2495 Co Rd 550 E, Dewey, IL 61840 Property Records

Champaign County property record for 2495 Co Rd 550 E, Dewey, IL 61840 · Last verified May 2026

Property Summary

Property Type	Single Family Home
Lot Size	4.52 acres (196,891 sqft)
Owner	Individual Name on File
Last Sale	$80,000 (Apr 2018)
Tax Bill	$8,307 (2024)
Deeds & Mortgages	Apr 2021 Mortgage Jun 2020 Construction Loan + 1 more
Flood Zone	Zone X (minimal risk)
APN	`16-07-36-126-010`

Property Details

APN / Parcel Number

Primary APN	`16-07-36-126-010`

Exterior

Lot Area	196,891 sqft (4.52 acres)

Location & Zoning

Street Address	2495 COUNTY ROAD 550 E
City	DEWEY
State	IL
Zip	61840-9725
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 204 SUMMERFIELD SUB, REPLAT LT 4
Legal Range	07E
Legal Township	21N
Legal Section	36
Legal Subdivision	SUMMERFIELD SUB, REPLAT LT 4
Legal Lot Number	204,4
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	NEWCOMB
Census Block Group	3
Census Block	3066
Census Tract	10500

Owner

Source: Champaign County records · APN 16-07-36-126-010

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 Record	Individual Name on File
Mailing Address	2495 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Apr 26, 2021	Deed of Trust, Mortgage · Conventional Mortgage FISHER NATIONAL BANK
Jun 10, 2020	Deed of Trust, Mortgage · Construction Mortgage FISHER NATIONAL BANK
Apr 19, 2018	Warranty Deed, Transfer · Conventional Mortgage MIDLAND STATES BANK

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Apr 19, 2018 · Amount on Record
Deed Sale	Apr 19, 2018 · Amount on Record
Prior Sale	Mar 23, 2016 · Amount on Record
Deed Document Number	20186083
Record Updated	Jun 08, 2026

April 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	2495 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Transaction Type	Mortgage
Record Updated	May 12, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000009597
Date	Apr 26, 2021
Instrument	2021R09597

Lender

Name	FISHER NATIONAL BANK
Type	Bank
Address	MAHOMET, IL 61853

Agreement

Type	Conventional Mortgage
Term	241 Months
Due	May 01, 2041

June 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	2495 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	0000010238
Date	Jun 10, 2020
Instrument	2020R10238

Lender

Name	FISHER NATIONAL BANK
Type	Bank
Address	MAHOMET, IL 61853

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	10 Months
Due	Apr 01, 2021

Interest

Rate	4.25%

April 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Apr 19, 2018
Property Address	2495 COUNTY ROAD 550 E, DEWEY, IL 61840-9725
Document Number	0000006083
Map Reference	DOC2007R00932
Instrument Date	Apr 15, 2018
Instrument	2018R06083
Transaction Type	Transfer
Record Updated	Apr 28, 2022
Title Company	ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$120.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	2402 MARY LOU DR, URBANA, IL 61802-7670

Mortgage

Document Number	0000006084
Date	Apr 19, 2018
Instrument	2018R06084

Lender

Name	MIDLAND STATES BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	37 Months
Due	May 01, 2021

Interest

Rate Type	Fixed Rate
Rate	4.87%

Tax Assessment & Valuation

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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$135,040 (+29.22%) Land $10,210 Building $124,830	$405,120 Land $30,630 Building $374,490
2024	$8,307.00 (+10.95%)
2022	$7,487.00	$104,500 Land $7,830 Building $96,670

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Champaign County (17019C), updated July 14, 2021 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 170190105003, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Nearby Flood Policies	9 in force
Nearby Flood Claims	3 (1994–2008)
Most Recent Claim	Jun 2008, alluvial fan flooding

Wildfire

Wildfire Risk	Low above 20% of the US · above 71% of Illinois
Wildfire Likelihood	About 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 27 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Gargoyle Technologies	Fiber	1,000 / 1,000

May also be available at this address: Mediacom Communications, AMG Technology Investment Group. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

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

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