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$224,500 Just Listed
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Property Description
3BR/2BA Ranch on Double Lot in Lake Thunderbird Well-maintained 3 bedroom, 2 bath ranch situated on a private double lot in Lake Thunderbird. Open living/dining area features a white stone Hatinator wood-burning fireplace, large windows for natural light, and sliding doors to a wraparound deck overlooking wooded views. Oversized primary bedroom also offers deck access. Galley kitchen includes all appliances with brand-new refrigerator. Unfinished walkout basement with second Hatinator fireplace provides excellent potential for additional living space, 4th bedroom, rec room, or workshop while still allowing for laundry and storage. 2-car detached garage with room for vehicles and lake toys. Roof replaced in 2016. New heat pump/furnace in 2024. All Appliances stay. Enjoy all Lake Thunderbird amenities including fishing, boating, beach, pool, tennis courts, mini golf, frisbee golf, and community events. Ideal for full-time living or weekend getaway.
Full Property Details
Full Property Details for 55 Fairoaks Dr
General
- Price: $224,500
- HOA FEE: $78/month
- HOA FEE FREQ.: Annually
- Taxes: $4,856 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12575625
- Updated: 3/1/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Clubhouse, Park, Pool, Tennis Court(s), Lake, Water Rights
Interior
- Basement: Unfinished
- Interior Features: Cathedral Ceiling(s), 1st-Floor Bedroom, 1st-Floor Bath
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room, Basement, Wood-Burning, More than one
- Appliances: Range, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Water Heater-Electric
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Gravel, Yes, Garage Owned, Detached, Garage
Location
- Area: Lake Thunderbird / Putnam
- County: Putnam
- Township: Senachwine
- Subdivision: Lake Thunderbird
- Driving Directions: Rt 29 to Senachwine Rd (Lake Thunderbird sign), right on Lake Thunderbird drive to Valley Rd, to left on Fairoaks.
School Information
- School District: 5
- Elem School District: 5
- Midd School District: 5
- High School District: 5
Community
- Assoc. Fees Include: Water, Security, Clubhouse, Pool, Lake Rights
- Mgmt. Company: Lake Thunderbird Association
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Shared Well
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Model: RANCH WITH WALKOUT BASEMENT
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,685
- Sq. Ft. Source: Estimated
- Year Built: 1984
Manufactured Home
- Model: RANCH WITH WALKOUT BASEMENT
Lot Features
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 252 x 195 x 94 x 195
Financial Considerations
- Association Fee: $938
- Assoc Fee Freq.: Annually
- Assessment Year: 1984
- Tax Amount: $4,856.4
- Tax Year: 2024
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 300061160
Listed by Wessel Real Estate
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Schools
Schools serving 55 Fairoaks Dr
School District:Henry-Senachwine Consolidated Unit School District 5
| Name | Grades | Distance |
|---|---|---|
Henry-Senachwine Grade School 201 Richard Street, Henry, IL 61537 | PK-8 | 8.7 mi |
Henry-Senachwine High School 1023 College Avenue, Henry, IL 61537 | 9-12 | 8.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 55 Fairoaks Dr
Date
Details
Price
Change
Source
3/01/2026
Listed
$224,500
25.49%
MLS
12/02/2022
Sold
$178,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 55 Fairoaks Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,700
23%
$63,580
14%
2023
$3,812
9%
$55,631
28%
2022
$3,512
3%
$43,344
4%
2021
$3,410
-28%
$41,505
-28%
2020
$4,717
6%
$57,276
6%
2019
$4,466
3%
$53,862
5%
2018
$4,342
10238%
$51,298
4%
2017
$42
-99%
$49,394
5%
2016
$4,076
12%
$47,042
1%
2015
$3,637
—
$46,461
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 55 Fairoaks Dr
55 Fair Oaks Drive, Putnam, IL 61560 (MLS# 12575625) is a Single Family property with 3 bedrooms and 2 full bathrooms. 55 Fair Oaks Drive is currently listed for $224,500 and was received on March 01, 2026. Want to learn more about 55 Fair Oaks Drive? Do you have questions about finding other Single Family real estate for sale in Putnam? You can browse all Putnam real estate or contact a Coldwell Banker agent to request more information.

