505 Vale St, Bloomington, IL 61701 Property Records

McLean County property record for 505 Vale St, Bloomington, IL 61701

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 1,404 sqft · built 1925
Lot Size	0.163 acres (7,119 sqft)
Owner	2 Individual Names on Record
Tax Bill	$4,828 (2024)
Deeds & Mortgages	Feb 2020 Line of Credit Mar 2018 Transfer
Flood Zone	Zone X (minimal risk)
APN	`21-03-463-014`

Property Details

APN / Parcel Number

Primary APN	`21-03-463-014`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	1,404 sqft Living Area
1st Floor Area	728 sqft
Flooring	Carpet
Interior Walls	Plaster
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1925
Effective Year Built	Effective 1925
Exterior Material	Aluminum/Vinyl
Roof Material	Asphalt
Lot Area	7,119 sqft (0.163 acres)
Lot Dimensions	143 ft deep x 50 ft wide
View / Lot	Lake Front
Garage Area	816 sqft
Parking Spaces	3 Parking Spaces
Porch	Open Frame Porch
Deck Area	130 sqft
Greenhouse	Greenhouse

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	505 VALE ST
City	BLOOMINGTON
State	IL
Zip	61701-5668
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R1C
Legal Description	JUNE GROVE SUB SE PT LOT 12 SUB S1/2 3-23-2E LOT 5 BLK 4
Legal Range	02E
Legal Township	23N
Legal Section	03
Legal Subdivision	JUNE GROVE SUB
Legal Block	4
Legal Lot Number	12,5
Jurisdiction	MCLEAN IL
Township / Civil Division	BLOOMINGTON CITY
Census Block Group	1
Census Block	1020
Census Tract	1800

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	505 VALE ST, BLOOMINGTON, IL 61701-5668
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Feb 7, 2020	Deed of Trust, Mortgage · Line of Credit HEARTLAND BANK & TRUST CO
Mar 16, 2018	Intrafamily Transfer, Transfer ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Transfer Date	Mar 12, 2018
Transfer Doc	0000004220
Record Updated	Jun 8, 2026

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	505 VALE ST, BLOOMINGTON, IL 61701-5668
Transaction Type	Mortgage
Record Updated	Feb 18, 2020

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202000002438
Date	Feb 7, 2020
Instrument	2020-00002438

Lender

Name	HEARTLAND BANK & TRUST CO
Type	Bank
Address	BLOOMINGTON, IL 61702

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly
Min Rate At Change	4.5%
Max Rate	18%

March 2018: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	MCLEAN IL
Recording Date	Mar 16, 2018
Property Address	505 VALE ST, BLOOMINGTON, IL 61701-5668
Document Number	201800004220
Map Reference	MB9 PG47
Instrument Date	Mar 12, 2018
Instrument	2018-00004220
Transaction Type	Transfer
Record Updated	Feb 28, 2022
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	505 VALE ST, BLOOMINGTON, IL 61701-5668

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Bloomington City
County	McLean County
County Subdivision	Bloomington City Township
Unified School District	Bloomington School District 87 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$73,920 (+23.68%) Land $14,275 Building $59,645	$221,760 (+23.68%) Land $42,825 Building $178,935
2024	$4,828.00 (+7.46%)
2023	$4,493.00	$59,766 Land $11,542 Building $48,224	$179,298 Land $34,626 Building $144,672

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; 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	Direct burnable vegetation

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	BLOOMINGTON serves 79,000 people · EPA ID IL1130200
Water Source	Surface water
Last State Inspection	Aug 2023
Lead	3 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	2 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 697 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Frontier, Watch TV.

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