503 Raef Rd, Downs, IL 61736 Property Records

McLean County property record for 503 Raef Rd, Downs, IL 61736 · Last verified April 2026

Property Highlights

Property Type	Residential > Single Family > Home
Year Built	Built 2015
Square Footage	1,796 sqft Living Area
Lot Size	10,018 sqft (0.23 acres)
Occupancy	Owner Occupied
Last Sale	$287,500 (2019)
Tax Bill	$10,945.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`22-32-479-007`

Interior

Building Area	1,796 sqft Living Area
1st Floor	1,796 sqft 1st Floor
Stories	1 Stories

Exterior

Year Built	Built 2015
Effective Year Built	Effective 2015
Lot Area	10,018 sqft (0.23 acres)

Location & Zoning

Street Address	503 RAEF RD
City	DOWNS
State	IL
Zip	61736-2011
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	BEECHER TRAILS SUB LOT 24
Legal Subdivision	BEECHER TRAILS SUB
Legal Lot Number	24
Jurisdiction	MCLEAN IL
Minor Civil Division	OLD TOWN
Census Blockgroup	2
Census Block	2019
Census Tract	5401

Owner

Source: McLean County records · APN 22-32-479-007

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 Record	Individual Name on File
Mailing Address	503 RAEF RD, DOWNS, IL 61736-2011
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 Oct 21, 2019 Deed Sale Price on Oct 21, 2019 Prior Sale Amount on Jun 14, 2016
Deed Doc Number	201917152
Record Refreshed	Jun 08, 2026

October 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Oct 21, 2019
Property Address	503 RAEF RD, DOWNS, IL 61736-2011
Document Number	201900017152
Map Reference	DOC 2015-3993
Instrument Date	Oct 10, 2019
Instrument	2019-00017152
Transaction Type	Transfer
Record Updated	Feb 28, 2022
Title Company	FRONTIER TITLE COMPANY, FRONTIER TITLE CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$431.25
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenant By Entirety
Address	2503 RAEF ROAD, DOWNS, IL 61736

Mortgage

Document Number	201900017154
Date	Oct 21, 2019
Instrument	2019-00017154

Lender

Name	TIAA FSB HOLDINGS INC
Type	Bank

Agreement

Type	Federal Housing Administration (FHA) Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Nov 01, 2049

Interest

Rate	3.75%

Tax Assessment & Valuation

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

Property Jurisdictions

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)

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		$138,171 (+27.1%) Land $30,861 Building $107,310	$414,513 (+27.1%) Land $92,583 Building $321,930
2024	$10,945.00 (+24.06%)
2023	$8,822.00 (+7%)	$108,713 (+6.6%) Land $26,713 Building $82,000	$326,139 (+6.6%) Land $80,139 Building $246,000
2022	$8,245.00	$101,982 Land $25,059 Building $76,923	$305,946 Land $75,177 Building $230,769