408 Raef Rd, Downs, IL 61736 Property Records

McLean County property record for 408 Raef Rd, Downs, IL 61736 · Last verified April 2026

Property Highlights

Property TypeResidential > Single Family > Home
Year BuiltBuilt 2015
Square Footage1,593 sqft Living Area
Lot Size10,018 sqft (0.23 acres)
OccupancyOwner Occupied
Last Sale$282,500 (2015)
Tax Bill$10,033.00 (2024)

Property Details

APN / Parcel Number

Primary APN22-32-480-007

Interior

Building Area1,593 sqft Living Area
1st Floor1,593 sqft 1st Floor
Stories1 Stories

Exterior

Year BuiltBuilt 2015
Effective Year BuiltEffective 2015
Lot Area10,018 sqft (0.23 acres)

Location & Zoning

Street Address408 RAEF RD
CityDOWNS
StateIL
Zip61736-2008
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionBEECHER TRAILS SUB LOT 7
Legal SubdivisionBEECHER TRAILS SUB
Legal Lot Number7
JurisdictionMCLEAN IL
Minor Civil DivisionOLD TOWN
Census Blockgroup2
Census Block2018
Census Tract5401

Owner

Source: McLean County records · APN 22-32-480-007

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 RecordIndividual Name on File
Mailing Address408 RAEF RD, DOWNS, IL 61736-2008
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Sep 17, 2025Deed of Trust, Mortgage · Stand Alone Second Mortgage
FLANAGAN STATE BANK
Jan 20, 2022Intrafamily Transfer, Transfer · Conventional Mortgage
FLANAGAN STATE BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 02, 2015 · Amount on Record
Deed SaleDec 02, 2015 · Amount on Record
Deed Doc Number201522538
Last Transfer DateJan 20, 2022
Transfer Doc0000001201
Record RefreshedJun 08, 2026

September 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address408 RAEF RD, DOWNS, IL 61736-2008
Transaction TypeMortgage
Record UpdatedSep 29, 2025
Title CompanyUNKNOWN, FTC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202500012883
DateSep 17, 2025
Instrument2025-00012883
Lender
NameFLANAGAN STATE BANK
TypeBank
AddressPAW PAW, IL 61353
Agreement
TypeStand Alone Second Mortgage
AmountAmount Recorded
Term62 Months
DueNov 01, 2030
Interest
Rate TypeFixed Rate
Rate8.6%

January 2022: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionMCLEAN IL
Recording DateJan 20, 2022
Property Address408 RAEF RD, DOWNS, IL 61736-2008
Document Number202200001201
Instrument DateJan 20, 2022
Instrument2022-00001201
Transaction TypeTransfer
Record UpdatedJan 31, 2022
Title CompanyNOT AVAILABLE, FTC

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Interfamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address408 RAEF RD, DOWNS, IL 61736-2008

Mortgage

Document Number202200001202
DateJan 20, 2022
Instrument2022-00001202
Lender
NameFLANAGAN STATE BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJan 01, 2052
Interest
Rate TypeFixed Rate
Rate3.25%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyMcLean County
County SubdivisionOld Town Township
MunicipalityDowns Village
Unified School DistrictTri-Valley Community Unit School District 3 (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$127,185 (+15.53%) Land $30,861 Building $96,324$381,555 (+15.53%) Land $92,583 Building $288,972
2024$10,033.00 (+12.23%)
2023$8,940.00 (+6.99%)$110,090 (+6.6%) Land $26,713 Building $83,377$330,270 (+6.6%) Land $80,139 Building $250,131
2022$8,356.00$103,274 Land $25,059 Building $78,215$309,822 Land $75,177 Building $234,645

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