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2205 Rainbow Ave, Bloomington, IL 61704 Property Records

McLean County property record for 2205 Rainbow Ave, Bloomington, IL 61704

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 2,112 sqft · built 1978
Lot Size0.126 acres (5,499 sqft)
OwnerIndividual Name on Record
Last Sale$138,500 (Nov 2020)
Tax Bill$3,843 (2024)
Deeds & MortgagesNov 2020 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN14-35-277-021

Property Details

APN / Parcel Number

Primary APN14-35-277-021

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms5 Rooms
Building Area2,112 sqft Living Area
Gross Area2,412 sqft
1st Floor Area1,112 sqft
Basement Area1,059 sqft
Finished Basement1,000 sqft
Unfinished Basement59 sqft
FlooringCarpet
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1978
Effective Year BuiltEffective 1978
Architectural StyleBi-Level
Exterior MaterialAluminum/Vinyl
Roof MaterialAsphalt
Lot Area5,499 sqft (0.126 acres)
Lot Dimensions110 ft deep x 50 ft wide
View / LotLake Front
Garage TypeAttached
Garage Area241 sqft
Parking Spaces1 Parking Space
Deck Area276 sqft
GreenhouseGreenhouse

Utilities, Heating & Cooling

Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address2205 RAINBOW AVE
CityBLOOMINGTON
StateIL
Zip61704-2329
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR1C
Legal DescriptionLAKEWOOD ESTATES 1ST ADD LOT 113
Legal Range02E
Legal Township24N
Legal Section35
Legal SubdivisionLAKEWOOD ESTATES
Legal Lot Number113
JurisdictionMCLEAN IL
Township / Civil DivisionBLOOMINGTON CITY
Census Block Group1
Census Block1007
Census Tract1106

Owner

Source: McLean County records, as of April 8, 2026

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

Owner of RecordIndividual Name on Record
Mailing Address2205 RAINBOW AVE, BLOOMINGTON, IL 61704-2329
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 12, 2020 · Amount on Record
Deed SaleNov 12, 2020 · Amount on Record
Prior SaleDec 12, 2014 · Amount on Record
Deed Document Number202024580
Record UpdatedJun 8, 2026

November 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateNov 12, 2020
Property Address2205 RAINBOW AVE, BLOOMINGTON, IL 61704-2329
Document Number202000024580
Map ReferenceDOC 77-7659
Instrument DateOct 30, 2020
Instrument2020-00024580
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyFTC

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$207.75
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2205 RAINBOW AVE, BLOOMINGTON, IL 61704-2329

Mortgage

Document Number202000024581
DateNov 12, 2020
Instrument2020-00024581
Lender
NameFIRST STATE MORTGAGE SERVICES LLC
TypeMortgage Company
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term360 Months
DueNov 1, 2050
Interest
Rate TypeFixed Rate
Rate3%

Mortgage

Document Number202000024582
DateNov 12, 2020
Instrument2020-00024582
Lender
NameILLINOIS HOUSING DEVELOPMENT AUTHORITY
TypeGovernment Agency
AddressCHICAGO, IL 60601
Agreement
TypeStand-Alone Second Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: McLean County assessment roll, as of April 8, 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityBloomington City
CountyMcLean County
County SubdivisionBloomington City Township
Unified School DistrictBloomington School District 87 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$58,069 (+22.03%) Land $11,782 Building $46,287$174,207 (+22.03%) Land $35,346 Building $138,861
2024$3,843.00 (+10.59%)
2023$3,475.00$47,587 Land $9,656 Building $37,931$142,761 Land $28,968 Building $113,793

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 June 27, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force

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 RiskLow
lower than 99.1% of the US · lower than 94% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 SystemBLOOMINGTON
serves 79,000 people · EPA ID IL1130200
Water SourceSurface water
Last State InspectionAug 2023
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 150 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber		5,120 / 5,120
Xfinity
Cable		2,000 / 250
Verizon
Fixed Wireless		300 / 20
T-Mobile
Fixed Wireless		100 / 20
AT&T
Fixed Wireless		100 / 20

May also be available: Pavlov Media, Watch TV.

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