NOT LISTED FOR SALE

10422 E County Road 550n Lerna, IL 62440

Estimated Value: $208,000 - $510,496

4 Beds
4 Baths
1,700 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $480,000 $282 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $2,017/month

46 Days on Market

Highlights

  • Waterfront
  • Deck
  • Pond
  • 9.5 Acre Lot
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of September 2023

So much to offer - Beautiful newly constructed house (Not Finished). Take it from here and you can pick the interior finishes. Full walk out basement with large patio and second floor deck overlooking the private wooded pond. 140' X 53' indoor horse arena with 2 - 70' X 13' bump outs for stalls, tack room and office. An additional 64' x 24' pole building with finished living quarters and shop area. This building has AC and heat with insulated walls and epoxy coated floors. Ideal for a place to live while you finish the home. Desirable location on 7 Hills Road with woods, private pond, horse barn, pasture and privacy!!! Pick your colors, finishes, bathrooms and flooring and make it your own. All the hard work is done. Call today to see this very unique property.

Last Agent to Sell the Property

Kirk Swensen

Century 21 Kima Properties License #475126721 Listed on: 07/28/2023

Last Buyer's Agent

Kirk Swensen

Century 21 Kima Properties License #475126721 Listed on: 07/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,135

Year Built

  • Built in 2022

Lot Details

  • 9.5 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Property fronts a county road
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Steel Beams

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Workshop
  • No Kitchen Appliances
  • Laundry on main level
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Shed
  • Outbuilding
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 06-0-00976-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,135

Year Built

Built in 2022

Lot Details

0

Parking

4

Listing Details

  • Above Grade Finished Sq Ft: 1700.0
  • Directions: Lerna Road to 550 N turn East on 550 N house is on South side of the road a couple miles in.
  • Lot Size Acres: 9.5
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Year Built: 2022
  • Road Frontage Type: Waterfront
  • Road Frontage Type: County Road, Private Road
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater, None
  • Has Basement: Unfinished, Walk-Out Access, Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Attic, Cathedral Ceiling(s), Bath in Master Bedroom, Main Level Master
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Steel, Vinyl Siding
  • Exterior Features: Shed, Workshop
  • Roof: Asphalt, Shingle
  • Lot Features: Pond, Wooded
  • Waterfront: No
  • Foundation Details: Basement
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Patio

Garage/Parking

  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Attached, Detached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 413820.0
  • Parcel #: 06-0-00976-001
  • Zoning: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3134.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 29, 2023
Sold by
White Seth K
Bought by
Burich Tyler W and Burich Hannah J
Seller's Agent
Kirk Swensen
Century 21 Kima Properties
Buyer's Agent
Kirk Swensen
Century 21 Kima Properties
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Views
67
Current Estimated Value
$333,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$146,376
Avg. Annual Appreciation
-14.51%

Purchase Details

Closed on
Sep 30, 2019
Sold by
Tipsword Larry K
Bought by
White Seth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Burich Tyler W $480,000 None Listed On Document
White Seth K $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Seth K $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $480,000 -3.0% $282 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $495,000 -- $291 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,371 $50,724 $19,870 $30,854
2023 $3,198 $46,469 $17,895 $28,574
2022 $3,135 $45,783 $17,551 $28,232
2021 $3,118 $42,018 $15,806 $26,212
2020 $3,109 $43,189 $16,314 $26,875
2019 $2,267 $41,927 $15,715 $26,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6228523

APN: 06-0-00976-001