McLean County property record for 508 Raef Rd, Downs, IL 61736 · Last verified April 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Year Built | Built 2019 |
| Square Footage | 1,139 sqft Living Area |
| Lot Size | 10,018 sqft (0.23 acres) |
| Occupancy | Owner Occupied |
| Last Sale | $325,000 (2020) |
| Tax Bill | $11,606.00 (2024) |
| Primary APN | 22-32-480-002 |
|---|
| Building Area | 1,139 sqft Living Area |
|---|---|
| Stories | 2 Stories |
| Year Built | Built 2019 |
|---|---|
| Effective Year Built | Effective 2019 |
| Exterior Material | Aluminum/Vinyl Exterior |
| Lot Area | 10,018 sqft (0.23 acres) |
| Street Address | 508 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 2 |
| Legal Subdivision | BEECHER TRAILS SUB |
| Legal Lot Number | 2 |
| Jurisdiction | MCLEAN IL |
| Minor Civil Division | OLD TOWN |
| Census Blockgroup | 2 |
| Census Block | 2018 |
| Census Tract | 5401 |
Source: McLean County records · APN 22-32-480-002
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 | Individual Name on File |
|---|---|
| Mailing Address | 508 RAEF RD, DOWNS, IL 61736-2010 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Date | Document |
|---|---|
| Sep 21, 2021 | Deed of Trust, Mortgage · Veterans Administration Mortgage QUICKEN LOANS LLC |
| Nov 26, 2019 | Deed of Trust, Mortgage · Building or Construction Mortgage INB NA |
| Jun 22, 2020 | Warranty Deed, Transfer · Veterans Administration Mortgage FIRST STATE MORTGAGE SERVICES LLC |
| Deed Names | Verified Name on Deed |
|---|---|
| Known Transactions |
|
| Deed Doc Number | 202011217 |
| Record Refreshed | Jun 08, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MCLEAN IL |
| Property Address | 508 RAEF RD, DOWNS, IL 61736-2010 |
| Transaction Type | Mortgage |
| Record Updated | Sep 29, 2021 |
| Name | Verified Name |
|---|
| Document Number | 202100022651 |
|---|---|
| Date | Sep 21, 2021 |
| Instrument | 2021-00022651 |
| Name | QUICKEN LOANS LLC |
|---|---|
| Type | Mortgage Company |
| Address | DETROIT, MI 48226 |
| Type | Veterans Administration Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 361 Months |
| Due | Oct 01, 2051 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MCLEAN IL |
| Property Address | 508 RAEF RD, DOWNS, IL 61736-2010 |
| Transaction Type | Mortgage |
| Record Updated | Feb 05, 2021 |
| Name | Verified Name |
|---|
| Document Number | 201900019675 |
|---|---|
| Date | Nov 26, 2019 |
| Instrument | 2019-00019675 |
| Name | INB NA |
|---|---|
| Type | Non-Lending Institution |
| Address | CHAMPAIGN, IL 61820 |
| Type | Building or Construction Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MCLEAN IL |
| Recording Date | Jun 22, 2020 |
| Property Address | 508 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 202000011217 |
| Map Reference | DOC 2015-3993 |
| Instrument Date | Jun 09, 2020 |
| Instrument | 2020-00011217 |
| Transaction Type | Transfer |
| Record Updated | Feb 28, 2022 |
| Title Company | MCLEAN COUNTY TITLE |
| Amount | Amount Recorded |
|---|---|
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $487.50 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 508 RAEF RD, DOWNS, IL 61736-2010 |
| Document Number | 202000011218 |
|---|---|
| Date | Jun 22, 2020 |
| Instrument | 2020-00011218 |
| Name | FIRST STATE MORTGAGE SERVICES LLC |
|---|---|
| Type | Mortgage Company |
| Type | Veterans Administration Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 361 Months |
| Due | Jul 01, 2050 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 3.62% |
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 | $146,142 (+21.43%) Land $30,861 Building $115,281 | $438,426 (+21.43%) Land $92,583 Building $345,843 | |
| 2024 | $11,606.00 (+18.16%) | ||
| 2023 | $9,822.00 (+6.96%) | $120,355 (+6.6%) Land $26,713 Building $93,642 | $361,065 (+6.6%) Land $80,139 Building $280,926 |
| 2022 | $9,183.00 | $112,903 Land $25,059 Building $87,844 | $338,709 Land $75,177 Building $263,532 |
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