240 Stephenson Ln, Springfield, IL 62707 Property Records

Sangamon County property record for 240 Stephenson Ln, Springfield, IL 62707

Property Summary

Property Type	Single Family Home
Lot Size	0.164 acres (7,148 sqft)
Owner	Individual Name on File
Last Sale	$195,000 (Jan 2024)
Tax Bill	$3,605 (2025)
Deeds & Mortgages	Jan 2024 Sale & Mortgage Jan 2017 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`15-27.0-478-056`

Property Details

APN / Parcel Number

Primary APN	`15-27.0-478-056`
Alternative APN	`15270478056 (CHECK DIGIT = 1)`

Exterior

Lot Area	7,148 sqft (0.164 acres)

Location & Zoning

Account Number	15270478056
Street Address	240 STEPHENSON LN
City	SPRINGFIELD
State	IL
Zip	62707-6437
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	A
Legal Description	TRACT 8 & N 50' TRACT 9 OF S PT E1/2 SE1/4 27-16-4
Legal Range	04
Legal Township	16
Legal Section	27
Legal Tract	8
Jurisdiction	SANGAMON IL
Township / Civil Division	CLEAR LAKE
Census Block Group	4
Census Block	4114
Census Tract	3802

Owner

Source: Sangamon County records · APN 15-27.0-478-056

Assessment roll updated June 2, 2026 · Last verified June 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	240 STEPHENSON LN, SPRINGFIELD, IL 62707-6437
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Unmarried

Deeds, Mortgages & Sale History

Date	Document
Jan 12, 2024	Warranty Deed, Transfer · VA Mortgage MORTGAGE RESEARCH CENTER LLC
Jan 20, 2017	Deed of Trust, Mortgage · Stand-Alone First Mortgage ROCHESTER STATE BANK
Mar 14, 2023	Warranty Deed, Transfer · Commercial Mortgage PRAIRIE STATE BANK & TRUST

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 12, 2024 · Amount on Record
Deed Sale	Jan 12, 2024 · Amount on Record
Prior Sale	Mar 14, 2023 · Amount on Record
Deed Document Number	2024755
Record Updated	Sep 20, 2026

January 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SANGAMON IL
Recording Date	Jan 12, 2024
Property Address	240 STEPHENSON LN, SPRINGFIELD, IL 62707-6437
Document Number	2024R00755
Map Reference	VL 126 PG 298
Instrument Date	Jan 10, 2024
Instrument	2024R00755
Transaction Type	Transfer
Record Updated	Jan 31, 2024

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$292.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	240 STEPHENSON LN, SPRINGFIELD, IL 62707-6437

Mortgage

Document Number	2024R00756
Date	Jan 12, 2024
Instrument	2024R00756

Lender

Name	MORTGAGE RESEARCH CENTER LLC
Type	Mortgage Company

Agreement

Type	VA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Feb 01, 2054

Interest

Rate Type	Fixed Rate
Rate	7.13%

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANGAMON IL
Property Address	240 STEPHENSON LN, SPRINGFIELD, IL 62707-6437
Transaction Type	Mortgage
Record Updated	Jun 01, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2017R01570
Date	Jan 20, 2017
Instrument	2017R01570

Lender

Name	ROCHESTER STATE BANK
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	72 Months
Due	Dec 19, 2023

Interest

Rate Type	Fixed Rate
Rate	3.75%

March 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SANGAMON IL
Recording Date	Mar 14, 2023
Property Address	240 STEPHENSON LN, SPRINGFIELD, IL 62707-6437
Document Number	2023R04045
Map Reference	VL 126 PG 298
Instrument Date	Mar 13, 2023
Instrument	2023R04045
Transaction Type	Transfer
Record Updated	Jun 01, 2023

Transaction

Amount	Amount Recorded
Tax	$120.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 171, PETERSBURG, IL 62675-0171
Investor	Possibly a Property Investor

Mortgage

Document Number	2023R04046
Date	Mar 14, 2023
Instrument	2023R04046

Lender

Name	PRAIRIE STATE BANK & TRUST
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	108 Months
Due	Dec 13, 2023

Tax Assessment & Valuation

Source: Sangamon County records · Assessment roll updated June 2, 2026 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Sangamon County
County Subdivision	Clear Lake Township
Unified School District	Rochester Community Unit School District 3A (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,605.00 (+102.3%)	$55,644 (+52.2%) Land $7,554 Building $48,090	$166,932 (+52.2%) Land $22,662 Building $144,270
2022	$1,782.00 Homeowner's exemption Senior Citizen's exemption	$36,559 Land $6,108 Building $30,451	$109,677 Land $18,324 Building $91,353

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of May 4, 2016 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	7 in force
Nearby Flood Claims	14 (1982–2015)
Most Recent Claim	Dec 2015 · river or lake flooding
Claims by Event	Severe Storms And Flooding, May 1996 · 5 claims

Wildfire

Wildfire Risk	Low lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
Mediacom Communications Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20

May also be available: AMG Technology Investment Group, JAB Wireless.

Based on FCC filings for 90 locations within half a mile of this property.

Cell Coverage

5G (outdoors only) and 4G LTE

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