505 State St
Bloomington, IL 61701
4 bd 2 ba 1,770 sqft Built 1925 Lot 6,820 sqft single_family
Most recent sale
$270,000
Apr 1, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2024 | Sold | $270,000 | MRED |
| Feb 7, 2024 | Listed | $265,000 | MRED |
| Dec 15, 2021 | Sold | $205,000 | MRED |
| Apr 19, 2018 | Sold | $184,900 | BloomingtonNormal |
| Jun 22, 2017 | Sold | $185,000 | Public Record |
| Apr 27, 2017 | Listed | $189,900 | BloomingtonNormal |
| Jan 24, 2017 | Sold | $179,000 | Public Record |
| Nov 7, 2016 | Listed | $182,500 | BloomingtonNormal |
| Mar 25, 2010 | Sold | $180,500 | BloomingtonNormal |
| Oct 13, 2009 | Listed | $184,900 | BloomingtonNormal |
| Jan 1, 1999 | Sold | $89,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $73,198 | $13,290 | $86,488 | $5,732 |
| 2022 | $55,882 | $10,146 | $66,028 | $5,101 |
| 2021 | $52,538 | $9,539 | $62,077 | $4,765 |
| 2020 | $52,538 | $9,539 | $62,077 | $4,753 |
| 2019 | $52,538 | $9,539 | $62,077 | $4,739 |
| 2018 | $51,508 | $9,352 | $60,860 | $4,617 |
| 2017 | $51,508 | $9,352 | $60,860 | $4,618 |
| 2016 | $51,508 | $9,352 | $60,860 | $4,610 |
| 2015 | $50,827 | $9,228 | $60,055 | $4,530 |
| 2014 | $50,195 | $9,228 | $59,423 | $4,334 |
| 2013 | $49,211 | $9,047 | $58,258 | $4,172 |
| 2012 | $49,753 | $9,147 | $58,900 | $4,161 |
| 2010 | $49,667 | $9,684 | $59,351 | $4,158 |
| 2009 | $42,844 | $9,684 | $52,528 | $3,601 |
| 2008 | $39,952 | $9,031 | $48,983 | $3,351 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,770 sqft
Lot size
6,820 sqft
ZIP code
61701
City
Bloomington
Street
State St
Coordinates
40.47491, -88.97536
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,186
Gross rental yield
14.16%
Implied cap rate
9.20%
Trend-extrapolated value
—
Frequently asked questions
When did 505 State St last sell?
505 State St most recently sold on Apr 1, 2024 for $270,000.
What is the current tax assessment for 505 State St?
The most recent total assessment for 505 State St (year 2024) is $86,488 with $5,732 in property tax.
How does 505 State St's assessment compare to its last sale price?
The current assessment is 68.0% below the last sale price of $270,000.
When was 505 State St built?
505 State St was built in 1925.
How does 505 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 505 State St?
505 State St is a 4 bed, 2 bath, 1,770 sqft, 6,820 sqft lot single_family.
Is 505 State St a flip candidate?
No — 505 State St does not appear in our flips dataset.
Is 505 State St a tax-appeal candidate?
No — 505 State St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$249.6K
2026 Q4
$258.5K
ZIP 61701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on State St