5532 Prospect Ln, Lerna, IL 62440
OFF MARKET

$244,900

Trulia Estimate
  • 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 Home
Currently Off Market - Sold Oct 30, 2012 for $149,500

Home Value

Trulia Estimate
$245K
Since 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
MonthEstimated 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
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
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

  • Map ViewExplore the area around 5532 Prospect Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.55 acres

Price and Tax history

DateEventPrice
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

Market trends in Lerna

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings

LGBTQ Local Legal Protections

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).

Apartments for Rent

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Off Market Homes Near 5532 Prospect Ln

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