10422 E Co Rd 550N, Lerna, IL 62440 Property Records

Coles County property record for 10422 E Co Rd 550N, Lerna, IL 62440

Property Summary

Property Type	Rural Home
Details	1,120 sqft · built 1982
Lot Size	13.3 acres (583,268 sqft)
Owner	Individual Name on Record
Last Sale	$480,000 (Oct 2023)
Tax Bill	$3,424 (2025)
Deeds & Mortgages	Oct 2023 Sale Oct 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`06-0-00976-001`

Property Details

APN / Parcel Number

Primary APN	`06-0-00976-001`

Interior

Stories	1 Story
Building Area	1,120 sqft Base Area
1st Floor Area	1,120 sqft

Exterior

Year Built	Built 1982
Effective Year Built	Effective 1982
Lot Area	583,268 sqft (13.3 acres)
Garage Type	Detached
Garage Area	600 sqft

Location & Zoning

Street Address	10422 E COUNTY ROAD 550N
City	LERNA
State	IL
Zip	62440-2227
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Legal Description	PART OF NE1/4 SW1/4 AND NW1/4 SE1/4 SEC 26 T12N R8E
Legal Range	08E
Legal Township	12N
Legal Section	26
Jurisdiction	COLES IL
Township / Civil Division	LAFAYETTE
Census Block Group	5
Census Block	5028
Census Tract	200

Owner

Source: Coles County records, as of July 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	10422 E COUNTY ROAD 550N, LERNA, IL 62440-2227
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Oct 2, 2023	Warranty Deed, Transfer ATTORNEY ONLY, ATTORNEY
Oct 1, 2019	Executor's Deed, Transfer · Conventional Mortgage FIRST NEIGHBOR BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 2, 2023 · Amount on Record
Deed Sale	Oct 2, 2023 · Amount on Record
Prior Sale	Oct 1, 2019 · Amount on Record
Deed Document Number	2023808894
Record Updated	Sep 20, 2026

October 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COLES IL
Recording Date	Oct 2, 2023
Property Address	10422 E COUNTY ROAD 550N, LERNA, IL 62440-2227
Document Number	202300808894
Instrument Date	Sep 29, 2023
Instrument	202300808894
Transaction Type	Transfer
Record Updated	Feb 29, 2024
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Tax	$480.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	10422 E COUNTY ROAD 550N, LERNA, IL 62440-2227

October 2019: Executor's Deed, Transfer

Document Type	Executor's Deed
Jurisdiction	COLES IL
Recording Date	Oct 1, 2019
Property Address	10422 E COUNTY ROAD 550N, LERNA, IL 62440-2227
Document Number	201900784112
Instrument Date	Sep 30, 2019
Instrument	201900784112
Transaction Type	Transfer
Record Updated	Jul 29, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$262.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	10422 E COUNTY ROAD 550N, 10422, LERNA, IL 62440-2227

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	10422 E COUNTY ROAD 550N, LERNA, IL 62440-2227

Mortgage

Document Number	201900784113
Date	Oct 1, 2019
Instrument	201900784113

Lender

Name	FIRST NEIGHBOR BANK NA

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

Source: Coles County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Coles County
County Subdivision	Lafayette Township
Unified School District	Mattoon Community Unit School District 2 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,424.00 (+10.13%)	$55,108 (+18.59%) Land $21,907 Building $33,201	$165,324 (+18.59%) Land $65,721 Building $99,603
2023		$46,469 (+1.5%) Land $17,895 Building $28,574	$139,407 Land $53,685 Building $85,722
2022		$45,783 Land $17,551 Building $28,232
2020	$3,109.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective July 18, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	2 (1999–2021)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Jun 2021 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 93% of the US · above 42% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 6 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
Fidium Fiber DSL	80 / 5

May also be available: Verizon, Watch TV.

Cell Coverage

5G and 4G LTE (outdoors only)

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