502 E Wood St, Colfax, IL 61728 Property Records

McLean County property record for 502 E Wood St, Colfax, IL 61728

Property Summary

Property Type	Single Family Home
Details	1 ba · 1,424 sqft · built 1900
Lot Size	0.35 acres (15,246 sqft)
Owner	2 Individual Names on Record
Tax Bill	$1,517 (2024)
Deeds & Mortgages	Dec 2023 Transfer Nov 2023 Transfer
Flood Zone	Zone X (minimal risk)
APN	`17-02-307-001`

Property Details

APN / Parcel Number

Primary APN	`17-02-307-001`

Interior

Full Baths	1 Bath
Stories	1 Story
Building Area	1,424 sqft Living Area
1st Floor Area	1,424 sqft

Exterior

Year Built	Built 1900
Effective Year Built	Effective 1900
Exterior Material	Wood Siding
Construction Type	Frame
Foundation Type	No Foundation
Roof Material	Asphalt
Lot Area	15,246 sqft (0.35 acres)
Garage Type	Detached
Garage Area	720 sqft
Parking Spaces	3 Parking Spaces
Porch	Enclosed Frame Porch

Utilities, Heating & Cooling

Heating System	HVAC

Location & Zoning

Street Address	502 E WOOD ST
City	COLFAX
State	IL
Zip	61728-9221
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	WOODS 1ST ADD TO WOODLAWN PT SW 2-24-5E W96 LOT 3
Legal Range	05E
Legal Township	24N
Legal Section	02
Legal Subdivision	WOODS 1ST ADD
Legal Lot Number	3
Jurisdiction	MCLEAN IL
Township / Civil Division	MARTIN
Census Block Group	1
Census Block	1030
Census Tract	5601

Owner

Source: McLean County records, as of April 8, 2026

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

Owner of Record	2 Individual Names on Record
Mailing Address	502 E WOOD ST, COLFAX, IL 61728-9221
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Life Estate

Deeds, Mortgages & Sale History

Date	Document
Dec 5, 2023	Intrafamily Transfer, Transfer ACCOMODATION, ACCOMMODATION
Nov 29, 2023	Intrafamily Transfer, Transfer ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Transfer Date	Dec 1, 2023
Transfer Doc	0000016554
Record Updated	Jun 8, 2026

December 2023: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	MCLEAN IL
Recording Date	Dec 5, 2023
Property Address	502 E WOOD ST, COLFAX, IL 61728-9221
Document Number	202300016554
Instrument Date	Dec 1, 2023
Instrument	2023-00016554
Transaction Type	Transfer
Record Updated	Dec 13, 2023
Title Company	ACCOMODATION, ACCOMMODATION

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	502 E WOOD ST, COLFAX, IL 61728-9221

November 2023: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	MCLEAN IL
Recording Date	Nov 29, 2023
Property Address	502 E WOOD ST, COLFAX, IL 61728-9221
Document Number	202300016300
Instrument Date	Sep 22, 2023
Instrument	2023-00016300
Transaction Type	Transfer
Record Updated	Dec 8, 2023
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	502 E WOOD ST, COLFAX, IL 61728-9221

Tax Assessment & Valuation

Source: McLean County assessment roll, as of April 8, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	McLean County
County Subdivision	Martin Township
Unified School District	Ridgeview Community Unit School District 19 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$34,702 (+20.11%) Land $4,338 Building $30,364	$104,106 (+20.11%) Land $13,014 Building $91,092
2024	$1,517.00 (+1.81%)
2023	$1,490.00 (+16.13%)	$28,891 (+10.11%) Land $3,612 Building $25,279	$86,673 (+10.11%) Land $10,836 Building $75,837
2022	$1,283.00	$26,238 Land $3,280 Building $22,958	$78,714 Land $9,840 Building $68,874

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 27, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	6 in force
Nearby Flood Claims	9 (1982–2020)
Claims Outside the SFHA	1 of 9
Most Recent Claim	May 2020 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 116 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Conxxus Fiber	2,000 / 2,000
Mediacom Xtream Cable	1,000 / 50
Wireless Data Net Fixed Wireless	400 / 25
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Nextlink.

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