Coles County property record for 5514 Prospect Ln, Lerna, IL 62440 · Last verified August 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Bedrooms | 3 Beds |
| Bathrooms | 1.5 Baths |
| Year Built | Built 1970 |
| Square Footage | 1,408 sqft Base Area |
| Lot Size | 23,087 sqft (0.53 acres) |
| Garage | Attached, 528 sqft |
| Occupancy | Owner Occupied |
| Tax Bill | $3,509.00 (2025) |
| Primary APN | 06-0-01670-000 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 1.5 Baths |
| Partial Baths | 1 Partial Baths |
| Building Area | 1,408 sqft Base Area |
| 1st Floor | 1,408 sqft 1st Floor |
| Stories | 1 Stories |
| Year Built | Built 1970 |
|---|---|
| Effective Year Built | Effective 1970 |
| Lot Area | 23,087 sqft (0.53 acres) |
| Garage Type | Attached Garage |
| Garage Area | 528 sqft Garage |
| Cooling System | Central Cooling |
|---|
| Street Address | 5514 PROSPECT LN |
|---|---|
| City | LERNA |
| State | IL |
| Zip | 62440-2223 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Description | HICKORY HILLS SUBDIVISION LOT 07 |
| Legal Subdivision | HICKORY HILLS SUBDIVISION |
| Legal Lot Number | 7 |
| Jurisdiction | COLES IL |
| Minor Civil Division | LAFAYETTE |
| Census Blockgroup | 5 |
| Census Block | 5026 |
| Census Tract | 200 |
Source: Coles County records · APN 06-0-01670-000
Assessment roll updated June 23, 2026 · Last verified August 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 File |
|---|---|
| Mailing Address | 5514 PROSPECT LN, LERNA, IL 62440-2223 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Vesting | Tenants In Common |
| Date | Document |
|---|---|
| Apr 23, 2024 | Deed of Trust, Mortgage · Federal Housing Administration (FHA) Mortgage ROCKET MORTGAGE LLC |
| Apr 08, 2022 | Deed of Trust, Mortgage · Conventional Mortgage LAKEVIEW LOAN SERVICING LLC |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Last Sale | Apr 23, 2024 |
| Deed Sale | Apr 23, 2024 |
| Prior Sale | Jul 26, 2007 · Amount on Record |
| Deed Doc Number | 2024811630 |
| Prior Transfer Date | Mar 29, 2024 |
| Prior Transfer Doc | 0000811630 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COLES IL |
| Property Address | 5514 PROSPECT LN, LERNA, IL 62440-2223 |
| Transaction Type | Mortgage |
| Record Updated | May 10, 2024 |
| Name | Verified Name |
|---|
| Document Number | 202400811631 |
|---|---|
| Date | Apr 23, 2024 |
| Instrument | 202400811631 |
| Name | ROCKET MORTGAGE LLC |
|---|---|
| Type | Mortgage Company |
| Address | 1050 WOODWARD AVE, DETROIT, MI 48226 |
| Type | Federal Housing Administration (FHA) Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Apr 01, 2054 |
| Rate | 6.62% |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COLES IL |
| Property Address | 5514 PROSPECT LN, LERNA, IL 62440-2223 |
| Transaction Type | Mortgage |
| Record Updated | May 02, 2022 |
| Name | Verified Name |
|---|
| Document Number | 202200800501 |
|---|---|
| Date | Apr 08, 2022 |
| Instrument | 202200800501 |
| Name | LAKEVIEW LOAN SERVICING LLC |
|---|---|
| Type | Mortgage Company |
| Address | MIAMI, FL 33146 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 181 Months |
| Due | May 01, 2037 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 3.75% |
Source: Coles County records · Assessment roll updated June 23, 2026 · Last verified August 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Coles County |
| County Subdivision | Lafayette Township |
| Unified School District | Mattoon Community Unit School District 2 (PK - 12) |
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.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $3,509.00 (+15.01%) | $56,475 (+22.32%) Land $8,611 Building $47,864 | $169,425 (+22.32%) Land $25,833 Building $143,592 |
| 2023 | $46,170 Land $7,040 Building $39,130 | $138,510 Land $21,120 Building $117,390 | |
| 2020 | $3,051.00 |
Source: FEMA National Flood Hazard Layer, Coles County (17029C), updated July 18, 2011 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Low above 5% of the US · above 34% of Illinois |
|---|---|
| Wildfire Likelihood | Less than 1 in 10,000 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; lenders make the official flood determination.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures