2407 Rainbow Ave, Bloomington, IL 61704 Property Records

McLean County property record for 2407 Rainbow Ave, Bloomington, IL 61704

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,868 sqft · built 1978
Lot Size0.152 acres (6,631 sqft)
OwnerIndividual Name on Record
Last Sale$139,000 (Aug 2008)
Tax Bill$4,503 (2024)
Deeds & MortgagesMay 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN14-36-151-013

Property Details

APN / Parcel Number

Primary APN14-36-151-013

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms5 Rooms
Building Area1,868 sqft Living Area
Gross Area2,106 sqft
1st Floor Area1,067 sqft
Basement Area765 sqft
Finished Basement765 sqft
FlooringCarpet
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1978
Effective Year BuiltEffective 1978
Architectural StyleBi-Level
Exterior MaterialAluminum/Vinyl
Foundation TypeBlock
Roof MaterialAsphalt
Lot Area6,631 sqft (0.152 acres)
Lot Dimensions125 ft deep x 55 ft wide
View / LotLake Front
Garage TypeAttached
Garage Area238 sqft
Parking Spaces1 Parking Space
Deck Area120 sqft
GreenhouseGreenhouse

Utilities, Heating & Cooling

Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address2407 RAINBOW AVE
CityBLOOMINGTON
StateIL
Zip61704-2333
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR1C
Legal DescriptionLAKEWOOD ESTATES SUB 1ST ADD LOT 196
Legal Range02E
Legal Township24N
Legal Section36
Legal SubdivisionLAKEWOOD ESTATES
Legal Lot Number196
JurisdictionMCLEAN IL
Township / Civil DivisionBLOOMINGTON CITY
Census Block Group1
Census Block1006
Census Tract1106

Owner

Source: McLean County records, as of October 20, 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 Address2407 RAINBOW AVE, BLOOMINGTON, IL 61704-2333
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 28, 2008 · Amount on Record
Deed SaleAug 28, 2008 · Amount on Record
Deed Document Number200823487
Last Transfer DateFeb 19, 2013
Transfer Doc0000029255
Record UpdatedOct 29, 2026

May 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateMay 27, 2021
Property Address2407 RAINBOW AVE, BLOOMINGTON, IL 61704-2333
Document Number202100012578
Map ReferenceDOC 77-7659
Instrument DateMay 17, 2021
Instrument2021-00012578
Transaction TypeTransfer
Record UpdatedJun 10, 2021
Title CompanyALLIANCE LAND TITLE

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$231.75
Amount AccuracyRounded by County
Additional
  • Lis Pendens
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2407 RAINBOW AVE, BLOOMINGTON, IL 61704-2333

Mortgage

Document Number202100012579
DateMay 27, 2021
Instrument2021-00012579
Lender
NameFIRST STATE MORTGAGE SERVICES LLC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueJun 1, 2051
Interest
Rate TypeFixed Rate
Rate3.75%

Mortgage

Document Number202100012580
DateMay 27, 2021
Instrument2021-00012580
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$66,913 (+22.03%) Land $13,175 Building $53,738$200,739 (+22.03%) Land $39,525 Building $161,214
2024$4,503.00 (+10.34%)
2023$4,081.00$54,833 Land $10,796 Building $44,037$164,499 Land $32,388 Building $132,111

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
Nearest Special Flood Hazard AreaZone AE, within 500 ft
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 RiskNot 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 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 386 locations within half a mile, as of December 31, 2025

ProviderMax 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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