505 E Locust St, Tolono, IL 61880 Property Records

Champaign County property record for 505 E Locust St, Tolono, IL 61880 · Last verified May 2026

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 952 sqft · built 1952
Lot Size0.262 acres (11,401 sqft)
OwnerIndividual Name on File
Last Sale$215,000 (Aug 2021)
Tax Bill$3,343 (2024)
Deeds & MortgagesAug 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN29-26-25-155-005

Property Details

APN / Parcel Number

Primary APN29-26-25-155-005

Interior

Bedrooms2 Beds
Full Baths1 Bath
Total Rooms4 Rooms
Stories1 Story
Building Area952 sqft Living Area
Gross Area2,293 sqft
1st Floor Area952 sqft
Basement Area952 sqft
FlooringWood
Interior WallsPlaster
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1952
Effective Year BuiltEffective 1952
Architectural StyleA-Frame
Exterior MaterialWood
Construction TypeFrame
Foundation TypeNo Foundation
Roof MaterialOther
Lot Area11,401 sqft (0.262 acres)
Garage TypeAttached
Garage Area389 sqft
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Street Address505 E LOCUST ST
CityTOLONO
StateIL
Zip61880-9535
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT PT 2 BLOCK 67 LARMONS, JUDGE, ADD
Legal Range08E
Legal Township18N
Legal Section25
Legal SubdivisionLARMONS, JUDGE, ADD
Legal Block67
Legal Lot Number2
JurisdictionCHAMPAIGN IL
Township / Civil DivisionTOLONO
Census Block Group6
Census Block6016
Census Tract10901

Owner

Source: Champaign County records · APN 29-26-25-155-005

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 Address505 E LOCUST ST, TOLONO, IL 61880-9535
OccupancyOwner Occupied
Owner TypeIndividual
VestingJoint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleAug 03, 2021 · Amount on Record
Deed SaleAug 03, 2021 · Amount on Record
Prior SaleMay 28, 2009 · Amount on Record
Deed Document Number202118344
Record UpdatedJun 08, 2026

August 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCHAMPAIGN IL
Recording DateAug 03, 2021
Property Address505 E LOCUST ST, TOLONO, IL 61880-9535
Document Number0000018344
Map ReferenceDD 22 PG 212
Instrument DateJul 28, 2021
Instrument2021R18344
Transaction TypeTransfer
Record UpdatedAug 11, 2021

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$215.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address505 E LOCUST ST, TOLONO, IL 61880-9535

Mortgage

Document Number0000018345
DateAug 03, 2021
Instrument2021R18345
Lender
NameINB NATIONAL ASSOCIATION
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueAug 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$64,180 (+25.28%) Land $10,570 Building $53,610$192,540 (+25.28%) Land $31,710 Building $160,830
2024$3,343.00 (+63.23%)
2022$2,048.00 Homeowner's exemption Additional exemption filed$51,230 Land $8,440 Building $42,790$153,690 Land $25,320 Building $128,370

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
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 307 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
Pavlov MediaFiber1,000 / 1,000
Mediacom CommunicationsCable1,000 / 50
VerizonFixed Wireless300 / 20
T-Mobile USAFixed Wireless100 / 20

May also be available at this address: AMG Technology Investment Group, MFWireless, Mediacom Communications, Benton Ridge Telephone Company, Xfinity. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

Nearby Properties on E Locust St

Nearby Streets

Search Property Records by Address or Parcel Number