242 Stephenson Ln, Springfield, IL 62707 Property Records

Sangamon County property record for 242 Stephenson Ln, Springfield, IL 62707 · Last verified June 2026

Property Highlights

Property TypeResidential > Single Family > Home
Lot Size5,663 sqft (0.13 acres)
OccupancyOwner Occupied
Last Sale$250,000 (2023)
Tax Bill$2,422.00 (2025)

Property Details

APN / Parcel Number

Primary APN15-27.0-478-048
Alternative APN
  • 15270478048 (CHECK DIGIT = 0)

Exterior

Lot Area5,663 sqft (0.13 acres)

Location & Zoning

Account Number15270478048
Street Address242 STEPHENSON LN
CitySPRINGFIELD
StateIL
Zip62707-6437
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionTRACT 9 OF S PT E1/2 SE1/4 EX NO 50' 27-16-4
Legal Range04
Legal Township16
Legal Section27
Legal Tract9
JurisdictionSANGAMON IL
Minor Civil DivisionCLEAR LAKE
Census Blockgroup4
Census Block4114
Census Tract3802

Owner

Source: Sangamon County records · APN 15-27.0-478-048

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 RecordIndividual Name on File
Mailing Address242 STEPHENSON LN, SPRINGFIELD, IL 62707-6437
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Jun 14, 2023Warranty Deed, Transfer · Conventional Mortgage
HEARTLAND BANK & TRUST CO
Nov 20, 2018Deed of Trust, Mortgage · Conventional Mortgage
JP MORGAN CHASE BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJun 14, 2023 · Amount on Record
Deed SaleJun 14, 2023 · Amount on Record
Deed Doc Number202310163
Record RefreshedSep 20, 2026

June 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSANGAMON IL
Recording DateJun 14, 2023
Property Address242 STEPHENSON LN, SPRINGFIELD, IL 62707-6437
Document Number2023R10163
Map ReferenceVL 126 PG 298
Instrument DateJun 09, 2023
Instrument2023R10163
Transaction TypeTransfer
Record UpdatedJul 12, 2023

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$375.00
Amount AccuracyCalculated from Tax
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenant/Joint Tenant w/ Right Of Survivorship
Address242 STEPHENSON LN, SPRINGFIELD, IL 62707-6437

Mortgage

Document Number2023R10164
DateJun 14, 2023
Instrument2023R10164
Lender
NameHEARTLAND BANK & TRUST CO
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJul 01, 2053
Interest
Rate TypeFixed Rate
Rate6.88%

November 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANGAMON IL
Property Address242 STEPHENSON LN, SPRINGFIELD, IL 62707-6437
Transaction TypeMortgage
Record UpdatedDec 05, 2018

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2018R24326
DateNov 20, 2018
Instrument2018R24326
Lender
NameJP MORGAN CHASE BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueNov 01, 2048
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountySangamon County
County SubdivisionClear Lake Township
Unified School DistrictRochester Community Unit School District 3A (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$2,422.00 (+34.93%)$48,387 (+31.67%) Land $6,113 Building $42,274$145,161 (+31.67%) Land $18,339 Building $126,822
2022$1,795.00 Homeowner's exemption Senior Citizen's exemption$36,750 Land $4,941 Building $31,809$110,250 Land $14,823 Building $95,427

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