504 E Walnut St, Tolono, IL 61880 Property Records

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

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	1.5 Baths
Year Built	Built 1957
Square Footage	1,270 sqft Living Area
Lot Size	20,359 sqft (0.467 acres)
Occupancy	Owner Occupied
Last Sale	$124,500 (2004)
Tax Bill	$3,264.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`29-26-25-155-020`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Partial Baths	1 Partial Baths
Total Rooms	6 Rooms
Building Area	1,270 sqft Living Area
Gross Area	2,060 sqft Gross Area
1st Floor	790 sqft 1st Floor
Attic Area	480 sqft Attic
Attic	1 Attic
Basement Area	790 sqft Basement
Stories	1 Stories
Primary Flooring	Wood Flooring
Interior Structure	Plaster Interior Structure
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1957
Effective Year Built	Effective 1957
Architectural Style	A-Frame Style
Exterior Material	Wood Exterior
Construction Type	Frame Construction
Foundation Type	No Foundation Foundation
Roof Material	Other (not Classified) Roof
Lot Area	20,359 sqft (0.467 acres)
Deck Area	Deck Area
Porch Area	228 sqft Porch

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating
Sewage	Sewage Connected
Water Source	Yes (Unknown Type) Water Source

Location & Zoning

Street Address	504 E WALNUT ST
City	TOLONO
State	IL
Zip	61880-9452
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LOT PT 3 BLOCK 67 LARMONS, JUDGE, ADD
Legal Range	08E
Legal Township	18N
Legal Section	25
Legal Subdivision	LARMONS, JUDGE, ADD
Legal Block	67
Legal Lot Number	3
Jurisdiction	CHAMPAIGN IL
Minor Civil Division	TOLONO
Census Blockgroup	6
Census Block	6016
Census Tract	10901

Owner

Source: Champaign County records · APN 29-26-25-155-020

Assessment roll updated April 29, 2026 · Last verified June 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	504 E WALNUT ST, TOLONO, IL 61880-9452
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	Aug 27, 2004 · Amount on Record
Deed Sale	Aug 27, 2004 · Amount on Record
Deed Doc Number	200427766
Record Refreshed	Sep 20, 2026

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	504 E WALNUT ST, TOLONO, IL 61880-9452
Transaction Type	Mortgage
Record Updated	Feb 05, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000025933
Date	Dec 09, 2020
Instrument	2020R25933

Lender

Name	FIRST FSB OF CHAMPAIGN URBANA
Type	Bank
Address	CHAMPAIGN, IL 61820

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	180 Months
Due	Nov 30, 2035

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly (Revolving credit lines are monthly unless stated otherwise).
Min Rate At Change	4.5%
Max Rate	18%

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified June 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		$68,230 (+25.26%) Land $14,520 Building $53,710	$204,690 (+25.26%) Land $43,560 Building $161,130
2024	$3,264.00 (+15.01%)
2022	$2,838.00 Homeowner's exemption Senior Citizen's exemption	$54,470 Land $11,590 Building $42,880	$163,410 Land $34,770 Building $128,640

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	Low above 1% of the US · above 6% of Illinois
Wildfire Likelihood	Less than 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

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