507 S Adams St, Philo, IL 61864 Property Records

Champaign County property record for 507 S Adams St, Philo, IL 61864

Property Summary

Property Type	Single Family Home
Lot Size	0.458 acres (19,934 sqft)
Owner	Individual Name on Record
Tax Bill	$5,356 (2024)
Deeds & Mortgages	Sep 2022 Line of Credit May 2020 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`19-27-23-305-008`

Property Details

APN / Parcel Number

Primary APN	`19-27-23-305-008`

Exterior

Lot Area	19,934 sqft (0.458 acres)

Location & Zoning

Street Address	507 S ADAMS ST
City	PHILO
State	IL
Zip	61864-9638
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 3 SOUTH POINT ADD 1
Legal Range	09E
Legal Township	18N
Legal Section	23
Legal Subdivision	SOUTH POINT ADD 1
Legal Lot Number	3
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	PHILO
Census Block Group	1
Census Block	1034
Census Tract	10901

Owner

Source: Champaign County records, as of April 29, 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 Record
Mailing Address	507 S ADAMS ST, PHILO, IL 61864-9638
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 27, 2022	Deed of Trust, Mortgage · Line of Credit FIRST FSB OF CHAMPAIGN URBANA
May 21, 2020	Deed of Trust, Mortgage · Conventional Mortgage FIRST FSB/CHAMPAIGN-URBANA
Aug 16, 2019	Deed of Trust, Mortgage · Line of Credit FIRST FSB/CHAMPAIGN-URBANA

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Jun 8, 2026

September 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	507 S ADAMS ST, PHILO, IL 61864-9638
Transaction Type	Mortgage
Record Updated	Oct 12, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000017741
Date	Sep 27, 2022
Instrument	2022R17741

Lender

Name	FIRST FSB OF CHAMPAIGN URBANA
Type	Bank
Address	CHAMPAIGN, IL 61820

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	180 Months
Due	Sep 12, 2037

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly
Min Rate At Change	4.5%
Max Rate	18%

May 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	507 S ADAMS ST, PHILO, IL 61864-9638
Document Number	0000009092
Instrument Date	May 21, 2020
Transaction Type	Mortgage
Record Updated	Jul 28, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	507 S ADAMS ST PHILO IL 618649638, PHILO, IL 61864-9638

Mortgage

Document Number	0000009092
Date	May 28, 2020
Instrument	9092

Lender

Name	FIRST FSB/CHAMPAIGN-URBANA
Type	Bank
Address	CHAMPAIGN, IL 61820

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	120 Months
Due	May 27, 2030

Interest

Rate	2.37%

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	507 S ADAMS ST, PHILO, IL 61864-9638
Document Number	0000014508
Instrument Date	Aug 16, 2019
Transaction Type	Mortgage
Record Updated	Oct 4, 2019
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	507 S ADAMS ST PHILO IL 618649638, PHILO, IL 61864-9638

Mortgage

Document Number	0000014508
Date	Sep 5, 2019
Instrument	14508

Lender

Name	FIRST FSB/CHAMPAIGN-URBANA
Type	Bank
Address	CHAMPAIGN, IL 61820

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	180 Months
Due	Sep 4, 2034

Interest

Rate Type	Adjustable Rate
Rate	5.25%

Tax Assessment & Valuation

Source: Champaign County assessment roll, as of April 29, 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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$104,140 (+25.03%) Land $24,020 Building $80,120	$312,420 (+25.03%) Land $72,060 Building $240,360
2024	$5,356.00 (+9.08%)
2022	$4,910.00 Homeowner's exemption	$83,290 Land $19,210 Building $64,080	$249,870 Land $57,630 Building $192,240

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 July 14, 2021

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.

Drinking Water

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

Water System	AQUA ILLINOIS-PHILO private · serves 1,378 people · EPA ID IL0190600
Water Source	Purchased groundwater from IL AMERICAN-CHAMPAIGN
Last State Inspection	Mar 2025
Lead	Under 1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 183 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Pavlov Media Fiber	8,000 / 8,000
Conxxus Fiber	8,000 / 8,000
Xfinity Cable	1,200 / 35
Nextlink Fixed Wireless	500 / 100

May also be available: MF Wireless, Watch TV.

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