5515 Prospect Ln
Lerna, IL 62440
4 Beds
2.5 Baths
2,100 sqft (on 1.03 acres)
4 Beds
2.5 Baths
2,100 sqft
(on 1.03 acres)
Local Information
- Map ViewExplore the area around 5515 Prospect Ln.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Description
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.
5515 Prospect Ln, Lerna, IL 62440 is a 4 bedroom, 3 bathroom, 2,100 sqft single-family home built in 1973. It last sold for $168,900 on Jul 7, 2020. It is currently off market. The Trulia Estimate is $262,700, with a rent estimate of $2,144/month.
Home Highlights
Parking
Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 5515 Prospect Ln
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Heating & Cooling Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Appliances & Utilities DishwasherMicrowaveRefrigerator |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: BrickPatioPorch |
Parking & Garage GarageParking Spaces: 4Parking: Garage Attached, Garage Detached |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 1.03 acres |
Price History for 5515 Prospect Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 07/07/2020 | $168,900 | Sold | CIBR #6194126 |
| 06/26/2020 | $168,900 | Pending | Agent Provided |
| 06/26/2020 | $168,900 | Listed For Sale | Agent Provided |
| 05/13/2020 | $168,900 | ListingRemoved | Agent Provided |
| 03/03/2020 | $168,900 | PriceChange | Agent Provided |
| 09/12/2019 | $174,900 | PriceChange | Agent Provided |
| 06/28/2019 | $179,900 | Listed For Sale | Agent Provided |
Market trends in Lerna
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
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,571 |
| Assessment | $179,163 |
Home facts updated by county records
Comparable Sales for 5515 Prospect Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.09 | Single-Family Home | $293,000 | 03/05/26 | 3 | 2 | 1,970 | |
1.32 | Single-Family Home | $400,000 | 03/05/26 | 3 | 2.5 | 2,086 | |
1.89 | Single-Family Home | $167,000 | 05/28/26 | 4 | 2 | 1,750 | |
1.38 | Single-Family Home | $377,000 | 07/21/25 | 3 | 3 | 2,856 | |
1.18 | Single-Family Home | $573,460 | 04/30/26 | 3 | 4.5 | 3,683 | |
2.28 | Single-Family Home | $389,900 | 09/19/25 | 4 | 2.5 | 3,104 | |
2.55 | Single-Family Home | $180,000 | 09/11/25 | 3 | 2 | 2,115 | |
2.62 | Single-Family Home | $255,000 | 10/17/25 | 3 | 2 | 1,634 | |
2.77 | Single-Family Home | $205,000 | 12/29/25 | 3 | 2 | 2,414 | |
2.69 | Single-Family Home | $155,000 | 11/24/25 | 3 | 2 | 2,616 |
Nearby homes
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OFF MARKET
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SOLDJUN 12, 2026
SOLDFEB 27, 2026
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SOLDMAY 26, 2026
SOLDMAR 5, 2026
FOR SALE1.31 ACRES
OFF MARKET
Assigned Schools
These are the assigned schools for 5515 Prospect Ln.
- Mattoon High School
- 9-12
- Public
- 843 Students
6/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Mattoon Middle School
- 6-8
- Public
- 598 Students
6/10GreatSchools RatingParent Rating AverageI am very upset knowing my boyfriend finished school faster than the whole school and was still last in the graduation. Didn’t even recognize him that he graduated early. Nor did they even have a spot for him whenever he got there!Other Review1mo ago - Arland D Williams Jr Elementary School
- K-5
- Public
- 639 Students
6/10GreatSchools RatingParent Rating AverageI have had a son who went here. He has ADHD and the principal all the teachers he has had since kindergarten have been exceptional and went way above their job to help him succeed. The counselor , mrs Easton, mrs Englund , and mr g(sorry can't rem how it's spelled) have been the greatest. We recently had to move to champain and did not get the chance to know his 4th grade teacher yet. We miss this school alot. And would recommend it highly. Again. Thank youParent Review14y ago 
Check out schools near 5515 Prospect Ln.
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Apartments for Rent
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Off Market Homes Near 5515 Prospect Ln
SOLDJUL 10, 2026
SOLDMAY 28, 2026- SOLDMAY 26, 2026
SOLDMAY 20, 2026
SOLDMAY 6, 2026
SOLDMAY 5, 2026
SOLDAPR 30, 2026
SOLDAPR 30, 2026RYAN DALLAS REAL ESTATE, Closed
SOLDMAR 27, 2026
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