508 W Walnut St, Bloomington, IL 61701 Property Records

McLean County property record for 508 W Walnut St, Bloomington, IL 61701

Property Summary

Property TypeSingle Family Home
Details4 bd · 2 ba · 1,817 sqft · built 1910
Lot Size0.086 acres (3,738 sqft)
OwnerIndividual Name on Record
Last Sale$95,000 (Jul 2020)
Tax Bill$3,188 (2024)
Deeds & MortgagesSep 2023 Mortgage
Jul 2020 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN21-04-108-001

Property Details

APN / Parcel Number

Primary APN21-04-108-001

Interior

Bedrooms4 Beds
Full Baths2 Baths
Total Rooms7 Rooms
Stories1 Story
Building Area1,817 sqft Living Area
1st Floor Area1,042 sqft
Basement Area121 sqft
Finished Basement121 sqft
FlooringCarpet
Interior WallsPlaster

Exterior

Year BuiltBuilt 1910
Effective Year BuiltEffective 1910
Exterior MaterialAluminum/Vinyl
Foundation TypeConcrete
Roof MaterialAsphalt
Lot Area3,738 sqft (0.086 acres)
Lot Dimensions66 ft deep x 57 ft wide
View / LotLake Front
PorchOpen Frame Porch
Deck Area169 sqft

Utilities, Heating & Cooling

Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address508 W WALNUT ST
CityBLOOMINGTON
StateIL
Zip61701-2941
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR2
Legal DescriptionALLIN, GRIDLEY & PRICKETTS ADD W56.75 LOT 2 BLK 8
Legal Range02E
Legal Township23N
Legal Section04
Legal SubdivisionALLIN, GRIDLEY & PRICKETTS ADD
Legal Block8
Legal Lot Number2
JurisdictionMCLEAN IL
Township / Civil DivisionBLOOMINGTON CITY
Census Block Group2
Census Block2010
Census Tract1303

Owner

Source: McLean County records, as of April 8, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on Record
Mailing Address508 W WALNUT ST, BLOOMINGTON, IL 61701-2941
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Sep 25, 2023Deed of Trust, Mortgage
THE CITY OF BLOOMINGTON
Jul 9, 2020Warranty Deed, Transfer · Conventional Mortgage
BUSEY BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 9, 2020 · Amount on Record
Deed SaleJul 9, 2020 · Amount on Record
Prior SaleApr 22, 2010 · Amount on Record
Deed Document Number202012680
Record UpdatedOct 29, 2026

September 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address508 W WALNUT ST, BLOOMINGTON, IL 61701-2941
Transaction TypeMortgage
Record UpdatedOct 6, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address508 W WALNUT ST, BLOOMINGTON, IL 61701-2941

Mortgage

Document Number202300012927
DateSep 25, 2023
Instrument2023-00012927
Lender
NameTHE CITY OF BLOOMINGTON
TypeGovernment Agency
Agreement
AmountAmount Recorded

July 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateJul 9, 2020
Property Address508 W WALNUT ST, BLOOMINGTON, IL 61701-2941
Document Number202000012680
Instrument DateJun 26, 2020
Instrument2020-00012680
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyFTC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$142.50
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address508 W WALNUT ST, BLOOMINGTON, IL 61701-2941

Mortgage

Document Number202000012681
DateJul 9, 2020
Instrument2020-00012681
Lender
NameBUSEY BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJul 1, 2050
Interest
Rate TypeFixed Rate
Rate3.75%

Mortgage

Document Number202000012682
DateJul 9, 2020
Instrument2020-00012682
Lender
NameILLINOIS HOUSING DEVELOPMENT AUTHORITY
TypeGovernment Agency
AddressCHICAGO, IL 60601
Agreement
TypeStand-Alone Second Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: McLean County assessment roll, as of April 8, 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityBloomington City
CountyMcLean County
County SubdivisionBloomington City Township
Unified School DistrictBloomington School District 87 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$49,160 (+28.03%) Land $6,324 Building $42,836$147,480 (+28.03%) Land $18,972 Building $128,508
2024$3,188.00 (+17.77%)
2023$2,707.00$38,398 Land $4,940 Building $33,458$115,194 Land $14,820 Building $100,374

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.

Flood

Source: FEMA National Flood Hazard Layer, effective June 27, 2019

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemBLOOMINGTON
serves 79,000 people · EPA ID IL1130200
Water SourceSurface water
Last State InspectionAug 2023
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 554 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: Frontier, Pavlov Media, Watch TV.

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