2440 Co Rd 550 E, Dewey, IL 61840 Property Records

Champaign County property record for 2440 Co Rd 550 E, Dewey, IL 61840

Property Summary

Property Type	Single Family Home
Lot Size	20 acres (871,200 sqft)
Owner	Individual Name on Record
Last Sale	$275,000 (May 2019)
Tax Bill	$14,085 (2025)
Deeds & Mortgages	Mar 2023 Mortgage Dec 2021 Mortgage + 5 more
Flood Zone	Zone X (minimal risk)
APN	`16-07-36-400-011`

Property Details

APN / Parcel Number

Primary APN	`16-07-36-400-011`

Exterior

Lot Area	871,200 sqft (20 acres)

Location & Zoning

Street Address	2440 COUNTY ROAD 550 E
City	DEWEY
State	IL
Zip	61840-9725
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Range	07E
Legal Township	21N
Legal Section	36
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	NEWCOMB
Census Block Group	3
Census Block	3064
Census Tract	10500

Owner

Source: Champaign County records, as of July 20, 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 Record
Mailing Address	1412 ALYDAR DR, MAHOMET, IL 61853-3742
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Mar 16, 2023	Deed of Trust, Mortgage · Closed-End Mortgage FISHER NATIONAL BANK
Dec 7, 2021	Deed of Trust, Mortgage · Conventional Mortgage FISHER NATIONAL BANK
Dec 7, 2021	Deed of Trust, Mortgage · Closed-End Mortgage FISHER NATIONAL BANK
Dec 7, 2020	Deed of Trust, Mortgage · Line of Credit FISHER NATIONAL BANK
May 21, 2019	Warranty Deed, Transfer · Commercial Mortgage FIRST NATIONAL BANK IN STAUNTON
Oct 31, 2017	Deed of Trust, Mortgage · Line of Credit IROQUOIS FED'L S&L ASSN
Nov 7, 2017	Warranty Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 21, 2019 · Amount on Record
Deed Sale	May 21, 2019 · Amount on Record
Prior Sale	Nov 7, 2017 · Amount on Record
Deed Document Number	20197388
Record Updated	Sep 20, 2026

March 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	2440 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Transaction Type	Mortgage
Record Updated	Mar 23, 2023
Title Company	ALLIED CAPITAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2440 COUNTY ROAD 550 E, DEWEY, IL 61840-9725

Mortgage

Document Number	0000003223
Date	Mar 16, 2023
Instrument	2023R03223

Lender

Name	FISHER NATIONAL BANK
Type	Bank
Address	CHAMPAIGN, IL 61822

Agreement

Type	Closed-End Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Apr 1, 2038

Interest

Rate	7.5%

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	2440 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Transaction Type	Mortgage
Record Updated	Dec 17, 2021
Title Company	ALLIED CAPITAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000028558
Date	Dec 7, 2021
Instrument	2021R28558

Lender

Name	FISHER NATIONAL BANK
Type	Bank
Address	CHAMPAIGN, IL 61822

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 1, 2052

Interest

Rate	3.25%

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	2440 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Transaction Type	Mortgage
Record Updated	Dec 17, 2021
Title Company	ALLIED CAPITAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1412 ALYDAR DR, MAHOMET, IL 61853-3742

Mortgage

Document Number	0000028559
Date	Dec 7, 2021
Instrument	2021R28559

Lender

Name	FISHER NATIONAL BANK
Type	Bank
Address	CHAMPAIGN, IL 61822

Agreement

Type	Closed-End Mortgage
Amount	Amount Recorded
Term	241 Months
Due	Jan 1, 2042

Interest

Rate	4.25%

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	2440 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Transaction Type	Mortgage
Record Updated	Apr 27, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000025617
Date	Dec 7, 2020
Instrument	2020R25617

Lender

Name	FISHER NATIONAL BANK
Type	Bank
Address	CHAMPAIGN, IL 61820

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Dec 1, 2050

May 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	May 21, 2019
Property Address	2440 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Document Number	0000007388
Instrument Date	May 20, 2019
Instrument	2019R07388
Transaction Type	Transfer
Record Updated	Apr 28, 2022
Title Company	ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$412.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1412 ALYDAR DR, MAHOMET, IL 61853-3742

Mortgage

Document Number	0000007389
Date	May 21, 2019
Instrument	2019R07389

Lender

Name	FIRST NATIONAL BANK IN STAUNTON
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	36 Months
Due	May 20, 2022

Interest

Rate	4.74%

October 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	2440 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Document Number	0000021132
Instrument Date	Oct 31, 2017
Transaction Type	Mortgage
Record Updated	Oct 25, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2440 COUNTY ROAD 550 E DEWEY IL 61840, DEWEY, IL 61840

Mortgage

Document Number	0000021132
Date	Nov 7, 2017
Instrument	21132

Lender

Name	IROQUOIS FED'L S&L ASSN
Address	SAVOY, IL 61874

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Nov 6, 2037

Interest

Rate Type	Adjustable Rate
Rate	4.5%

November 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Nov 7, 2017
Property Address	2440 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Document Number	0000021131
Instrument Date	Oct 31, 2017
Instrument	21131
Transaction Type	Transfer
Record Updated	Dec 8, 2017
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$275.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2412 PRAIRIERIDGE PL CHAMPAIGN IL 618229330, CHAMPAIGN, IL 61822-9330

Tax Assessment & Valuation

Source: Champaign County assessment roll, as of April 29, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Champaign County
County Subdivision	Newcomb Township
Unified School District	Mahomet-Seymour Community Unit School District 3 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$14,085.00 (+6.65%)	$204,530 (+28.96%) Land $40,370 Building $164,160	$613,590 Land $121,110 Building $492,480
2024	$13,207.00 (+16.38%)
2022	$11,348.00	$158,600 Land $31,470 Building $127,130

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

Flood

Source: FEMA National Flood Hazard Layer, effective July 14, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	9 in force
Nearby Flood Claims	3 (1994–2008)
Most Recent Claim	Jun 2008 · alluvial fan flooding

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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

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

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 15 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable · Fixed Wireless	2,000 / 1,000
Volo.net Internet+Tech Fiber	1,000 / 1,000
Nextlink Fixed Wireless	500 / 100
Starlink Satellite	280 / 30
Rise Broadband Fixed Wireless	25 / 5
Frontier DSL	10 / 1

Cell Coverage

5G and 4G LTE (outdoors only)

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