5500 E  Anchor Ln, Olney, IL 62450
OFF MARKET

5500 E Anchor Ln
Olney, IL 62450

  • Studio

$253,600

Trulia Estimate
as of Jul 31, 2026
Est. Refi. Payment $1,700/mo*

$253,600

Trulia Estimate
as of Jul 31, 2026
Est. Refi. Payment $1,700/mo*
Studio
(on 1.54 acres)

Local Information

  • Map ViewExplore the area around 5500 E Anchor Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
1.54 acres

About this House

Country brick ranch style home with 3-5 bedrooms, 4 baths, formal living and dining area with fireplace, family room with fireplace, spacious kitchen with cherry cabinets and island with built-in cooktop, full partially finished basement, screened-in sun porch, recreation room and lots of storage. Home was remodeled in 1990. Only a few miles from Olney.
5500 E Anchor Ln, Olney, IL 62450 is a studio single-family home. It is currently off market. The Trulia Estimate is $253,600, with a rent estimate of $1,074/month.

Home Details for 5500 E Anchor Ln

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1.54 acres

Market trends in Olney

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
38
9
MoM
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Property Tax and Assessment

Year2024
Tax$4,881
Assessment$75,947
Home facts updated by county records

Comparable Sales for 5500 E Anchor Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.34
Single-Family Home
$415,000
11/06/25
-
-
2.02
Single-Family Home
$299,900
08/05/25
-
-
2.28
Single-Family Home
$579,000
07/10/26
4
3
3,450
2.44
Single-Family Home
$750,000
08/04/25
-
-
3.17
Single-Family Home
$370,000
06/25/26
4
4
3,500
2.60
Single-Family Home
$895,000
11/04/25
-
-
2.89
Single-Family Home
$141,750
08/27/25
3
1
1,080
2.87
Single-Family Home
$130,000
11/12/25
3
1.5
1,137
2.74
Single-Family Home
$290,000
12/03/25
-
-
3.05
Single-Family Home
$208,000
07/07/26
3
2
2,100

Nearby homes

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What Locals Say about Olney

At least 31 Trulia users voted on each feature.
  • 90 % Say parking is easy

  • 90 % Say yards are well-kept

  • 87 % Say people would walk alone at night

  • 79 % Say it's dog friendly

  • 76 % Say there's wildlife

  • 75 % Say car is needed

  • 74 % Say kids play outside

  • 72 % Say there's holiday spirit

  • 70 % Say it's quiet

  • 61 % Say there are sidewalks

  • 60 % Say neighbors are friendly

  • 54 % Say it's walkable to restaurants

  • 51 % Say they plan to stay for at least 5 years

  • 50 % Say it's walkable to grocery stores

  • 29 % Say streets are well-lit

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ladymystictenchi85
    "we have white squirrels, and a county fair. lots of fishing holes and swimming pool. most people are friendly"
  • BR
    "It’s small and quaint. Most people know each other. Low crime rate. Known for their white squirrels "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 5500 E Anchor Ln

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Off Market Homes Near 5500 E Anchor Ln

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