503 E Main St, Tolono, IL 61880 Property Records

Champaign County property record for 503 E Main St, Tolono, IL 61880 · Last verified May 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	1 Baths
Year Built	Built 1951
Square Footage	1,304 sqft Living Area
Lot Size	35,835 sqft (0.823 acres)
Occupancy	Owner Occupied
Last Sale	$131,000 (2021)
Tax Bill	$2,748.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`29-26-25-312-007`

Interior

Bedrooms	3 Beds
Full Baths	1 Baths
Total Rooms	6 Rooms
Building Area	1,304 sqft Living Area
Gross Area	2,488 sqft Gross Area
1st Floor	1,304 sqft 1st Floor
Basement Area	1,312 sqft Basement
Stories	1 Stories
Primary Flooring	Tile Flooring
Interior Structure	Paneling Interior Structure

Exterior

Year Built	Built 1951
Effective Year Built	Effective 1951
Architectural Style	A-Frame Style
Exterior Material	Wood Exterior
Construction Type	Frame Construction
Roof Material	Other (not Classified) Roof
Lot Area	35,835 sqft (0.823 acres)
Parking Spaces	7 Parking Spaces
Garage Type	Attached Garage
Garage Area	1,040 sqft Garage
Patio Area	144 sqft Patio
Porch	Enclosed Porch
Porch Area	200 sqft Porch

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Street Address	503 E MAIN ST
City	TOLONO
State	IL
Zip	61880-9702
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LOTS PT 2, PT 3, PT 4, PT 5 BLOCK 21 LARMON AND MARSHALLS ADD
Legal Range	08E
Legal Township	18N
Legal Section	25
Legal Subdivision	LARMON AND MARSHALLS ADD
Legal Block	21
Legal Lot Number	5
Jurisdiction	CHAMPAIGN IL
Minor Civil Division	TOLONO
Census Blockgroup	3
Census Block	3009
Census Tract	10901

Owner

Source: Champaign County records · APN 29-26-25-312-007

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	Individual Name on File
Mailing Address	503 E MAIN ST, TOLONO, IL 61880-9702
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 15, 2021 · Amount on Record
Deed Sale	Jan 15, 2021 · Amount on Record
Deed Doc Number	20211133
Record Refreshed	Jun 08, 2026

January 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Jan 15, 2021
Property Address	503 E MAIN ST, TOLONO, IL 61880-9702
Document Number	0000001133
Map Reference	DD P
Instrument Date	Dec 29, 2020
Instrument	2021R01133
Transaction Type	Transfer
Record Updated	Nov 22, 2022
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$131.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	503 E MAIN ST, TOLONO, IL 61880-9702

Mortgage

Document Number	0000001134
Date	Jan 15, 2021
Instrument	2021R01134

Lender

Name	UNION HOME MORTGAGE CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Feb 01, 2051

Interest

Rate Type	Fixed Rate
Rate	2.75%

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		$53,790 (+25.27%) Land $12,460 Building $41,330	$161,370 (+25.27%) Land $37,380 Building $123,990
2024	$2,748.00 (+13.6%)
2022	$2,419.00 Homeowner's exemption	$42,940 Land $9,950 Building $32,990	$128,820 Land $29,850 Building $98,970

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
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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