506 E Main St, Tolono, IL 61880 Property Records

Champaign County property record for 506 E Main St, Tolono, IL 61880 · Last verified May 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bathrooms	1.5 Baths
Year Built	Built 1979
Square Footage	1,680 sqft Living Area
Lot Size	25,800 sqft (0.592 acres)
Garage	Attached, 1,653 sqft
Occupancy	Owner Occupied
Last Sale	$262,000 (2021)
Tax Bill	$5,092.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`29-26-25-305-011`

Interior

Full Baths	1.5 Baths
Partial Baths	1 Partial Baths
Building Area	1,680 sqft Living Area
Gross Area	4,243 sqft Gross Area
1st Floor	280 sqft 1st Floor
Basement Area	910 sqft Basement
Stories	1 Stories
Primary Flooring	Wood Flooring
Interior Structure	Plaster Interior Structure
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1979
Effective Year Built	Effective 1979
Architectural Style	A-Frame Style
Exterior Material	Wood Exterior
Construction Type	Frame Construction
Roof Material	Other (not Classified) Roof
Lot Area	25,800 sqft (0.592 acres)
Parking Spaces	9 Parking Spaces
Garage Type	Attached Garage
Garage Area	1,653 sqft Garage

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Street Address	506 E MAIN ST
City	TOLONO
State	IL
Zip	61880-9702
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LOTS PT 11, PT 12, PT 13, PT 14, PT 15 BLOCK 11 LARMON AND MARSHALLS ADD AND OTHER LAND
Legal Range	08E
Legal Township	18N
Legal Section	25
Legal Subdivision	LARMON AND MARSHALLS ADD
Legal Block	11
Legal Lot Number	15
Jurisdiction	CHAMPAIGN IL
Minor Civil Division	TOLONO
Census Blockgroup	6
Census Block	6018
Census Tract	10901

Owner

Source: Champaign County records · APN 29-26-25-305-011

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 Record	Individual Name on File
Mailing Address	506 E MAIN ST, TOLONO, IL 61880-9702
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	Dec 06, 2021 · Amount on Record
Deed Sale	Dec 06, 2021 · Amount on Record
Prior Sale	Sep 23, 2013 · Amount on Record
Deed Doc Number	202128434
Prior Transfer Date	Aug 19, 2021
Prior Transfer Doc	0000020152
Record Refreshed	Jun 08, 2026

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Dec 06, 2021
Property Address	506 E MAIN ST, TOLONO, IL 61880-9702
Document Number	0000028434
Instrument Date	Dec 03, 2021
Instrument	2021R28434
Transaction Type	Transfer
Record Updated	Dec 13, 2021
Title Company	ALLIED CAPITAL TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$262.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenant By Entirety
Address	506 E MAIN ST, TOLONO, IL 61880-9702

Mortgage

Document Number	0000028435
Date	Dec 06, 2021
Instrument	2021R28435

Lender

Name	FLAT BRANCH HOME LOANS INC
Type	Mortgage Company

Agreement

Type	Federal Housing Administration (FHA) Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 01, 2052

Interest

Rate Type	Fixed Rate
Rate	3.37%

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 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		$94,330 (+25.27%) Land $9,070 Building $85,260	$282,990 (+25.27%) Land $27,210 Building $255,780
2024	$5,092.00 (+12.48%)
2022	$4,527.00 Homeowner's exemption	$75,300 Land $7,240 Building $68,060	$225,900 Land $21,720 Building $204,180

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	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.