507 Raef Rd, Downs, IL 61736 Property Records

McLean County property record for 507 Raef Rd, Downs, IL 61736 · Last verified April 2026

Property Highlights

Property TypeResidential > Single Family > Home
Year BuiltBuilt 2021
Square Footage1,467 sqft Living Area
Lot Size10,018 sqft (0.23 acres)
OccupancyOwner Occupied
Last Sale$408,000 (2025)
Tax Bill$12,121.00 (2024)

Property Details

APN / Parcel Number

Primary APN22-32-479-009

Interior

Building Area1,467 sqft Living Area
1st Floor1,467 sqft 1st Floor
Stories1 Stories

Exterior

Year BuiltBuilt 2021
Effective Year BuiltEffective 2021
Exterior MaterialAluminum/Vinyl Exterior
Lot Area10,018 sqft (0.23 acres)

Location & Zoning

Street Address507 RAEF RD
CityDOWNS
StateIL
Zip61736-2011
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionBEECHER TRAILS SUB LOT 26
Legal SubdivisionBEECHER TRAILS SUB
Legal Lot Number26
JurisdictionMCLEAN IL
Minor Civil DivisionOLD TOWN
Census Blockgroup2
Census Block2019
Census Tract5401

Owner

Source: McLean County records · APN 22-32-479-009

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 RecordIndividual Name on File
Mailing Address507 RAEF RD, DOWNS, IL 61736-2011
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingMarried Man as his Sole and Separate Property

Deeds, Mortgages & Sale History

DateDocument
Jan 09, 2022Deed of Trust, Mortgage · Building or Construction Mortgage
INB NATIONAL ASSOCIATION
Dec 12, 2025Warranty Deed, Transfer · Veterans Administration Mortgage
MORTGAGE RESEARCH CENTER LLC
Jun 10, 2022Warranty Deed, Transfer · Conventional Mortgage
FIRST STATE MORTGAGE SERVICES LLC

Assessor's Deed Record

Deed NamesVerified Name on Deed
Known Transactions
  • Last Sale Amount on Dec 12, 2025
  • Deed Sale Price on Dec 12, 2025
  • Prior Sale Amount on Jun 10, 2022
Deed Doc Number202517775
Record RefreshedJun 08, 2026

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address507 RAEF RD, DOWNS, IL 61736-2011
Transaction TypeMortgage
Record UpdatedDec 26, 2025

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202200000356
DateJan 09, 2022
Instrument2022-00000356
Lender
NameINB NATIONAL ASSOCIATION
TypeBank
AddressBLOOMINGTON, IL 61704
Agreement
TypeBuilding or Construction Mortgage
AmountAmount Recorded

December 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateDec 12, 2025
Property Address507 RAEF RD, DOWNS, IL 61736-2011
Document Number202500017775
Map ReferenceDOC 2015-3993
Instrument DateNov 25, 2025
Instrument2025-00017775
Transaction TypeTransfer
Record UpdatedDec 26, 2025
Title CompanyUNKNOWN, FTC

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$408.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address507 RAEF RD, DOWNS, IL 61736-2011

Mortgage

Document Number202500017776
DateDec 12, 2025
Instrument2025-00017776
Lender
NameMORTGAGE RESEARCH CENTER LLC
TypeMortgage Company
Agreement
TypeVeterans Administration Mortgage
AmountAmount Recorded
Term360 Months
DueDec 01, 2055
Interest
Rate TypeFixed Rate
Rate5.62%

June 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateJun 10, 2022
Property Address507 RAEF RD, DOWNS, IL 61736-2011
Document Number202200010458
Map ReferenceDOC 2015-2993
Instrument DateMay 31, 2022
Instrument2022-00010458
Transaction TypeTransfer
Record UpdatedSep 25, 2023
Title CompanyMCLEAN COUNTY TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$395.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenant By Entirety
Address507 RAEF ROAD, ELLSWORTH, IL 61737
InvestorPossibly a Property Investor

Mortgage

Document Number202200010459
DateJun 10, 2022
Instrument2022-00010459
Lender
NameFIRST STATE MORTGAGE SERVICES LLC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJun 01, 2052
Interest
Rate TypeFixed Rate
Rate4.12%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyMcLean County
County SubdivisionOld Town Township
MunicipalityDowns Village
Unified School DistrictTri-Valley Community Unit School District 3 (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$152,340 (+5.37%) Land $30,861 Building $121,479$457,020 (+5.37%) Land $92,583 Building $364,437
2024$12,121.00 (+12.13%)$144,576 (+9.64%) Land $29,288 Building $115,288$433,728 (+9.64%) Land $87,864 Building $345,864
2023$10,810.00 (+83.1%)$131,864 (+91.86%) Land $26,713 Building $105,151$395,592 (+91.86%) Land $80,139 Building $315,453
2022$5,904.00$68,731 Land $25,059 Building $43,672$206,193 Land $75,177 Building $131,016

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