502 S Franklin St, Litchfield, IL 62056 Property Records

Montgomery County property record for 502 S Franklin St, Litchfield, IL 62056

Property Summary

Property TypeSingle Family Home
Details676 sqft · built 1940
Lot Size0.174 acres (7,587 sqft)
OwnerIndividual Name on Record
Last Sale$35,000 (Dec 2020)
Tax Bill$727 (2025)
Deeds & MortgagesDec 2020 Sale & Mortgage
Dec 2020 Mortgage
APN15-04-211-001

Property Details

APN / Parcel Number

Primary APN15-04-211-001
Alternative APN
  • 16-001-834-00

Interior

Building Area676 sqft Living Area

Exterior

Year BuiltBuilt 1940
Effective Year BuiltEffective 1940
Lot Area7,587 sqft (0.174 acres)

Location & Zoning

Street Address502 S FRANKLIN ST
CityLITCHFIELD
StateIL
Zip62056-2330
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 7 BLK 3 TYLER 2ND ADD 8-5-1834 S T00 R
Legal SubdivisionTYLER 2ND ADD
Legal Block3
Legal Lot Number7
JurisdictionMONTGOMERY IL
Township / Civil DivisionSOUTH LITCHFIELD
Census Block Group2
Census Block2003
Census Tract957800

Owner

Source: Montgomery County records, as of July 21, 2026

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

Owner of RecordIndividual Name on Record
Mailing Address502 S FRANKLIN ST, LITCHFIELD, IL 62056-2330
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Dec 3, 2020Warranty Deed, Transfer · Conventional Mortgage
LITCHFIELD NATIONAL BANK
Dec 3, 2020Deed, Transfer · Conventional Mortgage
LITCHFIELD NATIONAL BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 3, 2020 · Amount on Record
Deed SaleDec 3, 2020 · Amount on Record
Deed Document Number20204495
Deed Book / Page1739 / 434
Record UpdatedSep 20, 2026

December 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMONTGOMERY IL
Recording DateDec 3, 2020
Property Address502 S FRANKLIN ST, LITCHFIELD, IL 62056-2330
Document Number1739/434
Book / Page1739 / 434
Instrument DateNov 25, 2020
Instrument202004495
Transaction TypeTransfer
Record UpdatedJul 26, 2021
Title CompanyCOMMUNITY TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$52.50
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 S FRANKLIN ST, LITCHFIELD, IL 62056-2330

Mortgage

Document Number001739/447
DateDec 3, 2020
Book Page1739/447
Instrument202004497
Lender
NameLITCHFIELD NATIONAL BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term240 Months
DueDec 1, 2040
Interest
Rate TypeFixed Rate

December 2020: Deed, Transfer

Document TypeDeed
JurisdictionMONTGOMERY IL
Recording DateDec 3, 2020
Property Address502 S FRANKLIN ST, LITCHFIELD, IL 62056-2330
Document Number1739/443
Book / Page1739 / 443
Instrument DateNov 24, 2020
Instrument202004496
Transaction TypeTransfer
Record UpdatedJul 26, 2021
Title CompanyCOMMUNITY TITLE

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 S FRANKLIN ST, LITCHFIELD, IL 62056-2330

Mortgage

Document Number1739/447
DateDec 3, 2020
Book Page1739/447
Instrument202004497
Lender
NameLITCHFIELD NATIONAL BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term240 Months
DueDec 1, 2040
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Montgomery County assessment roll, as of July 21, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyMontgomery County
County SubdivisionSouth Litchfield Township
MunicipalityLitchfield City
Unified School DistrictLitchfield Community Unit School District 12 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$727.00 (+40.08%)$14,270 (+23.23%) Land $2,360 Building $11,910$42,810 (+23.23%) Land $7,080 Building $35,730
2022$519.00 Homeowner's exemption$11,580 Land $1,920 Building $9,660$34,740 Land $5,760 Building $28,980

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.

Flood

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

FEMA Flood ZoneNot on file
Nearby Flood Policies1 in force

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 RiskLow
lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond 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 SystemLITCHFIELD
serves 6,648 people · EPA ID IL1350400
Water SourceSurface water
Last State InspectionDec 2024
LeadUnder 1 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Dec 2025
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting6
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 375 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Computer Techniques
Fiber
2,000 / 2,000
Sparklight
Cable
1,000 / 50
Nextlink
Fixed Wireless
500 / 100
Fidium Fiber
DSL · Fiber in parts of the area
500 / 75
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

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