See Home Value
McLean 61705
16120 Old Colonial Road
$275,000
● House - Off Market

16120 Old Colonial Road

Bloomington, IL 61705
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,264 Ft²
$1,771
Est. Monthly
7.70%
Cap Rate

About This Property

Checkout this all brick ranch on Old Colonial Rd in Bloomington! Nestled just minutes from Crestwicke Country Club, this cozy ranch offers a perfect blend of comfort, space, and convenience. Featuring hardwood floors throughout most of the main floor, the home exudes warmth and charm. Enjoy spacious living areas and generously sized bedrooms for easy living. The large eat-in kitchen provides a fantastic space for family meals, while the expansive living room is ideal for entertaining or simply relaxing. The partially finished basement adds even more living space with a cozy family room, dry bar, and a potential 4th bedroom, offering versatile options for your needs. Set on a beautiful 1-acre lot with mature trees, the outdoor space is perfect for enjoying the natural surroundings. The property also includes an oversized, heated 2-car detached garage with additional storage shed built onto the back, providing plenty of room for tools, equipment, and more. Don't miss out on this wonderful opportunity!
Unit Size
3,264 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$87
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1964

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Last updated: 2 years ago (MRED MLS #12255995)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Sold
Feb 3, 2025 In contract -
In contract
Jan 29, 2025 Price Decreased $284,900
↓ $5K (1.8%)
Price Decreased
Jan 11, 2025 Listed by RE/MAX Rising $290,000
Listed by RE/MAX Rising

Property Highlights


Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,866
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001030
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SUB 26-23-2E BEG NW COR SEC 26: E 431.64, S175.56, NWLY TO PT 49 LKS S OF POB, N TO POB , PT 8 1.03 ACRES

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 002102

Geography

  • District: 5
  • Parcel: 21-26-100-001
  • Meridian: SEC 26 TWN 23N RNG 02E
  • Municipality: BLOOMINGTON
  • Latitude: 40.4291
  • Longitude: -88.9599

    Address

  • Full Address: 16120 Old Colonial Rd
  • Address - House Number: 16120
  • Address - Street Name: Old Colonial
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R013
  • 4-Digit Zip Code: 6343
  • Zip Code: 61705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $405,004
  • Tax Rate Code Area: 503

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 269,136
  • High Value: 319,223
  • Low Value: 219,049

    Market Valuation

  • Market Total Value: $165,300
  • Market Land Value: $47,385
  • Market Improvement Value: $117,915

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,100
  • Assessed Land Value: $15,795
  • Assessed Improvements Value: $39,305

    Sales

  • Current Sale Contract Date: Dec 13, 2012
  • Current Sale Recording Date: Dec 27, 2012
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012-00033421
  • Previous Sale Recording Date: Oct 28, 2010
  • Previous Sale Contract Date: Oct 25, 2010
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About McLean


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Frequently Asked Questions

When was property at 16120 Old Colonial Road built and last sold?
The property at 16120 Old Colonial Road was built in 1964 and last sold on Dec 13, 2012 for $160,000.
How much is this home worth?
The estimated value of the home located at 16120 Old Colonial Road is $0.
What are some comparable homes to 16120 Old Colonial Road?
There are currently no comparable homes to 16120 Old Colonial Road.