This home's estimate is 17.6% higher than the average sale price ($226K) of 6 comparable homes.
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5515 Prospect Ln, Lerna, IL 62440
About this home
Beautiful 2 story 4 bedroom, 2.5 bath home in country setting. Living room with wood fireplace, kitchen with abundance of cabinets and 2 pantries. Family room with hardwood flooring large enough for gatherings. Patio overlooks woods and backyard. 2 car attached garage and 30x40 coach house detached garage that is insulated, has electricity, and 11 ft doors. All electric home updates include: heat pump & air - 2007, roof - 2009, water heater, 2013 replacement windows - 2002.
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Market trends in 62440, IL
Last updated August 2026
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Sale history for 5515 Prospect Ln
$80/sq ft
$80/sq ft
$80/sq ft
Tax history for 5515 Prospect Ln
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- Has Attached Garage
- # of Garage Spaces: 4
- Parking Features: Attached, Detached, Garage
Interior
- Bathroom Information
- # of Full Bathrooms: 2
- # of Half Bathrooms: 1
- Heating & Cooling
- Has Cooling
- Cooling: Central Air
- Has Heating
- Heating: Electric, Heat Pump
- Interior Features
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Wood Burning
- Room Information
- # of Rooms Total: 8
- Laundry Features: Main Level
- Basement Details: Crawl Space
Exterior
- Exterior Features
- Patio And Porch Features: Patio
- Roof: Shingle
- Building Information
- Sq. Ft.: 2100
- Above Grade Finished Area: 2,100
- Levels: Two
- # of Stories Total: 2
- Construction Materials: Brick
- Property Features
- Other Structures: Outbuilding
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: Single Family Residence
- Lot Information
- Road Surface Type: Concrete
- Lot Size : 1.03
- Lot Size Area: 1.03
- Lot Size Units: Acres
- Lot Size Acres: 1.03
- Zoning: RES
Financial
- Tax Information
- Tax Annual Amount: $2,649
Utilities
- Utility Information
- Water Source: Other
- Sewer: Septic Tank
Location
- Schools Information
- Elementary School District: Mattoon Dist. 2
- Middle Or Junior School District: Mattoon Dist. 2
- High School District: Mattoon Dist. 2
- Location Information
- Directions: South on Lerna, East on 550 N, On Corner of Prospect
- Subdivision Name: Hickory Hills Sub
Public facts
- Beds: 4
- Baths: 2.5
- Sq. Ft.: 2,100
- Stories: —
- Lot Size: 1.03 acres
- Style: Single Family Residential
- Year Built: 1973
- Year Renovated: 1973
- County: Coles County
- APN: 6001664000
Other
- Listing Information
- List AOR: CentralIllinoisBoardOfRealtors
Around this home
Schools
Public K-5 • Assigned • 4.9mi
Public 6-8 • Assigned • 4.9mi
Public 9-12 • Assigned • 6.1mi
Lifestyle
Provided by Walk Score and Local Logic
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 104° expected this year, 19 days in 30 years
2% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 10.2 hours in June and 3.8 hours in December, which is comparable to the U.S. average for solar exposure.
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Nearby similar homes
Home values near 5515 Prospect Ln
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 2448 Sq. Ft. | $209,069 |
3 Beds | 2 Baths | 1686 Sq. Ft. | $220,046 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2638 Sq. Ft. | $248,817 |
3 Beds | 2.5 Baths | 1512 Sq. Ft. | $244,850 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1976 Sq. Ft. | $267,708 |
3 Beds | 1.5 Baths | 1408 Sq. Ft. | $215,640 |
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