2489 Co Rd 550 E, Dewey, IL 61840 Property Records

Champaign County property record for 2489 Co Rd 550 E, Dewey, IL 61840

Property Summary

Property Type	Single Family Home
Details	1.5 ba · 1,696 sqft · built 2008
Lot Size	2.73 acres (118,919 sqft)
Owner	2 Individual Names on Record
Last Sale	$625,000 (Jul 2025)
Tax Bill	$10,058 (2024)
Deeds & Mortgages	Apr 2021 Sale & Mortgage Jul 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`16-07-36-126-008`

Property Details

APN / Parcel Number

Primary APN	`16-07-36-126-008`

Interior

Full Baths	1.5 Baths
Half Baths	1 Half Bath
Stories	2 Stories
Building Area	1,696 sqft Living Area
Gross Area	4,117 sqft
1st Floor Area	163 sqft
Basement Area	1,696 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2008
Effective Year Built	Effective 2008
Architectural Style	A-Frame
Construction Type	Frame
Lot Area	118,919 sqft (2.73 acres)
Garage Type	Attached
Garage Area	725 sqft
Parking Spaces	3 Parking Spaces
Porch	Open Frame Porch

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Street Address	2489 COUNTY ROAD 550 E
City	DEWEY
State	IL
Zip	61840-9725
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 202 SUMMERFIELD SUB, REPLAT LT 4 AND OTHER LAND
Legal Range	07E
Legal Township	21N
Legal Section	36
Legal Subdivision	SUMMERFIELD SUB, REPLAT LT 4
Legal Lot Number	202,4
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	NEWCOMB
Census Block Group	3
Census Block	3066
Census Tract	10500

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 Record	2 Individual Names on Record
Mailing Address	2489 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Deeds, Mortgages & Sale History

Date	Document
Apr 20, 2021	Warranty Deed, Transfer · Conventional Mortgage INB NATIONAL ASSOCIATION
Jul 29, 2019	Warranty Deed, Transfer · Conventional Mortgage QUICKEN LNS

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 18, 2025 · Amount on Record
Deed Sale	Jul 18, 2025 · Amount on Record
Prior Sale	Apr 20, 2021 · Amount on Record
Deed Document Number	202510318
Record Updated	Jun 8, 2026

April 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Apr 20, 2021
Property Address	2489 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Document Number	0000009036
Map Reference	DOC 2007R 00932
Instrument Date	Mar 12, 2021
Instrument	2021R09036
Transaction Type	Transfer
Record Updated	Apr 28, 2022

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$425.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	2489 COUNTY ROAD 550 E, DEWEY, IL 61840-9725

Mortgage

Document Number	0000009037
Date	Apr 20, 2021
Instrument	2021R09037

Lender

Name	INB NATIONAL ASSOCIATION
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	May 1, 2051

July 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Jul 29, 2019
Property Address	2489 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Document Number	0000012113
Instrument Date	Jul 10, 2019
Instrument	12113
Transaction Type	Transfer
Record Updated	Aug 19, 2019
Title Company	ALLIED CAPITAL TITLE, ALLIED CAP TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$588.75
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	2489 COUNTY ROAD 550 E DEWEY IL 618409725, DEWEY, IL 61840-9725

Mortgage

Document Number	12114
Date	Jul 29, 2019
Instrument	12114

Lender

Name	QUICKEN LNS
Type	Funding / Finance Company
Address	DETROIT, MI 48226-1906

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jul 28, 2049

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		$162,170 (+29.13%) Land $36,670 Building $125,500	$486,510 (+29.13%) Land $110,010 Building $376,500
2024	$10,058.00 (+17.46%)
2022	$8,563.00 Homeowner's exemption	$125,590 Land $28,400 Building $97,190	$376,770 Land $85,200 Building $291,570

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.

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
Nearest Special Flood Hazard Area	Zone A, within 500 ft
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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