2305 Rainbow Ave, Bloomington, IL 61704 Property Records

McLean County property record for 2305 Rainbow Ave, Bloomington, IL 61704

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 2,160 sqft · built 1977
Lot Size	0.15 acres (6,526 sqft)
Owner	Individual Name on Record
Last Sale	$211,000 (Dec 2024)
Tax Bill	$2,644 (2024)
Deeds & Mortgages	Jul 2022 Line of Credit May 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14-36-151-003`

Property Details

APN / Parcel Number

Primary APN	`14-36-151-003`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	5 Rooms
Building Area	2,160 sqft Living Area
Gross Area	2,418 sqft
1st Floor Area	1,053 sqft
Basement Area	1,053 sqft
Finished Basement	1,053 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1977
Effective Year Built	Effective 1977
Architectural Style	Bi-Level
Exterior Material	Aluminum/Vinyl
Roof Material	Asphalt
Lot Area	6,526 sqft (0.15 acres)
Lot Dimensions	109 ft deep x 57 ft wide
View / Lot	Lake Front
Garage Type	Attached
Garage Area	258 sqft
Parking Spaces	1 Parking Space
Deck Area	64 sqft
Greenhouse	Greenhouse

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	2305 RAINBOW AVE
City	BLOOMINGTON
State	IL
Zip	61704-2331
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R1C
Legal Description	LAKEWOOD ESTATES 1ST ADD LOT 186
Legal Range	02E
Legal Township	24N
Legal Section	36
Legal Subdivision	LAKEWOOD ESTATES
Legal Lot Number	186
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1006
Census Tract	1106

Owner

Source: McLean County records, as of August 18, 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	Individual Name on Record
Mailing Address	2305 RAINBOW AVE, BLOOMINGTON, IL 61704-2331
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Married

Deeds, Mortgages & Sale History

Date	Document
Jul 15, 2022	Deed of Trust, Mortgage · Line of Credit MARINE BANK SPRINGFIELD
May 14, 2021	Deed of Trust, Mortgage · Conventional Mortgage MARINE BANK SPRINGFIELD
Aug 26, 2020	Deed of Trust, Mortgage · Line of Credit IAA CU

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 20, 2024 · Amount on Record
Deed Sale	Dec 20, 2024 · Amount on Record
Deed Document Number	202418531
Record Updated	Sep 20, 2026

July 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	2305 RAINBOW AVE, BLOOMINGTON, IL 61704-2331
Transaction Type	Mortgage
Record Updated	Jul 22, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202200012516
Date	Jul 15, 2022
Instrument	2022-00012516

Lender

Name	MARINE BANK SPRINGFIELD
Type	Bank
Address	SPRINGFIELD, IL 62704

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

May 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	2305 RAINBOW AVE, BLOOMINGTON, IL 61704-2331
Transaction Type	Mortgage
Record Updated	May 27, 2021
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202100011315
Date	May 14, 2021
Instrument	2021-00011315

Lender

Name	MARINE BANK SPRINGFIELD
Type	Bank
Address	SPRINGFIELD, IL 62704

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 1, 2051

August 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	2305 RAINBOW AVE, BLOOMINGTON, IL 61704-2331
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	MCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202000016833
Date	Aug 26, 2020
Instrument	2020-00016833

Lender

Name	IAA CU
Type	Credit Union
Address	BLOOMINGTON, IL 61702

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Aug 25, 2040

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Bloomington City
County	McLean County
County Subdivision	Bloomington City Township
Unified School District	Bloomington School District 87 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$62,181 (+22.03%) Land $13,045 Building $49,136	$186,543 (+22.03%) Land $39,135 Building $147,408
2024	$2,644.00 (-3.01%)
2023	$2,726.00	$50,957 Land $10,691 Building $40,266	$152,871 Land $32,073 Building $120,798

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 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 Risk	Not rated no burnable land within 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	BLOOMINGTON serves 79,000 people · EPA ID IL1130200
Water Source	Surface water
Last State Inspection	Aug 2023
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 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 386 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20
Watch TV Fixed Wireless	100 / 20

May also be available: Frontier, Pavlov Media.

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