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$326,000 -$4,000 (-1.21%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,783 Sq. Ft.
  • 2 Car Garage
  • Updated 4 days ago
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Welcome to 131 Gadwall in Downs, located in the desirable Mallard Point subdivision and served by award-winning Tri-Valley schools. This spacious 4-bedroom, 3-full-bath home sits on an impressive 140x130 corner lot, offering nearly half an acre of outdoor space with a fully fenced yard. Inside, you'll appreciate the generous bedroom sizes, including a large main-floor primary suite measuring approximately 13x23. Bedrooms 2 and 3 are also oversized at approximately 12x19, providing excellent flexibility for bedrooms, office space, guests, or hobbies. With three full bathrooms, a large corner lot, and a sought-after subdivision setting, this home offers the space, location, and layout buyers are looking for in Downs. Most all flooring on main level and also painted 2026, Roof 2017, Water heater 2024, master flooring 2020, Range 2018, Dishwasher 2022, More pictures are coming soon, but don't wait for the crowd that will show up once they post!!

Full Property Details for 131 N Gadwall Ln

General

  • Price: $326,000
  • Taxes: $7,098 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12691469
  • Updated: 7/10/2026
  • Added to Site: 15 day(s) ago

Interior

  • Basement: Partially
  • Interior Features: 1st-Floor Bath, Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas Log
  • Appliances: Dishwasher

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Baths: Yes

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms(Blw Grade): 1

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 4
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Downs
  • County: McLean
  • Township: Downs
  • Subdivision: Mallard Point
  • Driving Directions: Rt 150 To 2000e, to house on left at corner.

School Information

  • School District: 3
  • Elem School District: 3
  • Midd School District: 3
  • High School District: 3
  • Elementary School: Tri-Valley Elementary School
  • Middle School: Tri-Valley Junior High School
  • High School: Tri-Valley High School
  • Private School: Tri-Valley High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Architectural Info: Cape Cod
  • Architectural Style: Cape Cod
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Square Feet: 1,783
  • Sq. Ft. Source: Plans
  • Year Built: 1998

Lot Features

  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 140 x 130

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1998
  • Tax Amount: $7,098.98
  • Tax Year: 2025
  • Pays Sewer: Septic Tank

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 2904104001

Listed by RE/MAX Choice

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Schools serving 131 N Gadwall Ln

School District:Tri-Valley Community Unit School District 3
NameGradesDistance
Tri-Valley Elementary School
409 East Washington Street, Downs, IL 61736
PK-30.7 mi
Tri-Valley Middle School
505 East Washington Street, Downs, IL 61736
4-81 mi
Tri-Valley High School
503 East Washington Street, Downs, IL 61736
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 131 N Gadwall Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/10/2026
Price Reduced
$326,000
-1.21%
MLS
6/29/2026
Listed
$330,000
75.53%
MLS
5/31/2018
Sold
$188,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 131 N Gadwall Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,998
—
$90,985
9%
2024
$6,998
14%
$83,826
11%
2023
$6,143
13%
$75,655
15%
2021
$5,428
-4%
$65,851
-5%
2022
$5,682
7%
$69,111
7%
2020
$5,325
—
$64,725
—
2019
$5,328
—
$64,725
-4%
2019
$5,328
-5%
$67,725
1%
2018
$5,590
1%
$67,075
2%
2017
$5,524
—
$65,696
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Choice

131 N Gadwall Lane, Downs, IL 61736 (MLS# 12691469) is a Single Family property with 4 bedrooms and 3 full bathrooms. 131 N Gadwall Lane is currently listed for $326,000 and was received on June 29, 2026. Want to learn more about 131 N Gadwall Lane? Do you have questions about finding other Single Family real estate for sale in Downs? You can browse all Downs real estate or contact a Coldwell Banker agent to request more information.

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