2463C Co Rd 550 E, Dewey, IL 61840 Property Records

Champaign County property record for 2463C Co Rd 550 E, Dewey, IL 61840

Property Summary

Property Type	Single Family Home
Lot Size	2.5 acres (108,900 sqft)
Owner	Individual Name on File
Tax Bill	$6,172 (2024)
Deeds & Mortgages	Jun 2026 Construction Loan Jul 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`16-07-36-176-011`

Property Details

APN / Parcel Number

Primary APN	`16-07-36-176-011`

Exterior

Lot Area	108,900 sqft (2.5 acres)

Location & Zoning

Street Address	2463C COUNTY ROAD 550 E
City	DEWEY
State	IL
Zip	61840-8705
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	3066
Census Tract	10500

Owner

Source: Champaign County assessment roll, as of April 29, 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	2463 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 16, 2026	Deed of Trust, Mortgage · Construction Mortgage PEOPLES STATE BANK
Jul 24, 2020	Deed of Trust, Mortgage · Conventional Mortgage PEOPLES STATE BANK OF COLFAX

Assessor's Deed Record

Deed Names	Verified Name on Deed
Record Updated	Sep 20, 2026

June 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Recording Date	Jun 16, 2026
Property Address	2463C COUNTY ROAD 550 E, DEWEY, IL 61840-8705
Document Number	0000009033
Instrument Date	Jun 2, 2026
Instrument	20269033
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	CHICAGO TITLE W, CHICAGO TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2463 COUNTY ROAD 550 E, DEWEY, IL 61840-9725

Mortgage

Document Number	0000009033,
Date	Jun 16, 2026
Instrument	20269033

Lender

Name	PEOPLES STATE BANK

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Jun 1, 2027

Interest

Rate	7.7%
Max Rate	-1%

July 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	2463C COUNTY ROAD 550 E, DEWEY, IL 61840-8705
Transaction Type	Mortgage
Record Updated	Apr 28, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000014206
Date	Jul 24, 2020
Instrument	2020R14206

Lender

Name	PEOPLES STATE BANK OF COLFAX
Type	Bank
Address	COLFAX, IL 61728

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Aug 1, 2050

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		$102,090 (+29.13%) Land $12,630 Building $89,460	$306,270 (+29.13%) Land $37,890 Building $268,380
2024	$6,172.00 (+18.08%)
2022	$5,227.00 Homeowner's exemption	$79,060 Land $9,780 Building $69,280	$237,180 Land $29,340 Building $207,840

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	Direct burnable vegetation

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 27 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Volo.net Internet+Tech Fiber	1,000 / 1,000

May also be available: Mediacom Xtream, Nextlink.

Cell Coverage

4G LTE (outdoors only), no 5G reported

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