$285,000
OPEN SUN 12PM - 2PM

516 Lanahan Dr Troy, IL 62294

Estimated payment $1,855/month

3 Beds
2.5 Baths
1,598 Sq Ft
$178 Price per Sq Ft

Highlights

  • Above Ground Pool
  • Community Lake
  • Wood Flooring
  • Triad Middle School Rated A-
  • Ranch Style House
  • Private Yard

About This Home

Nestled on a quiet street in Troy, this beautifully updated home offers a serene setting with mature trees and a beautiful lake view, creating a peaceful neighborhood backdrop. Enjoy relaxing walks and a true sense of community, all while being conveniently located within walking distance to the elementary school and less than five minutes from the middle and high schools. Upstairs, you'll find a bright, open-concept layout featuring a spacious living room, kitchen, and dining area—perfect for everyday living and entertaining. The fully updated kitchen boasts granite countertops, a center island, and includes all appliances. Three bedrooms are located on the main floor, including a primary suite with its own private bathroom. This home has seen extensive updates in recent years, offering both style and peace of mind. Improvements include a new roof, six-panel doors, washer and dryer, refrigerator, dishwasher, and sliding back door (2020). Additional upgrades include an asphalt driveway (2021), updated spare bathroom (2022), privacy fence and above-ground swimming pool (2023), and a brand-new kitchen with island, RV hookup, electric car charger, 8' x 10' shed, and composite deck (2024). New double-hung windows were installed in 2025. With modern upgrades, functional outdoor space, and a tranquil setting, this move-in-ready home combines comfort, convenience, and long-term value.

Listing Agent

John Grissom

Berkshire Hathaway HomeServices Select Properties License #475161823 Listed on: 04/27/2026

Berkshire Hathaway HomeServices Select Properties

Co-Listing Agent

Chad Fuhrhop

Berkshire Hathaway HomeServices Select Properties License #475144938

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,242

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 11,326 Sq Ft Lot
  • Private Yard
  • Front Yard

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Aluminum Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Woodwork
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only

Partially Finished Basement

  • Basement Ceilings are 8 Feet High
  • Sump Pump
  • Fireplace in Basement
  • Basement Storage

Outdoor Features

  • Above Ground Pool
  • Covered Patio or Porch

Schools

  • Triad Dist 2 Elementary And Middle School
  • Triad High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09-2-22-10-09-101-016.001

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area maintenance
  • Lanahan Lake Association
  • Electric Vehicle Charging Station
  • Community Lake

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,242

Year Built

Built in 1994 | Remodeled

Lot Details

0.26 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub-Type: Single Family Residence
  • ResoCommunityFeatures: Lake
  • ResoLotFeatures: Front Yard
  • Lot Size Acres: 0.26
  • Road Frontage Type: City Street
  • Reso Association Amenities: None
  • Co List Office Mls Id: MISBHSP18
  • Co List Office Phone: 618-628-2400
  • Co List Office Phone: 618-628-2400
  • MLS Status: Active
  • Subdivision Name: Second Lanahan
  • Above Grade Finished Sq Ft: 1118
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Fireplace Features: Basement, Gas
  • Unit Levels: One
  • New Construction: No
  • ResoPropertyCondition: Updated/Remodeled
  • Reso Structure Type: House
  • Reso Window Features: Double Pane Windows, Insulated Windows
  • Financial Info Electric: 220 Volts
  • MIS_RoomFlooring: Carpeting
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Tile
  • MIS_PoolYN: 1
  • MIS_AuctionYN: 0
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Basement: 8 ft + Pour, Concrete, Partially Finished, Storage Space, Sump Pump
  • Interior Amenities: Custom Cabinetry, Dining/Living Room Combo, Eat-in Kitchen, Natural Woodwork, Shower
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator, Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 480
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • MIS_LowerLevelBathroomsFull: 1
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 0
  • MIS_MainLevelBathroomsFull: 1
  • MIS_MainLevelBathroomsHalf: 1
  • MIS_UpperLevelBathroomsFull: 0
  • MIS_UpperLevelBathroomsHalf: 0
  • MIS_UpperLevelBedrooms: 0

Exterior Features

  • Roof: Aluminum, Architectural Shingle
  • Pool Features: Above Ground
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: See Seller's Disclosure
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Private Yard
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Additional Parking, Concrete, Electric Vehicle Charging Station(s), Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Green Building Features: Basement, Bathrooms, Patio, Pool
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually
  • Association: No

Association/Amenities

  • General Property Information:Association Name: Lanahan Lake Association

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Elementary School: TRIAD DIST 2
  • Junior High Dist: Triad DIST 2
  • High School: Triad
  • Middle Or Junior School: TRIAD DIST 2

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel Number: 09-2-22-10-09-101-016.001

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4242

Map

Range of Values:

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Value Increase
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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 $4,242 $71,720 $13,180 $58,540
2023 $4,242 $65,120 $11,970 $53,150
2022 $3,885 $59,960 $11,020 $48,940
2021 $3,533 $56,980 $10,470 $46,510
2020 $3,290 $51,350 $10,200 $41,150
2019 $3,522 $50,290 $9,990 $40,300
2018 $3,424 $46,590 $9,250 $37,340
2017 $3,300 $45,620 $9,060 $36,560
2016 $3,271 $45,620 $9,060 $36,560
2015 $2,929 $44,110 $8,760 $35,350
2014 $2,929 $44,110 $8,760 $35,350
2013 $2,929 $44,110 $8,760 $35,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2026 04/27/26 For Sale $285,000 +54.1% $178 / Sq Ft
04/06/2020 04/06/20 Sold $185,000 0.0% $116 / Sq Ft View Prior Sale
03/14/2020 03/14/20 For Sale $185,000 +16.4% $116 / Sq Ft
04/08/2016 04/08/16 Sold $159,000 0.0% $90 / Sq Ft View Prior Sale
02/27/2016 02/27/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $159,000 -- $90 / Sq Ft
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 Abstracts & Titles
Warranty Deed $159,000 Community Title
Warranty Deed $118,000 Fatic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,000 New Conventional
Previous Owner $156,120 FHA
Previous Owner $114,460 Purchase Money Mortgage
Source: Public Records

Source: MARIS MLS

MLS Number: MIS26025112

MARIS MLS

APN: 09-2-22-10-09-101-016-001

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