$244,900
- 3 Beds
- 3 Baths
- 1,512 sqft (on 0.55 acres)
5532 Prospect Ln, Lerna, IL 62440
Est. Refi. Payment $1,757/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 30, 2012 for $149,500
Home Value
Trulia Estimate
$245KSince last month
Increased$1K (+0.5%)Since last year
Increased$5K (+2.3%)Since last sale
Increased$95K (+63.5%)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 +54% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $244K |
| July 2026 | $243K |
| June 2026 | $245K |
| May 2026 | $246K |
| April 2026 | $243K |
| March 2026 | $240K |
| February 2026 | $237K |
| January 2026 | $234K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
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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 |
|---|---|---|---|---|---|---|---|
1.10 | Single-Family Home | $293,000 | 03/05/26 | 3 | 2 | 1,970 | |
1.33 | Single-Family Home | $400,000 | 03/05/26 | 3 | 2.5 | 2,086 | |
1.19 | Single-Family Home | $573,460 | 04/30/26 | 3 | 4.5 | 3,683 | |
1.94 | Single-Family Home | $167,000 | 05/28/26 | 4 | 2 | 1,750 | |
1.43 | Single-Family Home | $220,000 | 07/13/26 | 2 | 2 | 1,720 | |
2.60 | Single-Family Home | $180,000 | 09/11/25 | 3 | 2 | 2,115 | |
2.32 | Single-Family Home | $389,900 | 09/19/25 | 4 | 2.5 | 3,104 | |
2.56 | Single-Family Home | $255,000 | 10/17/25 | 3 | 2 | 1,634 | |
2.81 | Single-Family Home | $205,000 | 12/29/25 | 3 | 2 | 2,414 | |
2.72 | Single-Family Home | $155,000 | 11/24/25 | 3 | 2 | 2,616 |
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 |
|---|---|---|---|---|---|---|
0.23 | - | 4 | 4 | 1,700 | Off Market | |
0.26 | $289,600 | 3 | 2 | 2,016 | Off Market | |
0.85 | $31,900 | - | - | - | Recently Sold | |
0.93 | $32,000 | - | - | - | For Sale | |
0.93 | - | - | - | - | Off Market | |
0.96 | $150,000 | - | - | - | Recently Sold | |
1.01 | $315,500 | 2 | 3 | 1,957 | Off Market | |
1.03 | $563,900 | 4 | 3.5 | 4,926 | Off Market | |
1.10 | $293,000 | 3 | 2 | 1,970 | Recently Sold | |
1.15 | $510,000 | 5 | 3.5 | 3,321 | For Sale | |
1.15 | $271,800 | 3 | 2.5 | 1,582 | Off Market | |
1.17 | $413,200 | 3 | 2.5 | 2,701 | Off Market |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1970
Lot Size
0.55 acres
Living Area
1,512 sqft
Price/Sqft
$162
About this House
This single-family home is located at 5532 Prospect Ln, Lerna, IL. 5532 Prospect Ln is in Lerna, IL and in ZIP code 62440. This property has 3 bedrooms, 3 bathrooms and approximately 1,512 sqft of floor space. This property has a lot size of 0.55 acres and was built in 1970.
5532 Prospect Ln, Lerna, IL 62440 is a 3 bedroom, 3 bathroom, 1,512 sqft single-family home built in 1970. It last sold for $149,500 on Oct 30, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $244,900, with a rent estimate of $1,715/month.
Home Details for 5532 Prospect Ln
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Year Built Year Built: 1970 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.55 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 30, 2012 Source: CIBR #4214800 | Sold | $149,500 |
Aug 8, 2012 Source: Agent Provided | PriceChange | $158,500 Price decreased by 4% |
Apr 18, 2012 Source: Agent Provided | PriceChange | $164,900 Price decreased by 3% |
Feb 2, 2012 Source: Agent Provided | Listed For Sale | $169,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $3,621 | $181,458 |
Home facts updated by county records
Market trends in Lerna
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Around this home
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Frequently asked questions about 5532 Prospect Ln
- What is 5532 Prospect Ln estimated to be worth?Trulia's estimated value for 5532 Prospect Ln in Lerna, IL is $244,900.
- What is the price history for 5532 Prospect Ln?5532 Prospect Ln in Lerna, IL last sold for $149,500 in October 2012.
- Is Lerna a buyer's or seller's market?Lerna is currently a seller's market, based on recent for-sale activity.
- What are the closest schools to 5532 Prospect Ln?The closest schools to 5532 Prospect Ln in Lerna, IL are Arland D Williams Jr Elementary School (rated 6/10), Mattoon High School (rated 6/10), Mattoon Middle School (rated 6/10).
- How big is the lot at 5532 Prospect Ln?The lot at 5532 Prospect Ln in Lerna, IL is about 0.55 acres (23,958 sq ft).