501 Morrison Ave, Waterloo, IL 62298 Property Records

Monroe County property record for 501 Morrison Ave, Waterloo, IL 62298 · Last verified July 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms4 Beds
Bathrooms4 Baths
Year BuiltBuilt 1927
Square Footage1,176 sqft Building Perimeter
Lot Size9,230 sqft (0.21 acres)
Garage560 sqft
OccupancyOwner Occupied
Tax Bill$3,791.00 (2024)

Property Details

APN / Parcel Number

Primary APN07-25-435-008-000
Alternative APN
  • 07251640301200 00

Interior

Bedrooms4 Beds
Full Baths4 Baths
Plumbing Fixtures10 Plumbing Fixtures
Building Area1,176 sqft Building Perimeter
1st Floor1,176 sqft 1st Floor
Stories1 Stories
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1927
Effective Year BuiltEffective 1927
Exterior MaterialBrick/Stone (Brick and/or Stone) Exterior
Construction TypeMasonry/Concrete Masonry Units (CMUs) Construction
Foundation TypeNo Foundation Foundation
Lot Area9,230 sqft (0.21 acres)
Depth X Width155 ft x 44 ft Depth x Width
Parking Spaces2 Parking Spaces
Garage Area560 sqft Garage

Exterior Amenities

Shed1 Shed
Shed Area192 sqft Shed
Patio Area428 sqft Patio
Porch Area532 sqft Porch

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemCentral Heating

Location & Zoning

Street Address501 MORRISON AVE
CityWATERLOO
StateIL
Zip62298-1719
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionLOT 1 PART ROSE & OMELVENEYS ADDN DEMINT & HARDYS
Legal Range10W
Legal Township02S
Legal Section25
Legal SubdivisionROSE & OMELVENEYS ADD
Legal Lot Number1
JurisdictionMONROE IL
Minor Civil Division19
Census Blockgroup1
Census Block1054
Census Tract600401

Owner

Source: Monroe County records · APN 07-25-435-008-000

Assessment roll updated August 29, 2025 · Last verified July 2026

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

Owner of Record2 Individual Names on File
Mailing Address501 MORRISON AVE, WATERLOO, IL 62298-1719
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingJoint Tenants

Deeds, Mortgages & Sale History

DateDocument
Apr 28, 2026Warranty Deed, Transfer · Line of Credit
FIRST NATIONAL BANK OF WATERLOO
Feb 17, 2021Intrafamily Transfer, Transfer
Nov 04, 2020Deed of Trust, Mortgage · Conventional Mortgage
FIRST NATIONAL BANK WATERLOO

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last Transfer DateFeb 11, 2021
Transfer Doc0000414961
Record RefreshedSep 20, 2026

April 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMONROE IL
Recording DateApr 28, 2026
Property Address501 MORRISON AVE, WATERLOO, IL 62298-1719
Document Number0000442310
Instrument DateApr 16, 2026
Instrument2026442310
Transaction TypeTransfer
Record UpdatedJul 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address501 MORRISON AVE, WATERLOO, IL 62298-1719

Mortgage

Document Number0000442311,
DateApr 28, 2026
Instrument2026442311
Lender
NameFIRST NATIONAL BANK OF WATERLOO
Agreement
TypeLine of Credit
AmountAmount Recorded
Term360 Months
Interest
Rate TypeAdjustable Rate
Rate6.11%
Initial TypeAdjustable Rate
AdjustableDocument includes a rider for adjustable-rate mortgage with a specific rate change date.
Max Rate-1%

February 2021: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionMONROE IL
Recording DateFeb 17, 2021
Property Address501 MORRISON AVE, WATERLOO, IL 62298-1719
Document Number0000414961
Map ReferenceMB A PG 205
Instrument DateFeb 11, 2021
Instrument414961
Transaction TypeTransfer
Record UpdatedApr 22, 2022

Transaction

Tax$0.00
Amount AccuracyZero or No Consideration Stated
Additional
  • Interfamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address501 MORRISON AVE, WATERLOO, IL 62298-1719

November 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMONROE IL
Property Address501 MORRISON AVE, WATERLOO, IL 62298-1719
Transaction TypeMortgage
Record UpdatedFeb 05, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000412162
DateNov 04, 2020
Instrument412162
Lender
NameFIRST NATIONAL BANK WATERLOO
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Monroe County records · Assessment roll updated August 29, 2025 · Last verified July 2026

Property Jurisdictions

TypeName
StateIllinois
CountyMonroe County
MunicipalityWaterloo City
Unified School DistrictWaterloo Community Unit School District 5 (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$77,250 (+2.94%) Land $16,340 Building $60,910$231,750 (+2.94%) Land $49,020 Building $182,730
2024$3,791.00$75,047 (+13.04%) Land $16,053 Building $58,994$225,141 (+13.04%) Land $48,159 Building $176,982
2022Additional exemption filed$66,390 Land $15,140 Building $51,250$199,170 Land $45,420 Building $153,750

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