NOT LISTED FOR SALE

502 Old Farm Rd Bloomington, IL 61704

Old Farm Lakes Neighborhood

Estimated Value: $296,000 - $316,000

4 Beds
2.5 Baths
2,275 Sq Ft
$133/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2021

Last sale price $199,900 $88 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,123 / mo

Highlights

  • Landscaped Professionally
  • Deck
  • Porch
  • Mature Trees
  • Traditional Architecture
  • 1-minute walk to Old Farm Lakes Playground

About This Home

As of March 2021

4 Bedroom / 2.5 Bath in Old Farm Lakes Subdivision. Many updates include: Newer furnace, AC, Water Heater, Roof, light fixtures, bathroom remodels, landscaping... Agent Interest.

Last Agent to Sell the Property

Seth Couillard

Couillard and Company License #475139043 Listed on: 01/11/2021

Couillard and Company

Last Buyer's Agent

Taylor Hoffman

Coldwell Banker Real Estate Group License #475128107

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,951

Year Built

  • Built in 1990

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75 x 110
  • Landscaped Professionally
  • Mature Trees
  • Zero Lot Line

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,275 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Gas Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Washington Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Old Farm Lakes Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,951

Year Built

Built in 1990

Lot Details

8,276 Sq Ft Lot

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Old Farm Lakes
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 2275
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Other Room, Family Room
  • Estimated Total Finished Sq Ft: 2145
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 2275
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Ceramic Tile
  • Kitchen: Eating Area-Table Space
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 13X15
  • Bedroom 3 Flooring: Carpet
  • Laundry Flooring: Other
  • Family Room Flooring: Hardwood
  • Bedroom 4 Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Patio, Deck, Porch
  • Lot Features: Mature Trees, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Washington Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 75 X 110
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3951.42
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Mar 26, 2021
Sold by
Bought by
Seller's Agent
Seth Couillard
Couillard and Company
Buyer's Agent
Taylor Hoffman
Coldwell Banker Real Estate Group
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$301,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,742
Avg. Annual Appreciation
8.01%
Original Mortgage
$193,903
Interest Rate
0.0287%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
0.0341%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 8, 2016
Closed on
Apr 7, 2016
Sold by
Bought by
Seller's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
Buyer's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
List Price
$164,900
Sold Price
$160,480
Premium/Discount to List
-$4,420
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$157,573
Interest Rate
0.0375%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0505%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
0.0675%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,100
Interest Rate
0.0593%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 Alliance Land Title
-- None Available
$160,500 None Available
-- None Available
$154,500 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $193,903
Previous Owner $75,000
Previous Owner $157,573
Previous Owner $300,000
Previous Owner $123,600
Previous Owner $30,255
Previous Owner $115,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $199,900 0.0% $88 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $199,900 +24.6% $88 / Sq Ft
04/07/2016 04/07/16 Sold $160,480 -2.7% $90 / Sq Ft View Prior Sale
02/20/2016 02/20/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $164,900 -- $92 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,035 $86,307 $20,407 $65,900
2024 $5,015 $80,427 $19,017 $61,410
2022 $5,015 $65,007 $15,371 $49,636
2021 $4,610 $60,245 $14,245 $46,000
2020 $3,963 $52,756 $14,034 $38,722
2019 $3,951 $52,756 $14,034 $38,722
2018 $3,935 $52,756 $14,034 $38,722
2017 $3,936 $52,756 $14,034 $38,722
2016 $4,501 $53,560 $14,248 $39,312
2015 $4,429 $52,852 $14,060 $38,792
2014 $4,289 $52,852 $14,060 $38,792
2013 -- $51,815 $13,784 $38,031
Source: Public Records

Agents Affiliated with this Home

  • Seth Couillard

    Seller's Agent in 2021

    Seth Couillard

    Couillard and Company

    (309) 530-1442

    3 in this area

    363 Total Sales

    Seth Couillard
    Section Image
  • Taylor Hoffman

    Buyer's Agent in 2021

    Taylor Hoffman

    Coldwell Banker Real Estate Group

    (309) 287-6513

    167 Total Sales

    Taylor Hoffman
    Section Image
  • Mark Bowers

    Seller's Agent in 2016

    Mark Bowers

    BHHS Central Illinois, REALTORS

    (309) 824-9016

    1 in this area

    298 Total Sales

    Mark Bowers
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10943021

Midwest Real Estate Data (MRED)

APN: 21-12-205-009

Illinois Mclean County Bloomington 61704 Old Farm Lakes

502 Old Farm Rd, Bloomington, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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