5515 Prospect Ln, Lerna, IL 62440 Property Records

Coles County property record for 5515 Prospect Ln, Lerna, IL 62440 · Last verified July 2026

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 2,100 sqft · built 1973
Lot Size	1.03 acres (44,867 sqft)
Owner	Individual Name on File
Last Sale	$169,000 (Jul 2020)
Tax Bill	$3,717 (2025)
Deeds & Mortgages	Sep 2022 Transfer Sep 2022 Transfer + 1 more
Flood Zone	Zone X (minimal risk)
APN	`06-0-01664-000`

Property Details

APN / Parcel Number

Primary APN	`06-0-01664-000`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Stories	1 Story
Building Area	2,100 sqft Base Area
1st Floor Area	2,100 sqft

Exterior

Year Built	Built 1973
Effective Year Built	Effective 1973
Lot Area	44,867 sqft (1.03 acres)
Garage Type	Attached
Garage Area	484 sqft

Utilities, Heating & Cooling

Cooling System	Central

Location & Zoning

Street Address	5515 PROSPECT LN
City	LERNA
State	IL
Zip	62440-2224
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	HICKORY HILLS SUBDIVISION LOT 01
Legal Subdivision	HICKORY HILLS SUBDIVISION
Legal Lot Number	1
Jurisdiction	COLES IL
Township / Civil Division	LAFAYETTE
Census Block Group	5
Census Block	5026
Census Tract	200

Owner

Source: Coles County records · APN 06-0-01664-000

Assessment roll updated June 23, 2026 · Last verified July 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 File
Mailing Address	5515 PROSPECT LN, LERNA, IL 62440-2224
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 28, 2022	Correction Deed ACCOMODATION, ACCOMMODATION
Sep 07, 2022	Transfer on Death Deed, Transfer ACCOMODATION, ACCOMMODATION
Jul 07, 2020	Warranty Deed, Transfer · Conventional Mortgage LAND OF LINCOLN CU

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jul 07, 2020 · Amount on Record
Deed Sale	Jul 07, 2020 · Amount on Record
Deed Document Number	2020788693
Last Transfer Date	Sep 22, 2022
Transfer Doc	0000803444
Record Updated	Sep 20, 2026

September 2022: Correction Deed

Document Type	Correction Deed
Jurisdiction	COLES IL
Recording Date	Sep 28, 2022
Property Address	5515 PROSPECT LN, LERNA, IL 62440-2224
Document Number	202200803444
Instrument Date	Sep 22, 2022
Instrument	202200803444
Record Updated	Oct 17, 2022
Title Company	ACCOMODATION, ACCOMMODATION

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt

Transferred From (Grantor/Seller)

Name	Verified Name
Address	5515 PROSPECT LN, 5515, LERNA, IL 62440-2224

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5515 PROSPECT LN, LERNA, IL 62440-2224
Mail Care Of	SARA CASSADY

September 2022: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	COLES IL
Recording Date	Sep 07, 2022
Property Address	5515 PROSPECT LN, LERNA, IL 62440-2224
Document Number	202200803117
Instrument Date	Sep 02, 2022
Instrument	202200803117
Transaction Type	Transfer
Record Updated	Oct 03, 2022
Title Company	ACCOMODATION, ACCOMMODATION

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5515 PROSPECT LN, LERNA, IL 62440-2224

July 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COLES IL
Recording Date	Jul 07, 2020
Property Address	5515 PROSPECT LN, LERNA, IL 62440-2224
Document Number	202000788693
Instrument Date	Jul 03, 2020
Instrument	202000788693
Transaction Type	Transfer
Record Updated	Jul 29, 2021
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$169.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5515 PROSPECT LN, LERNA, IL 62440-2224

Mortgage

Document Number	202000788694
Date	Jul 07, 2020
Instrument	202000788694

Lender

Name	LAND OF LINCOLN CU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Aug 01, 2050

Interest

Rate Type	Fixed Rate
Rate	2.87%

Tax Assessment & Valuation

Source: Coles County records · Assessment roll updated June 23, 2026 · Last verified July 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

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	$3,717.00 (+34.53%)	$65,813 (+22.32%) Land $10,037 Building $55,776	$197,439 (+22.32%) Land $30,111 Building $167,328
2023		$53,802 Land $8,205 Building $45,597	$161,406 Land $24,615 Building $136,791
2020	$2,763.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Coles County (17029C), updated July 18, 2011 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 170290002005, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Nearby Flood Claims	2 (1999–2021)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Jun 2021, river or lake flooding

Wildfire

Wildfire Risk	Low above 6% of the US · above 38% 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; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 28 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Consolidated Communications	DSL	300 / 70
LTD Broadband	Fixed Wireless (licensed-by-rule)	150 / 130
Starlink	Satellite (low-earth orbit)	280 / 30

May also be available at this address: T-Mobile USA, Verizon, Benton Ridge Telephone Company, AMG Technology Investment Group. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE (outdoors only)

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