McLean County property record for 502 Raef Rd, Downs, IL 61736 · Last verified April 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Year Built | Built 2017 |
| Square Footage | 1,354 sqft Living Area |
| Lot Size | 10,454 sqft (0.24 acres) |
| Occupancy | Owner Occupied |
| Last Sale | $427,500 (2023) |
| Tax Bill | $9,479.00 (2022) |
| Primary APN | 22-32-480-005 |
|---|
| Building Area | 1,354 sqft Living Area |
|---|---|
| Stories | 2 Stories |
| Year Built | Built 2017 |
|---|---|
| Effective Year Built | Effective 2017 |
| Exterior Material | Aluminum/Vinyl Exterior |
| Lot Area | 10,454 sqft (0.24 acres) |
| Street Address | 502 RAEF RD |
|---|---|
| City | DOWNS |
| State | IL |
| Zip | 61736-2010 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Description | BEECHER TRAILS SUB LOT 5 |
| Legal Subdivision | BEECHER TRAILS SUB |
| Legal Lot Number | 5 |
| Jurisdiction | MCLEAN IL |
| Minor Civil Division | OLD TOWN |
| Census Blockgroup | 2 |
| Census Block | 2018 |
| Census Tract | 5401 |
Source: McLean County records · APN 22-32-480-005
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 Record | Individual Name on File |
|---|---|
| Mailing Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Date | Document |
|---|---|
| Oct 02, 2025 | Intrafamily Transfer, Transfer |
| Jun 23, 2023 | Warranty Deed, Transfer · Veterans Administration Mortgage MORTGAGE RESEARCH CENTER LLC |
| Mar 28, 2017 | Deed of Trust, Mortgage · Commercial Mortgage ILLINOIS NATIONAL BANK |
| May 14, 2020 | Deed of Trust, Mortgage · Conventional Mortgage COMMERCE BANK |
| Apr 02, 2019 | Warranty Deed, Subdivision Related Transfer · Conventional Mortgage COMMERCE BANK |
| Feb 07, 2017 | Corporation Deed, Transfer ATTORNEY ONLY, ATTORNEY |
| Deed Names | Verified Name on Deed |
|---|---|
| Known Transactions |
|
| Deed Doc Number | 20238002 |
| Last Transfer Date | Sep 19, 2025 |
| Transfer Doc | 0000013863 |
| Record Refreshed | Jun 08, 2026 |
| Document Type | Intrafamily Transfer |
|---|---|
| Jurisdiction | MCLEAN IL |
| Recording Date | Oct 02, 2025 |
| Property Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 202500013863 |
| Instrument Date | Sep 19, 2025 |
| Instrument | 2025-00013863 |
| Transaction Type | Transfer |
| Record Updated | Oct 15, 2025 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | Transfer Tax Exempt |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MCLEAN IL |
| Recording Date | Jun 23, 2023 |
| Property Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 202300008002 |
| Map Reference | DOC 2015-3993 |
| Instrument Date | Jun 16, 2023 |
| Instrument | 2023-00008002 |
| Transaction Type | Transfer |
| Record Updated | Jul 11, 2023 |
| Title Company | ALLIANCE LAND TITLE |
| Amount | Amount Recorded |
|---|---|
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $427.50 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenant By Entirety |
| Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 202300008003 |
|---|---|
| Date | Jun 23, 2023 |
| Instrument | 2023-00008003 |
| Name | MORTGAGE RESEARCH CENTER LLC |
|---|---|
| Type | Mortgage Company |
| Type | Veterans Administration Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 361 Months |
| Due | Jul 01, 2053 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 6.62% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MCLEAN IL |
| Property Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Transaction Type | Mortgage |
| Record Updated | Aug 05, 2022 |
| Name | Verified Name |
|---|
| Document Number | 201700005385 |
|---|---|
| Date | Mar 28, 2017 |
| Instrument | 2017-00005385 |
| Name | ILLINOIS NATIONAL BANK |
|---|---|
| Type | Bank |
| Address | SPRINGFIELD, IL 62701 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MCLEAN IL |
| Property Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Transaction Type | Mortgage |
| Record Updated | Aug 05, 2022 |
| Name | Verified Name |
|---|
| Document Number | 202000008563 |
|---|---|
| Date | May 14, 2020 |
| Instrument | 2020-00008563 |
| Name | COMMERCE BANK |
|---|---|
| Type | Bank |
| Address | KANSAS CITY, MO 64106 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 241 Months |
| Due | Jun 01, 2040 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MCLEAN IL |
| Recording Date | Apr 02, 2019 |
| Property Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 201900004596 |
| Map Reference | DOC 2015-3993 |
| Instrument Date | Mar 11, 2019 |
| Instrument | 2019-00004596 |
| Transaction Type | Subdivision Related Transfer |
| Record Updated | Aug 05, 2022 |
| Title Company | ALLIANCE LAND TITLE |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $490.50 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 00000 |
| Name | Verified Name |
|---|---|
| Relationship | Tenant By Entirety |
| Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 201900004598 |
|---|---|
| Date | Apr 02, 2019 |
| Instrument | 2019-00004598 |
| Name | COMMERCE BANK |
|---|---|
| Type | Bank |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Apr 01, 2049 |
| Document Type | Corporation Deed |
|---|---|
| Jurisdiction | MCLEAN IL |
| Recording Date | Feb 07, 2017 |
| Property Address | 502 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 201700002513 |
| Map Reference | DOC2015-3993 |
| Instrument Date | Jan 31, 2017 |
| Instrument | 2017-00002513 |
| Transaction Type | Transfer |
| Record Updated | Aug 05, 2022 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount Recorded |
|---|---|
| Tax | $300.00 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 00000 |
| Name | Verified Name |
|---|---|
| Address | 1709 TULLAMORE AVE STE B, B, BLOOMINGTON, IL 61704-9603 |
| Investor | Possibly a Property Investor |
Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified April 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | McLean County |
| County Subdivision | Old Town Township |
| Municipality | Downs Village |
| Unified School District | Tri-Valley Community Unit School District 3 (PK - 12) |
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 | $159,197 (+5.37%) Land $30,861 Building $128,336 | $477,591 (+5.37%) Land $92,583 Building $385,008 | |
| 2024 | $151,084 (+21.81%) Land $29,288 Building $121,796 | $453,252 (+21.81%) Land $87,864 Building $365,388 | |
| 2023 | $10,138.00 (+6.95%) | $124,036 (+6.6%) Land $26,713 Building $97,323 | $372,108 (+6.6%) Land $80,139 Building $291,969 |
| 2022 | $9,479.00 (+2.44%) | $116,356 Land $25,059 Building $91,297 | $349,068 Land $75,177 Building $273,891 |
| 2019 | $9,253.00 |
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