506 E Olive St, Bloomington, IL 61701 Property Records

McLean County property record for 506 E Olive St, Bloomington, IL 61701 · Last verified April 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	4 Baths
Year Built	Built 1920
Square Footage	3,169 sqft Living Area
Lot Size	4,289 sqft (0.98 acres)
Last Sale	$142,500 (2020)
Tax Bill	$3,926.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`21-04-419-010`

Interior

Bedrooms	3 Beds
Full Baths	4 Baths
Total Rooms	13 Rooms
Building Area	3,169 sqft Living Area
Gross Area	3,641 sqft Gross Area
1st Floor	1,318 sqft 1st Floor
Attic Area	871 sqft Attic
Attic	1 Attic
Basement Area	472 sqft Basement
Stories	2 Stories
Interior Structure	Paneling Interior Structure

Exterior

Year Built	Built 1920
Effective Year Built	Effective 1920
Exterior Material	Aluminum/Vinyl Exterior
Roof Material	Asphalt Roof
Lot Area	4,289 sqft (0.98 acres)
Depth X Width	102 ft x 42 ft Depth x Width

Utilities and HVAC

Heating System	Forced Air with Air Conditioning Heating
Heating Fuel	Gas Heating Fuel
Water Source	Yes (Unknown Type) Water Source

Location & Zoning

Street Address	506 E OLIVE ST
City	BLOOMINGTON
State	IL
Zip	61701-5398
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	OWNERS SUB (EX E80) LOT 16 SUB SE 4-23-2E W42 S102 LOT 3
Legal Range	02E
Legal Township	23N
Legal Section	04
Legal Subdivision	OWNERS SUB
Legal Lot Number	16,3
Jurisdiction	MCLEAN IL
Minor Civil Division	BLOOMINGTON CITY
Census Blockgroup	3
Census Block	3006
Census Tract	1700

Owner

Source: McLean County records · APN 21-04-419-010

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	Company Name on File
Mailing Address	1316 EASTPORT DR, BLOOMINGTON, IL 61704-8145
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jan 05, 2015	Deed of Trust, Mortgage · Line of Credit FIRST FINANCIAL BANK NA
Jan 09, 2020	Warranty Deed, Transfer · Line of Credit FIRST STATE BANK
Oct 26, 2007	Trustee's Deed, Foreclosure FREESTAR BANK NA

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 09, 2020 · Amount on Record
Deed Sale	Jan 09, 2020 · Amount on Record
Prior Sale	Oct 26, 2007 · Amount on Record
Deed Doc Number	2020482
Record Refreshed	Jun 08, 2026

January 2015: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLEAN IL
Property Address	506 E OLIVE ST, BLOOMINGTON, IL 61701-5398
Transaction Type	Mortgage
Record Updated	Apr 03, 2026
Title Company	ALLIANCE LAND TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	808 BRYAN ST, NORMAL, IL 61761-2873

Mortgage

Document Number	201500000094
Date	Jan 05, 2015
Instrument	2015-00000094

Lender

Name	FIRST FINANCIAL BANK NA
Type	Bank
Address	BLOOMINGTON, IL 61701

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	119 Months
Due	Dec 26, 2024

Interest

Rate Type	Adjustable Rate

January 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCLEAN IL
Recording Date	Jan 09, 2020
Property Address	506 E OLIVE ST, BLOOMINGTON, IL 61701-5398
Document Number	202000000482
Instrument Date	Dec 31, 2019
Instrument	2020-00000482
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	$213.75
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1316 EASTPORT DR, BLOOMINGTON, IL 61704-8145

Mortgage

Document Number	202000000483
Date	Jan 09, 2020
Instrument	2020-00000483

Lender

Name	FIRST STATE BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Dec 31, 2024

October 2007: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	MCLEAN IL
Recording Date	Oct 26, 2007
Property Address	506 E OLIVE ST, BLOOMINGTON, IL 61701-5398
Document Number	200700029407
Instrument Date	Oct 15, 2007
Instrument	2007-00029407
Transaction Type	Foreclosure
Record Updated	Apr 03, 2026

Transaction

Amount	Amount Recorded
Tax	$150.00
Amount Accuracy	Rounded Values by County

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenant/Joint Tenant w/ Right Of Survivorship

Mortgage

Document Number	200700029408
Date	Oct 26, 2007
Instrument	2007-00029408

Lender

Name	FREESTAR BANK NA
Type	Bank

Agreement

Amount	Amount Recorded
Term	300 Months
Due	Oct 15, 2032

Interest

Rate	8.25%

Tax Assessment & Valuation

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

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		$52,742 (+12.55%) Land $5,650 Building $47,092	$158,226 (+12.55%) Land $16,950 Building $141,276
2024	$3,926.00 (+0.26%)
2023	$3,916.00 (+1%)	$46,862 (+11.86%) Land $5,020 Building $41,842	$140,586 (+11.86%) Land $15,060 Building $125,526
2022	$3,560.00	$41,895 Land $4,488 Building $37,407	$125,685 Land $13,464 Building $112,221

506 E Olive St, Bloomington, IL 61701 Property Records

Property Highlights

Property Details

APN / Parcel Number

Interior

Exterior

Utilities and HVAC

Location & Zoning

Owner

Deeds, Mortgages & Sale History

Assessor's Deed Record

January 2015: Deed of Trust, Mortgage

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

Interest

January 2020: Warranty Deed, Transfer

Transaction

Transferred From (Grantor/Seller)

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

October 2007: Trustee's Deed, Foreclosure

Transaction

Transferred From (Grantor/Seller)

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

Interest

Tax Assessment & Valuation

Property Jurisdictions

Tax Bill & Assessment History

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