504 E Locust St, Tolono, IL 61880 Property Records

Champaign County property record for 504 E Locust St, Tolono, IL 61880 · Last verified May 2026

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 75 sqft · built 1970
Lot Size0.256 acres (11,145 sqft)
OwnerIndividual Name on File
Last Sale$145,000 (Sep 2021)
Tax Bill$4,573 (2024)
Deeds & MortgagesSep 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN29-26-25-152-026

Property Details

APN / Parcel Number

Primary APN29-26-25-152-026

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms7 Rooms
Building Area75 sqft Living Area
Gross Area637 sqft Gross Area
1st Floor Area75 sqft 1st Floor
Basement Area75 sqft Basement
Stories1 Story
FlooringWood
Interior WallsPlaster

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1970
Exterior MaterialWood
Construction TypeBrick
Roof MaterialOther
Lot Area11,145 sqft (0.256 acres)
Parking Spaces2 Parking Spaces
Garage TypeAttached
Garage Area562 sqft Garage
Deck Area90 sqft Deck
PorchPorch
Porch Area90 sqft Porch

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Street Address504 E LOCUST ST
CityTOLONO
StateIL
Zip61880-9453
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 10 NORTHWOOD SUB
Legal Range08E
Legal Township18N
Legal Section25
Legal SubdivisionNORTHWOOD SUB
Legal Lot Number10
JurisdictionCHAMPAIGN IL
Township / Civil DivisionTOLONO
Census Block Group3
Census Block3002
Census Tract10901

Owner

Source: Champaign County records · APN 29-26-25-152-026

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 RecordIndividual Name on File
Mailing Address504 E LOCUST ST, TOLONO, IL 61880-9453
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleSep 22, 2021 · Amount on Record
Deed SaleSep 22, 2021 · Amount on Record
Deed Document Number202122638
Record UpdatedJun 08, 2026

September 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCHAMPAIGN IL
Recording DateSep 22, 2021
Property Address504 E LOCUST ST, TOLONO, IL 61880-9453
Document Number0000022638
Instrument DateSep 13, 2021
Instrument2021R22638
Transaction TypeTransfer
Record UpdatedOct 11, 2021
Title CompanyALLIED CAPITAL TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$145.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000022639
DateSep 22, 2021
Instrument2021R22639
Lender
NameGUARANTEED RATE INC
TypeMortgage Company
AddressCHICAGO, IL 60613
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term361 Months
DueOct 01, 2051

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 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$85,420 (+25.27%) Land $14,520 Building $70,900$256,260 (+25.27%) Land $43,560 Building $212,700
2024$4,573.00 (+12.61%)
2022$4,061.00 Homeowner's exemption$68,190 Land $11,590 Building $56,600$204,570 Land $34,770 Building $169,800

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 RiskLow
above 1% of the US · above 6% of Illinois
Wildfire LikelihoodLess than 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

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

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