McLean County property record for 506 Raef Rd, Downs, IL 61736 · Last verified April 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Year Built | Built 2020 |
| Square Footage | 1,270 sqft Living Area |
| Lot Size | 10,018 sqft (0.23 acres) |
| Occupancy | Owner Occupied |
| Last Sale | $450,000 (2024) |
| Tax Bill | $13,380.00 (2024) |
| Primary APN | 22-32-480-003 |
|---|
| Building Area | 1,270 sqft Living Area |
|---|---|
| Stories | 2 Stories |
| Year Built | Built 2020 |
|---|---|
| Effective Year Built | Effective 2020 |
| Exterior Material | Aluminum/Vinyl Exterior |
| Lot Area | 10,018 sqft (0.23 acres) |
| Street Address | 506 RAEF RD |
|---|---|
| City | DOWNS |
| State | IL |
| Zip | 61736-2010 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Description | BEECHER TRAILS SUB LOT 3 |
| Legal Subdivision | BEECHER TRAILS SUB |
| Legal Lot Number | 3 |
| Jurisdiction | MCLEAN IL |
| Minor Civil Division | OLD TOWN |
| Census Blockgroup | 2 |
| Census Block | 2018 |
| Census Tract | 5401 |
Source: McLean County records · APN 22-32-480-003
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 Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 506 RAEF RD, DOWNS, IL 61736-2010 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Date | Document |
|---|---|
| Mar 13, 2026 | Deed of Trust, Mortgage · Conventional Mortgage FIRST STATE MORTGAGE SERVICES LLC |
| Apr 29, 2024 | Warranty Deed, Transfer · Conventional Mortgage FIRST STATE MORTGAGE SERVICES LLC |
| Sep 12, 2020 | Deed of Trust, Mortgage · Building or Construction Mortgage INB NATIONAL ASSOCIATION |
| Apr 02, 2021 | Warranty Deed, Transfer · Conventional Mortgage GUARANTEED RATE AFFINITY LLC |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Known Transactions |
|
| Deed Doc Number | 20245158 |
| Record Refreshed | Jun 08, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MCLEAN IL |
| Property Address | 506 RAEF RD, DOWNS, IL 61736-2010 |
| Transaction Type | Mortgage |
| Record Updated | Mar 30, 2026 |
| Title Company | ALLIANCE LAND TITLE |
| Name | Verified Name |
|---|---|
| Address | 506 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 202600003647 |
|---|---|
| Date | Mar 13, 2026 |
| Instrument | 2026-00003647 |
| Name | FIRST STATE MORTGAGE SERVICES LLC |
|---|---|
| Type | Mortgage Company |
| Address | BLOOMINGTON, IL 61704 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Mar 01, 2056 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 6% |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MCLEAN IL |
| Recording Date | Apr 29, 2024 |
| Property Address | 506 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 202400005158 |
| Map Reference | DOC 2015-3993 |
| Instrument Date | Apr 26, 2024 |
| Instrument | 2024-00005158 |
| Transaction Type | Transfer |
| Record Updated | May 09, 2024 |
| Title Company | ALLIANCE LAND TITLE |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $450.00 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenant By Entirety |
| Address | 506 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 202400005159 |
|---|---|
| Date | Apr 29, 2024 |
| Instrument | 2024-00005159 |
| Name | FIRST STATE MORTGAGE SERVICES LLC |
|---|---|
| Type | Mortgage Company |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 361 Months |
| Due | May 01, 2054 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 7.37% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MCLEAN IL |
| Property Address | 506 RAEF RD, DOWNS, IL 61736-2010 |
| Transaction Type | Mortgage |
| Record Updated | Sep 23, 2022 |
| Name | Verified Name |
|---|
| Document Number | 202000018403 |
|---|---|
| Date | Sep 12, 2020 |
| Instrument | 2020-00018403 |
| Name | INB NATIONAL ASSOCIATION |
|---|---|
| Type | Bank |
| Address | BLOOMINGTON, IL 61704 |
| Type | Building or Construction Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MCLEAN IL |
| Recording Date | Apr 02, 2021 |
| Property Address | 506 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 202100007788 |
| Map Reference | DOC 2015-3993 |
| Instrument Date | Mar 25, 2021 |
| Instrument | 2021-00007788 |
| Transaction Type | Transfer |
| Record Updated | Sep 23, 2022 |
| Title Company | MCLEAN COUNTY TITLE |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $562.50 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenant By Entirety |
| Address | 506 RAEF RAOD, DOWNS, IL 61736-2010 |
| Document Number | 202100007789 |
|---|---|
| Date | Apr 02, 2021 |
| Instrument | 2021-00007789 |
| Name | GUARANTEED RATE AFFINITY LLC |
|---|---|
| Type | Mortgage Company |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Apr 01, 2051 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 2.25% |
Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified April 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | McLean County |
| County Subdivision | Old Town Township |
| Municipality | Downs Village |
| Unified School District | Tri-Valley Community Unit School District 3 (PK - 12) |
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 | $158,055 (+22.66%) Land $30,861 Building $127,194 | $474,165 (+22.66%) Land $92,583 Building $381,582 | |
| 2024 | $13,380.00 (+26.8%) | ||
| 2023 | $10,552.00 (+6.93%) | $128,855 (+6.6%) Land $26,713 Building $102,142 | $386,565 (+6.6%) Land $80,139 Building $306,426 |
| 2022 | $9,868.00 | $120,877 Land $25,059 Building $95,818 | $362,631 Land $75,177 Building $287,454 |
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