Residential - Vacant LandResidential
503 W ELM ST
OLNEY, IL 62450
0
Baths
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
Tax & Assessment
Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$108 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,456 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,456
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,374
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$4,368
Property Facts
Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential - Vacant Land
CountyRICHLAND
Lot (acres)The size of the land the home sits on, from county records.0.13
PoolWhether the property has a pool, and what kind, such as in-ground.No
Transaction History(3)
Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.
HME
Richland County High SchoolC
High · Grades 9–12 · 1.1 mi
Richland County Middle SchoolB
Middle · Grades 6–8 · 1.5 mi
Richland County Elementary SchoolB
Elementary · Grades PK–5 · 1.9 mi
District: Richland Community Unit School District 1
Neighborhood · ZIP 62450These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.
CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.125
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.174
Index scale: 100 = US average (tick). Lower is better.
Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.11,601
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.77 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,329
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$73,339
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.44 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%
Owner Tools
Do you own this home?
Claim this homeData by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.
How this home compares
503 W Elm St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.
- Has a smaller lot than 93% of homes in Richland County
How it measures up in Olney 62450
The dot is this home. The mark in the middle is the typical home in Olney 62450.
Lot size0.13 ac
SmallerTypical 0.3 acBigger
Bigger than 9% of homes nearby
| Measure | This home | Olney 62450 | Richland County |
|---|---|---|---|
| Lot sizebigger than | 0.13 ac | 9% of homes | 7% of homes |
About 503 W Elm St
When did 503 W Elm St, Olney, IL last sell?
503 W Elm St, Olney, IL last sold on Jul 10, 2008, according to the county's recorded deed.
What schools serve 503 W Elm St, Olney, IL?
503 W Elm St, Olney, IL is assigned to Richland County High School (high), rated C; Richland County Middle School (middle), rated B; Richland County Elementary School (elementary), rated B. All sit in Richland Community Unit School District 1. Attendance boundaries change — confirm with the district before relying on an assignment.
What are the property taxes on 503 W Elm St, Olney, IL?
The 2025 property tax bill for 503 W Elm St, Olney, IL was $108. The county assessed it at $1,456.
More homes on W Elm St
- 803 W Elm St$75K0.22 ac · Sold Jan 2016
- 912 W Elm St$71K0.27 ac · Sold Oct 2013
- 532 W Elm St$106K0.45 ac · Sold Aug 2012
- 342 W Elm St$68K0.16 ac · Sold Apr 2012
- 402 W Elm St0.13 ac · Sold $350 · Dec 2011
- 343 W Elm St$47K0.18 ac · Sold Dec 2011
- 632 W Elm St$59K0.21 ac · Sold Aug 2011
- 617 W Elm St$45K0.18 ac · Sold Mar 2011
- 335 W Elm St$108K0.25 ac · Sold Nov 2009
- 321 W Elm St0.26 ac · Sold Nov 2009
- 930 W Elm St$45K0.14 ac · Sold Oct 2009
- 410 W Elm St$72K0.22 ac · Sold Aug 2009
Closest homes
- 507 W Elm St68 ft · 0.23 ac · Sold Jan 1900
- 515 W Elm St$29K125 ft · 0.22 ac · Sold $15K · Jun 2009
- 433 W Elm St$48K125 ft · 0.23 ac · Sold Jan 1900
- 502 W Elm St190 ft · 0.23 ac · Sold Jan 1900
- 502 W Cherry St$48K211 ft · 0.22 ac · Sold Jan 1900
- 514 W Cherry St$31K220 ft · 0.23 ac · Sold $30K · Feb 2017
- 521 W Elm St$48K183 ft · 0.23 ac · Sold Jan 1900
- 430 W Elm St$74K208 ft · 0.21 ac · Sold Sep 2006
More homes in Olney 62450
- 6074 E Cleaver Ln$303K5 ac · Sold Apr 2017
- 4884 N Watergate Rd$171K0.51 ac · Sold Apr 2017
- 707 N Walnut St1.07 ac · Sold Feb 2017
- 607 E Monroe St$57K0.14 ac · Sold Feb 2017
- 303 E South Ave$57K0.15 ac · Sold $15K · Feb 2017
- 514 W Cherry St$31K0.23 ac · Sold $30K · Feb 2017
- 1115 Keiffer Dr$193K0.28 ac · Sold Jan 2017
- 302 Larch Dr$133K0.87 ac · Sold Jan 2017
- 903 Bradley Dr$141K0.23 ac · Sold $79K · Feb 2016
- 2151 N Midway Rd$261K0.3 ac · Sold $15K · Feb 2016
- 2148 N Midway Rd$286K1 ac · Sold $15K · Feb 2016
- 1307 Hunley Dr$140K0.24 ac · Sold $85K · Feb 2016
Assigned schools
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