This home's estimate is 44.7% higher than the average sale price ($349K) of 6 comparable homes.
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121 N Waverly Lake Rd, Franklin, IL 62638
About this home
COMING SOON! Showings start 4/20/26. Welcome to your own lake front, rural, paradise on 7 acres conveniently located just outside of Franklin IL. Located at the end of a private lane, this 13-yr old, quality-built home features 4 beds, 3.5 baths, full bsmnt w/walkout & storage/shop area. You'll be impressed from your 1st step into the foyer/living room featuring 11 ft ceilings & a view out the back windows of beautiful Lake Waverly. Main level has over 2100 sq ft w/a wonderful flr plan & solid Brazilian Teak hardwood floors thru-out living space w/carpet in the bedrooms. Kitchen is open to the living rm & features quartz countertops, 8-foot island, custom cabinets made from real wood & soft close, custom wine cabinet & large square tile flrs. Eat in kitchen has plenty of room & walks out to a lovely covered, screened & elevated back deck/patio. Perfect for peaceful evenings or morning coffee. Primary bedrm has its own wonderful view of the lake, custom bathrm cabinetry, heated floors, jetted tub & a large, tiled shower w/2 shower heads & oversized rain head. Full, walkout, basement w/1076 finished & plenty of room for entertaining. 4th bedrm in bsmnt has a full-sized window. Backyard professionally landscaped w/huge patio, retention walls, river rock & fire pit at lake level that allows even more enjoyment of the lake & outdoors. Home has a 3-car garage AND detached 24x24 Bullock garage w/electrical service. HVAC system has 4 zones & very efficient. Tillable 3.5 acres.

Redfin Estimate
Market trends in 62638, IL
Last updated September 2026
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Est. $2,535 per month, based on comparable rentals
Sale and tax history for 121 N Waverly Lake Rd
- Sale History
- Tax History
$162/sq ft
$161/sq ft
$161/sq ft
Public record
Property details
Parking
- Parking Information
- Has Garage: Yes
- Garage Spaces: 4
- Parking Features: Attached, Detached, Private
Interior
- Bedroom Information
- Bedrooms (Total): 4
- Bathroom Information
- Bathrooms (Full): 3
- Bathrooms (Half): 1
- Room 1 Information
- Room 1 Full Bathrooms: 2
- Room 1 Half Bathrooms: 1
- Room 1 Area: 2113
- Room 1 Area Units: Feet.Inches
- Room 1 Type: Main Level
- Room 2 Information
- Room 2 Full Bathrooms: 0
- Room 2 Half Bathrooms: 0
- Room 2 Type: Upper Level
- Room 3 Information
- Room 3 Full Bathrooms: 0
- Room 3 Half Bathrooms: 0
- Room 3 Area Units: Feet.Inches
- Room 3 Type: Lower Level
- Room 4 Information
- Room 4 Full Bathrooms: 1
- Room 4 Half Bathrooms: 0
- Room 4 Area: 1076
- Room 4 Area Units: Feet.Inches
- Room 4 Type: Basement
- Room 5 Information
- Room 5 Full Bathrooms: 0
- Room 5 Half Bathrooms: 0
- Room 5 Area Units: Feet.Inches
- Room 5 Type: Additional Level
- Room 6 Information
- Room 6 Egress Window: Yes
- Room 6 Flooring: Carpet
- Room 6 Length: 14.3
- Room 6 Level: Main
- Room 6 Type: Bedroom 1
- Room 6 Width: 15.11
- Room 7 Information
- Room 7 Egress Window: Yes
- Room 7 Flooring: Carpet
- Room 7 Length: 13.2
- Room 7 Level: Main
- Room 7 Type: Bedroom 2
- Room 7 Width: 13.2
- Room 8 Information
- Room 8 Egress Window: Yes
- Room 8 Flooring: Carpet
- Room 8 Length: 13.3
- Room 8 Level: Main
- Room 8 Type: Bedroom 3
- Room 8 Width: 12.4
- Room 9 Information
- Room 9 Egress Window: Yes
- Room 9 Flooring: Carpet
- Room 9 Length: 12.5
- Room 9 Level: Basement
- Room 9 Type: Bedroom 4
- Room 9 Width: 14
- Room 10 Information
- Room 10 Flooring: Hardwood
- Room 10 Length: 16.2
- Room 10 Level: Main
- Room 10 Type: Living Room
- Room 10 Width: 18.7
- Room 11 Information
- Room 11 Flooring: Carpet
- Room 11 Length: 19.6
- Room 11 Level: Basement
- Room 11 Type: Family Room
- Room 11 Width: 18.4
- Room 12 Information
- Room 12Flooring: Tile
- Room 12 Length: 12.1
- Room 12 Level: Main
- Room 12 Type: Kitchen
- Room 12 Width: 27.5
- Room 13 Information
- Room 13 Flooring: Carpet
- Room 13 Length: 11.1
- Room 13 Level: Basement
- Room 13 Type: Recreation Room
- Room 13 Width: 22.5
- Room 14 Information
- Room 14 Flooring: Tile
- Room 14 Length: 9.3
- Room 14 Level: Main
- Room 14 Type: Laundry
- Room 14 Width: 6.2
- Room 15 Information
- Room 15 Full Bathrooms: 0
- Room 15 Half Bathrooms: 0
- Room 15 Type: Third Floor
- Heating & Cooling
- Cooling: Central Air
- Heating: Propane, Forced Air, Propane Rented
- Room Information
- Has Basement
- Basement: Egress Window(s), Full, Partially Finished, Walk-Out Access
- Interior Features
- Ceiling Fan(s),Ceilings/Cath/Vault/Tray
- Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
- Fireplace Features: Gas Log, Living Room
- Fireplaces Total: 1
Exterior
- Property Type
- Property Sub Type: Single Family Residence
- Exterior Features
- Dock
- Roof: Shingle
- Property Information
- Other Structures: Outbuilding
- Property Sub Type: Single Family Residence
- Lot Information
- Lot Features: Agricultural, Dead End Street, Lake View, Pond/Lake, Sloped, Wooded
- Lot Size Acres: 7.14
- Lot Size Dimensions: Irregular
- Road Surface Type: Gravel, Private Road, Shared
- Building Information
- Is New Construction: No
- Building Area Total: 2113
Financial
- Tax Information
- Tax Year: 2024
- Tax Annual Amount: 4256.6
- Tax Legal Description: PT W 1/2 SW SEC 32 ALSO PT SE NE COR SEC 31 ALSO TRACT 3 OF PLAT OF SURVEY RECORDED 4/2/02 DOC510983
Utilities
- Utility Information
- Water Source: Public, Septic System
Location
- School Information
- High School: Franklin District #1
- Location Information
- Directions: From Rt 104, North on Outing Club Rd, then East on Clevenger Rd, South on N Waverly Lake Rd. Home on the Right.
- Subdivision Name: None
- MLS Area Minor: Remainder Morgan Co
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 7.14 acres
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Morgan County
- APN: 1532300035
Other
- Listing Information
- MLS Area Minor: Remainder Morgan Co
- Standard Status: Closed
- Home Information
- Living Area: 3189
- Building Area Total: 2113
- Year Built: 2012
Around this home
Schools
Public PreK-2 • Assigned • 1.5mi
Public 6-12 • Assigned • 1.7mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 105° expected this year, 20 days in 30 years
1% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
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Nearby similar homes
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Home values near 121 N Waverly Lake Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $265,467 |
- Beds | - Baths | - Sq. Ft. | $131,439 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1593 Sq. Ft. | $403,231 |
- Beds | - Baths | - Sq. Ft. | $204,378 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $134,775 |
- Beds | - Baths | - Sq. Ft. | $131,255 |
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