono, IL 61880 Property Records

Champaign County property record for 500 E Locust St, Tolono, IL 61880 · Last verified June 2026

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 1,497 sqft · built 1960
Lot Size0.267 acres (11,632 sqft)
OwnerIndividual Name on File
Last Sale$175,000 (May 2026)
Tax Bill$3,284 (2025)
Deeds & MortgagesMay 2026 Sale
Nov 2023 Transfer
+ 1 more
Flood ZoneZone X (minimal risk)
APN29-26-25-152-011

Property Details

APN / Parcel Number

Primary APN29-26-25-152-011

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms5 Rooms
Stories1 Story
Building Area1,497 sqft Living Area
Gross Area3,282 sqft
1st Floor Area1,497 sqft
Basement Area1,497 sqft
FlooringWood
Interior WallsPlaster

Exterior

Year BuiltBuilt 1960
Effective Year BuiltEffective 1960
Architectural StyleA-Frame
Exterior MaterialWood
Construction TypeFrame
Foundation TypeNo Foundation
Roof MaterialOther
Lot Area11,632 sqft (0.267 acres)
Garage TypeAttached
Garage Area288 sqft
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Street Address500 E LOCUST ST
CityTOLONO
StateIL
Zip61880-9453
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 2 BLOCK 63 LARMONS, JUDGE, ADD
Legal Range08E
Legal Township18N
Legal Section25
Legal SubdivisionLARMONS, JUDGE, ADD
Legal Block63
Legal Lot Number2
JurisdictionCHAMPAIGN IL
Township / Civil DivisionTOLONO
Census Block Group3
Census Block3002
Census Tract10901

Owner

Source: Champaign County records · APN 29-26-25-152-011

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

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

Owner of RecordIndividual Name on File
Mailing Address500 E LOCUST ST, TOLONO, IL 61880-9453
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
May 29, 2026Warranty Deed, Transfer
NONE LISTED ON DOCUMENT
Nov 15, 2023Intrafamily Transfer, Transfer
ATTORNEY ONLY, ATTORNEY
Dec 06, 2019Deed of Trust, Mortgage · Line of Credit
BUSEY BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 29, 2026 · Amount on Record
Deed SaleMay 29, 2026 · Amount on Record
Prior SaleSep 19, 2024 · Amount on Record
Deed Document Number20268015
Prior Transfer DateDec 28, 2011
Prior Transfer Doc0000000146
Record UpdatedSep 20, 2026

May 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCHAMPAIGN IL
Recording DateMay 29, 2026
Property Address500 E LOCUST ST, TOLONO, IL 61880-9453
Document Number0000008015
Instrument DateMay 06, 2026
Instrument20268015
Transaction TypeTransfer
Record UpdatedJun 16, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount Recorded
Tax$26,512.50
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address500 E LOCUST ST, TOLONO, IL 61880-9453

November 2023: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionCHAMPAIGN IL
Recording DateNov 15, 2023
Property Address500 E LOCUST ST, TOLONO, IL 61880-9453
Document Number0000016308
Instrument DateNov 14, 2023
Instrument2023R16308
Transaction TypeTransfer
Record UpdatedNov 23, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common
Address500 E LOCUST 411 WEST UNIVERSITY, CHAMPAIGN, IL 61820

December 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address500 E LOCUST ST, TOLONO, IL 61880-9453
Transaction TypeMortgage
Record UpdatedFeb 05, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000020579
DateDec 06, 2019
Instrument2019R20579
Lender
NameBUSEY BANK
TypeBank
AddressCHAMPAIGN, IL 61820
Agreement
TypeLine of Credit
AmountAmount Recorded
Term240 Months
DueDec 10, 2039
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionTolono Township
MunicipalityTolono Village
Unified School DistrictTolono 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.

YearTax BillAssessed ValueAssessed Market Value
2025$3,284.00 (-6.81%)$60,820 (+25.27%) Land $14,520 Building $46,300$182,460 (+25.27%) Land $43,560 Building $138,900
2024$3,524.00 (+121.08%)
2022$1,594.00 Homeowner's exemption Senior Citizen's exemption$48,550 Land $11,590 Building $36,960$145,650 Land $34,770 Building $110,880

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 ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

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