7403 Old State Rd, Mattoon, IL 61938 Property Records

Coles County property record for 7403 Old State Rd, Mattoon, IL 61938

Property Summary

Property Type	Farm - Irrigated or Dry
Lot Size	20 acres (871,200 sqft)
Owner	2 Company Names on Record
Last Sale	$207,000 (Feb 2026)
Tax Bill	$930 (2025)
Deeds & Mortgages	Jun 2026 Mortgage May 2026 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`06-0-00720-000`

Property Details

APN / Parcel Number

Primary APN	`06-0-00720-000`

Exterior

Lot Area	871,200 sqft (20 acres)

Location & Zoning

Street Address	7403 OLD STATE RD
City	MATTOON
State	IL
Zip	61938
Property Category	Agriculture or Farming
Property Type	Agriculture / Farming > Farm - Irrigated or Dry
Legal Description	PT OF SEC 20 #663352
Jurisdiction	COLES IL
Township / Civil Division	LAFAYETTE
Census Block Group	2
Census Block	2042
Census Tract	1000

Owner

Source: Coles County records, as of June 23, 2026

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

Owner of Record	2 Company Names on Record
Mailing Address	25 CAMBRIDGE, MATTOON, IL 61938-8460
Owner Type	Company
Vesting	Trust

Deeds, Mortgages & Sale History

Date	Document
Jun 9, 2026	Deed of Trust, Mortgage · Conventional Mortgage PEOPLES BANK AND TRUST COMPANY
May 4, 2026	Warranty Deed, Transfer NONE LISTED ON DOCUMENT
Jan 4, 2024	Warranty Deed, Transfer · Commercial Mortgage WASHINGTON SAVINGS BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 27, 2026 · Amount on Record
Deed Sale	Feb 27, 2026 · Amount on Record
Deed Document Number	2026821452
Last Transfer Date	May 4, 2026
Transfer Doc	0000822456
Record Updated	Sep 20, 2026

June 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COLES IL
Recording Date	Jun 9, 2026
Property Address	7403 OLD STATE RD, MATTOON, IL 61938
Document Number	0000823046
Instrument Date	Jun 5, 2026
Instrument	2026823046
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company, 103
Address	315 DEWITT AVE E, MATTOON, IL 61938-3462

Mortgage

Document Number	0000823046,
Date	Jun 9, 2026
Instrument	2026823046

Lender

Name	PEOPLES BANK AND TRUST COMPANY

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Dec 1, 2046

Interest

Rate Type	Adjustable Rate
Rate	7.75%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

May 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COLES IL
Recording Date	May 4, 2026
Property Address	7403 OLD STATE RD, MATTOON, IL 61938
Document Number	0000822456
Instrument Date	May 4, 2026
Instrument	2026822456
Transaction Type	Transfer
Record Updated	Aug 28, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Trust
Address	25 CAMBRIDGE, MATTOON, IL 61938-8460

January 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COLES IL
Recording Date	Jan 4, 2024
Property Address	7403 OLD STATE RD, MATTOON, IL 61938
Document Number	202400810191
Instrument Date	Jan 4, 2024
Instrument	202400810191
Transaction Type	Transfer
Record Updated	Feb 29, 2024
Title Company	CRITES TITLE COMPANY

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
Address	315 DEWITT AVE E, MATTOON, IL 61938-3462

Mortgage

Document Number	202400810192
Date	Jan 4, 2024
Instrument	202400810192

Lender

Name	WASHINGTON SAVINGS BANK
Type	Bank
Address	MATTOON, IL 61938

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Jan 4, 2044

Tax Assessment & Valuation

Source: Coles County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Coles County
County Subdivision	Lafayette Township
Municipality	Mattoon City
Unified School District	Mattoon Community Unit School District 2 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$930.00 (+0.76%)	$11,595 (+8.26%) Land $11,595
2024	$923.00 (+27.13%)	$10,710 (+8.12%) Land $10,710
2023		$9,906 (+7.98%) Land $9,906
2022		$9,174 Land $9,174
2020	$726.00		$23,712 Land $23,712

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

Flood

Source: FEMA National Flood Hazard Layer, effective July 18, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	2 (2018)
Most Recent Claim	Apr 2018 · rainfall accumulation

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

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 86% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 System	MATTOON serves 19,500 people · EPA ID IL0290250
Water Source	Surface water
Last State Inspection	Sep 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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 11 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Fidium Fiber Fiber	2,000 / 2,000
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20
GigFire Fixed Wireless	150 / 130
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Nextlink, Watch TV.

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