5471 Lace Rd, Lerna, IL 62440 Property Records

Coles County property record for 5471 Lace Rd, Lerna, IL 62440

Property Summary

Property Type	Single Family Home
Details	2,422 sqft · built 1969
Lot Size	1.24 acres (54,014 sqft)
Owner	Individual Name on Record
Last Sale	$205,000 (Oct 2018)
Tax Bill	$5,059 (2025)
Deeds & Mortgages	May 2020 Mortgage Oct 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`06-0-00932-002`

Property Details

APN / Parcel Number

Primary APN	`06-0-00932-002`

Interior

Stories	1 Story
Building Area	2,422 sqft Base Area
1st Floor Area	2,422 sqft

Exterior

Year Built	Built 1969
Effective Year Built	Effective 1969
Lot Area	54,014 sqft (1.24 acres)

Location & Zoning

Street Address	5471 LACE RD
City	LERNA
State	IL
Zip	62440-2202
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PT OF N SIDE NW1/4 SE1/4 SEC 25 T12N R8E
Legal Range	08E
Legal Township	12N
Legal Section	25
Jurisdiction	COLES IL
Township / Civil Division	LAFAYETTE
Census Block Group	1
Census Block	1026
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	Individual Name on Record
Mailing Address	5471 LACE RD, LERNA, IL 62440-2202
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 4, 2020	Deed of Trust, Mortgage · Conventional Mortgage FIRST MID BANK & TRUST NA
Oct 29, 2018	Warranty Deed, Transfer · Conventional Mortgage ARVEST BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 29, 2018 · Amount on Record
Deed Sale	Oct 29, 2018 · Amount on Record
Deed Document Number	2018778711
Record Updated	Sep 20, 2026

May 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COLES IL
Property Address	5471 LACE RD, LERNA, IL 62440-2202
Transaction Type	Mortgage
Record Updated	Jul 29, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202000787430
Date	May 4, 2020
Instrument	202000787430

Lender

Name	FIRST MID BANK & TRUST NA
Type	Bank
Address	MATTOON, IL 61938

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 1, 2050

October 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COLES IL
Recording Date	Oct 29, 2018
Property Address	5471 LACE RD, LERNA, IL 62440-2202
Document Number	201800778711
Instrument Date	Oct 26, 2018
Instrument	201800778711
Transaction Type	Transfer
Record Updated	Jul 29, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$307.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	517 LACE RD, 517, LERNA, IL 62440

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	5471 LACE RD, LERNA, IL 62440-2202

Mortgage

Document Number	201800778712
Date	Oct 29, 2018
Instrument	201800778712

Lender

Name	ARVEST BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Nov 1, 2048

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	$5,059.00 (+28.3%)	$85,722 (+22.32%) Land $5,909 Building $79,813	$257,166 (+22.32%) Land $17,727 Building $239,439
2023		$70,080 Land $4,831 Building $65,249	$210,240 Land $14,493 Building $195,747
2020	$3,943.00

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 96% of the US · lower than 74% 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 5 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
GigFire Fixed Wireless	100 / 20
Fidium Fiber DSL	10 / 1

May also be available: Nextlink, Verizon, Watch TV.

Cell Coverage

5G (outdoors only) and 4G LTE

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