13341 Phipps Ln, Lerna, IL 62440 Property Records

Coles County property record for 13341 Phipps Ln, Lerna, IL 62440

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 2,196 sqft · built 2003
Lot Size	10 acres (435,600 sqft)
Owner	2 Individual Names on Record
Last Sale	$390,000 (Jun 2025)
Tax Bill	$7,685 (2025)
Deeds & Mortgages	Oct 2025 Mortgage Jun 2025 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`11-0-01074-000`

Property Details

APN / Parcel Number

Primary APN	`11-0-01074-000`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Stories	1 Story
Building Area	2,196 sqft Base Area
1st Floor Area	2,196 sqft

Exterior

Year Built	Built 2003
Effective Year Built	Effective 2003
Lot Area	435,600 sqft (10 acres)
Garage Type	Attached
Garage Area	624 sqft

Location & Zoning

Street Address	13341 PHIPPS LN
City	LERNA
State	IL
Zip	62440-2421
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PT SE1/4 NE1/4 SW1/4 SEC 05 T11N R09E
Legal Range	09E
Legal Township	11N
Legal Section	05
Legal Subdivision	MATTOON
Jurisdiction	COLES IL
Township / Civil Division	PLEASANT GROVE
Census Block Group	1
Census Block	1097
Census Tract	600

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	2 Individual Names on Record
Mailing Address	13341 PHIPPS LN, LERNA, IL 62440-2421
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Date	Document
Oct 8, 2025	Deed of Trust, Mortgage · Conventional Mortgage FIRST FEDERAL SAVINGS & LOAN ASSOCIATION
Jun 26, 2025	Warranty Deed, Transfer · Closed-End Mortgage FIRST FEDERAL SAVINGS & LOAN ASSOCI
Dec 15, 2021	Warranty Deed, Transfer · Conventional Mortgage NORTH AMERICAN SAVINGS BANK FSB

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jun 26, 2025 · Amount on Record
Deed Sale	Jun 26, 2025 · Amount on Record
Prior Sale	Dec 15, 2021 · Amount on Record
Deed Document Number	2025817759
Prior Transfer Date	May 4, 2012
Prior Transfer Doc	0000737886
Record Updated	Oct 29, 2026

October 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COLES IL
Property Address	13341 PHIPPS LN, LERNA, IL 62440-2421
Transaction Type	Mortgage
Record Updated	Oct 22, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	13341 PHIPPS LN, LERNA, IL 62440-2421

Mortgage

Document Number	202500819433
Date	Oct 8, 2025
Instrument	202500819433

Lender

Name	FIRST FEDERAL SAVINGS & LOAN ASSOCIATION
Address	800 W LINCOLN AVE, CHARLESTON, IL 61920

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Nov 1, 2055

June 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COLES IL
Recording Date	Jun 26, 2025
Property Address	13341 PHIPPS LN, LERNA, IL 62440-2421
Document Number	202500817759
Instrument Date	Jun 26, 2025
Instrument	202500817759
Transaction Type	Transfer
Record Updated	Jun 23, 2026

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$390.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	50 W LAWRIN BLVD, TERRE HAUTE, IN 47803-2099

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	13341 PHIPPS LN, LERNA, IL 62440-2421

Mortgage

Document Number	202500817760
Date	Jun 26, 2025
Instrument	202500817760

Lender

Name	FIRST FEDERAL SAVINGS & LOAN ASSOCI

Agreement

Type	Closed-End Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Jun 26, 2026

Interest

Rate	8.75%

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COLES IL
Recording Date	Dec 15, 2021
Property Address	13341 PHIPPS LN, LERNA, IL 62440-2421
Document Number	202100798713
Instrument Date	Dec 10, 2021
Instrument	202100798713
Transaction Type	Transfer
Record Updated	Dec 31, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$335.00
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	13341 PHIPPS LN, LERNA, IL 62440-2421

Mortgage

Document Number	202100798714
Date	Dec 15, 2021
Instrument	202100798714

Lender

Name	NORTH AMERICAN SAVINGS BANK FSB
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 1, 2052

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Coles County
County Subdivision	Pleasant Grove 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	$7,685.00 (+0.65%) Homeowner's exemption	$133,870 (+6%) Land $24,147 Building $109,723	$401,610 (+6%) Land $72,441 Building $329,169
2024	$7,635.00 (+72%)	$126,292 (+5%) Land $22,780 Building $103,512	$378,876 (+5%) Land $68,340 Building $310,536
2023		$120,278 Land $21,695 Building $98,583	$360,834 Land $65,085 Building $295,749
2020	$4,439.00

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 Policies	1 in force
Nearby Flood Claims	1 (2018)
Most Recent Claim	Apr 2018 · 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 61% 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 15 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
Fidium Fiber DSL	100 / 10

May also be available: GigFire, T-Mobile.

Cell Coverage

5G and 4G LTE (outdoors only)

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