5500 E Anchor Ln
Olney, IL 62450
- Studio
Studio
(on 1.54 acres)
Local Information
-- mins to
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
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Property Type / Style Property Type: Single Family Home |
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Lot Area: 1.54 acres |
Market trends in Olney
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
38
9MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| 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
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5500 E Anchor Ln.
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.
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LGBTQ Local Legal Protections