509 Morrison Ave, Waterloo, IL 62298 Property Records

Monroe County property record for 509 Morrison Ave, Waterloo, IL 62298 · Last verified July 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	2 Beds
Bathrooms	3 Baths
Year Built	Built 1940
Square Footage	1,120 sqft Living Area
Lot Size	7,875 sqft (0.18 acres)
Occupancy	Owner Occupied
Last Sale	$142,000 (2020)
Tax Bill	$2,552.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`07-25-435-012-000`
Alternative APN	`07251640300800 00`

Interior

Bedrooms	2 Beds
Full Baths	3 Baths
Plumbing Fixtures	7 Plumbing Fixtures
Building Area	1,120 sqft Living Area
1st Floor	1,120 sqft 1st Floor
Basement Area	1,120 sqft Basement
Unfinished Basement	1,120 sqft Unfinished
Stories	1 Stories

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Construction Type	Frame Construction
Lot Area	7,875 sqft (0.18 acres)
Depth X Width	155 ft x 50 ft Depth x Width
Parking Spaces	1 Parking Spaces
Garage Area	336 sqft Garage
Porch Area	56 sqft Porch

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Street Address	509 MORRISON AVE
City	WATERLOO
State	IL
Zip	62298-1719
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LOT 6 PART ROSE & OMELVENEYS ADDN DEMINT & HARDYS
Legal Range	10W
Legal Township	02S
Legal Section	25
Legal Subdivision	ROSE & OMELVENEYS ADD
Legal Lot Number	6
Jurisdiction	MONROE IL
Minor Civil Division	19
Census Blockgroup	1
Census Block	1054
Census Tract	600401

Owner

Source: Monroe County records · APN 07-25-435-012-000

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	Individual Name on File
Mailing Address	509 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	Verified Name on Deed
Last Sale	Jul 27, 2020 · Amount on Record
Deed Sale	Jul 27, 2020 · Amount on Record
Record Refreshed	Sep 20, 2026

July 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MONROE IL
Recording Date	Jul 27, 2020
Property Address	509 MORRISON AVE, WATERLOO, IL 62298-1719
Document Number	0000409742
Instrument Date	Jul 24, 2020
Instrument	409742
Transaction Type	Transfer
Record Updated	Apr 22, 2022
Title Company	ACCENT TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$213.00
Amount Accuracy	Calculated from Tax
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	509 MORRISON AVE, WATERLOO, IL 62298-1719

Mortgage

Document Number	0000409743
Date	Jul 27, 2020
Instrument	409743

Lender

Name	STATE BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate
Rate	3%

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		$51,770 (+12.54%) Land $16,090 Building $35,680	$155,310 (+12.54%) Land $48,270 Building $107,040
2024	$2,552.00
2022	Additional exemption filed	$46,000 Land $14,980 Building $31,020	$138,000 Land $44,940 Building $93,060