506 Magnolia St

1,588 Sq. Ft.
$113 / Sq. Ft.
1,588
Sq. Ft.
$113
per Sq. Ft.

Description

Welcome home to 506 Magnolia Street in Payson, IL — a beautifully renovated 3-bedroom, 2-bath ranch with a full basement offering modern comfort and timeless charm. This home has been thoughtfully updated, featuring new flooring, paint, light fixtures, and an updated kitchen complete with new appliances. Both bathrooms have been tastefully redone, and the home offers ample built-in storage throughout. The lower level features a newly finished family or recreation room and a full bath, perfect for...Welcome home to 506 Magnolia Street in Payson, IL — a beautifully renovated 3-bedroom, 2-bath ranch with a full basement offering modern comfort and timeless charm. This home has been thoughtfully updated, featuring new flooring, paint, light fixtures, and an updated kitchen complete with new appliances. Both bathrooms have been tastefully redone, and the home offers ample built-in storage throughout. The lower level features a newly finished family or recreation room and a full bath, perfect for extra living space or entertaining. The exterior shines with new shutters and a freshly stained deck — simply move in and enjoy!
  1. Listed by Jacquelyn Weisenburger • Happel, Inc., REALTORS

Property Details for 506 Magnolia Street

Architectural Style
Ranch
Subdivision Name
None
LISTING UPDATED: 01/07/2026 09:16 AM

Property Details for 506 Magnolia Street

StatusPending Continue To Show
MLS #CA1040510
Days on Market39
Taxes$2,891 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence / Detached Single
Year Built1976
Lot Size0.31 AC / 13,503 SF
CountyAdams County

Location

Listing Courtesy of Happel, Inc., REALTORS
Add your commute

Building Information for 506 Magnolia Street

Stories-Year Built1976Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$1,118 per month

30 year fixed, 6.15% Interest

Principal and Interest

$877

Property Taxes

$241

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 506 Magnolia Street

Summary
Location and General Information
  • City: Payson
  • County Or Parish: Adams
  • Directions: Hwy 96 to Bittersweet, East on Magnolia to 506.
  • Latitude: 39.816211
  • Longitude: -91.234245
  • MLSArea Minor: Other
  • Postal Code: 62360
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 18-0-0699-067-00
  • Tax Annual Amount: $2,891
  • Tax Legal Description: LOT 12 BLK 2 BRIARWOOD SUB SECOND ADDN LOT 12
  • Tax Year: 2024
School Information
  • High School: Payson Seymoure School District
Parking
  • Parking Features: Detached
  • Garage: true
Property
Lot Information
  • Building Area Total: 1059.0
  • Living Area: 1588.0
  • Lot Features: Level
  • Lot Size Acres: 0.31
  • Lot Size Dimensions: 80x170
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Concrete Perimeter, Poured Concrete
  • New Construction: No
  • Year Built: 1976
Utilities
  • Sewer: Sewer-Public
  • Water Source: Public, Public Sewer
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Frame, Aluminum Siding
Interior Features
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Finished, Full, Unfinished
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Fireplaces Total: 0
  • Heating: Natural Gas, Forced Air, Gas Water Heater
  • Other Equipment: Water Heater-Gas
  • Operating Recording Device: None
Room Information
Room 1
  • Number Full Baths: 1
  • Number Half Baths: 0
  • Room Area: 1059.0
  • Room Area Units: Feet.Inches
  • Room Type: Main Level
Room 2
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Upper Level
Room 3
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Lower Level
Room 4
  • Number Full Baths: 1
  • Number Half Baths: 0
  • Room Area: 529.0
  • Room Area Units: Feet.Inches
  • Room Type: Basement
Room 5
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Additional Level
Room 6
  • Egress Window: Yes
  • Flooring: Vinyl
  • Room Length: 12.0
  • Room Level: Main
  • Room Type: Bedroom 1
  • Room Width: 10.0
Room 7
  • Egress Window: Yes
  • Flooring: Vinyl
  • Room Length: 12.0
  • Room Level: Main
  • Room Type: Bedroom 2
  • Room Width: 9.0
Room 8
  • Egress Window: Yes
  • Flooring: Vinyl
  • Room Length: 9.0
  • Room Level: Main
  • Room Type: Bedroom 3
  • Room Width: 9.0
Room 9
  • Flooring: Vinyl
  • Room Length: 18.0
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 12.0
Room 10
  • Flooring: Vinyl
  • Room Length: 9.0
  • Room Level: Main
  • Room Type: Dining Room
  • Room Width: 10.0
Room 11
  • Flooring: Vinyl
  • Room Length: 8.0
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 9.0
Room 12
  • Room Length: 23.0
  • Room Level: Basement
  • Room Type: Recreation Room
  • Room Width: 23.0
Room 13
  • Room Length: 14.0
  • Room Level: Basement
  • Room Type: Laundry
  • Room Width: 7.0
Room 14
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Third Floor
Mobile Home
Mobile/Manufactured Home
  • Property Is Mobile Home: No

Property History for 506 Magnolia Street

DateEvent & SourcePriceAppreciation
Dec 21, 2025

Active Under Contract

RMLS ALLIANCE #CA1040510

Dec 17, 2025

Hold

MRED #1040510

Nov 12, 2025

Listed (Active)

MRED #1040510

$180,000
Nov 12, 2025

Listed (Active)

RMLS ALLIANCE #CA1040510

$180,000
Aug 15, 2025

Closed (Public Record)

Public Record #1910986627

$73,500

-0.6% / yr

Mar 10, 2016

Expired

MRED #12238943

$85,500
Mar 9, 2016

Hold

RMLS ALLIANCE #CA192772_1

$85,500
Mar 9, 2016

Expired

RMLS ALLIANCE #CA192772_1

$85,500
Sep 9, 2015

Listed (Active)

MRED #12238943

$87,500
Sep 9, 2015

Listed (Active)

RMLS ALLIANCE #CA192772_1

$87,500
Nov 22, 2011

Closed (Public Record)

Public Record #1112988190

$80,000
Nov 22, 2011

Closed

RMLS ALLIANCE #CA186892_1

$80,000
Nov 22, 2011

Closed

MRED #12229386

$80,000
Nov 21, 2011

Pending

RMLS ALLIANCE #CA186892_1

Jul 27, 2011

Listed (Active)

RMLS ALLIANCE #CA186892_1

$87,500
Jul 27, 2011

Listed (Active)

MRED #12229386

$87,500
DateEvent & SourcePrice
12/21/2025

Active Under Contract

RMLS ALLIANCE #CA1040510

12/17/2025

Hold

MRED #1040510

11/12/2025

Listed (Active)

MRED #1040510

$180,000
11/12/2025

Listed (Active)

RMLS ALLIANCE #CA1040510

$180,000
08/15/2025

Closed (Public Record)

Public Record #1910986627

$73,500

-0.6% / yr

03/10/2016

Expired

MRED #12238943

$85,500
03/09/2016

Hold

RMLS ALLIANCE #CA192772_1

$85,500
03/09/2016

Expired

RMLS ALLIANCE #CA192772_1

$85,500
09/09/2015

Listed (Active)

MRED #12238943

$87,500
09/09/2015

Listed (Active)

RMLS ALLIANCE #CA192772_1

$87,500
11/22/2011

Closed (Public Record)

Public Record #1112988190

$80,000
11/22/2011

Closed

RMLS ALLIANCE #CA186892_1

$80,000
11/22/2011

Closed

MRED #12229386

$80,000
11/21/2011

Pending

RMLS ALLIANCE #CA186892_1

07/27/2011

Listed (Active)

RMLS ALLIANCE #CA186892_1

$87,500
07/27/2011

Listed (Active)

MRED #12229386

$87,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 506 Magnolia Street

Taxable ValueLand$7,940Additions$42,360Total$50,300
Tax Record2024$2,891 ($241 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyADAMSAPN180069906700

Schools near 506 Magnolia Street

This home is within Payson Community Unit School District 1.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Seymour Elementary School
PublicPK to 6

Seymour High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Happel, Inc., REALTORS

Based on information submitted to the MLS GRID as of 01/07/2026 09:16 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.