5540 Prospect Ln
Lerna, IL 62440
- 3 Beds
- 2 Baths
- 1,686 sqft (on 0.38 acres)
3 Beds
2 Baths
1,686 sqft
(on 0.38 acres)
Local Information
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Description
A RARE FIND IN TODAY'S MARKET ~ Nestled on a quiet cul-de-sac, this home offers the perfect combination of comfort, style, & modern upgrades. As you step inside, you are greeted by the open-concept living space that seamlessly connects the kitchen & living room overlooking the expansive deck. The kitchen is a dream, featuring new refrigerator & dishwasher plus custom cabinetry. Three nicely sized bedrooms and remodeled bath complete the main level. Downstairs, you'll find the family room, bonus room, full bath & laundry area. Step outside through the walk-out basement and discover the spacious patio & wooded views. Just a few of the numerous upgrades in 2023 include: Main ~ flooring throughout, heat pump & central air, full bath remodel including surround, vanity, toilet & fixtures, doors, paint, trim, lighting, and fireplace remodel; Lower ~ paint, trim, lighting, and doors; Exterior ~ rock driveway, shutters and walkway. Don't miss the opportunity to own this exceptional property!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from July 12, 2023
Home Highlights
Parking
2 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 5540 Prospect Ln
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Interior Details Basement: Finished,Walk-Out Access,PartialNumber of Rooms: 7Types of Rooms: Bedroom, Bonus Room, Family Room, Full Bath, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Appliances & Utilities Appliances: Built-In, Dishwasher, Electric Water Heater, Microwave, Range, RefrigeratorDishwasherMicrowaveRefrigerator |
Heating & Cooling Heating: Heat Pump,RadiantHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Family/Living/Great Room, Wood BurningHas a Fireplace |
Windows, Doors, Floors & Walls Window: Replacement Windows |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: One |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: Patio, DeckExterior: DeckFoundation: Basement |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Garage |
Frontage Road Surface Type: GravelNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
Finished Area Finished Area (above surface): 1131 Square FeetFinished Area (below surface): 555 Square Feet |
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Cumulative Days on Market: 15 |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Brick, Vinyl Siding |
Property Information Parcel Number: 06001668000 |
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Price List Price: $159,500 |
Status Change & Dates Off Market Date: Thu Jun 22 2023Possession Timing: Closing |
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MLS Status: Closed |
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Direction & Address City: LernaCommunity: Hickory Hills Sub |
School Information Elementary School District: Mattoon Dist. 2Jr High / Middle School District: Mattoon Dist. 2High School District: Mattoon Dist. 2 |
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Building Area Building Area: 1686 Square Feet |
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Association for this Listing: Central Illinois Board Of REALTORS |
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Lot Area: 0.38 acres |
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Special Conditions: None |
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BasementMls Number: 6227542Living Area Range Units: Square FeetAbove Grade Unfinished Area: 1131 |
Last check for updates: about 2 hours ago
Listed by Emily Floyd, (217) 549-1640
Coldwell Banker Classic Real Estate
Bought with: Trisha Bird, (217) 273-4872, Coldwell Banker Classic Real Estate
Originating MLS: Central Illinois Board Of REALTORS
Source: CIBR, MLS#6227542

Price History for 5540 Prospect Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 07/12/2023 | $180,000 | Sold | CIBR #6227542 |
| 06/22/2023 | $159,500 | Pending | CIBR #6227542 |
| 06/09/2023 | $159,500 | Contingent | CIBR #6227542 |
| 06/07/2023 | $159,500 | Listed For Sale | CIBR #6227542 |
| 09/07/2007 | $120,500 | Sold | N/A |
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,867 |
| Assessment | $129,390 |
Home facts updated by county records
Comparable Sales for 5540 Prospect Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.08 | Single-Family Home | $293,000 | 03/05/26 | 3 | 2 | 1,970 | |
1.31 | Single-Family Home | $377,000 | 07/21/25 | 3 | 3 | 2,856 | |
1.93 | Single-Family Home | $167,000 | 01/09/26 | 4 | 2 | 1,750 | |
1.17 | Single-Family Home | $573,460 | 04/30/26 | 3 | 4.5 | 3,683 | |
2.60 | Single-Family Home | $180,000 | 09/11/25 | 3 | 2 | 2,115 | |
2.55 | Single-Family Home | $255,000 | 10/17/25 | 3 | 2 | 1,634 | |
2.75 | Single-Family Home | $155,000 | 11/24/25 | 3 | 2 | 2,616 | |
2.82 | Single-Family Home | $107,000 | 06/03/25 | 3 | 2 | 1,629 | |
2.31 | Single-Family Home | $389,900 | 09/19/25 | 4 | 2.5 | 3,104 |
Nearby homes
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Apartments for Rent
Homes for sale near 5540 Prospect Ln
Off Market Homes Near 5540 Prospect Ln

Copyright Central Illinois Board of REALTORS® (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.
Homes for rent near 5540 Prospect Ln
5540 Prospect Ln, Lerna, IL 62440 is a 3 bedroom, 2 bathroom, 1,686 sqft single-family home built in 1970. This property is not currently available for sale. 5540 Prospect Ln was last sold on Jul 12, 2023 for $180,000 (13% higher than the asking price of $159,500). The current Trulia Estimate for 5540 Prospect Ln is $218,500.

