2471 Co Rd 550 E, Dewey, IL 61840 Property Records

Champaign County property record for 2471 Co Rd 550 E, Dewey, IL 61840 · Last verified May 2026

Property Highlights

Property TypeResidential > Single Family > Home
Lot Size847,678 sqft (19.4 acres)
OccupancyOwner Occupied
Last Sale$498,000 (2021)
Tax Bill$10,026.00 (2024)

Property Details

APN / Parcel Number

Primary APN16-07-36-105-002

Exterior

Lot Area847,678 sqft (19.4 acres)

Location & Zoning

Street Address2471 COUNTY ROAD 550 E
CityDEWEY
StateIL
Zip61840
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Range07E
Legal Township21N
Legal Section36
JurisdictionCHAMPAIGN IL
Township / Civil DivisionNEWCOMB
Census Block Group3
Census Block3066
Census Tract10500

Owner

Source: Champaign County records · APN 16-07-36-105-002

Assessment roll updated April 29, 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 Record2 Individual Names on File
Mailing Address2471 COUNTY ROAD 550 E, DEWEY, IL 61840
OccupancyOwner Occupied
Owner TypeIndividual
VestingTenants by the Entirety

Deeds, Mortgages & Sale History

DateDocument
Oct 30, 2025Deed of Trust, Mortgage · Line of Credit
FISHER NATIONAL BANK
Oct 21, 2021Executor's Deed, Transfer · Conventional Mortgage
HICKORY POINT BANK & TRUST
Aug 15, 2019Deed of Trust, Mortgage · Line of Credit
FISHER NATIONAL BANK

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleOct 21, 2021 · Amount on Record
Deed SaleOct 21, 2021 · Amount on Record
Deed Document Number202125166
Prior Transfer DateJun 19, 2008
Prior Transfer Doc0000016102
Record UpdatedJun 08, 2026

October 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address2471 COUNTY ROAD 550 E, DEWEY, IL 61840
Transaction TypeMortgage
Record UpdatedNov 12, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address2471 COUNTY ROAD 550 E, DEWEY, IL 61840

Mortgage

Document Number0000016591
DateOct 30, 2025
Instrument2025R16591
Lender
NameFISHER NATIONAL BANK
TypeBank
AddressMAHOMET, IL 61853
Agreement
TypeLine of Credit
AmountAmount Recorded
Term61 Months
DueOct 31, 2030
Interest
Rate TypeAdjustable Rate
Rate8.25%
Change FrequencyMonthly

October 2021: Executor's Deed, Transfer

Document TypeExecutor's Deed
JurisdictionCHAMPAIGN IL
Recording DateOct 21, 2021
Property Address2471 COUNTY ROAD 550 E, DEWEY, IL 61840
Document Number0000025166
Instrument DateOct 15, 2021
Instrument2021R25166
Transaction TypeTransfer
Record UpdatedOct 28, 2021
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$498.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address2471 COUNTY ROAD 550 E, DEWEY, IL 61840

Mortgage

Document Number0000025167
DateOct 21, 2021
Instrument2021R25167
Lender
NameHICKORY POINT BANK & TRUST
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term121 Months
DueNov 01, 2031

August 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address2471 COUNTY ROAD 550 E, DEWEY, IL 61840
Transaction TypeMortgage
Record UpdatedApr 27, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000013140
DateAug 15, 2019
Instrument2019R13140
Lender
NameFISHER NATIONAL BANK
TypeBank
AddressMAHOMET, IL 61853
Agreement
TypeLine of Credit
AmountAmount Recorded
Term61 Months
DueAug 31, 2024
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified May 2026

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionNewcomb Township
Unified School DistrictMahomet-Seymour Community Unit School District 3 (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.

YearTax BillAssessed ValueAssessed Market Value
2025$182,180 (+45.92%) Land $14,260 Building $167,920$546,540 Land $42,780 Building $503,760
2024$10,026.00 (+17.36%)
2022$8,543.00 Homeowner's exemption$124,850 Land $10,690 Building $114,160

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Champaign County (17019C), updated July 14, 2021 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone A
Flood HazardHigh
100-Year FloodplainYes
1% annual chance
Special Flood Hazard AreaYes
Flood Insurance RequirementRequired (federally backed mortgages)
FloodwayNo
Base Flood ElevationNot determined for this zone

Wildfire

Wildfire RiskLow
above 20% of the US · above 71% of Illinois
Wildfire LikelihoodAbout 1 in 10,000 per year
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Co Rd 550 E

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