$3,399,000

4305 E Michael Ln Olney, IL 62450

5 beds
3 full, 1 partial
3,400 sqft
$1,000 / sqft
House

Property details

About 4305 E Michael Ln

Discover this private retreat just outside the Olney city limits! This 133-acre property offers a rare blend of luxury, recreation, and natural beauty. The spacious 3,400 sq ft home features 5 bedrooms, 3 full baths, and a half bath, designed for comfort and functionality. Enjoy stunning views and peaceful seclusion with your very own 3.5-acre lake—perfect for fishing,, or simply relaxing at the water’s edge. Outdoor enthusiasts will love the miles of well-maintained trails that wind through mature woods, over multiple bridges, and into prime hunting areas full with deer, turkeys and even ducks. Whether you’re an avid hunter, or simply love the outdoors, this land has it all.The property also includes two outbuildings ideal for storage, workshops, or hobby use, plus a fenced garden ready for planting. With ample space, rich natural features, and easy access to town, this is more than just a home—it’s a lifestyle. Don’t miss this rare opportunity to own one of the most unique properties in the area!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
Size3,400 sqft
Year built1995
ParkingAttached
MLS #CA1036525
Attached garage1 space

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Basement: No
  • Total Bedroom Count: 5
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached
  • Architectural Style: Other
  • Heating: Natural Gas
  • List Price: $3,399,000
  • Price/SqFt: $999
  • Lot: Other
  • Directions: Head north out of Olney on CR 1100 N, take a right on E Michael LN, the house at the end of the lane.
  • Year Built: 1995
  • Living Area: 3,400 SqFt
  • MLS Number: CA1036525
  • MLS Name: RMLSA
  • Office Name: Whitetail Properties Real Esta
  • Listing Agent: Kayla See

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 11:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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4305 E Michael Ln, Olney, IL 62450 - view from above of property featuring a nearby body of water

$3,399,000

4305 E Michael Ln

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$111,454$-
2022$103,198$-
2021$98,284$-
2020$96,357$-
2019$96,357$-
2018$96,357$-
2017$95,403$-

History based on county public records data.

Nearby schools

4

Richland County Elementary School

Public District PK-5

2.5 mi

1001 N Holly Rd

2

Clay City Elementary School

Public District PK-5

14.6 mi

PO Box 542

4

Newton Elementary School

Public District 1-6

16.1 mi

101 Maxwell St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,116. The most common annual income of people living in Olney, IL is less than $<35k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

44%
<35k
40%
35k-100k
10%
100k-200k
6%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
3%
Single, with Kids
50%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
49%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 4305 E Michael Ln

The listing price of 4305 E Michael Ln property is $3,399,000.

The property 4305 E Michael Ln is a house located in Olney, Illinois, 62450.

Active Listing: 4305 E Michael Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4305 E Michael Ln are: Richland County Elementary School (GreatSchools Rating 4/10), Clay City Elementary School (GreatSchools Rating 2/10), Newton Elementary School (GreatSchools Rating 4/10), Richland County Middle School (GreatSchools Rating 6/10), Sumner Attendance Center (GreatSchools Rating 7/10), Clay City Jr High School (GreatSchools Rating 1/10), Richland County High School (GreatSchools Rating 5/10), Clay City High School (GreatSchools Rating 2/10), Newton Community High School (GreatSchools Rating 7/10).

The property at 4305 E Michael Ln has 5 bedrooms and 3 full and 1 half bathrooms.

The property 4305 E Michael Ln is 3,400 SqFt (source: MLS/tax record).

The year of construction for 4305 E Michael Ln is 1995.

This home is located at 4305 E Michael Ln in Olney, IL and zip code 62450. This 3,400 square foot home was built in 1995. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $3,399,000.

From Rocket Homes Real Estate and based on county public records data.

More resources

Homes for sale in nearby cities

Housing market reports in Richland County