2503 Rainbow Ave, Bloomington, IL 61704 Property Records

McLean County property record for 2503 Rainbow Ave, Bloomington, IL 61704 · Last verified April 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Bathrooms2 Baths
Year BuiltBuilt 2003
Square Footage1,830 sqft Living Area
Lot Size38,329 sqft (0.88 acres)
OccupancyOwner Occupied
Last Sale$750,000 (2017)
Tax Bill$8,162.00 (2024)

Property Details

APN / Parcel Number

Primary APN14-36-177-030
Alternative APN
  • 1436177029

Interior

Bedrooms3 Beds
Full Baths2 Baths
Total Rooms6 Rooms
Building Area1,830 sqft Living Area
Gross Area2,364 sqft Gross Area
1st Floor1,830 sqft 1st Floor
Stories1 Stories
Primary FlooringCarpet Flooring
Interior StructureWallboard/Drywall Interior Structure
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 2003
Effective Year BuiltEffective 2003
Exterior MaterialAluminum/Vinyl Exterior
Roof MaterialAsphalt Roof
Lot Area38,329 sqft (0.88 acres)
Depth X Width260 ft x 187 ft Depth x Width
Parking Spaces2 Parking Spaces
Garage TypeAttached Garage
Garage Area534 sqft Garage
Deck Area132 sqft Deck
GreenhouseGreenhouse

Utilities and HVAC

Heating SystemForced Air with Air Conditioning Heating
Heating FuelGas Heating Fuel

Location & Zoning

Old Parcel Number1436177029
Street Address2503 RAINBOW AVE
CityBLOOMINGTON
StateIL
Zip61704-2336
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionRESUB LOTS 49 & 50 THE HIGHLANDS SUB - OL A & N 19 LOT 1 THE HIGHLANDS SUB - LOT 67 CONCEPT III SUB - LOT 1
Legal SubdivisionHIGHLANDS SUB
Legal Lot Number49,50
JurisdictionMCLEAN IL
Minor Civil DivisionBLOOMINGTON CITY
Census Blockgroup1
Census Block1007
Census Tract1105

Owner

Source: McLean County records · APN 14-36-177-030

Assessment roll updated April 8, 2026 · Last verified April 2026

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

Owner of Record2 Individual Names on File
Mailing Address2503 RAINBOW AVE, BLOOMINGTON, IL 61704-2336
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingTenant By Entirety

Deeds, Mortgages & Sale History

DateDocument
Jul 15, 2020Deed of Trust, Mortgage · Conventional Mortgage
FIRST STATE MORTGAGE SERVICES LLC
Nov 27, 2017Vendor's Lien, Transfer · Conventional Mortgage
NOT AVAILABLE

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Known Transactions
  • Last Sale Amount on Nov 27, 2017
  • Deed Sale Price on Nov 27, 2017
  • Prior Sale Amount on Apr 06, 2012
Deed Doc Number201721252
Record RefreshedJun 08, 2026

July 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address2503 RAINBOW AVE, BLOOMINGTON, IL 61704-2336
Transaction TypeMortgage
Record UpdatedFeb 05, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202000013136
DateJul 15, 2020
Instrument2020-00013136
Lender
NameFIRST STATE MORTGAGE SERVICES LLC
TypeMortgage Company
AddressBLOOMINGTON, IL 61701
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJul 01, 2050

November 2017: Vendor's Lien, Transfer

Document TypeVendor's Lien
JurisdictionMCLEAN IL
Recording DateNov 27, 2017
Property Address2503 RAINBOW AVE, BLOOMINGTON, IL 61704-2336
Document Number201700021252
Map ReferenceDOC87-10627
Instrument DateOct 08, 2017
Instrument2017-00021252
Transaction TypeTransfer
Record UpdatedFeb 28, 2022

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$375.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenant By Entirety
Address2503 RAINBOW AVE, BLOOMINGTON, IL 61704-2336

Mortgage

Document Number201700021253
DateNov 27, 2017
Instrument2017-00021253
Lender
NameNOT AVAILABLE
Special NotesLender is also the Seller
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueDec 01, 2047
Interest
Rate TypeFixed Rate
Rate4%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
MunicipalityBloomington City
CountyMcLean County
County SubdivisionBloomington City Township
Unified School DistrictMcLean County Unit School District 5 (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$123,150 (+28.77%) Land $43,921 Building $79,229$369,450 (+28.77%) Land $131,763 Building $237,687
2024$8,162.00 (+7.48%)
2023$7,594.00$95,638 Land $34,109 Building $61,529$286,914 Land $102,327 Building $184,587

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