$2,750,000
$649K PRICE DROP

4305 E Michael Ln Olney, IL 62450

Estimated payment $17,968/month

Total Views 11,623
5 Beds
3.5 Baths
3,400 Sq Ft
$809 Price per Sq Ft

About This Home

This 132.94 acre property is a one and a million; it offers a turn-key home with outdoor recreation and premium hunting. Located just outside city limits, this property is a rare opportunity for those looking for expansive land with prime hunting, recreational features, and a spacious home. At the heart of the property sits a +/- 3400 square foot home featuring 5 bedrooms and 3 full bathrooms and one half bathplenty of space for a family or guests. The home has two large outbuildings that offer ample storage and workspace, ideal for equipment, tools, or ATVs and more. A fenced garden with an underground irrigation system from the pond provides a perfect spot for growing your own food, while the concrete dock on the 3.5 acre lake adds to the property’s appeal for those who enjoy fishing or simply enjoying the sunrise over the water.The hunting opportunities here are absolutely endless. The 3.5 acre lake consistently attracts Canadian geese and ducks. The timber surrounding the property is filled with game, including an impressive population of deer and turkeys. There is no shortage of deer and turkey signtracks and rubs are visible throughout the property, indicating a thriving and active population evident by the trail camera photos. The property also has a diverse mix of elevation, which makes it ideal for various hunting setups. Whether you’re tracking deer in the woods or waiting for a flock of ducks to fly in, this property delivers consistent results season after season.On the west side of the property, the East Fork River feeds into the Fox River, providing additional opportunities for waterfowl hunting and great fishing. In fact, I personally jumped multiple wood ducks, mallards and countless deer in this area, confirming its prime habitat. The combination of the lake, river access, and timber makes this property one of the most well-rounded hunting setups you’ll find, while also bringing in $5,280 in annual crp income.The property is also well-developed for ease of access and recreational use. A gun range offers a space for practice, while multiple man-made bridges give you easy access to all corners of the property. Perhaps one of the most unique features of this land is the outstanding trail system, designed to lead you to every part of the property. It is perfect for scouting, hunting, or simply getting around. The trails are thoughtfully laid out to give hunters access to all the prime areas while minimizing disturbances to wildlife.This property isn’t just for huntingit’s a fully functional, versatile piece of land that offers room for expansion or unlimited outdoor activities. Whether you’re looking for a property that delivers an outstanding hunting experience, a family-friendly home with acreage, or a place to build your dream country setup, this 132.94 acre property checks all the boxes. Don’t miss out on this opportunity to own a piece of land that delivers outstanding hunting and year-round outdoor enjoyment. Contact Land Specialist Josh Malone today for all the details.

Listing Agent

Josh Malone

Whitetail Properties Real Estate Listed on: 03/18/2025

Whitetail Properties Real Estate
Listing Provided By

Home Details

Home Type

  • Single Family

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Pond
  • Current uses include hunting/fishing, timber

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Bedrooms: Beds: 5
  • BathsCombined: 3
  • Office Phone: 618-292-9183
  • Listing Website: https://www.land.com/property/4305-e.-michael-lane-olney-illinois-62450/22931669/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Pond: True

Lot Info

  • Current Use: Hunting/Fishing, Timber
  • Lot Description: Tank/Pond

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
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

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