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Single Family ResidentialResidential
$165,027$120 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $90,500 on Apr 16, 2015

505 OLIVE ST

VARNA, IL 61375
0
Baths
1,376 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.29 ac
Lot SizeThe size of the land the home sits on, from county records.
1967
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$165K
$152K low$178K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$90,500 · Apr 16, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,098 (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.$49,291 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,795
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$46,496
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$46,545
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$147,873

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMARSHALL
Lot (acres)The size of the land the home sits on, from county records.0.29
ConstructionThe main material the home's frame and walls are built from.Brick
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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.

H
Midland High SchoolC-
High · Grades 9–12 · 3.5 mi
E
Midland Elementary SchoolB
Elementary · Grades PK–4 · 9.5 mi
M
Midland Middle SchoolB-
Middle · Grades 5–8 · 12.4 mi

District: Midland Community Unit School District 7

Neighborhood · ZIP 61375These 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.135
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

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.82%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.859
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.17 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$77,736
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,984
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data 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

505 Olive 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.

  • Costs less per square foot than 72% of homes in Varna 61375
  • Bigger than 77% of homes in Varna 61375
  • Has a smaller lot than 84% of homes in Varna 61375
  • Older than 69% of homes in Varna 61375

What homes are worth in Varna 61375

Each bar is how many homes fall in that price range. The marker is this home.

This home
$46K$606K

This home is worth more than 37% of homes in Varna 61375.

How it measures up in Varna 61375

The dot is this home. The mark in the middle is the typical home in Varna 61375.

Estimated value$165,027
CheaperTypical $211,406Pricier

Pricier than 37% of homes nearby

Price per ft²$120
CheaperTypical $177Pricier

Pricier than 28% of homes nearby

Living area1,376 ft²
SmallerTypical 1,120 ft²Bigger

Bigger than 77% of homes nearby

Lot size0.29 ac
SmallerTypical 0.43 acBigger

Bigger than 16% of homes nearby

Year built1967
OlderTypical 1976Newer

Newer than 31% of homes nearby

How 505 Olive St ranks against every home in each area.
MeasureThis homeVarna 61375Marshall County
Estimated valuepricier than$165,02737% of homes63% of homes
Price per ft²pricier than$12028% of homes55% of homes
Living areabigger than1,376 ft²77% of homes73% of homes
Lot sizebigger than0.29 ac16% of homes37% of homes
Year builtnewer than196731% of homes63% of homes

About 505 Olive St

How much is 505 Olive St, Varna, IL worth?

The TopHap Estimate for 505 Olive St, Varna, IL is $165,027 as of Aug 30, 2026. The likely range is $151,918 to $178,136. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Olive St, Varna, IL last sell?

505 Olive St, Varna, IL last sold on Apr 16, 2015 for $90,500, according to the county's recorded deed.

How big is 505 Olive St, Varna, IL?

505 Olive St, Varna, IL has 1,376 square feet of living space and a 0.29-acre lot.

When was 505 Olive St, Varna, IL built?

505 Olive St, Varna, IL was built in 1967, making it 59 years old. The building has 1 story.

What schools serve 505 Olive St, Varna, IL?

505 Olive St, Varna, IL is assigned to Midland High School (high), rated C-; Midland Elementary School (elementary), rated B; Midland Middle School (middle), rated B-. All sit in Midland Community Unit School District 7. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Olive St, Varna, IL compare to other homes in Varna 61375?

Among the 793 homes in Varna 61375, it is worth more than 37% of them ($165,027 against a typical $211,406), its price per square foot is higher than 28% of them ($120 against a typical $177), it is bigger than 77% of them (1,376 ft² against a typical 1,120 ft²), its lot is bigger than 16% of them (0.29 ac against a typical 0.43 ac) and it is newer than 31% of them (1967 against a typical 1976). Measured against all of Marshall County, it is worth more than 63% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 Olive St, Varna, IL?

The 2025 property tax bill for 505 Olive St, Varna, IL was $3,098. The county assessed it at $49,291.

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Assigned schools

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