500 Raef Rd

3,590 Sq. Ft.
$125 / Sq. Ft.
3,590
Sq. Ft.
$125
per Sq. Ft.

Description

Welcome home to this beautifully maintained split ranch home located in the highly desirable Tri-Valley School District with no backyard neighbors! Offering the ease of one-floor living and an inviting open floor plan. The kitchen features ample cabinetry and counter space, making meal prep and gatherings a breeze. The master bedroom is appointed with two large walk-in closets (11x7 and 11x5). The finished basement adds incredible versatility with additional living space including a huge family room...Welcome home to this beautifully maintained split ranch home located in the highly desirable Tri-Valley School District with no backyard neighbors! Offering the ease of one-floor living and an inviting open floor plan. The kitchen features ample cabinetry and counter space, making meal prep and gatherings a breeze. The master bedroom is appointed with two large walk-in closets (11x7 and 11x5). The finished basement adds incredible versatility with additional living space including a huge family room area plus a sizable bedroom and full bath. There is also over 500 square feet of storage in the basement. The backyard is equipped with an oversized patio, professional landscaping and poured concrete border edging. Additional outdoor amenities include a natural gas firepit, natural gas Blackstone griddle and hot tub all to remain for the next owners to enjoy! The 3 car garage with this home is impeccable, boasting a 34 foot deep 3rd stall, heater, laundry sink, pre-wired for EV charger install, epoxy floor coating and floor drain. The options are endless with this garage! Parking and winter maintenance are a breeze with a south facing driveway running all 3 stalls wide to the road. Don't miss your opportunity to own this fantastic home in Tri-Valley!
  1. Listed by Brad Thoele • RE/MAX Rising
    P: (309)-830-1158 C: (309)-830-1158 bradthoele@gmail.com

Property Details for 500 Raef Road

Area
Downs
Subdivision
Beecher Trails
Township
Old Town
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Air Conditioning Type
Central Air
Heat/Fuel
Natural Gas, Forced Air
LISTING UPDATED: 02/13/2026 10:16 AM

Property Details for 500 Raef Road

StatusNew
MLS #12564612
Days on Market1
Taxes$10,930 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 1 Story
Year Built2018
Lot Size0.24 AC / 10,471 SF
CountyMcLean County

Location

Listing Courtesy of RE/MAX Rising
Add your commute

Building Information for 500 Raef Road

Stories-Year Built2018Building Size-Lot Size0.24 AC / 10,471 SF

Payment Calculator

$3,104 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,193

Property Taxes

$911

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Raef Road

General Information
School Information
  • Elementary School District: 3
  • Elementary School: Tri-Valley Elementary School
  • Jr High Middle School: Tri-Valley Junior High School
  • High School District: 3
  • High School: Tri-Valley High School
  • Middle Or Junior School District: 3
Addtl Parking Information
  • Parking Details: Concrete, Garage Door Opener, Yes, Other, Attached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Interior Property Features: 1st Floor Bedroom, Built-in Features, Walk-In Closet(s), Open Floorplan, Granite Counters
  • Num Of Rooms: 7
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 1
  • Bath Amenities: Double Sink
  • Basement Type: Partially Finished, Full
  • Bedrooms Possible: 4
  • Air Conditioning: Central Air
  • Flooring: Hardwood
  • Basement Sq Ft: 1795
  • Basement Bathrooms: Yes
  • Room Type: Family Room, Storage
  • Num of Baths: 3.0
Exterior Features
  • Patio And Porch Features: Patio
  • Type: 1 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Water Softener Rented
  • Other Equipment: Water-Softener Rented, Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Hot Tub, Fire Pit
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 6-10 Years
  • Type Detached: 1 Story
  • Total Sq Ft: 1795
  • Aprox Total Finished Sq Ft: 3018
  • Total Finished and Unfin Sq Ft: 3590
  • Main Sq Ft: 1795
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 88 X 119
  • Zero Lot Line: No
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Vinyl Siding, Brick
  • General Information: None
  • Below Grade Finished Area: 1223.0
  • Living Area Source: Builder
  • Unfinished Basement Sq Ft: 572
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2026-02-12T16:15:06
  • Photos Count: 46
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 16X14
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 14X11
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 13X11
Bedroom #4 Information
  • 4th Bedroom Level: Basement
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 14X12
Dining Room Information
  • Dining Room Level: N/A
  • RoomType_DR: Dining Room
Family Room Information
  • Family Room Level: Main
  • RoomType_FR: Family Room
  • Family Room Dimensions: 18X16
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 20X15
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 10X7
Living Room Information
  • Living Room Level: N/A
  • Room Type: Living Room
Storage Room 1 Information
  • Room Level: Basement
  • Room Type: Storage
  • Dimensions: 22X23
Storage Room 2 Information
  • Room Level: Basement
  • Room Type: Storage
  • Dimensions: 7X11
Family Room Down Information
  • Room Level: Basement
  • Room Type: Family Room - Down
  • Dimensions: 30X23

Property History for 500 Raef Road

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Listed (Active)

MRED #12564612

$449,900
Dec 31, 2019

Sold (Public Record)

Public Record #1351702221

$317,000

-23.9% / yr

Dec 31, 2019

Sold

MRED #10361874

$317,000
Nov 11, 2019

Pending

MRED #10361874

Apr 30, 2019

Listed (Active)

MRED #10361874

$299,900
Dec 19, 2018

Sold (Public Record)

Public Record #1306043716

$420,000
DateEvent & SourcePrice
02/13/2026

Listed (Active)

MRED #12564612

$449,900
12/31/2019

Sold (Public Record)

Public Record #1351702221

$317,000

-23.9% / yr

12/31/2019

Sold

MRED #10361874

$317,000
11/11/2019

Pending

MRED #10361874

04/30/2019

Listed (Active)

MRED #10361874

$299,900
12/19/2018

Sold (Public Record)

Public Record #1306043716

$420,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Raef Road

Taxable ValueLand$29,288Additions$101,666Total$130,954
Tax Record2024$10,930 ($911 / month)
Home Facts
Beds0Total Finished SqFt1,783 SqFtAbove Grade Finished SqFt1,783 SqFtStories1Lot Size10,454 SqFtStyleSingle Family ResidenceYear Built2018CountyMCLEANAPN22-32-480-006

Schools near 500 Raef Road

This home is within Tri Valley Community Unit School District 3.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Tri-Valley Elementary School
PublicPK to 3

Tri-Valley Middle School
Public4 to 8

Tri-Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

500 Raef Road is a single family home for sale in Downs, IL 61736. This property was listed for sale on February 13, 2026 by RE/MAX Rising, it's currently listed at $449,900. It has been on the market for a total of 1 days and was last sold on December 31, 2019. This listing's school district is Tri Valley Community Unit School District 3. Nearby schools include Tri-Valley Elementary School, Tri-Valley Middle School and Tri-Valley High School. 500 Raef Road is a 4-bed, 3-bath, 3,590 sqft single family home built in 2018.

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Listing Courtesy of RE/MAX Rising

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/13/2026 10:16 AM. 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.