$550,000
SOLD AUG 29, 2025

5315 Lois Ln Salem, IL 62881

3 Beds
2.5 Baths
2,439 Sq Ft
40 Acres

Recently Sold

$226 Per Sq Ft

6% Below List Price

6 Days on Market

Highlights

  • 40 Acre Lot
  • Wooded Lot
  • Pole Barn
  • Deck
  • Ranch Style House
  • 2 Fireplaces

About This Home

As of August 2025

40 acres of paradise tucked away on the east side of Salem. Custom home built in 2008 with covered front and back porch areas to enjoy the deer and turkey that travel through. Approximately 25 wooded acres with the remaining open allow for many needs and wants. This inviting home offers a tall roofline, over 2300 square feet, geothermal heating/air, Cambria quartz countertops and custom cabinetry in the kitchen. Outdoor enthusiasts will likely appreciate the 40x78 barn with 6 horse stalls, electric, water and dirt arena. Additional 24x50 barn with concrete, water, electric and a lean to. Chicken coop, 2 ponds and plenty of privacy.

Last Agent to Sell the Property

Stacey Russell

SOMER REAL ESTATE Brokerage Phone: 618-548-5123 License #471017953 Listed on: 07/29/2025

Last Buyer's Agent

TYSON COFFEY

Rod Snow, INC. License #475202364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,664

Year Built

  • Built in 2008

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320x1320
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,439 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Pole Barn
  • Shed

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Geothermal Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 1232100020

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,664

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • PricePerSqFt: 225.5
  • Attribution Contact: Phone: 618-548-5123
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2439
  • TotalBasementSqFt: 357
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Frame, Brick, Cement Siding
  • Exterior Features: Shed(s), Pole Barn
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Heating: Geothermal
  • Water Source: Public, Aerator/Aerobic
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Salem
  • High School: Salem Community High School
  • Middle Or Junior School: Salem

Lot Info

  • Lot Size Acres: 40
  • Lot Size: 1320x1320
  • Parcel #: 1232100020

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8663.96
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $40,000 New Conventional
Closed $230,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $550,000 -6.0% $226 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $585,000 -- $240 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

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 $8,664 $152,365 $12,475 $139,890
2023 $8,642 $143,107 $11,277 $131,830
2022 $8,412 $131,390 $10,030 $121,360
2021 $8,231 $123,548 $9,038 $114,510
2020 $8,327 $119,893 $8,303 $111,590
2019 $8,237 $115,702 $7,592 $108,110
2018 $6,295 $88,699 $4,759 $83,940
2017 $6,273 $86,650 $4,270 $82,380
2016 $6,262 $83,151 $3,781 $79,370
2015 $59 $82,913 $3,543 $79,370
2012 $59 $80,923 $3,033 $77,890
Source: Public Records

Agents Affiliated with this Home

  • Stacey Russell

    Seller's Agent in 2025

    Stacey Russell

    SOMER REAL ESTATE

    (618) 322-4321

    217 Total Sales

    Stacey Russell
    Section Image

  • T

    Buyer's Agent in 2025

    TYSON COFFEY

    Rod Snow, INC.

    (618) 292-6694

    27 Total Sales

    TYSON COFFEY
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: EB459074

RMLS Alliance

APN: 1232100020

Illinois Marion County Salem 62881

5315 Lois Ln, Salem, IL

This home is located at 5315 Lois Ln, Salem, IL 62881 and is currently priced at $550,000, approximately $225 per square foot. This property was built in 2008. 5315 Lois Ln is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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