Listed by John D Grissom, Berkshire Hathaway HomeServices Select Properties, (618) 363-9004 . Bought with Equity Realty Group, LLC
$310,000
- 3 Beds
- 2.5 Baths
- 1,598 sqft (on 0.26 acres)
516 Lanahan Dr, Troy, IL 62294
Est. Refi. Payment $2,221/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 5, 2026 for $308,000 (8% above list price)
Home Value
Trulia Estimate
$310KSince last month
$100 (0%)Since last year
Increased$41K (+15.3%)Since last sale
Increased$2K (+0.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +95% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $310K |
| August 2026 | $311K |
| July 2026 | $310K |
| June 2026 | $310K |
| May 2026 | $287K |
| April 2026 | $287K |
| March 2026 | $269K |
| February 2026 | $266K |
| January 2026 | $259K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $255,000 | 06/10/26 | 3 | 2.5 | 1,834 | |
0.21 | Single-Family Home | $270,000 | 10/28/25 | 3 | 2.5 | 1,825 | |
0.33 | Single-Family Home | $280,000 | 07/31/26 | 3 | 2 | 1,629 | |
0.18 | Single-Family Home | $285,000 | 10/03/25 | 4 | 2 | 1,890 | |
0.29 | Single-Family Home | $269,900 | 01/05/26 | 3 | 2 | 1,888 | |
0.32 | Single-Family Home | $330,000 | 03/13/26 | 3 | 2 | 1,824 | |
0.28 | Single-Family Home | $255,650 | 10/06/25 | 4 | 3 | 1,815 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $255,000 | 3 | 2.5 | 1,834 | Recently Sold | |
0.09 | $296,800 | 3 | 1.5 | 1,821 | Off Market | |
0.10 | $60,000 | - | - | - | For Sale | |
0.13 | $271,900 | 3 | 3 | 2,076 | Off Market | |
0.18 | $291,500 | 4 | 2 | 1,890 | Off Market | |
0.20 | $368,900 | 4 | 2.5 | 2,236 | Off Market | |
0.21 | $275,700 | 3 | 2.5 | 1,825 | Off Market | |
0.26 | $351,100 | 3 | 2 | 2,076 | Off Market | |
0.28 | $261,800 | 4 | 3 | 1,815 | Off Market | |
0.29 | $228,300 | 3 | 1.5 | 1,515 | Off Market | |
0.26 | $264,800 | 3 | 1.5 | 1,432 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1994
0.26 acre lot
1,598 sqft
$193/sqft
1 Car Garage
About this House
Nestled on a quiet street in Troy, this beautifully updated home offers a serene setting with mature trees and a beautiful lake view, creating a peaceful neighborhood backdrop. Enjoy relaxing walks and a true sense of community, all while being conveniently located within walking distance to the elementary school and less than five minutes from the middle and high schools.
Upstairs, you'll find a bright, open-concept layout featuring a spacious living room, kitchen, and dining area—perfect for everyday living and entertaining. The fully updated kitchen boasts granite countertops, a center island, and includes all appliances. Three bedrooms are located on the main floor, including a primary suite with its own private bathroom.
This home has seen extensive updates in recent years, offering both style and peace of mind. Improvements include a new roof, six-panel doors, washer and dryer, refrigerator, dishwasher, and sliding back door (2020). Additional upgrades include an asphalt driveway (2021), updated spare bathroom (2022), privacy fence and above-ground swimming pool (2023), and a brand-new kitchen with island, RV hookup, electric car charger, 8' x 10' shed, and composite deck (2024). New double-hung windows were installed in 2025.
With modern upgrades, functional outdoor space, and a tranquil setting, this move-in-ready home combines comfort, convenience, and long-term value.
Upstairs, you'll find a bright, open-concept layout featuring a spacious living room, kitchen, and dining area—perfect for everyday living and entertaining. The fully updated kitchen boasts granite countertops, a center island, and includes all appliances. Three bedrooms are located on the main floor, including a primary suite with its own private bathroom.
This home has seen extensive updates in recent years, offering both style and peace of mind. Improvements include a new roof, six-panel doors, washer and dryer, refrigerator, dishwasher, and sliding back door (2020). Additional upgrades include an asphalt driveway (2021), updated spare bathroom (2022), privacy fence and above-ground swimming pool (2023), and a brand-new kitchen with island, RV hookup, electric car charger, 8' x 10' shed, and composite deck (2024). New double-hung windows were installed in 2025.
With modern upgrades, functional outdoor space, and a tranquil setting, this move-in-ready home combines comfort, convenience, and long-term value.
516 Lanahan Dr, Troy, IL 62294 is a 3 bedroom, 3 bathroom, 1,598 sqft single-family home built in 1994. It last sold for $308,000 on Jun 5, 2026 (8% above the $285,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $310,000, with a rent estimate of $2,127/month.
Home Details for 516 Lanahan Dr
|
|---|
MLS Status: Closed |
|
|---|
Interior Details Basement: Concrete,Partially Finished,Storage Space,Sump PumpNumber of Rooms: 6Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Family Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1598 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground UtilitiesAppliances: Dishwasher, Microwave, Electric Oven, Refrigerator, Gas Water HeaterDishwasherMicrowaveRefrigerator |
Heating & Cooling Heating: Electric,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Basement, GasHas a Fireplace |
Gas & Electric Electric: 220 VoltsHas Electric on Property |
Windows, Doors, Floors & Walls Window: Double Pane Windows, Insulated WindowsFlooring: Hardwood |
Levels, Entrance, & Accessibility Levels: OneFloors: Hardwood |
|
|---|
Exterior Home Features Roof: Aluminum Architectural ShinglePatio / Porch: Covered, Front Porch, PatioExterior: Private YardFoundation: Concrete PerimeterHas a Private PoolPatio |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Additional Parking,Concrete,Electric Vehicle Charging Station(s),Garage,Garage Door Opener |
Pool Pool: Above GroundPool |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1118 Square FeetFinished Area (below surface): 480 |
|
|---|
Cumulative Days on Market: 8 |
|
|---|
Year Built Year Built: 1994 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Ranch |
Building Building: Basement, Bathrooms, Patio, PoolConstruction Materials: Brick, Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty |
Property Information Condition: Updated/RemodeledParcel Number: 092221009101016.001 |
|
|---|
Price List Price: $285,000Price Per Sqft: $193/sqft |
Status Change & Dates Off Market Date: Tue May 05 2026Possession Timing: Close Of Escrow |
|
|---|
Direction & Address City: TroyCommunity: Second Lanahan |
School Information Elementary School: Triad Dist 2Jr High / Middle School: Triad Dist 2High School: TriadHigh School District: Triad DIST 2 |
|
|---|
Building Area Building Area: 1598 Square Feet |
|
|---|
Community Features: LakeNot Senior Community |
|
|---|
HOA Fee Includes: Common Area MaintenanceHOA Name: Lanahan Lake AssociationAssociation for this Listing: Southwestern Illinois Board of REALTORSNo HOA |
|
|---|
Lot Area: 0.26 acres |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash, Conventional, FHA, VA Loan |
|
|---|
Business Information Ownership: Private |
|
|---|
BasementMls Number: 26025112Above Grade Unfinished Area: 1118Showing Requirements: Appointment Only, Occupied |
|
|---|
Lake |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 5, 2026 Source: MARIS #26025112 | Sold | $308,000 |
May 5, 2026 Source: MARIS #26025112 | Pending | $285,000 |
Apr 27, 2026 Source: MARIS #26025112 | Listed For Sale | $285,000 |
Apr 6, 2020 Source: MARIS #20015945 | Sold | $185,000 |
Mar 15, 2020 Source: Agent Provided | Pending | $185,000 |
Mar 14, 2020 Source: Agent Provided | Listed For Sale | $185,000 |
Apr 8, 2016 Source: N/A | Sold | $159,000 |
Feb 23, 2016 Source: Agent Provided | Listed For Sale | $159,000 |
Apr 30, 2011 Source: Agent Provided | ListingRemoved | $153,000 |
Jan 31, 2011 Source: Agent Provided | Listed For Sale | $153,000 |
Jul 28, 2003 Source: N/A | Sold | $118,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | Unavailable | $215,160 |
Home facts updated by county records
Market trends in Troy
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
39
9MoM
Around this home
What Locals Say about Troy
At least 73 Trulia users voted on each feature.
95 % Say car is needed
92 % Say parking is easy
89 % Say it's dog friendly
88 % Say people would walk alone at night
84 % Say yards are well-kept
84 % Say there's holiday spirit
78 % Say kids play outside
71 % Say streets are well-lit
70 % Say there are sidewalks
69 % Say it's quiet
58 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
46 % Say there's wildlife
35 % Say there are community events
33 % Say it's walkable to restaurants
23 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Click here for more information
Frequently asked questions about 516 Lanahan Dr
- What is 516 Lanahan Dr estimated to be worth?Trulia's estimated value for 516 Lanahan Dr in Troy, IL is $310,000.
- What is the price history for 516 Lanahan Dr?516 Lanahan Dr in Troy, IL last sold for $308,000 in June 2026.
- Is Troy a buyer's or seller's market?Troy is currently a seller's market, based on recent for-sale activity.
- What do residents say about Troy?Residents describe Troy, IL as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Troy, IL.
- Does 516 Lanahan Dr have air conditioning?Yes, 516 Lanahan Dr in Troy, IL has air conditioning.
- Does 516 Lanahan Dr have a pool?Yes, 516 Lanahan Dr in Troy, IL has a pool.

