505 W Summit St, Normal, IL 61761 Property Records

McLean County property record for 505 W Summit St, Normal, IL 61761 · Last verified July 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Bathrooms3 Baths
Year BuiltBuilt 1961
Square Footage1,627 sqft Living Area
Lot Size10,000 sqft (0.227 acres)
OccupancyOwner Occupied
Last Sale$260,000 (2026)
Tax Bill$4,869.00 (2024)

Property Details

APN / Parcel Number

Primary APN14-21-328-003

Interior

Bedrooms3 Beds
Full Baths3 Baths
Total Rooms5 Rooms
Building Area1,627 sqft Living Area
1st Floor1,627 sqft 1st Floor
Basement Area1,627 sqft Basement
Stories1 Stories
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1961
Effective Year BuiltEffective 1961
Exterior MaterialBrick Exterior
Roof MaterialAsphalt Roof
Lot Area10,000 sqft (0.227 acres)
Depth X Width125 ft x 80 ft Depth x Width
Garage Area500 sqft Garage

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemForced Air with Air Conditioning Heating
Heating FuelGas Heating Fuel

Location & Zoning

Street Address505 W SUMMIT ST
CityNORMAL
StateIL
Zip61761-1266
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionTHE BELAND SUB E40 LOT 3 & W40 LOT 4
Legal Range02E
Legal Township24N
Legal Section21
Legal SubdivisionBELAND SUB
Legal Lot Number3,4
JurisdictionMCLEAN IL
Minor Civil DivisionNORMAL
Census Blockgroup3
Census Block3003
Census Tract107

Owner

Source: McLean County records · APN 14-21-328-003

Assessment roll updated April 8, 2026 · Last verified July 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 W SUMMIT ST, NORMAL, IL 61761-1266
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Aug 18, 2020Deed of Trust, Mortgage · Veterans Administration Mortgage
FIRST STATE MORTGAGE SERVICES LLC
Jun 16, 2026Warranty Deed, Transfer · Conventional Mortgage
CORNERSTONE MORTGAGE INC
Jul 11, 2019Executor's Deed, Transfer · Veterans Administration Mortgage
MORTGAGE SERVICES III LLC

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJun 16, 2026 · Amount on Record
Deed SaleJun 16, 2026 · Amount on Record
Prior SaleJul 11, 2019 · Amount on Record
Deed Doc Number20268160
Record RefreshedSep 20, 2026

August 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address505 W SUMMIT ST, NORMAL, IL 61761-1266
Transaction TypeMortgage
Record UpdatedJul 01, 2026
Title CompanyMCLEAN COUNTY TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202000016117
DateAug 18, 2020
Instrument2020-00016117
Lender
NameFIRST STATE MORTGAGE SERVICES LLC
TypeMortgage Company
AddressBLOOMINGTON, IL 61704
Agreement
TypeVeterans Administration Mortgage
AmountAmount Recorded
Term360 Months
DueAug 01, 2050
Interest
Rate TypeFixed Rate
Rate2.75%

June 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateJun 16, 2026
Property Address505 W SUMMIT ST, NORMAL, IL 61761-1266
Document Number0000008160
Instrument DateMay 26, 2026
Instrument20268160
Transaction TypeTransfer
Record UpdatedJun 25, 2026
Title CompanyFRONTIER TITLE COMPANY

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$39,390.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address505 W SUMMIT ST, NORMAL, IL 61761-1266

Mortgage

Document Number0000008161,
DateJun 16, 2026
Instrument20268161
Lender
NameCORNERSTONE MORTGAGE INC
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJun 01, 2056
Interest
Rate TypeFixed Rate
Rate6.5%
Initial TypeFixed Rate
Max Rate-1%

Mortgage

Document Number0000008162,
DateJun 16, 2026
Instrument20268162
Lender
NameILLINOIS HOUSING DEV AUTHORITY
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term30 Months
DueJun 01, 2056
Interest
Rate6.3%
Max Rate-1%

July 2019: Executor's Deed, Transfer

Document TypeExecutor's Deed
JurisdictionMCLEAN IL
Recording DateJul 11, 2019
Property Address505 W SUMMIT ST, NORMAL, IL 61761-1266
Document Number201900010613
Instrument DateJul 01, 2019
Instrument2019-00010613
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyMCLEAN COUNTY TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$225.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenant By Entirety
Address505 W SUMMIT ST, NORMAL, IL 61761-1266

Mortgage

Document Number201900010614
DateJul 11, 2019
Instrument2019-00010614
Lender
NameMORTGAGE SERVICES III LLC
TypeLending Institution
Agreement
TypeVeterans Administration Mortgage
AmountAmount Recorded
Term361 Months
DueAug 01, 2049
Interest
Rate TypeFixed Rate
Rate4.25%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyMcLean County
County SubdivisionNormal Township
MunicipalityNormal Town
Unified School DistrictMcLean County Unit School District 5 (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$82,920 (+21.89%) Land $15,103 Building $67,817$248,760 (+21.89%) Land $45,309 Building $203,451
2024$4,869.00 (+9.34%)
2023$4,453.00$68,030 Land $12,391 Building $55,639$204,090 Land $37,173 Building $166,917

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