Monroe County property record for 407 Watertower Ln, Waterloo, IL 62298
| Property Type | Single Family Home |
|---|---|
| Details | 2 bd · 2 ba · 936 sqft · built 1983 |
| Lot Size | 0.12 acres (5,060 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $118,500 (Mar 2023) |
| Tax Bill | $2,465 (2025) |
| Deeds & Mortgages | Mar 2023 Sale & Mortgage Nov 2022 Sale |
| Flood Zone | Zone X (minimal risk) |
| APN | 07-25-283-011-000 |
| Primary APN | 07-25-283-011-000 |
|---|---|
| Alternative APN |
|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 2 Baths |
| Plumbing Fixtures | 5 Plumbing Fixtures |
| Stories | 1 Story |
| Building Area | 936 sqft Living Area |
| 1st Floor Area | 936 sqft |
| Basement Area | 936 sqft |
| Unfinished Basement | 936 sqft |
| Year Built | Built 1983 |
|---|---|
| Effective Year Built | Effective 1983 |
| Construction Type | Frame |
| Lot Area | 5,060 sqft (0.12 acres) |
| Lot Dimensions | 100 ft deep x 52 ft wide |
| Garage Type | Carport |
| Carport | Carport |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Street Address | 407 WATERTOWER LN |
|---|---|
| City | WATERLOO |
| State | IL |
| Zip | 62298-1396 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | WR3 |
| Legal Description | LOT 18 JAMES MOORES ADDN 0140015 |
| Legal Range | 10W |
| Legal Township | 02S |
| Legal Section | 25 |
| Legal Subdivision | JAMES MOORES ADD |
| Legal Lot Number | 18 |
| Jurisdiction | MONROE IL |
| Township / Civil Division | 33 |
| Census Block Group | 4 |
| Census Block | 4001 |
| Census Tract | 600501 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Historic District | Within the Waterloo Historic District listed 1978 · 236 contributing resources · NRIS 78001177 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
407 Watertower Ln is owned and occupied by two individuals who bought it in March 2023.
Source: Monroe County records, as of October 13, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 407 WATERTOWER LN, WATERLOO, IL 62298-1396 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Mar 27, 2023 | Joint Tenancy Deed, Transfer · FHA Mortgage TIB NA |
| Nov 29, 2022 | Deed, Transfer |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Mar 27, 2023 · Amount on File |
| Deed Sale | Mar 27, 2023 · Amount on File |
| Prior Sale | Nov 29, 2022 · Amount on File |
| Deed Document Number | 2023428407 |
| Record Updated | Oct 29, 2026 |
| Document Type | Joint Tenancy Deed |
|---|---|
| Jurisdiction | MONROE IL |
| Recording Date | Mar 27, 2023 |
| Property Address | 407 WATERTOWER LN, WATERLOO, IL 62298-1396 |
| Document Number | 0000428407 |
| Map Reference | MB A PG 9 |
| Instrument Date | Mar 13, 2023 |
| Instrument | 428407 |
| Transaction Type | Transfer |
| Record Updated | Nov 17, 2023 |
| Title Company | ACCENT TITLE |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $177.75 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 11503 CROOKED PINE DR, CYPRESS, TX 77429-3094 |
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenants with Right of Survivorship |
| Address | 407 WATERTOWER LN, WATERLOO, IL 62298-1396 |
| Document Number | 0000428408 |
|---|---|
| Date | Mar 27, 2023 |
| Instrument | 428408 |
| Name | TIB NA |
|---|---|
| Type | Bank |
| Type | FHA Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Apr 1, 2053 |
| Document Type | Deed |
|---|---|
| Jurisdiction | MONROE IL |
| Recording Date | Nov 29, 2022 |
| Property Address | 407 WATERTOWER LN, WATERLOO, IL 62298-1396 |
| Document Number | 0000427124 |
| Map Reference | MB A PG 9 |
| Instrument Date | Nov 29, 2022 |
| Instrument | 427124 |
| Transaction Type | Transfer |
| Record Updated | Nov 17, 2023 |
| Amount | Amount on Record |
|---|---|
| Tax | $150.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 408 LAUREL DR, WATERLOO, IL 62298-1714 |
| Name | Verified Name |
|---|---|
| Address | 11503 CROOKED PINE DR, CYPRESS, TX 77429-3094 |
The 2025 property tax bill for 407 Watertower Ln was $2,465, up 8.7% from the year before.
Source: Monroe County assessment roll, as of October 13, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Monroe County |
| Municipality | Waterloo City |
| Unified School District | Waterloo Community Unit School District 5 (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $2,465.00 (+8.69%) Homeowner's exemption | $46,160 Land $15,690 Building $30,470 | $138,480 Land $47,070 Building $91,410 |
| 2024 | $2,268.00 | ||
| 2022 | $38,790 (+26.72%) Land $14,720 Building $24,070 | $116,370 (+26.72%) Land $44,160 Building $72,210 | |
| 2021 | $30,610 Land $7,880 Building $22,730 | $91,830 Land $23,640 Building $68,190 |
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.
FEMA maps place 407 Watertower Ln in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective August 18, 2025
| 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.
The area around 407 Watertower Ln has no burnable land within ember reach, so its wildfire risk is not rated.
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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | WATERLOO serves 10,190 people · EPA ID IL1330300 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Dec 2025 |
| Lead | 1 ppb (2026–2028) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 30 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.
Source: FCC Broadband Data Collection, based on 475 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Spectrum Cable · Fiber in parts of the area | 1,000 / 1,000 |
| Verizon Fixed Wireless | 300 / 20 |
| Harrisonville Telephone Company DSL · Fiber in parts of the area | 100 / 20 |
May also be available: Wisper ISP.
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