Single Family for Sale: 516 Lanahan Drive, Troy, IL 62294

3 beds
2 full, 1 half baths
1,118 sqft
$285,000
$285,000
516 Lanahan Drive, Troy, IL 62294
3 beds
2 full, 1 half baths
1,118 sqft
$285,000
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Price:
$285,000

Type Single Family
Style 1 Story
Beds 3
Baths 2 full, 1 half baths
Total Living Area 1,598 sqft
Square Footage 1,118 sqft
Garage Spaces 1
Lot Size 0.26 acres
Year Built 1994
Assoc Fee Paid Annually
Taxes Paid $4,242

City Troy
County Madison
School District Triad DIST 2
Subdivision Second Lanahan

MLS 26025112
Status Pending
DOM 8 days
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.

Room Features

Basement Description Sump Pump, Storage Space, 8 ft + Pour, Concrete, Partially Finished

Lot & Building Features

Appliances Electric Oven, Gas Water Heater, Refrigerator, Microwave, Dishwasher
Architecture Ranch
Assoc Fee Paid Annually
Construction Brick, Vinyl Siding
Cooling Central Air
Heating Electric, Forced Air
Interior Decor Natural Woodwork, Dining/Living Room Combo, Shower, Custom Cabinetry, Eat-in Kitchen
Parking Description Electric Vehicle Charging Station(s), Concrete, Additional Parking, Garage Door Opener, Garage
Sewer Public Sewer
Tax Year 2024
Taxes Paid $4,242
Water Public
Windows And Doors Double Pane Windows, Insulated Windows
Fireplaces 1

Community and Schools

Elementary School TRIAD DIST 2
Junior High School TRIAD DIST 2
Senior High School Triad

Price History of 516 Lanahan Drive, Troy, IL

Date Name Price Difference
04/27/2026 Listing Price $285,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$210,000
$208 / sqft
Average
$258,693
$225 / sqft
High
$335,000
$263 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Troy 62294 3 3.0 $285,000 1,118 $255 N/A
513 De Vries Troy 62294 4 3.0 $290,000 1,232 $235 08/08/2025
106 Parkview Court Troy 62294 3 3.0 $240,000 1,034 $232 06/20/2025
523 Franklin Avenue Troy 62294 3 2.0 $325,000 1,260 $258 05/12/2025
2 Arbor Springs Drive Troy 62294 4 3.0 $335,000 1,272 $263 07/16/2025
208 Meadow Drive Troy 62294 3 2.0 $237,500 1,215 $195 07/10/2025
505 Lindenwood Drive Troy 62294 3 2.0 $245,000 1,080 $227 06/16/2025
1 Wild Horse Court Troy 62294 3 3.0 $250,000 1,144 $219 09/19/2025
309 Wickliffe Street Troy 62294 3 2.0 $230,000 1,240 $185 08/08/2025
304 Watt Street Troy 62294 3 2.0 $235,000 962 $244 10/07/2025
71 Lake Drive Troy 62294 4 3.0 $258,000 1,120 $230 09/29/2025
104 Parkview Court Troy 62294 3 3.0 $215,000 1,180 $182 12/19/2025
11 Lake Drive Troy 62294 2 2.0 $245,000 1,216 $201 10/17/2025
65 Ashbrooke Troy 62294 3 2.0 $210,000 1,008 $208 10/17/2025
114 Kenneth Drive Troy 62294 3 2.0 $269,900 1,288 $210 01/05/2026
65 Ashbrooke Troy 62294 3 3.0 $295,000 1,008 $293 03/06/2026

Map of 516 Lanahan Drive, Troy, IL

Location Map Street View
Photo of Team 618
Direct: 618-363-9004
Office
333 Salem Place Suite 105
Fairview Heights, IL 62208
618-628-2400
Listed by Berkshire Hathaway HomeServices Select Properties, John Grissom & Chad Fuhrhop
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1.4884210526316%
6.75%
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516 Lanahan Drive (MLS #26025112) is a 1 story single family home located in Troy, IL. This single family home is 1,118 sqft and on a lot of 11,326 sqft (or 0.26 acres) with 3 bedrooms and 3 baths. This property was listed on 04/27/2026 and has been priced for sale at $285,000.

The 4 bedroom single family home at 513 De Vries in Troy is nearby and sold for $290,000 on 08/08/2025. Another nearby 3 bedroom single family home, 114 Kenneth Drive in Troy sold for $269,900 on 01/05/2026.

Nearby zip codes are 62025, 62034, 62062, 62234 and 62281. This property neighbors other cities such as Collinsville, Edwardsville, Glen Carbon, Maryville and St Jacob.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Berkshire Hathaway HomeServices Select Properties

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