Champaign County property record for 506 E Walnut St, Tolono, IL 61880 · Last verified May 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Bedrooms | 3 Beds |
| Bathrooms | 1.5 Baths |
| Year Built | Built 1957 |
| Square Footage | 1,296 sqft Living Area |
| Lot Size | 20,358 sqft (0.467 acres) |
| Garage | Attached, 484 sqft |
| Occupancy | Owner Occupied |
| Tax Bill | $3,440.00 (2024) |
| Primary APN | 29-26-25-155-009 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 1.5 Baths |
| Partial Baths | 1 Partial Baths |
| Total Rooms | 5 Rooms |
| Building Area | 1,296 sqft Living Area |
| Gross Area | 3,244 sqft Gross Area |
| 1st Floor | 1,296 sqft 1st Floor |
| Basement Area | 1,296 sqft Basement |
| Stories | 1 Stories |
| Primary Flooring | Wood Flooring |
| Interior Structure | Plaster Interior Structure |
| Fireplace | Fireplace |
| Fireplaces | 1 Fireplaces |
| Year Built | Built 1957 |
|---|---|
| Effective Year Built | Effective 1957 |
| Architectural Style | A-Frame Style |
| Exterior Material | Wood Exterior |
| Construction Type | Frame Construction |
| Roof Material | Other (not Classified) Roof |
| Lot Area | 20,358 sqft (0.467 acres) |
| Parking Spaces | 2 Parking Spaces |
| Garage Type | Attached Garage |
| Garage Area | 484 sqft Garage |
| Porch Area | 300 sqft Porch |
| Cooling System | Central Cooling |
|---|---|
| Heating System | Central Heating |
| Street Address | 506 E WALNUT ST |
|---|---|
| City | TOLONO |
| State | IL |
| Zip | 61880-9452 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Description | LOT PT 4 BLOCK 67 LARMONS, JUDGE, ADD |
| Legal Range | 08E |
| Legal Township | 18N |
| Legal Section | 25 |
| Legal Subdivision | LARMONS, JUDGE, ADD |
| Legal Block | 67 |
| Legal Lot Number | 4 |
| Jurisdiction | CHAMPAIGN IL |
| Minor Civil Division | TOLONO |
| Census Blockgroup | 6 |
| Census Block | 6016 |
| Census Tract | 10901 |
Source: Champaign County records · APN 29-26-25-155-009
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 WALNUT ST, TOLONO, IL 61880-9452 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Deed Names | Verified Name on Deed |
|---|---|
| Record Refreshed | Jun 08, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CHAMPAIGN IL |
| Property Address | 506 E WALNUT ST, TOLONO, IL 61880-9452 |
| Transaction Type | Mortgage |
| Record Updated | Oct 05, 2023 |
| Name | Verified Name |
|---|
| Document Number | 0000013925 |
|---|---|
| Date | Sep 27, 2023 |
| Instrument | 2023R13925 |
| Name | BUSEY BANK |
|---|---|
| Type | Bank |
| Address | CHAMPAIGN, IL 61820 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 240 Months |
| Due | Sep 13, 2043 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly (Revolving credit lines are monthly unless stated otherwise). |
Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 2026
| 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) |
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 | $71,260 (+25.26%) Land $14,520 Building $56,740 | $213,780 (+25.26%) Land $43,560 Building $170,220 | |
| 2024 | $3,440.00 (+14.82%) | ||
| 2022 | $2,996.00 Homeowner's exemption Senior Citizen's exemption | $56,890 Land $11,590 Building $45,300 | $170,670 Land $34,770 Building $135,900 |
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
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Low above 1% of the US · above 6% of Illinois |
|---|---|
| Wildfire Likelihood | Less than 1 in 10,000 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; lenders make the official flood determination.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures