505 Morrison Ave, Waterloo, IL 62298 Property Records

Monroe County property record for 505 Morrison Ave, Waterloo, IL 62298 · Last verified July 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	3 Baths
Year Built	Built 1930
Square Footage	1,199 sqft Building Perimeter
Lot Size	7,910 sqft (0.18 acres)
Garage	528 sqft
Occupancy	Owner Occupied
Tax Bill	$3,844.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`07-25-435-010-000`
Alternative APN	`07251640301000 00`

Interior

Bedrooms	3 Beds
Full Baths	3 Baths
Plumbing Fixtures	8 Plumbing Fixtures
Building Area	1,199 sqft Building Perimeter
1st Floor	959 sqft 1st Floor
Upper Floors	240 sqft Upper Floors
Basement Area	1,199 sqft Basement
Unfinished Basement	1,199 sqft Unfinished
Stories	1 Stories

Exterior

Year Built	Built 1930
Effective Year Built	Effective 1930
Exterior Material	Brick/Stone (Brick and/or Stone) Exterior
Construction Type	Masonry/Concrete Masonry Units (CMUs) Construction
Lot Area	7,910 sqft (0.18 acres)
Depth X Width	155 ft x 50 ft Depth x Width
Parking Spaces	2 Parking Spaces
Garage Area	528 sqft Garage
Porch Area	231 sqft Porch

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Street Address	505 MORRISON AVE
City	WATERLOO
State	IL
Zip	62298-1719
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LOT 4 PART ROSE & OMELVENEYS ADDN DEMINT & HARDYS
Legal Range	10W
Legal Township	02S
Legal Section	25
Legal Subdivision	ROSE & OMELVENEYS ADD
Legal Lot Number	4
Jurisdiction	MONROE IL
Minor Civil Division	19
Census Blockgroup	1
Census Block	1054
Census Tract	600401

Owner

Source: Monroe County records · APN 07-25-435-010-000

Assessment roll updated August 29, 2025 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	505 MORRISON AVE, WATERLOO, IL 62298-1719
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Record Refreshed	Sep 20, 2026

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONROE IL
Property Address	505 MORRISON AVE, WATERLOO, IL 62298-1719
Transaction Type	Mortgage
Record Updated	Feb 05, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000413192
Date	Dec 08, 2020
Instrument	413192

Lender

Name	FIRST NATIONAL BANK WATERLOO
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Monroe County records · Assessment roll updated August 29, 2025 · Last verified July 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Monroe County
Municipality	Waterloo City
Unified School District	Waterloo Community Unit School District 5 (PK - 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		$73,200 (+17.67%) Land $16,090 Building $57,110	$219,600 (+17.67%) Land $48,270 Building $171,330
2024	$3,844.00
2022	Additional exemption filed	$62,210 Land $14,980 Building $47,230	$186,630 Land $44,940 Building $141,690

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Monroe County (17133C), updated August 18, 2025 · 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.