507 E Water St, Litchfield, IL 62056 Property Records

Montgomery County property record for 507 E Water St, Litchfield, IL 62056

Property Summary

Property Type	Single Family Home
Details	1,008 sqft · built 2010
Lot Size	0.18 acres (7,860 sqft)
Owner	Company Name on File
Last Sale	$320,000 (Dec 2021)
Tax Bill	$2,719 (2025)
Deeds & Mortgages	Dec 2021 Sale & Mortgage
APN	`15-04-257-014`

Property Details

APN / Parcel Number

Primary APN	`15-04-257-014`
Alternative APN	`16-001-880-00`

Interior

Building Area	1,008 sqft Living Area

Exterior

Year Built	Built 2010
Effective Year Built	Effective 2010
Lot Area	7,860 sqft (0.18 acres)
Lot Dimensions	131 ft deep x 60 ft wide

Location & Zoning

Street Address	507 E WATER ST
City	LITCHFIELD
State	IL
Zip	62056-2400
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SE COR E 1/2 BLK 10 60 FT X 131 1/4 FT TYLER 3RD ADD 8-5-1880 S T00 R
Legal Subdivision	TYLER 3RD ADD
Legal Block	10
Jurisdiction	MONTGOMERY IL
Township / Civil Division	SOUTH LITCHFIELD
Census Block Group	2
Census Block	2029
Census Tract	957800

Owner

507 E Water St is owned by a company that bought it in December 2021.

Source: Montgomery County records, as of July 21, 2026

Owner of Record	Company Name on File
Mailing Address	8949 N STATE ROUTE 159, DORSEY, IL 62021-1221
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 14, 2021 · Amount on File
Deed Sale	Dec 14, 2021 · Amount on File
Prior Sale	May 18, 2009 · Amount on File
Deed Document Number	20214547
Deed Book / Page	1769 / 223
Prior Transfer Date	Apr 28, 2010
Prior Transfer Doc	001379/335
Record Updated	Sep 20, 2026

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MONTGOMERY IL
Recording Date	Dec 14, 2021
Property Address	507 E WATER ST, LITCHFIELD, IL 62056-2400
Document Number	001769/223
Book / Page	1769 / 223
Instrument Date	Dec 8, 2021
Instrument	202104547
Transaction Type	Transfer
Record Updated	Aug 5, 2022
Title Company	COMMUNITY TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$480.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	8949 N STATE ROUTE 159, DORSEY, IL 62021-1221

Mortgage

Document Number	2021045481769227
Date	Dec 14, 2021
Instrument	2021045481769227

Lender

Name	BANK OF SPRINGFIELD

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate	3.75%

Tax Assessment & Valuation

The 2025 property tax bill for 507 E Water St was $2,719, up 5.3% from the year before.

Source: Montgomery County assessment roll, as of July 21, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Montgomery County
County Subdivision	South Litchfield Township
Municipality	Litchfield City
Unified School District	Litchfield Community Unit School District 12 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,719.00 (+5.31%)	$30,920 (+6.92%) Land $2,330 Building $28,590	$92,760 (+6.92%) Land $6,990 Building $85,770
2024	$2,582.00	$28,920 Land $2,180 Building $26,740	$86,760 Land $6,540 Building $80,220

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA has no flood map on file for 507 E Water St; 1 flood insurance policy is in force nearby.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Not on file
Nearby Flood Policies	1 in force

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

Wildfire risk around 507 E Water St is low, with a 0.01% annual chance of 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.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	LITCHFIELD serves 6,648 people · EPA ID IL1350400
Water Source	Surface water
Last State Inspection	Dec 2024
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Dec 2025
Treatment and Procedure	None last 10 years
Monitoring and Reporting	6 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 375 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Computer Techniques Fiber	2,000 / 2,000
Sparklight Cable	1,000 / 50
Nextlink Fixed Wireless	500 / 100
Fidium Fiber DSL · Fiber in parts of the area	500 / 75
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20