507 S Main St, Payson, IL 62360 Property Records

Adams County property record for 507 S Main St, Payson, IL 62360

Property Summary

Property TypeSingle Family Home
Lot Size1.9 acres (82,764 sqft)
Owner2 Company Names on Record
Tax Bill$2,727 (2024)
Deeds & MortgagesApr 2024 Transfer
Jul 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN180073500100

Property Details

APN / Parcel Number

Primary APN180073500100

Exterior

Lot Area82,764 sqft (1.9 acres)

Location & Zoning

Street Address507 S MAIN ST
CityPAYSON
StateIL
Zip62360-1159
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionNW SEC 17 3S7W CORP LANDS PAYSON 1.9A NW COR PT SW NW SEC 17
Legal Range07W
Legal Township03S
Legal Section17
JurisdictionADAMS IL
Township / Civil DivisionPAYSON
Census Block Group3
Census Block3028
Census Tract10302

Owner

Source: Adams County records, as of August 4, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Company Names on Record
Mailing Address507 S MAIN ST, PAYSON, IL 62360-1159
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust

Deeds, Mortgages & Sale History

DateDocument
Apr 5, 2024Intrafamily Transfer, Transfer
Jul 21, 2020Deed of Trust, Mortgage · Conventional Mortgage
FIRST BANKERS TRUST CO

Assessor's Deed Record

Deed Names2 Names on Deed
Last Transfer DateApr 3, 2024
Transfer Doc2024R02043
Record UpdatedSep 20, 2026

April 2024: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionADAMS IL
Recording DateApr 5, 2024
Property Address507 S MAIN ST, PAYSON, IL 62360-1159
Document Number2024R02043
Instrument DateApr 3, 2024
Instrument2024R-02043
Transaction TypeTransfer
Record UpdatedMay 22, 2024

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

July 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionADAMS IL
Property Address507 S MAIN ST, PAYSON, IL 62360-1159
Transaction TypeMortgage
Record UpdatedOct 25, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2020R06483
DateJul 21, 2020
Instrument2020R-06483
Lender
NameFIRST BANKERS TRUST CO
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term84 Months
DueJul 31, 2027
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Adams County assessment roll, as of May 4, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyAdams County
County SubdivisionPayson Township
MunicipalityPayson Village
Unified School DistrictPayson Community Unit School District 1 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$55,420 (+8.01%) Land $8,580 Building $46,840$166,260 (+8.01%) Land $25,740 Building $140,520
2024$2,727.00 (+15.6%)$51,310 (+12.99%) Land $7,940 Building $43,370$153,930 (+12.99%) Land $23,820 Building $130,110
2022$45,410 Land $7,020 Building $38,390$136,230 Land $21,060 Building $115,170
2021$2,359.00

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 23, 2018

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot 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 RiskLow
lower than 98% of the US · lower than 86% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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 SystemPAYSON
serves 1,386 people · EPA ID IL0010550
Water SourceGroundwater
Last State InspectionNov 2025
Lead2 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 37 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Adams Telsystems
Fiber
1,000 / 1,000
Nextlink
Fixed Wireless
800 / 400
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
Illinois Net
Fixed Wireless
100 / 20

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