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Single Family ResidenceResidential
$249,900$146 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $71,500 on Jul 1, 2024

502 S MADISON ST

BLOOMINGTON, IL 61701
0
Baths
1,715 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
1905
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$250K
$228K low$271K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$71,500 · Jul 1, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,644 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$25,738 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$7,340
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$18,398
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$20,275
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$77,214

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.38
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
75
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
71
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
46
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMCLEAN
Lot (acres)The size of the land the home sits on, from county records.0.13
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Lake Front
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Greenhouse

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Irving Elementary SchoolD
Elementary · Grades KG–5 · 0.3 mi
M
Bloomington Junior High SchoolD
Middle · Grades 6–8 · 1.3 mi
H
Bloomington High SchoolD+
High · Grades 9–12 · 1.4 mi

District: Bloomington School District 87

Neighborhood · ZIP 61701These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.143
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.36

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.34,680
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,141 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,363
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$73,445
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

502 S Madison St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 84% of homes in Bloomington 61701
  • Costs more per square foot than 74% of homes in Bloomington 61701
  • Bigger than 67% of homes in Bloomington 61701
  • Has a smaller lot than 86% of homes in McLean County
  • Older than 93% of homes in McLean County

What homes are worth in Bloomington 61701

Each bar is how many homes fall in that price range. The marker is this home.

This home
$67K$502K

This home is worth more than 84% of homes in Bloomington 61701.

How it measures up in Bloomington 61701

The dot is this home. The mark in the middle is the typical home in Bloomington 61701.

Estimated value$249,900
CheaperTypical $163,637Pricier

Pricier than 84% of homes nearby

Price per ft²$146
CheaperTypical $119Pricier

Pricier than 74% of homes nearby

Living area1,715 ft²
SmallerTypical 1,410 ft²Bigger

Bigger than 67% of homes nearby

Lot size0.13 ac
SmallerTypical 0.16 acBigger

Bigger than 28% of homes nearby

Year built1905
OlderTypical 1925Newer

Newer than 10% of homes nearby

How 502 S Madison St ranks against every home in each area.
MeasureThis homeBloomington 61701McLean County
Estimated valuepricier than$249,90084% of homes50% of homes
Price per ft²pricier than$14674% of homes46% of homes
Living areabigger than1,715 ft²67% of homes58% of homes
Lot sizebigger than0.13 ac28% of homes14% of homes
Year builtnewer than190510% of homes7% of homes

About 502 S Madison St

How much is 502 S Madison St, Bloomington, IL worth?

The TopHap Estimate for 502 S Madison St, Bloomington, IL is $249,900 as of Oct 21, 2026. The likely range is $228,362 to $271,438. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 502 S Madison St, Bloomington, IL last sell?

502 S Madison St, Bloomington, IL last sold on Jul 1, 2024 for $71,500, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 502 S Madison St, Bloomington, IL?

502 S Madison St, Bloomington, IL has 1,715 square feet of living space and a 0.13-acre lot.

When was 502 S Madison St, Bloomington, IL built?

502 S Madison St, Bloomington, IL was built in 1905, making it 121 years old. The building has 1 story.

What schools serve 502 S Madison St, Bloomington, IL?

502 S Madison St, Bloomington, IL is assigned to Irving Elementary School (elementary), rated D; Bloomington Junior High School (middle), rated D; Bloomington High School (high), rated D+. All sit in Bloomington School District 87. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 502 S Madison St, Bloomington, IL compare to other homes in Bloomington 61701?

Among the 11,007 homes in Bloomington 61701, it is worth more than 84% of them ($249,900 against a typical $163,637), its price per square foot is higher than 74% of them ($146 against a typical $119), it is bigger than 67% of them (1,715 ft² against a typical 1,410 ft²), its lot is bigger than 28% of them (0.13 ac against a typical 0.16 ac) and it is newer than 10% of them (1905 against a typical 1925). Measured against all of McLean County, it is worth more than 50% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 502 S Madison St, Bloomington, IL?

The 2024 property tax bill for 502 S Madison St, Bloomington, IL was $1,644. The county assessed it at $25,738.

More homes on S Madison St

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