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Single Family ResidentialResidential
$115,000$116 / 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 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $120,000 on Jul 16, 2026

506 E RICHARDSON ST

FARMER CITY, IL 61842
2
Beds
1
Baths
992 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.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1879
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$115K
$102K low$128K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$120,000 · Jul 16, 2026
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$7,000
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$5,600
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.87%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$108,000
HICKORY POINT BANK AND TRUST FSB · 6.48% 2 · recorded Jul 16, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,223 (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.$34,365 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$7,824
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$26,541
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$23,589
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$103,105

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyDE WITT
Lot (acres)The size of the land the home sits on, from county records.0.21
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

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
Blue Ridge High SchoolD
High · Grades 9–12 · 0.5 mi
E
Ruth M Schneider Elementary SchoolB-
Elementary · Grades PK–3 · 0.5 mi
M
Blue Ridge Intermediate-Jr High SchoolC-
Middle · Grades 4–8 · 7.6 mi

District: Blue Ridge Community Unit School District 18

Neighborhood · ZIP 61842These 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.114
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.84
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.40

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.1%
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.3,048
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.31 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,058
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$91,011
Average tempThe average temperature here across a full year.52°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.59%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

506 E Richardson 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.

  • Worth less than 76% of homes in Farmer City 61842
  • Smaller than 78% of homes in Farmer City 61842
  • Has a smaller lot than 71% of homes in Farmer City 61842
  • Among the oldest homes in De Witt County

What homes are worth in Farmer City 61842

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

This home
$54K$501K

This home is worth more than 24% of homes in Farmer City 61842.

How it measures up in Farmer City 61842

The dot is this home. The mark in the middle is the typical home in Farmer City 61842.

Estimated value$115,000
CheaperTypical $169,213Pricier

Pricier than 24% of homes nearby

Price per ft²$116
CheaperTypical $118Pricier

Pricier than 49% of homes nearby

Living area992 ft²
SmallerTypical 1,340 ft²Bigger

Bigger than 22% of homes nearby

Lot size0.21 ac
SmallerTypical 0.33 acBigger

Bigger than 29% of homes nearby

Year built1879
OlderTypical 1952Newer

Newer than 4% of homes nearby

How 506 E Richardson St ranks against every home in each area.
MeasureThis homeFarmer City 61842De Witt County
Estimated valuepricier than$115,00024% of homes40% of homes
Price per ft²pricier than$11649% of homes57% of homes
Living areabigger than992 ft²22% of homes23% of homes
Lot sizebigger than0.21 ac29% of homes36% of homes
Year builtnewer than18794% of homesalmost no homes

About 506 E Richardson St

How much is 506 E Richardson St, Farmer City, IL worth?

The TopHap Estimate for 506 E Richardson St, Farmer City, IL is $115,000 as of Jul 14, 2026. The likely range is $102,266 to $127,734. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 506 E Richardson St, Farmer City, IL last sell?

506 E Richardson St, Farmer City, IL last sold on Jul 16, 2026 for $120,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 506 E Richardson St, Farmer City, IL?

506 E Richardson St, Farmer City, IL has 2 bedrooms, 1 bathrooms, 992 square feet of living space and a 0.21-acre lot.

When was 506 E Richardson St, Farmer City, IL built?

506 E Richardson St, Farmer City, IL was built in 1879, making it 147 years old. The building has 1 story.

What schools serve 506 E Richardson St, Farmer City, IL?

506 E Richardson St, Farmer City, IL is assigned to Blue Ridge High School (high), rated D; Ruth M Schneider Elementary School (elementary), rated B-; Blue Ridge Intermediate-Jr High School (middle), rated C-. All sit in Blue Ridge Community Unit School District 18. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 E Richardson St, Farmer City, IL compare to other homes in Farmer City 61842?

Among the 1,112 homes in Farmer City 61842, it is worth more than 24% of them ($115,000 against a typical $169,213), its price per square foot is higher than 49% of them ($116 against a typical $118), it is bigger than 22% of them (992 ft² against a typical 1,340 ft²), its lot is bigger than 29% of them (0.21 ac against a typical 0.33 ac) and it is newer than 4% of them (1879 against a typical 1952). Measured against all of De Witt County, it is worth more than 40% 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 506 E Richardson St, Farmer City, IL?

The 2025 property tax bill for 506 E Richardson St, Farmer City, IL was $3,223. The county assessed it at $34,365.

Closest homes

More homes in Farmer City 61842

Assigned schools

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