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2603 Rainbow Ave, Bloomington, IL 61704 Property Records

McLean County property record for 2603 Rainbow Ave, Bloomington, IL 61704 · Last verified April 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Bathrooms2.5 Baths
Year BuiltBuilt 1989
Square Footage2,343 sqft Living Area
Lot Size8,602 sqft (0.198 acres)
OccupancyOwner Occupied
Last Sale$185,500 (2021)
Tax Bill$5,445.00 (2024)

Property Details

APN / Parcel Number

Primary APN14-36-177-005

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Partial Baths1 Partial Baths
Total Rooms7 Rooms
Building Area2,343 sqft Living Area
1st Floor1,316 sqft 1st Floor
Basement Area933 sqft Basement
Finished Basement933 sqft Finished
Primary FlooringCarpet Flooring
Interior StructureWallboard/Drywall Interior Structure
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1989
Effective Year BuiltEffective 1989
Architectural StyleBi-Level Style
Exterior MaterialAluminum/Vinyl Exterior
Roof MaterialAsphalt Roof
Lot Area8,602 sqft (0.198 acres)
Depth X Width114 ft x 75 ft Depth x Width
Parking Spaces2 Parking Spaces
Garage Area552 sqft Garage
Deck Area180 sqft Deck
GreenhouseGreenhouse

Utilities and HVAC

Heating SystemForced Air with Air Conditioning Heating
Heating FuelGas Heating Fuel

Location & Zoning

Street Address2603 RAINBOW AVE
CityBLOOMINGTON
StateIL
Zip61704-8101
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionTHE HIGHLANDS SUB LOT 63
Legal Range02E
Legal Township24N
Legal Section36
Legal SubdivisionHIGHLANDS SUB
Legal Lot Number63
JurisdictionMCLEAN IL
Minor Civil DivisionBLOOMINGTON CITY
Census Blockgroup1
Census Block1006
Census Tract1105

Owner

Source: McLean County records · APN 14-36-177-005

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 Address2603 RAINBOW AVE, BLOOMINGTON, IL 61704-8101
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingJoint Tenants

Deeds, Mortgages & Sale History

DateDocument
Feb 11, 2021Warranty Deed, Transfer · Conventional Mortgage
FIRST STATE MORTGAGE SERVICES LLC
Aug 16, 2017Warranty Deed, Transfer · Federal Housing Administration (FHA) Mortgage
MORTGAGE SERVICES III LLC

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Known Transactions
  • Last Sale Amount on Feb 11, 2021
  • Deed Sale Price on Feb 11, 2021
  • Prior Sale Amount on Jun 26, 2014
Deed Doc Number20213353
Record RefreshedJun 08, 2026

February 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateFeb 11, 2021
Property Address2603 RAINBOW AVE, BLOOMINGTON, IL 61704-8101
Document Number202100003353
Map ReferenceDOC 87-10627
Instrument DateJan 29, 2021
Instrument2021-00003353
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyNOT AVAILABLE, FTC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$278.25
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address2603 RAINBOW AVE, BLOOMINGTON, IL 61704-8101

Mortgage

Document Number202100003354
DateFeb 11, 2021
Instrument2021-00003354
Lender
NameFIRST STATE MORTGAGE SERVICES LLC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueFeb 01, 2051
Interest
Rate TypeFixed Rate
Rate2.25%

August 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateAug 16, 2017
Property Address2603 RAINBOW AVE, BLOOMINGTON, IL 61704-8101
Document Number201700014876
Map ReferenceDOC87-10627
Instrument DateAug 09, 2017
Instrument2017-00014876
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyMCLEAN COUNTY TITLE

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address336 PINE CT, 336, BENSALEM, PA 19020-4627

Transferred To (Grantee/Buyer)

NameVerified Name
Address2603 RAINBOW AVE, BLOOMINGTON, IL 61704-8101

Mortgage

Document Number201700014877
DateAug 16, 2017
Instrument2017-00014877
Lender
NameMORTGAGE SERVICES III LLC
TypeLending Institution
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded
Term361 Months
DueSep 01, 2047

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 and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$84,446 (+28.76%) Land $20,510 Building $63,936$253,338 (+28.76%) Land $61,530 Building $191,808
2024$5,445.00 (+7.86%)
2023$5,048.00$65,582 Land $15,929 Building $49,653$196,746 Land $47,787 Building $148,959

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