1500 N 550th Ave, Payson, IL 62360 Property Records

Adams County property record for 1500 N 550th Ave, Payson, IL 62360 · Last verified May 2026

Property Highlights

Property Type	Residential > Single Family > Home
Lot Size	221,285 sqft (5.08 acres)
Occupancy	Owner Occupied
Tax Bill	$1,947.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`180003900100`

Exterior

Lot Area	221,285 sqft (5.08 acres)

Location & Zoning

Street Address	1500 N 550TH AVE
City	PAYSON
State	IL
Zip	62360-2211
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	SW SEC 04 3S7W BEG NE COR E 373FT S 620 W 373 N TO POB PT NW SW SEC 4
Legal Range	07W
Legal Township	03S
Legal Section	04
Jurisdiction	ADAMS IL
Minor Civil Division	PAYSON
Census Blockgroup	3
Census Block	3000
Census Tract	10302

Owner

Source: Adams County records · APN 180003900100

Assessment roll updated May 4, 2026 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	1500 N 550TH AVE, PAYSON, IL 62360-2211
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Record Refreshed	Jun 08, 2026

April 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ADAMS IL
Property Address	1500 N 550TH AVE, PAYSON, IL 62360-2211
Transaction Type	Mortgage
Record Updated	Apr 26, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2023R01836
Date	Apr 05, 2023
Instrument	2023R-01836

Lender

Name	STATE STREET BANK & TRUST CO
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	144 Months
Due	Mar 30, 2035

Interest

Rate Type	Adjustable Rate
Rate	8%

Tax Assessment & Valuation

Source: Adams County records · Assessment roll updated May 4, 2026 · Last verified May 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Adams County
County Subdivision	Payson Township
Unified School District	Payson Community Unit School District 1 (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$44,770 (+22.02%) Land $6,170 Building $38,600	$134,310 (+22.02%) Land $18,510 Building $115,800
2024	$1,947.00 (+29.45%)
2022		$36,690 Land $5,060 Building $31,630	$110,070 Land $15,180 Building $94,890
2021	$1,504.00