Whether you are looking for a reliable starter home or a new addition to your investment portfolio, this charming home in Farmer City is ready for you! This 2 bed 1 bath home features a large living room that is perfect for relaxing or entertaining. The kitchen features plenty of cabinet space, and the seller is offering a credit towards a new oven and refrigerator. The furnace and a/c were both replaced in 2020 providing peace of mind for years to come. Around back you will find a deep 2-car garage that provides plenty of space for parking and projects. Situated near interstate access between Champaign-Urbana and Bloomington-Normal, this home offers small-town charm with nearby city conveniences. Schedule your showing today!
Closed
$120,000
506 E Richardson St, Farmer City, IL 61842
2beds
1,045sqft
Single Family Residence
Built in 1879
9,147 Square Feet Lot
$120,500 Zestimate®
$115/sqft
$1,546 Estimated rent
Home value
$120,500
Estimated sales range
Not available
$1,546/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Mark Waldhoff, CRS,GRI (217)714-3603,
KELLER WILLIAMS-TREC,
Dakota Ruff 217-620-2767,
KELLER WILLIAMS-TREC
Bought with:
Scott Bechtel, GRI
KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID,MLS#: 12646294
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet)
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13X9
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Tile)
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16X10
Laundry
- Level: Main
- Area: 35 Square Feet
- Dimensions: 7X5
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 352 Square Feet
- Dimensions: 16X22
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Microwave, Dishwasher
- Laundry: Electric Dryer Hookup, Laundry Closet
Features
- Basement: Crawl Space
Interior area
- Total structure area: 1,045
- Total interior livable area: 1,045 sqft
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 9,147 Square Feet
- Dimensions: 75X120
Details
- Parcel number: 0528262005
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1879
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
HOA
- Services included: None
Location
- Region: Farmer City
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $70,767
- Annual tax amount: $2,239
- Date on market: 5/28/2026
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Sold | $120,000+4.3%$115/sqft |
Source:  MRED as distributed by MLS GRID #12646294 Report a problem | ||
| 6/2/2026 | Contingent | $115,000$110/sqft |
Source: MRED as distributed by MLS GRID #12646294 Report a problem | ||
| 5/28/2026 | Listed for sale | $115,000+9.5%$110/sqft |
Source: MRED as distributed by MLS GRID #12646294 Report a problem | ||
| 4/24/2025 | Sold | $105,000+90.9%$100/sqft |
Source: MRED as distributed by MLS GRID #12319747 Report a problem | ||
| 2/22/2013 | Sold | $55,000+175%$53/sqft |
Source: Public Record Report a problem | ||
| 5/28/2010 | Sold | $20,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,239 +9.1% | $23,589 +9.8% |
| 2023 | $2,052 +4.7% | $21,484 +6% |
| 2022 | $1,960 +3.8% | $20,268 +3% |
| 2021 | $1,888 -1.4% | $19,678 |
| 2020 | $1,915 +0.1% | $19,678 |
| 2019 | $1,914 +3.4% | $19,678 +2.4% |
| 2018 | $1,850 +0.4% | $19,217 +3% |
| 2017 | $1,843 | $18,666 +2% |
| 2016 | $1,843 +3.7% | $18,300 |
| 2015 | $1,777 | $18,300 |
| 2014 | $1,777 | $18,300 |
| 2013 | -- | $18,300 |
| 2012 | -- | $18,300 -18.4% |
| 2011 | -- | $22,435 |
| 2010 | -- | $22,435 |
Find assessor info on the county website
Neighborhood: 61842
Nearby homes
- $14,823-- bd1 ba870 sqft502 E Richardson St, Farmer City, IL 61842Off Market
- $184,400-- bd-- ba900 sqft510 E Richardson St, Farmer City, IL 61842Off Market
- $17,5001 bd-- ba944 sqft517 E Allen St, Farmer City, IL 61842Sold
- $14,343-- bd-- ba-- sqft500 E Richardson St, Farmer City, IL 61842Off Market
- $152,0004 bd1 ba2.2k sqft519 E Allen St, Farmer City, IL 61842For Sale
- $105,000-- bd1 ba1.1k sqft503 E Richardson St, Farmer City, IL 61842Sold
- $151,100-- bd-- ba1k sqft507 E Richardson St, Farmer City, IL 61842Off Market
- $14,343-- bd-- ba-- sqft507 E Richardson St, Farmer City, IL 61842Off Market
Nearby schools
GreatSchools rating
- 6/10Ruth M Schneider Elementary SchoolGrades: PK-3Distance: 0.5 mi
- 4/10Blue Ridge Intermediate-Jr High SchoolGrades: 4-8Distance: 7.6 mi
- 2/10Blue Ridge High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Schnieder
- Middle: Blue Ridge Junior High School
- High: Blue Ridge High School
- District: 18
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Dewitt County
- Farmer City
- 61842
- 506 E Richardson St
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