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.
Closed
Listed by: Berkshire Hathaway HomeServices Select Properties • John D Grissom • Contact: 618-363-9004
Bought with: Equity Realty Group, LLC
$308,000
516 Lanahan Dr, Troy, IL 62294
3beds
1,598sqft
Single Family Residence
Built in 1994
0.26 Acres Lot
$309,000 Zestimate®
$193/sqft
$2,368 Estimated rent
Home value
$309,000
$287,000 - $334,000
$2,368/mo
Zestimate® history
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List your homeWhat's special
Updated spare bathroomPrivacy fenceCenter islandAbove-ground swimming poolNew double-hung windowsAsphalt drivewayQuiet street
Zillow last checked:
Listing updated:
Listed by:
John D Grissom 618-363-9004,
Berkshire Hathaway HomeServices Select Properties,
Chad Fuhrhop 618-531-4586,
Berkshire Hathaway HomeServices Select Properties
Bought with:
Kim K Johnson, 475130541
Equity Realty Group, LLC
Source: MARIS,MLS#: 26025112
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Features: Floor Covering: Wood
- Level: Main
- Area: 144
- Dimensions: 12x12
Bedroom 2
- Features: Floor Covering: Luxury Vinyl Plank
- Level: Main
- Area: 120
- Dimensions: 12x10
Bedroom 3
- Features: Floor Covering: Luxury Vinyl Plank
- Level: Main
- Area: 100
- Dimensions: 10x10
Family room
- Features: Floor Covering: Luxury Vinyl Plank
- Level: Basement
- Area: 414
- Dimensions: 23x18
Kitchen
- Features: Floor Covering: Wood
- Level: Main
- Area: 162
- Dimensions: 18x9
Living room
- Features: Floor Covering: Wood
- Level: Main
- Area: 224
- Dimensions: 16x14
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Electric Oven, Refrigerator, Gas Water Heater
Features
- Custom Cabinetry, Dining/Living Room Combo, Eat-in Kitchen, Natural Woodwork, Shower
- Flooring: Hardwood
- Windows: Double Pane Windows, Insulated Windows
- Basement: Concrete,Partially Finished,Storage Space,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Basement, Gas
Interior area
- Total structure area: 1,598
- Total interior livable area: 1,598 sqft
- Finished area above ground: 1,118
- Finished area below ground: 480
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Concrete, Electric Vehicle Charging Station(s), Garage, Garage Door Opener
- Attached garage spaces: 1
Features
- Levels: One
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Private Yard
- Has private pool: Yes
- Pool features: Above Ground
Lot
- Size: 0.26 Acres
- Features: Front Yard
Details
- Parcel number: 092221009101016.001
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Aluminum,Architectural Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1994
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities
Community & HOA
Community
- Features: Lake
- Subdivision: Second Lanahan
HOA
- Has HOA: No
- Services included: Common Area Maintenance
- HOA name: Lanahan Lake Association
Location
- Region: Troy
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $215,160
- Annual tax amount: $4,242
- Date on market: 4/27/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Private
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Sold | $308,000+8.1%$193/sqft |
Source:  MARIS #26025112 Report a problem | ||
| 5/5/2026 | Pending sale | $285,000$178/sqft |
Source: MARIS #26025112 Report a problem | ||
| 4/27/2026 | Listed for sale | $285,000+54.1%$178/sqft |
Source: MARIS #26025112 Report a problem | ||
| 4/6/2020 | Sold | $185,000$116/sqft |
Source: MARIS #20015945 Report a problem | ||
| 3/15/2020 | Pending sale | $185,000$116/sqft |
Source: Re/Max Alliance #20015945 Report a problem | ||
| 3/14/2020 | Listed for sale | $185,000+16.4%$116/sqft |
Source: Re/Max Alliance #20015945 Report a problem | ||
| 4/8/2016 | Sold | $159,000$99/sqft |
Source: Public Record Report a problem | ||
| 2/23/2016 | Listed for sale | $159,000+3.9%$99/sqft |
Source: COLDWELL BANKER BROWN - EDWARDSVILLE #4502060 Report a problem | ||
| 4/30/2011 | Listing removed | $153,000$96/sqft |
Source: STRANO & ASSOCIATES REAL ESTATE #4001220 Report a problem | ||
| 1/31/2011 | Listed for sale | $153,000+29.7%$96/sqft |
Source: STRANO & ASSOCIATES REAL ESTATE #4001220 Report a problem | ||
| 7/28/2003 | Sold | $118,000$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $71,720 +10.1% |
| 2023 | -- | $65,120 +8.6% |
| 2022 | -- | $59,960 +5.2% |
| 2021 | -- | $56,980 +11% |
| 2020 | -- | $51,350 +2.1% |
| 2019 | $3,522 | $50,290 +7.9% |
| 2018 | -- | $46,590 |
| 2017 | $3,300 +12.7% | $46,590 +2.1% |
| 2016 | $2,929 | $45,620 +3.4% |
| 2015 | $2,929 | $44,110 |
| 2014 | $2,929 | $44,110 |
| 2013 | $2,929 | $44,110 -4.1% |
| 2012 | -- | $45,990 |
| 2011 | -- | $45,990 |
| 2010 | -- | $45,990 +2.4% |
| 2009 | -- | $44,900 +8.5% |
| 2007 | -- | $41,370 +5.5% |
| 2005 | -- | $39,200 +14.8% |
| 2004 | $2,090 +7.4% | $34,140 +6.4% |
| 2003 | $1,946 +5.5% | $32,100 +5.5% |
| 2002 | $1,845 | $30,430 +0.8% |
| 2001 | -- | $30,190 -1.1% |
| 2000 | $1,897 | $30,540 |
Find assessor info on the county website
Neighborhood: 62294
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Nearby schools
GreatSchools rating
- 8/10Silver Creek Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Triad Middle SchoolGrades: 6-8Distance: 3 mi
- 9/10Triad High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Triad Dist 2
- Middle: Triad Dist 2
- High: Triad
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$309,000
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Estimated market value
$309,000
- Illinois
- Madison County
- Troy
- 62294
- 516 Lanahan Dr
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