2553 E 500N Rd, Paxton, IL 60957 Property Records

Ford County property record for 2553 E 500N Rd, Paxton, IL 60957

Property Summary

Property Type	Rural Home
Details	3 bd · 1 ba · 1,608 sqft · built 1920
Lot Size	160 acres (6,969,600 sqft)
Owner	2 Individual Names on Record
Last Sale	$100,000 (Sep 2023)
Tax Bill	$7,568 (2022)
Deeds & Mortgages	Sep 2023 Sale & Second Mortgage Apr 2023 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`12-16-07-100-002`

Property Details

APN / Parcel Number

Primary APN	`12-16-07-100-002`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	5 Rooms
Stories	2 Stories
Building Area	1,608 sqft

Exterior

Year Built	Built 1920
Lot Area	6,969,600 sqft (160 acres)
Garage Type	Detached
Garage Area	768 sqft

Location & Zoning

Street Address	2553 E 500N RD
City	PAXTON
State	IL
Zip	60957-4164
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Local Zoning Code	AG-1
Legal Description	S7 T23 R14 W1/2 NE & E1/2 NW TURBINE E5 ON 12-16-07-100-502 ZONING AG-1
Legal Range	14W
Legal Township	23N
Legal Section	07
Jurisdiction	FORD IL
Census Block Group	3
Census Block	3017
Census Tract	961700

Owner

Source: Ford County records, as of December 7, 2023

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
Co-owner	Co-owner on Record
Mailing Address	2553 E 500N RD, PAXTON, IL 60957-4164
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 1, 2023	Warranty Deed, Transfer · Stand-Alone Second Mortgage FARMERS-MERCHANTS BANK OF ILLINOIS
Apr 11, 2023	Warranty Deed, Transfer · Line of Credit FARMER MERCHANTS BANK ILLINOIS

Assessor's Deed Record

Deed Names	3 Names on Deed
Last Sale	Sep 1, 2023 · Amount on Record
Deed Sale	Sep 1, 2023 · Amount on Record
Deed Document Number	0000281949
Record Updated	Jun 7, 2026

September 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	FORD IL
Recording Date	Sep 1, 2023
Property Address	2553 E 500N RD, PAXTON, IL 60957-4164
Document Number	0000281949
Instrument Date	Aug 28, 2023
Instrument	281949
Transaction Type	Transfer
Record Updated	Dec 8, 2023

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$100.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Partial Interest Partial Parcel

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2064 E STATE ROUTE 9, PAXTON, IL 60957-4105

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	2553 E 500N RD, PAXTON, IL 60957-4164

Mortgage

Document Number	0000281950
Date	Sep 1, 2023
Instrument	281950

Lender

Name	FARMERS-MERCHANTS BANK OF ILLINOIS
Type	Bank

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount Recorded
Term	233 Months
Due	Feb 1, 2043

Interest

Rate Type	Adjustable Rate
Rate	3.59%

April 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	FORD IL
Recording Date	Apr 11, 2023
Property Address	2553 E 500N RD, PAXTON, IL 60957-4164
Document Number	0000281117
Instrument Date	Apr 11, 2023
Instrument	281117
Transaction Type	Transfer
Record Updated	May 31, 2023
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	2553 E 500N RD, PAXTON, IL 60957-4164

Mortgage

Document Number	0000281118
Date	Apr 11, 2023
Instrument	281118

Lender

Name	FARMER MERCHANTS BANK ILLINOIS
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	226 Months
Due	Feb 1, 2042

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Ford County assessment roll, as of January 1, 2022

Property Jurisdictions

Type	Name
State	Illinois
County	Ford County
County Subdivision	Button Township
Unified School District	Paxton-Buckley-Loda Community Unit School District 10 (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2022	$7,568.00	$79,700 Land $47,080 Building $32,620	$239,100 Land $141,240 Building $97,860

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 May 22, 2022

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, as of December 31, 2025

Cell Coverage

5G (outdoors only) and 4G LTE

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