505 3rd St, Colona, IL 61241 Property Records

Henry County property record for 505 3rd St, Colona, IL 61241

Property Summary

Property Type	Single Family Home
Details	2 bd · 1 ba · 1,024 sqft · built 1959
Lot Size	0.39 acres (16,988 sqft)
Owner	Individual Name on Record
Last Sale	$116,000 (Nov 2021)
Tax Bill	$3,459 (2025)
Deeds & Mortgages	Nov 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`06-10-427-008`

Property Details

APN / Parcel Number

Primary APN	`06-10-427-008`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,024 sqft Living Area
1st Floor Area	1,024 sqft
Basement Area	1,024 sqft
Unfinished Basement	1,024 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1959
Effective Year Built	Effective 1959
Exterior Material	Other
Construction Type	Frame
Lot Area	16,988 sqft (0.39 acres)
Lot Dimensions	140 ft deep x 120 ft wide
Garage Area	528 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Heating System	Gas

Location & Zoning

Street Address	505 3RD ST
City	COLONA
State	IL
Zip	61241-9768
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 10 & 11 BLK 9 RYAN GARDENS CITY OF GREEN ROCK
Legal Subdivision	RYAN GARDENS
Legal Block	9
Legal Lot Number	10,11
Jurisdiction	HENRY IL
Township / Civil Division	COLONA
Census Block Group	3
Census Block	3012
Census Tract	30100

Owner

Source: Henry County records, as of June 19, 2026

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

Owner of Record	Individual Name on Record
Mailing Address	505 3RD ST, COLONA, IL 61241-9768
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 2, 2021 · Amount on Record
Deed Sale	Nov 2, 2021 · Amount on Record
Deed Document Number	202120-2107226
Record Updated	Sep 20, 2026

November 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENRY IL
Recording Date	Nov 2, 2021
Property Address	505 3RD ST, COLONA, IL 61241-9768
Document Number	0000007226
Instrument Date	Oct 19, 2021
Instrument	20-2107226
Transaction Type	Transfer
Record Updated	Nov 17, 2021
Title Company	GOMEZ TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$174.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	505 3RD ST, COLONA, IL 61241-9768

Mortgage

Document Number	0000007227
Date	Nov 2, 2021
Instrument	20-2107227

Lender

Name	IH MISSISSIPPI VALLEY CU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Nov 1, 2051

Interest

Rate Type	Fixed Rate
Rate	2.87%

Tax Assessment & Valuation

Source: Henry County assessment roll, as of June 19, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Henry County
County Subdivision	Colona Township
Municipality	Colona City
Elementary School District	Colona School District 190 (PK - 08)
Secondary School District	United Township High School District 30 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,459.00 (+5.78%) Homeowner's exemption	$43,765 (+5.7%) Land $7,263 Building $36,502	$131,295 (+5.7%) Land $21,789 Building $109,506
2024	$3,270.00 (+1,177.34%)	$41,405 (+18.69%) Land $6,871 Building $34,534	$124,215 (+18.69%) Land $20,613 Building $103,602
2022		$34,885 Land $5,789 Building $29,096	$104,655 Land $17,367 Building $87,288
2021	$256.00

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, effective June 2, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 20 policies
Nearby Flood Policies	20 in force
Nearby Flood Claims	13 (1979–2014)
Claims Outside the SFHA	2 of 13
Most Recent Claim	Jul 2014 · 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

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

Wildfire Risk	Low lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood	0.01% annual chance
Exposure	None 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 System	COLONA EAST serves 2,501 people · EPA ID IL0730400
Water Source	Groundwater
Last State Inspection	Feb 2025
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 444 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable	2,000 / 1,000
Verizon Fixed Wireless	300 / 20

May also be available: Geneseo Communications Services, Nextlink.

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