405 E Madison St, Philo, IL 61864 Property Records

Champaign County property record for 405 E Madison St, Philo, IL 61864 · Last verified May 2026

Property Highlights

Property Type	Residential > Single Family > Home
Lot Size	12,001 sqft (0.276 acres)
Occupancy	Owner Occupied
Tax Bill	$2,130.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`19-27-23-184-002`

Exterior

Lot Area	12,001 sqft (0.276 acres)

Location & Zoning

Street Address	405 E MADISON ST
City	PHILO
State	IL
Zip	61864-9692
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LOT 3 BLOCK 9 HALES, E.B., 2ND ADD
Legal Range	09E
Legal Township	18N
Legal Section	23
Legal Subdivision	HALES, E.B., 2ND ADD
Legal Block	9
Legal Lot Number	3
Jurisdiction	CHAMPAIGN IL
Minor Civil Division	PHILO
Census Blockgroup	1
Census Block	1017
Census Tract	10901

Owner

Source: Champaign County records · APN 19-27-23-184-002

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 Record	Individual Name on File
Mailing Address	405 E MADISON ST, PHILO, IL 61864-9692
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Transfer Date	Aug 07, 2007
Transfer Doc	0000021403
Record Refreshed	Jun 08, 2026

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	405 E MADISON ST, PHILO, IL 61864-9692
Transaction Type	Mortgage
Record Updated	Aug 23, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000013678
Date	Aug 23, 2019
Instrument	2019R13678

Lender

Name	BUSEY BANK
Type	Bank
Address	CHAMPAIGN, IL 61820

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Aug 22, 2039

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly (Revolving credit lines are monthly unless stated otherwise).

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	Philo Township
Municipality	Philo Village
Unified School District	Tolono Community Unit School District 7 (KG - 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		$45,350 (+25.03%) Land $4,160 Building $41,190	$136,050 (+25.03%) Land $12,480 Building $123,570
2024	$2,130.00 (+10.76%)
2022	$1,923.00 Homeowner's exemption	$36,270 Land $3,320 Building $32,950	$108,810 Land $9,960 Building $98,850

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 Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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