1505 Rachael Ln, Waterloo, IL 62298 Property Records

Monroe County property record for 1505 Rachael Ln, Waterloo, IL 62298 · Last verified July 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	5 Baths
Year Built	Built 2015
Square Footage	1,588 sqft Living Area
Lot Size	12,197 sqft (0.28 acres)
Garage	546 sqft
Occupancy	Owner Occupied
Tax Bill	$5,963.00 (2024)

Owner

Source: Monroe County records · APN 07-12-334-025-000

Assessment roll updated August 29, 2025 · Last verified July 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 File
Mailing Address	1505 RACHAEL LN, WATERLOO, IL 62298-5536
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Transfer Date	Jun 15, 2023
Transfer Doc	0000429481
Record Refreshed	Sep 20, 2026

June 2023: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	MONROE IL
Recording Date	Jun 21, 2023
Property Address	1505 RACHAEL LN, WATERLOO, IL 62298-5536
Document Number	0000429481
Instrument Date	Jun 15, 2023
Instrument	429481
Transaction Type	Transfer
Record Updated	Jul 19, 2023
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Interfamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1505 RACHAEL LN, WATERLOO, IL 62298-5536

Tax Assessment & Valuation

Source: Monroe County records · Assessment roll updated August 29, 2025 · Last verified July 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Monroe County
Municipality	Waterloo City
Unified School District	Waterloo Community Unit School District 5 (PK - 12)

Tax Bill & Assessment History

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$118,760 (+26.43%) Land $16,790 Building $101,970	$356,280 (+26.43%) Land $50,370 Building $305,910
2024	$5,963.00
2022	Homeowner's exemption Additional exemption filed	$93,930 (+5.23%) Land $15,410 Building $78,520	$281,790 (+5.23%) Land $46,230 Building $235,560
2021	Homeowner's exemption Additional exemption filed	$89,260 Land $13,010 Building $76,250	$267,780 Land $39,030 Building $228,750

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Monroe County (17133C), updated August 18, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Property Details

APN / Parcel Number

Primary APN	`07-12-334-025-000`

Interior

Bedrooms	3 Beds
Full Baths	5 Baths
Building Area	1,588 sqft Living Area
1st Floor	1,588 sqft 1st Floor
Basement Area	1,588 sqft Basement
Unfinished Basement	1,588 sqft Unfinished
Stories	1 Stories

Exterior

Year Built	Built 2015
Effective Year Built	Effective 2015
Lot Area	12,197 sqft (0.28 acres)
Garage Area	546 sqft Garage
Patio Area	208 sqft Patio
Porch	1 Porch
Porch Area	294 sqft Porch

Utilities and HVAC

Cooling System	Central Cooling

Location & Zoning

Street Address	1505 RACHAEL LN
City	WATERLOO
State	IL
Zip	62298-5536
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LOT 25 ROSE MEADOWS PHASE 2
Legal Range	10W
Legal Township	02S
Legal Section	12
Legal Subdivision	ROSE MEADOWS
Legal Lot Number	25
Jurisdiction	MONROE IL
Minor Civil Division	30
Census Blockgroup	2
Census Block	2054
Census Tract	600402