10700 E Co Rd 550N, Lerna, IL 62440 Property Records

Coles County property record for 10700 E Co Rd 550N, Lerna, IL 62440

Property Summary

Property Type	Single Family Home
Details	4 bd · 3 ba · 2,680 sqft · built 1994
Lot Size	10 acres (435,600 sqft)
Owner	Individual Name on Record
Last Sale	$455,000 (Mar 2022)
Tax Bill	$10,714 (2025)
Deeds & Mortgages	Mar 2022 Sale & Mortgage Jul 2017 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`06-0-00993-000`

Property Details

APN / Parcel Number

Primary APN	`06-0-00993-000`

Interior

Bedrooms	4 Beds
Full Baths	3 Baths
Stories	1 Story
Building Area	2,680 sqft Base Area
1st Floor Area	2,680 sqft
Basement Area	1,533 sqft
Unfinished Basement	1,533 sqft

Exterior

Year Built	Built 1994
Effective Year Built	Effective 1994
Lot Area	435,600 sqft (10 acres)
Garage Type	Attached
Garage Area	926 sqft

Utilities, Heating & Cooling

Cooling System	Central

Location & Zoning

Street Address	10700 E COUNTY ROAD 550N
City	LERNA
State	IL
Zip	62440-2221
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PT OF SEC 26 BK 795 PG 328
Jurisdiction	COLES IL
Township / Civil Division	LAFAYETTE
Census Block Group	5
Census Block	5029
Census Tract	200

Owner

Source: Coles County records, as of June 23, 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	10700 E COUNTY ROAD 550N, LERNA, IL 62440-2221
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Mar 23, 2022	Warranty Deed, Transfer · VA Mortgage MORTGAGE RESEARCH CENTER LLC
Jul 18, 2017	Deed, Transfer · VA Mortgage USAA FSB

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 23, 2022 · Amount on Record
Deed Sale	Mar 23, 2022 · Amount on Record
Prior Sale	Jul 18, 2017 · Amount on Record
Deed Document Number	2022800183
Record Updated	Sep 20, 2026

March 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COLES IL
Recording Date	Mar 23, 2022
Property Address	10700 E COUNTY ROAD 550N, LERNA, IL 62440-2221
Document Number	202200800183
Instrument Date	Mar 9, 2022
Instrument	202200800183
Transaction Type	Transfer
Record Updated	Apr 26, 2022
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$455.00
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	10700 E COUNTY ROAD 550N, LERNA, IL 62440-2221

Mortgage

Document Number	202200800184
Date	Mar 23, 2022
Instrument	202200800184

Lender

Name	MORTGAGE RESEARCH CENTER LLC
Type	Mortgage Company

Agreement

Type	VA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Apr 1, 2052

Interest

Rate Type	Fixed Rate
Rate	3.99%

July 2017: Deed, Transfer

Document Type	Deed
Jurisdiction	COLES IL
Recording Date	Jul 18, 2017
Property Address	10700 E COUNTY ROAD 550N, LERNA, IL 62440-2221
Document Number	201700771316
Instrument Date	Jul 14, 2017
Instrument	201700771316
Transaction Type	Transfer
Record Updated	Jul 29, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$609.75
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	10700 E COUNTY ROAD 550N, LERNA, IL 62440-2221

Mortgage

Document Number	201700771318
Date	Jul 18, 2017
Instrument	201700771318

Lender

Name	USAA FSB
Type	Bank

Agreement

Type	VA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Aug 1, 2047

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	Charleston Community Unit School District 1 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$10,714.00 (+16.38%)	$178,398 (+22.32%) Land $20,430 Building $157,968	$535,194 (+22.32%) Land $61,290 Building $473,904
2023		$145,843 Land $16,702 Building $129,141	$437,529 Land $50,106 Building $387,423
2020	$9,206.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are 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 94% of the US · lower than 65% 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 (outdoors only) and 4G LTE

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