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501 Raef Rd, Downs, IL 61736 Property Records

McLean County property record for 501 Raef Rd, Downs, IL 61736 · Last verified April 2026

Property Highlights

Property TypeResidential > Single Family > Home
Year BuiltBuilt 2016
Square Footage1,832 sqft Living Area
Lot Size12,196 sqft (0.28 acres)
OccupancyOwner Occupied
Last Sale$352,500 (2020)
Tax Bill$8,498.00 (2021)

Property Details

APN / Parcel Number

Primary APN22-32-479-006

Interior

Building Area1,832 sqft Living Area
Stories2 Stories

Exterior

Year BuiltBuilt 2016
Effective Year BuiltEffective 2016
Exterior MaterialAluminum/Vinyl Exterior
Lot Area12,196 sqft (0.28 acres)

Location & Zoning

Street Address501 RAEF RD
CityDOWNS
StateIL
Zip61736-2011
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionBEECHER TRAILS SUB LOT 23
Legal SubdivisionBEECHER TRAILS SUB
Legal Lot Number23
JurisdictionMCLEAN IL
Minor Civil DivisionOLD TOWN
Census Blockgroup2
Census Block2019
Census Tract5401

Owner

Source: McLean County records · APN 22-32-479-006

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 Record2 Individual Names on File
Mailing Address501 RAEF RD, DOWNS, IL 61736-2011
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingTenant By Entirety

Deeds, Mortgages & Sale History

DateDocument
Jan 09, 2026Deed of Trust, Mortgage · Veterans Administration Mortgage
ROCKET MORTGAGE LLC
Aug 11, 2022Deed of Trust, Mortgage · Veterans Administration Mortgage
MORTGAGE RESEARCH CENTER LLC
Oct 19, 2020Warranty Deed, Transfer · Veterans Administration Mortgage
WELLS FARGO BANK NA
Jan 27, 2017Warranty Deed, Transfer · Conventional Mortgage
STATE FARM BANK FSB

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleOct 19, 2020 · Amount on Record
Deed SaleOct 19, 2020 · Amount on Record
Prior SaleJan 27, 2017 · Amount on Record
Deed Doc Number202022118
Record RefreshedJun 08, 2026

January 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address501 RAEF RD, DOWNS, IL 61736-2011
Transaction TypeMortgage
Record UpdatedJan 21, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address501 RAEF RD, DOWNS, IL 61736-2011
InvestorPossibly a Property Investor

Mortgage

Document Number202600000488
DateJan 09, 2026
Instrument2026-00000488
Lender
NameROCKET MORTGAGE LLC
TypeMortgage Company
AddressDETROIT, MI 48226
Agreement
TypeVeterans Administration Mortgage
AmountAmount Recorded
Term360 Months
DueJan 01, 2056
Interest
Rate5.99%

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address501 RAEF RD, DOWNS, IL 61736-2011
Transaction TypeMortgage
Record UpdatedAug 19, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202200014238
DateAug 11, 2022
Instrument2022-00014238
Lender
NameMORTGAGE RESEARCH CENTER LLC
TypeMortgage Company
AddressCOLUMBIA, MO 65203
Agreement
TypeVeterans Administration Mortgage
AmountAmount Recorded
Term361 Months
DueSep 01, 2052
Interest
Rate TypeFixed Rate
Rate5.5%

October 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateOct 19, 2020
Property Address501 RAEF RD, DOWNS, IL 61736-2011
Document Number202000022118
Map ReferenceDOC 2015-00003993
Instrument DateOct 06, 2020
Instrument2020-00022118
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyILLINOIS TITLE GROUP LLC

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$528.75
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenant By Entirety
Address501 RAEF RD, DOWNS, IL 61736-2011
InvestorPossibly a Property Investor

Mortgage

Document Number202000022119
DateOct 19, 2020
Instrument2020-00022119
Lender
NameWELLS FARGO BANK NA
TypeBank
Agreement
TypeVeterans Administration Mortgage
AmountAmount Recorded
Term361 Months
DueNov 01, 2050

January 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateJan 27, 2017
Property Address501 RAEF RD, DOWNS, IL 61736-2011
Document Number201700001810
Map ReferenceDOC2015-3993
Instrument DateJan 18, 2017
Instrument2017-00001810
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyALLIANCE LAND TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$535.50
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address501 RAEF RD, DOWNS, IL 61736-2011

Mortgage

Document Number201700001811
DateJan 27, 2017
Instrument2017-00001811
Lender
NameSTATE FARM BANK FSB
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueFeb 01, 2047

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$173,408 (+33.71%) Land $30,861 Building $142,547$520,224 (+33.71%) Land $92,583 Building $427,641
2023$129,685 (+6.6%) Land $26,713 Building $102,972$389,055 (+6.6%) Land $80,139 Building $308,916
2022$121,656 Land $25,059 Building $96,597$364,968 Land $75,177 Building $289,791
2021$8,498.00 (-17.46%)
2019$10,295.00

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