$2,280,000
$1M PRICE DROP

4305 E Michael Ln Olney, IL 62450

Estimated payment $12,050/month

Total Views 28,025
5 Beds
3.5 Baths
3,400 Sq Ft
$671 Price per Sq Ft

Highlights

  • 1 Fireplace
  • Formal Dining Room
  • 1.5 Car Attached Garage

About This Home

Discover this private retreat just outside the Olney city limits! This 133-acre property offers a rare blend of luxury, recreation, and natural beauty. The spacious 3,400 sq ft home features 5 bedrooms, 3 full baths, and a half bath, designed for comfort and functionality. Enjoy stunning views and peaceful seclusion with your very own 3.5-acre lake—perfect for fishing,, or simply relaxing at the water’s edge. Outdoor enthusiasts will love the miles of well-maintained trails that wind through mature woods, over multiple bridges, and into prime hunting areas full with deer, turkeys and even ducks. Whether you’re an avid hunter, or simply love the outdoors, this land has it all.The property also includes two outbuildings ideal for storage, workshops, or hobby use, plus a fenced garden ready for planting. With ample space, rich natural features, and easy access to town, this is more than just a home—it’s a lifestyle. Don’t miss this rare opportunity to own one of the most unique properties in the area!

Listing Agent

Kayla See

Whitetail Properties Real Esta Brokerage Phone: 618-335-5559 License #475214751 Listed on: 05/19/2025

Whitetail Properties Real Esta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $832

Year Built

  • Built in 1995

Parking

  • 1.5 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • East Richland High School

Utilities

  • Heating System Uses Natural Gas
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 10628200024

Home Details

Home Type

Single Family

Est. Annual Taxes

$832

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1995
  • Architectural Style: Other
  • New Construction: No
  • Property Attached Yn: No
  • Attribution Contact: Pref: 618-335-5559
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Living Area: 3400
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Other
  • Construction Type: Brick
  • Roof: Shingle
  • 100YearPlain: Yes

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1.5
  • Parking Features: Attached

Utilities

  • Heating: Natural Gas
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: East Richland

Lot Info

  • Lot Size: +/-132.94
  • Additional Parcels Description: 10628200019, 10621400007, 10628200001, 10628100002
  • Parcel #: 10628200024

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 832.42
  • TaxExemptions: None

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 -- $120,370 $18,968 $101,402
2023 -- $111,454 $17,563 $93,891
2022 $4,798 $103,198 $16,262 $86,936
2021 $4,798 $98,284 $15,488 $82,796
2020 $4,798 $96,357 $15,184 $81,173
2019 $4,798 $96,357 $15,184 $81,173
2018 $0 $96,357 $15,184 $81,173
2017 $0 $95,403 $15,034 $80,369
2016 $4,798 $90,860 $14,318 $76,542
2015 $4,960 $87,365 $13,767 $73,598
2014 $4,727 $85,652 $13,497 $72,155
2013 $4,453 $75,448 $12,360 $63,088
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2025 10/13/25 Price Changed $2,280,000 -17.1% $671 / Sq Ft
09/30/2025 09/30/25 For Sale $2,750,000 0.0% $809 / Sq Ft
09/13/2025 09/13/25 Off Market $2,750,000 -- --
07/11/2025 07/11/25 Price Changed $2,750,000 -19.1% $809 / Sq Ft
05/19/2025 05/19/25 For Sale $3,399,000 -- $1,000 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: CA1036525

RMLS Alliance

APN: 06-28-200-024