Arrowsmith, Illinois, is a small, tranquil village in eastern McLean County, embodying the charm of rural America with a population of 381 as of 2023. Founded in 1871 by Charles W. Holder and Owen T. Reeves, the village was shaped by its ties to the Lafayette Bloomington and Muncie Railroad, later becoming part of the Lake Erie and Western Railroad. Named after early settler Ezekiel Arrowsmith, the village features a tight-knit community surrounded by sprawling agricultural fields, with Arrowsmith Park serving as a hub for local events and leisurely activities.

Arrowsmith currently has 3 single family homes for sale with an average list price of $206,000. The average annual property tax for Arrowsmith is $2,683.58.