505 E Chestnut St, Bloomington, IL 61701 Property Records

McLean County property record for 505 E Chestnut St, Bloomington, IL 61701 · Last verified April 2026

Property Highlights

Property TypeResidential > Single Family > Home
Year BuiltBuilt 1925
Square Footage2,237 sqft Living Area
Lot Size3,973 sqft (0.91 acres)
Garage242 sqft
OccupancyOwner Occupied
Last Sale$150,000 (2024)
Tax Bill$3,714.00 (2024)

Property Details

APN / Parcel Number

Primary APN21-04-232-003

Interior

Building Area2,237 sqft Living Area
Gross Area2,652 sqft Gross Area
1st Floor1,328 sqft 1st Floor
Basement Area415 sqft Basement
Stories2 Stories
Interior StructurePaneling Interior Structure
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1925
Effective Year BuiltEffective 1925
Exterior MaterialWood Exterior
Roof MaterialAsphalt Roof
Lot Area3,973 sqft (0.91 acres)
Depth X Width75 ft x 53 ft Depth x Width
Parking Spaces1 Parking Spaces
Garage Area242 sqft Garage
Greenhouse176 sqft Greenhouse

Utilities and HVAC

Heating SystemForced Air with Air Conditioning Heating
Heating FuelGas Heating Fuel
Water SourceYes (Unknown Type) Water Source

Location & Zoning

Street Address505 E CHESTNUT ST
CityBLOOMINGTON
StateIL
Zip61701-8650
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionFLAGGS 2ND ADD E53 LOT 10 & E53 N20 LOT 11 BLK 3
Legal Range02E
Legal Township23N
Legal Section04
Legal SubdivisionFLAGGS 2ND ADD
Legal Block3
Legal Lot Number10,11
JurisdictionMCLEAN IL
Minor Civil DivisionBLOOMINGTON CITY
Census Blockgroup1
Census Block1017
Census Tract1301

Owner

Source: McLean County records · APN 21-04-232-003

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 Address505 E CHESTNUT ST, BLOOMINGTON, IL 61701-8650
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Dec 17, 2021Warranty Deed, Transfer · Stand Alone Second Mortgage
ILLINOIS HOUSING DEVELOPMENT AUTHOR
Aug 04, 2017Deed of Trust, Mortgage · Line of Credit
FIRST STATE BANK
Aug 04, 2017Deed of Trust, Mortgage · Line of Credit
FIRST STATE BANK
Jan 15, 2021Warranty Deed, Transfer · Stand Alone First Mortgage
LARAMIE INVESTMENTS LLC

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 16, 2024 · Amount on Record
Deed SaleMay 16, 2024 · Amount on Record
Prior SaleDec 17, 2021 · Amount on Record
Deed Doc Number20246087
Record RefreshedJun 08, 2026

December 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateDec 17, 2021
Property Address505 E CHESTNUT ST, BLOOMINGTON, IL 61701-8650
Document Number202100029636
Instrument DateDec 17, 2021
Instrument2021-00029636
Transaction TypeTransfer
Record UpdatedDec 29, 2021
Title CompanyTITLE STAR, TITLESTAR

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$187.50
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address3289 ROUNDABOUT DR, 3289, MIDDLEBURG, FL 32068-3595

Transferred To (Grantee/Buyer)

NameVerified Name
Address13400 S 59 #116237 # 116237, 116237, PLAINFIELD, IL 60585

Mortgage

Document Number202100029630
DateDec 17, 2021
Instrument2021-00029630
Lender
NameILLINOIS HOUSING DEVELOPMENT AUTHOR
TypeGovernment Agency
Agreement
TypeStand Alone Second Mortgage
AmountAmount Recorded

August 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address505 E CHESTNUT ST, BLOOMINGTON, IL 61701-8650
Transaction TypeMortgage
Record UpdatedFeb 07, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number201700014080
DateAug 04, 2017
Instrument2017-00014080
Lender
NameFIRST STATE BANK
TypeBank
AddressBLOOMINGTON, IL 61704
Agreement
TypeLine of Credit
AmountAmount Recorded
Term24 Months
DueJul 31, 2019
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

August 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address505 E CHESTNUT ST, BLOOMINGTON, IL 61701-8650
Transaction TypeMortgage
Record UpdatedFeb 05, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number201700014073
DateAug 04, 2017
Instrument2017-00014073
Lender
NameFIRST STATE BANK
TypeBank
AddressBLOOMINGTON, IL 61704
Agreement
TypeLine of Credit
AmountAmount Recorded
Term240 Months
DueJul 31, 2037

January 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateJan 15, 2021
Property Address505 E CHESTNUT ST, BLOOMINGTON, IL 61701-8650
Document Number202100001121
Instrument DateDec 28, 2020
Instrument2021-00001121
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyNOT AVAILABLE, FTC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$172.50
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address111 TUSCANY CT, MORTON, IL 61550-7804

Mortgage

Document Number202100001122
DateJan 15, 2021
Instrument2021-00001122
Lender
NameLARAMIE INVESTMENTS LLC
TypeNon-Lending Institution
Agreement
TypeStand Alone First Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
MunicipalityBloomington City
CountyMcLean County
County SubdivisionBloomington City Township
Unified School DistrictBloomington School District 87 (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$49,893 (+12.55%) Land $5,861 Building $44,032$149,679 (+12.55%) Land $17,583 Building $132,096
2024$3,714.00 (+0.24%)
2023$3,705.00 (+10.01%)$44,331 (+11.86%) Land $5,207 Building $39,124$132,993 (+11.86%) Land $15,621 Building $117,372
2022$3,368.00$39,632 Land $4,655 Building $34,977$118,896 Land $13,965 Building $104,931

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