Richland County property record for 506 E Monroe St, Olney, IL 62450 · Last verified July 2026
| Property Type | Single Family Home |
|---|---|
| Lot Size | 0.138 acres (6,021 sqft) |
| Owner | Individual Name on File |
| Tax Bill | $882 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 11-03-406-022 |
| Primary APN | 11-03-406-022 |
|---|
| Lot Area | 6,021 sqft (0.138 acres) |
|---|
| Street Address | 506 E MONROE ST |
|---|---|
| City | OLNEY |
| State | IL |
| Zip | 62450-2934 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | PLAT/BLOCK/LOT / / LOT 22 MARGARET PORTERS 1ST ADDN |
| Legal Subdivision | PORTERS ADDN |
| Legal Lot Number | 22 |
| Jurisdiction | RICHLAND IL |
| Township / Civil Division | OLNEY |
| Census Block Group | 1 |
| Census Block | 1051 |
| Census Tract | 978200 |
Source: Richland County records · APN 11-03-406-022
Assessment roll updated July 7, 2026 · Last verified July 2026
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| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 1406 E ELM ST, OLNEY, IL 62450-3235 |
| Owner Type | Individual |
| Deed Names | Verified Name on Deed |
|---|---|
| Record Updated | Sep 20, 2026 |
Source: Richland County records · Assessment roll updated July 7, 2026 · Last verified July 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Richland County |
| County Subdivision | Olney Township |
| Municipality | Olney City |
| Unified School District | Richland County Community Unit School District 1 (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $882.00 (-23.9%) | $17,862 (+23.64%) Land $3,769 Building $14,093 | $53,586 (+23.64%) Land $11,307 Building $42,279 |
| 2022 | $1,159.00 | $14,447 Land $3,049 Building $11,398 | $43,341 Land $9,147 Building $34,194 |
Source: FEMA National Flood Hazard Layer, Richland County (17159C), updated July 20, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 171599782001, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Special Flood Hazard Area | No |
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Flood Insurance Cost | Premium on Record median of 1 individual NFIP policies nearby |
| Nearby Flood Policies | 1 in force 1 of 1 on primary residences |
| 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; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
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