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  • $260,000

    505 W Summit Ave, Normal, IL 61761

    4beds
    2,464sqft
    Single Family Residence
    Built in 1961
    10,001.38 Square Feet Lot
    $260,200 Zestimate®
    $106/sqft
    $2,114 Estimated rent

    Home value

    $260,200

    $247,000 - $273,000

    $2,114/mo

    Zestimate® history
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    $1,842/mo

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    $1,842/mo

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    What's special

    Great natural lightFully finished walkout basementBright functional layoutComfortable everyday flow
    Welcome to easy living in this well-located ranch with a fully finished walkout basement in the heart of BloNo! Just minutes from Illinois State University, this home puts you close to everything-local restaurants, shopping, parks, and quick access to the Constitution Trail. The main level offers a bright, functional layout with great natural light and comfortable everyday flow. Downstairs, the walkout basement adds valuable living space-perfect for a second living area, home office, or guest setup-with easy access to the backyard. Whether you're looking for proximity to campus, an investment opportunity, or just want to be close to all that Bloomington-Normal has to offer, this home delivers on location and versatility.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Rhendy Bradshaw, SRS 309-533-9815,

    RE/MAX Rising

    Bought with:

    Denise Evans

    eXp Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12615617MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full)
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 11X16
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Bedroom 3
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Bedroom 4
    • Features: Flooring (Carpet)
    • Level: Basement
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 16X10
    Family room
    • Features: Flooring (Carpet)
    • Level: Basement
    • Area: 527 Square Feet
    • Dimensions: 31X17
    Foyer
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 44 Square Feet
    • Dimensions: 11X4
    Kitchen
    • Features: Kitchen (Eating Area-Table Space, Galley, Pantry-Closet), Flooring (Vinyl)
    • Level: Main
    • Area: 189 Square Feet
    • Dimensions: 21X9
    Laundry
    • Level: Basement
    • Area: 220 Square Feet
    • Dimensions: 20X11
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 330 Square Feet
    • Dimensions: 22X15
    Office
    • Features: Flooring (Carpet)
    • Level: Basement
    • Area: 108 Square Feet
    • Dimensions: 12X9
    Storage
    • Level: Basement
    • Area: 216 Square Feet
    • Dimensions: 27X8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Refrigerator, Washer, Dryer
    Features
    • 1st Floor Bedroom, Built-in Features, Walk-In Closet(s)
    • Flooring: Hardwood
    • Basement: Partially Finished,Full,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning, Gas Log, Living Room, Basement
    Interior area
    • Total structure area: 2,464
    • Total interior livable area: 2,464 sqft
    • Finished area below ground: 800

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    • Patio & porch: Patio, Porch
    Lot
    • Size: 10,001 sqft
    • Dimensions: 80 X 136
    Details
    • Parcel number: 1421328003
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Normal
    • Subdivision: Fairview

    HOA & financial

    HOA
    • Services included: None

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/26/2026Sold$260,000+4%$106/sqft
    Source: MRED as distributed by MLS GRID #12615617 Report a problem
    5/20/2026Listing removed$249,900$101/sqft
    Source: MRED as distributed by MLS GRID #12615617 Report a problem
    4/12/2026Contingent$249,900$101/sqft
    Source: MRED as distributed by MLS GRID #12615617 Report a problem
    4/10/2026Listed for sale$249,900+66.7%$101/sqft
    Source: MRED as distributed by MLS GRID #12615617 Report a problem
    7/1/2019Sold$149,900$61/sqft
    Source: MRED as distributed by MLS GRID #10368703 Report a problem
    5/9/2019Pending sale$149,900$61/sqft
    Source: Coldwell Banker The Real Estate Group #10368703 Report a problem
    5/6/2019Listed for sale$149,900$61/sqft
    Source: Coldwell Banker The Real Estate Group #10368703 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,870 +9.4%$75,976 +11.7%
    2023$4,453 +19.8%$68,030 +10.7%
    2022$3,717 -2.3%$61,460 +6%
    2021$3,806 $57,986 +1.1%
    2020-- $57,383 +0.5%
    2019-- $57,075 +1.1%
    2018$4,080 $56,471
    2017$4,080 +3.7%$56,471
    2016$3,935 +4.5%$56,471 +2.4%
    2015$3,764 $55,148
    2014$3,764 +1.9%$55,148
    2013$3,695 +3.2%$55,148 -0.8%
    2012$3,579 $55,576 +0.4%
    2011$3,579 +0.7%$55,361
    2010$3,556 +1.9%$55,361
    2009$3,489 +5.3%$55,361 +3.5%
    2008$3,314 +2.3%$53,484 +3%
    2007$3,240 $51,926 +0.9%
    2006-- $51,463 +4%
    2005-- $49,493 +9.6%
    2002-- $45,156 +4%
    2001-- $43,436 +4%
    2000-- $41,754

    Find assessor info on the county website

    Neighborhood: 61761

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fairview Elementary
    • Middle: Kingsley Jr High
    • High: Normal Community High School
    • District: 5

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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