2480 Co Rd 550 E, Dewey, IL 61840 Property Records

Champaign County property record for 2480 Co Rd 550 E, Dewey, IL 61840

Property Summary

Property TypeSingle Family Home
Lot Size2.95 acres (128,502 sqft)
Owner2 Individual Names on Record
Tax Bill$8,456 (2024)
Flood ZoneZone X (minimal risk)
APN16-07-36-200-023

Property Details

APN / Parcel Number

Primary APN16-07-36-200-023

Exterior

Lot Area128,502 sqft (2.95 acres)

Location & Zoning

Street Address2480 COUNTY ROAD 550 E
CityDEWEY
StateIL
Zip61840-9725
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 203 SUMMERFIELD EAST SUB, REPLAT LOTS 2 AND 3
Legal Range07E
Legal Township21N
Legal Section36
Legal SubdivisionSUMMERFIELD EAST SUB, REPLAT
Legal Lot Number203
JurisdictionCHAMPAIGN IL
Township / Civil DivisionNEWCOMB
Census Block Group3
Census Block3064
Census Tract10500

Owner

Source: Champaign County records, 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 Record2 Individual Names on Record
Mailing Address2480 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
OccupancyOwner Occupied
Owner TypeIndividual
VestingTenants by the Entirety

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

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

YearTax BillAssessed ValueAssessed Market Value
2025$137,340 (+29.14%) Land $12,700 Building $124,640$412,020 (+29.14%) Land $38,100 Building $373,920
2024$8,456.00 (+17.66%)
2022$7,187.00 Homeowner's exemption$106,350 Land $9,830 Building $96,520$319,050 Land $29,490 Building $289,560

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 ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone A, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies9 in force
Nearby Flood Claims3 (1994–2008)
Most Recent ClaimJun 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 RiskLow
lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood0.01% annual chance
ExposureDirect
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

ProviderMax 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

Nearby Properties on Co Rd 550 E

Nearby Streets

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