1520 Rachael Ln, Waterloo, IL 62298 Property Records

Monroe County property record for 1520 Rachael Ln, Waterloo, IL 62298 · Last verified July 2026

Property Summary

Property Type	Single Family Home
Details	3 bd · 4 ba · 1,664 sqft · built 2012
Lot Size	0.29 acres (12,632 sqft)
Owner	2 Individual Names on File
Tax Bill	$6,098 (2024)
Deeds & Mortgages	Jun 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`07-12-334-034-000`

Property Details

APN / Parcel Number

Primary APN	`07-12-334-034-000`

Interior

Bedrooms	3 Beds
Full Baths	4 Baths
Stories	1 Story
Building Area	1,664 sqft Living Area
1st Floor Area	1,664 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2012
Effective Year Built	Effective 2012
Lot Area	12,632 sqft (0.29 acres)
Garage Area	576 sqft
Porch	Porch
Porch Area	232 sqft
Patio Area	168 sqft

Utilities, Heating & Cooling

Cooling System	Central

Location & Zoning

Street Address	1520 RACHAEL LN
City	WATERLOO
State	IL
Zip	62298-5588
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 34 ROSE MEADOWS PHASE 2
Legal Range	10W
Legal Township	02S
Legal Section	12
Legal Subdivision	ROSE MEADOWS
Legal Lot Number	34
Jurisdiction	MONROE IL
Township / Civil Division	30
Census Block Group	2
Census Block	2053
Census Tract	600402

Owner

Source: Monroe County records · APN 07-12-334-034-000

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	1520 RACHAEL LN, WATERLOO, IL 62298-5588
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Record Updated	Sep 20, 2026

June 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONROE IL
Property Address	1520 RACHAEL LN, WATERLOO, IL 62298-5588
Transaction Type	Mortgage
Record Updated	Feb 05, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000408402
Date	Jun 03, 2020
Instrument	408402

Lender

Name	FIRST NATIONAL BANK WATERLOO
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Jun 01, 2035

Interest

Rate Type	Fixed Rate

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 and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$115,810 (+25.2%) Land $16,840 Building $98,970	$347,430 (+25.2%) Land $50,520 Building $296,910
2024	$6,098.00
2022	Additional exemption filed	$92,500 Land $15,450 Building $77,050	$277,500 Land $46,350 Building $231,150

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Monroe County (17133C), updated August 18, 2025 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 171336004022, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Flood Insurance Cost	Premium on Record median of 1 individual NFIP policies nearby
Nearby Flood Policies	1 in force 1 of 1 on primary residences
Nearby Flood Claims	263 (1993–2019)
Most Recent Claim	Jun 2019, river or lake flooding, Severe Storms And Flooding
Flood Events	Severe Storms And Flooding (Jun 2019), 9 claims Severe Storms & Flooding (Oct 1993), 252 claims

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; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.