502 3rd St, Lincoln, IL 62656 Property Records

Logan County property record for 502 3rd St, Lincoln, IL 62656

Property Summary

Property TypeSingle Family Home
Details540 sqft · built 1977
Lot Size0.201 acres (8,775 sqft)
OwnerIndividual Name on File
Last Sale$35,000 (Apr 2006)
Tax Bill$2,428 (2025)
Deeds & MortgagesApr 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN12-355-153-00

Property Details

APN / Parcel Number

Primary APN12-355-153-00

Interior

Building Area540 sqft Building Perimeter

Exterior

Year BuiltBuilt 1977
Effective Year BuiltEffective 1977
Lot Area8,775 sqft (0.201 acres)

Location & Zoning

Street Address502 3RD ST
CityLINCOLN
StateIL
Zip62656-2582
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Description12-1483 E 58 1/2 FT OF LOT 153 LINCOLN HILL ADDN TO LINCOLN
Legal SubdivisionLINCOLN HILL ADD
Legal Lot Number153
JurisdictionLOGAN IL
Township / Civil DivisionWEST LINCOLN
Census Block Group2
Census Block2040
Census Tract953300

Owner

502 3rd St is owned and occupied by an individual who bought it in April 2006.

Source: Logan County records, as of May 19, 2026

Owner of RecordIndividual Name on File
Mailing Address502 3RD ST, LINCOLN, IL 62656-2582
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 20, 2006 · Amount on File
Deed SaleApr 20, 2006 · Amount on File
Deed Document Number200642107
Record UpdatedJun 8, 2026

April 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLOGAN IL
Property Address502 3RD ST, LINCOLN, IL 62656-2582
Transaction TypeMortgage
Record UpdatedMay 19, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2021114146
DateApr 28, 2021
Instrument2021114146
Lender
NameHUD
TypeGovernment Agency
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term120 Months
DueMay 1, 2031
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 502 3rd St was $2,428 with a homeowner's exemption.

Source: Logan County assessment roll, as of April 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyLogan County
County SubdivisionWest Lincoln Township
MunicipalityLincoln City
Elementary School DistrictLincoln Elementary School District 27 (PK - 08)
Secondary School DistrictLincoln Community High School District 404 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,428.00$33,510 Land $6,870 Building $26,640$100,530 Land $20,610 Building $79,920
2023$29,270 (+7.26%) Land $6,000 Building $23,270$87,810 (+7.26%) Land $18,000 Building $69,810
2022$2,070.00 Homeowner's exemption$27,290 Land $5,590 Building $21,700$81,870 Land $16,770 Building $65,100

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

Flood

FEMA maps place 502 3rd St in Zone X, an area of minimal flood risk, though there have been 8 flood claims nearby since 1979.

Source: FEMA National Flood Hazard Layer, effective April 16, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims8 (1979–1982)
Claims Outside the SFHA3 of 8
Most Recent ClaimDec 1982 · rainfall accumulation

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

The area around 502 3rd St has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot rated
no burnable land within ember reach

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

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemIL AMERICAN-LINCOLN
private · serves 15,200 people · EPA ID IL1075030
Water SourceGroundwater influenced by surface water
Last State InspectionSep 2023
LeadUnder 1 ppb (2025)
action level 15 ppb
Copper1.62 mg/L (2021–2023)
action level 1.3 mg/L

Violations Reported to EPA

Water QualityTurbidity
resolved · Mar 2024
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 563 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
i3 Broadband
Fiber
8,000 / 8,000
Xfinity
Cable
2,000 / 250
Nextlink
Fixed Wireless
500 / 100
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: Watch TV.

Nearby Properties on 3rd St

Nearby Streets

Search Property Records by Address or Parcel Number