508 S Adams St, Philo, IL 61864 Property Records

Champaign County property record for 508 S Adams St, Philo, IL 61864

Property Summary

Property Type	Single Family Home
Details	1 ba · 1,880 sqft · built 1995
Lot Size	0.331 acres (14,400 sqft)
Owner	2 Individual Names on Record
Last Sale	$300,000 (Feb 2022)
Tax Bill	$5,233 (2024)
Deeds & Mortgages	Feb 2022 Mortgage Apr 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`19-27-23-332-002`

Property Details

APN / Parcel Number

Primary APN	`19-27-23-332-002`

Interior

Full Baths	1 Bath
Stories	1 Story
Building Area	1,880 sqft Living Area
Gross Area	3,958 sqft
1st Floor Area	1,880 sqft
Basement Area	1,880 sqft

Exterior

Year Built	Built 1995
Effective Year Built	Effective 1995
Architectural Style	A-Frame
Construction Type	Frame
Foundation Type	Raised
Lot Area	14,400 sqft (0.331 acres)

Exterior Amenities

Porch	Open Frame Porch
Porch Area	175 sqft
Patio Area	198 sqft
Shed	1 Shed
Shed Area	216 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Street Address	508 S ADAMS ST
City	PHILO
State	IL
Zip	61864-9755
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 2 LAUCHNERS 1ST ADD
Legal Range	09E
Legal Township	18N
Legal Section	23
Legal Subdivision	LAUCHNERS 1ST ADD
Legal Lot Number	2
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	PHILO
Census Block Group	1
Census Block	1038
Census Tract	10901

Owner

Source: Champaign County records, as of June 2, 2026

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

Owner of Record	2 Individual Names on Record
Mailing Address	508 S ADAMS ST, PHILO, IL 61864-9755
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Deeds, Mortgages & Sale History

Date	Document
Feb 11, 2022	Warranty Deed, Transfer · Conventional Mortgage FIRST STATE BANK
Apr 27, 2021	Deed of Trust, Mortgage · Conventional Mortgage INB NATIONAL ASSOCIATION

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 11, 2022 · Amount on Record
Deed Sale	Feb 11, 2022 · Amount on Record
Prior Sale	Feb 12, 2009 · Amount on Record
Deed Document Number	20222709
Record Updated	Oct 29, 2026

February 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Feb 11, 2022
Property Address	508 S ADAMS ST, PHILO, IL 61864-9755
Document Number	0000002709
Map Reference	MB Y PG 20
Instrument Date	Feb 10, 2022
Instrument	2022R02709
Transaction Type	Transfer
Record Updated	Feb 18, 2022
Title Company	ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	508 S ADAMS ST, PHILO, IL 61864-9755

Mortgage

Document Number	0000002710
Date	Feb 11, 2022
Instrument	2022R02710

Lender

Name	FIRST STATE BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Mar 1, 2052

Interest

Rate Type	Fixed Rate
Rate	3.62%

April 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CHAMPAIGN IL
Property Address	508 S ADAMS ST, PHILO, IL 61864-9755
Transaction Type	Mortgage
Record Updated	May 12, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000009605
Date	Apr 27, 2021
Instrument	2021R09605

Lender

Name	INB NATIONAL ASSOCIATION
Type	Bank
Address	SPRINGFIELD, IL 62701

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	May 1, 2051

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		$101,910 (+8.81%) Land $16,140 Building $85,770	$305,730 (+8.81%) Land $48,420 Building $257,310
2024	$5,233.00 (+4.83%)	$93,660 (+14.92%) Land $14,830 Building $78,830	$280,980 (+14.92%) Land $44,490 Building $236,490
2023	$4,992.00 (+4.09%)
2022	$4,796.00 Homeowner's exemption	$81,500 Land $12,900 Building $68,600	$244,500 Land $38,700 Building $205,800

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.

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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