21997 E 500 N Rd, Downs, IL 61736 Property Records

McLean County property record for 21997 E 500 N Rd, Downs, IL 61736 · Last verified August 2026

Property Highlights

Property Type	Agriculture / Farming > Farm - Irrigated or Dry
Year Built	Built 1905
Square Footage	816 sqft Total Area
Lot Size	396,831 sqft (9.11 acres)
Last Sale	$150,000 (2018)
Tax Bill	$7,615.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`29-22-200-009`

Interior

Building Area	816 sqft Total Area
Stories	1 Stories

Exterior

Year Built	Built 1905
Effective Year Built	Effective 1905
Exterior Material	Wood Siding Exterior
Lot Area	396,831 sqft (9.11 acres)

Location & Zoning

Street Address	21997 E 500 NORTH RD
City	DOWNS
State	IL
Zip	61736-9468
Property Usage	Agriculture or Farming Property Usage
Type	Agriculture / Farming > Farm - Irrigated or Dry
Legal Description	SEC 22-22-3E BEG NE COR NE: S1116, W478, N539, E218, N583, E247 TO POB
Legal Range	03E
Legal Township	22N
Legal Section	22
Jurisdiction	MCLEAN IL
Minor Civil Division	DOWNS
Census Blockgroup	2
Census Block	2083
Census Tract	5402

Owner

Source: McLean County records · APN 29-22-200-009

Assessment roll updated April 8, 2026 · Last verified August 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	14329 PRAIRIE CENTER RD, CLINTON, IL 61727-9164
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Date	Document
Sep 19, 2022	Deed of Trust, Mortgage · Line of Credit IAA CU
Sep 21, 2021	Deed of Trust, Mortgage · Conventional Mortgage IAA CU
Mar 28, 2019	Deed of Trust, Mortgage · Line of Credit IAA CU
Jul 30, 2018	Warranty Deed, Transfer · Adjustable Rate Mortgage (ARM) IAA CU

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Known Transactions	Last Sale Amount on Jul 30, 2018 Deed Sale Price on Jul 30, 2018
Deed Doc Number	201812218
Last Transfer Date	Feb 24, 2025
Transfer Doc	0000002550
Record Refreshed	Sep 20, 2026

September 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	21997 E 500 NORTH RD, DOWNS, IL 61736-9468
Transaction Type	Mortgage
Record Updated	Sep 27, 2022
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202200016713
Date	Sep 19, 2022
Instrument	2022-00016713

Lender

Name	IAA CU
Type	Credit Union
Address	BLOOMINGTON, IL 61702

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Sep 18, 2042

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly (Revolving credit lines are monthly unless stated otherwise).

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	21997 E 500 NORTH RD, DOWNS, IL 61736-9468
Transaction Type	Mortgage
Record Updated	Aug 05, 2022
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202100022656
Date	Sep 21, 2021
Instrument	2021-00022656

Lender

Name	IAA CU
Type	Credit Union
Address	BLOOMINGTON, IL 61701

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Oct 01, 2051

March 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	21997 E 500 NORTH RD, DOWNS, IL 61736-9468
Transaction Type	Mortgage
Record Updated	Aug 05, 2022
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201900004421
Date	Mar 28, 2019
Instrument	2019-00004421

Lender

Name	IAA CU
Type	Credit Union
Address	BLOOMINGTON, IL 61702

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Mar 27, 2039

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly (Revolving credit lines are monthly unless stated otherwise).

July 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Jul 30, 2018
Property Address	21997 E 500 NORTH RD, DOWNS, IL 61736-9468
Document Number	201800012218
Instrument Date	Aug 17, 2016
Instrument	2018-00012218
Transaction Type	Transfer
Record Updated	Aug 05, 2022
Title Company	MCLEAN COUNTY TITLE, MCCLEAN COUNTY TITLE

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$225.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenant By Entirety
Address	21997 E 500 NORTH RD, DOWNS, IL 61736-9468

Mortgage

Document Number	201800012219
Date	Jul 30, 2018
Instrument	2018-00012219

Lender

Name	IAA CU
Type	Credit Union

Agreement

Type	Adjustable Rate Mortgage (ARM)
Amount	Amount Recorded
Term	361 Months
Due	Aug 01, 2048

Interest

Rate Type	Adjustable Rate
Rate	3.76%
Type Change Date	Aug 01, 2023
Change Frequency	Annually
Min Rate At Change	2.25%
Max Rate At Change	8.75%
Index	1-Year LIBOR
Max Rate	8.75%

Tax Assessment & Valuation

Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Illinois
County	McLean County
County Subdivision	Downs Township
Unified School District	Tri-Valley Community Unit School District 3 (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		$99,997 (+14.76%) Land $13,696 Building $86,301	$299,991 (+14.76%) Land $41,088 Building $258,903
2024	$7,615.00 (+11.07%)
2023	$6,856.00	$87,132 Land $11,467 Building $75,665	$261,396

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