505 N School St, Normal, IL 61761 Property Records

McLean County property record for 505 N School St, Normal, IL 61761

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 2,059 sqft · built 1880
Lot Size	0.248 acres (10,792 sqft)
Owner	Company Name on Record
Last Sale	$187,500 (Jan 2025)
Tax Bill	$5,338 (2024)
Deeds & Mortgages	Jun 2022 Sale & Line of Credit Apr 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-28-203-029`

Property Details

APN / Parcel Number

Primary APN	`14-28-203-029`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Total Rooms	8 Rooms
Stories	1 Story
Building Area	2,059 sqft Living Area
1st Floor Area	1,287 sqft
Basement Area	568 sqft

Exterior

Year Built	Built 1880
Effective Year Built	Effective 1880
Exterior Material	Aluminum/Vinyl
Roof Material	Asphalt
Lot Area	10,792 sqft (0.248 acres)
Lot Dimensions	214 ft deep x 50 ft wide
Garage Area	528 sqft
Porch	Open Frame Porch
Total Buildings	4 Buildings

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	505 N SCHOOL ST
City	NORMAL
State	IL
Zip	61761-1616
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-1A
Legal Description	CAPEN & COS SUB S 1/2 N 1/2 LOT 21
Legal Range	02E
Legal Township	24N
Legal Section	28
Legal Subdivision	CAPEN & COS SUB
Legal Lot Number	21
Jurisdiction	MCLEAN IL
Township / Civil Division	NORMAL
Census Block Group	3
Census Block	3009
Census Tract	107

Owner

Source: McLean County records, as of May 7, 2026

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

Owner of Record	Company Name on Record
Mailing Address	109 HILLCREST ST, GRIDLEY, IL 61744-9117
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jun 8, 2022	Warranty Deed, Transfer · Line of Credit BANK OF SPRINGFIELD
Apr 8, 2020	Warranty Deed, Transfer · Conventional Mortgage BANK OF ENGLAND

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 22, 2025 · Amount on Record
Deed Sale	Jan 22, 2025 · Amount on Record
Prior Sale	Apr 8, 2020 · Amount on Record
Deed Document Number	2025754
Record Updated	Oct 29, 2026

June 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Jun 8, 2022
Property Address	505 N SCHOOL ST, NORMAL, IL 61761-1616
Document Number	202200010340
Instrument Date	Jun 1, 2022
Instrument	2022-00010340
Transaction Type	Transfer
Record Updated	Jun 16, 2022
Title Company	ALLIANCE LAND TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$165.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	337 HERSHISER LN, CHATHAM, IL 62629-5055

Mortgage

Document Number	202200010341
Date	Jun 8, 2022
Instrument	2022-00010341

Lender

Name	BANK OF SPRINGFIELD
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Jun 3, 2027

Interest

Rate	4.45%

April 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Apr 8, 2020
Property Address	505 N SCHOOL ST, NORMAL, IL 61761-1616
Document Number	202000006040
Instrument Date	Apr 6, 2020
Instrument	2020-00006040
Transaction Type	Transfer
Record Updated	Feb 28, 2022
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$187.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2 BROME CT, BLOOMINGTON, IL 61705-4170

Mortgage

Document Number	202000006041
Date	Apr 8, 2020
Instrument	2020-00006041

Lender

Name	BANK OF ENGLAND
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	May 1, 2050

Interest

Rate Type	Fixed Rate
Rate	4.5%

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	McLean County
County Subdivision	Normal Township
Municipality	Normal Town
Unified School District	McLean County Unit School District 5 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$71,756 (+21.89%) Land $12,646 Building $59,110	$215,268 (+21.89%) Land $37,938 Building $177,330
2024	$5,338.00 (+5.95%)
2023	$5,038.00 (+5.46%)	$58,871 (+10.69%) Land $10,375 Building $48,496	$176,613 (+10.69%) Land $31,125 Building $145,488
2022	$4,777.00	$53,185 Land $9,373 Building $43,812	$159,555 Land $28,119 Building $131,436

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.

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	1 in force

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.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NORMAL serves 52,736 people · EPA ID IL1130900
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	4 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 368 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Metronet Fiber	5,120 / 5,120
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20

May also be available: Pavlov Media, Watch TV.

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