407 S Walnut St, Arrowsmith, IL 61722 Property Records

McLean County property record for 407 S Walnut St, Arrowsmith, IL 61722 · Last verified April 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bathrooms	1.5 Baths
Year Built	Built 1921
Square Footage	1,201 sqft Living Area
Lot Size	16,552 sqft (0.38 acres)
Garage	Detached, 720 sqft
Occupancy	Owner Occupied
Last Sale	$75,000 (2020)
Tax Bill	$1,328.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`24-15-309-006`

Interior

Full Baths	1.5 Baths
Partial Baths	1 Partial Baths
Building Area	1,201 sqft Living Area
1st Floor	1,201 sqft 1st Floor
Stories	1 Stories

Exterior

Year Built	Built 1921
Effective Year Built	Effective 1921
Exterior Material	Aluminum/Vinyl Exterior
Construction Type	Frame Construction
Lot Area	16,552 sqft (0.38 acres)
Parking Spaces	3 Parking Spaces
Garage Type	Detached Garage
Garage Area	720 sqft Garage

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Street Address	407 S WALNUT ST
City	ARROWSMITH
State	IL
Zip	61722-7537
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	BEG SW COR L2 BLK 4 HURTS ADD E 130, S90, E130.3, S18.5, W140, SWLY 15.93, W7.5, NWLY 15.93, W92.3, N108.5, PT NW SW 15-23-5E .38 ACRES
Legal Range	05E
Legal Township	23N
Legal Section	15
Legal Subdivision	HURTS ADD
Legal Block	4
Legal Lot Number	2
Jurisdiction	MCLEAN IL
Minor Civil Division	ARROWSMITH
Census Blockgroup	1
Census Block	1053
Census Tract	5602

Owner

Source: McLean County records · APN 24-15-309-006

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 Record	Individual Name on File
Mailing Address	407 S WALNUT ST, ARROWSMITH, IL 61722-7537
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Known Transactions	Last Sale Amount on Sep 25, 2020 Deed Sale Price on Sep 25, 2020 Prior Sale Amount on Jun 04, 2015
Deed Doc Number	202019655
Record Refreshed	Jun 08, 2026

September 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Sep 25, 2020
Property Address	407 S WALNUT ST, ARROWSMITH, IL 61722-7537
Document Number	202000019655
Instrument Date	Sep 11, 2020
Instrument	2020-00019655
Transaction Type	Transfer
Record Updated	May 12, 2021
Title Company	ALLIANCE LAND TITLE

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$112.50
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	407 S WALNUT ST, ARROWSMITH, IL 61722-7537

Mortgage

Document Number	202000019656
Date	Sep 25, 2020
Instrument	2020-00019656

Lender

Name	FIRST STATE MORTGAGE SERVICES LLC
Type	Mortgage Company

Agreement

Type	Veterans Administration Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Oct 01, 2050

Interest

Rate Type	Fixed Rate
Rate	2.25%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Arrowsmith Village
County	McLean County
County Subdivision	Arrowsmith Township
Unified School District	Ridgeview Community Unit School District 19 (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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$30,033 (+20.57%) Land $5,597 Building $24,436	$90,099 (+20.57%) Land $16,791 Building $73,308
2024	$1,328.00 (-21.23%)
2023	$1,686.00	$24,909 Land $4,642 Building $20,267	$74,727 Land $13,926 Building $60,801