506 E Melbourne Ave, Peoria, IL 61603 Property Records

Peoria County property record for 506 E Melbourne Ave, Peoria, IL 61603

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,310 sqft · built 1930
Lot Size	0.218 acres (9,583 sqft)
Owner	Individual Name on File
Last Sale	$89,000 (Dec 2021)
Tax Bill	$2,332 (2025)
Deeds & Mortgages	Dec 2021 Sale & Mortgage Jul 2020 Loan Modification + 1 more
APN	`14-33-227-003`

Property Details

APN / Parcel Number

Primary APN	`14-33-227-003`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Plumbing Fixtures	5 Plumbing Fixtures
Stories	1 Story
Building Area	1,310 sqft Living Area
Gross Area	2,688 sqft
1st Floor Area	936 sqft
Attic	Attic
Attic Area	1,310 sqft
Basement Area	936 sqft
Game Room	Game Room
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1930
Effective Year Built	Effective 1930
Architectural Style	Bungalow
Exterior Material	Brick
Construction Type	Brick
Lot Area	9,583 sqft (0.218 acres)
Lot Width	86 ft Width
Garage Type	Detached
Garage Area	400 sqft
Porch	Porch
Porch Area	352 sqft

Utilities, Heating & Cooling

Cooling System	HVAC

Location & Zoning

Street Address	506 E MELBOURNE AVE
City	PEORIA
State	IL
Zip	61603-1829
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	FORREST PARK ADD NE 1/4 SEC 33-9N-8E BEG 75.04 E OF NW COR LOT 5: TH S TO S LN LOT 5 E 75.06 N TO N LN LOT 5 W 75.06 TO POB PT LOT 5
Legal Range	8E
Legal Township	9N
Legal Section	33
Legal Subdivision	FORREST PARK ADD
Legal Lot Number	5
Jurisdiction	PEORIA IL
Township / Civil Division	PEORIA CITY
Census Block Group	3
Census Block	3010
Census Tract	2400

Owner

506 E Melbourne Ave is owned and occupied by an individual who bought it in December 2021.

Source: Peoria County records, as of October 13, 2026

Owner of Record	Individual Name on File
Mailing Address	506 E MELBOURNE AVE, PEORIA, IL 61603-1829
Occupancy	Owner Occupied
Owner Type	Individual

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

Deeds, Mortgages & Sale History

Date	Document
Dec 22, 2021	Warranty Deed, Transfer · FHA Mortgage GUARANTEED RATE INC
Jul 17, 2020	Loan Modification, Mortgage M&T BK
Oct 25, 2018	Loan Modification, Mortgage M&T BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 22, 2021 · Amount on File
Deed Sale	Dec 22, 2021 · Amount on File
Prior Sale	Oct 25, 2018 · Amount on File
Deed Document Number	202128604
Record Updated	Oct 29, 2026

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	PEORIA IL
Recording Date	Dec 22, 2021
Property Address	506 E MELBOURNE AVE, PEORIA, IL 61603-1829
Document Number	0000028604
Map Reference	MB B-2 PG 124
Instrument Date	Nov 30, 2021
Instrument	2021028604
Transaction Type	Transfer
Record Updated	Dec 1, 2022
Title Company	ATTORNEY

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$89.00
Amount Accuracy	Full Amount Stated
Additional	Lis Pendens Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	506 E MELBOURNE AVE # E6, E6, PEORIA, IL 61603-1829

Mortgage

Document Number	0000028605
Date	Dec 22, 2021
Instrument	2021028605

Lender

Name	GUARANTEED RATE INC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jan 1, 2052

Interest

Rate Type	Fixed Rate
Rate	3.12%

Mortgage

Document Number	0000028606
Date	Dec 22, 2021
Instrument	2021028606

Lender

Name	ILLINOIS HOUSING DEVELOPMENT AUTHORITY
Type	Government Agency
Address	CHICAGO, IL 60601

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount on Record

July 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	PEORIA IL
Property Address	506 E MELBOURNE AVE, PEORIA, IL 61603-1829
Document Number	0000020394
Instrument Date	Jul 17, 2020
Transaction Type	Mortgage
Record Updated	Nov 9, 2020
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	506 E MELBOURNE AVE PEORIA IL 616031829, PEORIA, IL 61603-1829

Mortgage

Document Number	0000020394
Date	Oct 19, 2020
Instrument	20394

Lender

Name	M&T BK
Type	Bank
Address	GETZVILLE, NY 14068

Agreement

Amount	Amount on Record
Term	480 Months
Due	Oct 18, 2060

Interest

Rate	3.75%

October 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	PEORIA IL
Property Address	506 E MELBOURNE AVE, PEORIA, IL 61603-1829
Document Number	0000021846
Instrument Date	Oct 25, 2018
Transaction Type	Mortgage
Record Updated	Dec 11, 2018
Title Company	TITLE 365

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	506 E MELBOURNE AVE PEORIA IL 616031829, PEORIA, IL 61603-1829

Mortgage

Document Number	0000021846
Date	Nov 26, 2018
Instrument	21846

Lender

Name	M&T BK
Type	Bank
Address	GETZVILLE, NY 14068

Agreement

Amount	Amount on Record
Term	480 Months
Due	Nov 25, 2058

Interest

Rate Type	Fixed Rate
Rate	4.62%

Tax Assessment & Valuation

The 2025 property tax bill for 506 E Melbourne Ave was $2,332.

Source: Peoria County assessment roll, as of May 28, 2025

Property Jurisdictions

Type	Name
State	Illinois
County	Peoria County
County Subdivision	Peoria City Township
Municipality	Peoria City
Unified School District	Peoria School District 150 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,332.00
2024		$29,740 Land $3,610 Building $26,130	$89,220 Land $10,830 Building $78,390

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

FEMA has no flood map on file for 506 E Melbourne Ave.

Source: FEMA National Flood Hazard Layer

FEMA Flood Zone	Not on file

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

Wildfire

The area around 506 E Melbourne Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within 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	IL AMERICAN-PEORIA private · serves 137,575 people · EPA ID IL1435030
Water Source	Surface water
Last State Inspection	Jun 2024
Lead	11 ppb (2026) 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 641 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
i3 Broadband Fiber	8,000 / 8,000
Xfinity Cable	2,000 / 250

May also be available: T-Mobile, Verizon.

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