The transient event labeled as TCP J05074264+2447555 recently discovered towards the Taurus region was quickly recognized to be an ongoing microlensing event on a source located at distance of only $700-800$ pc from Earth. Here, we show that observations with high sampling rate close to the time of maximum magnification revealed features that imply the presence of a binary lens system with very low mass ratio components. We present a complete description of the binary lens system which hosts an Earth-like planet with most likely mass of $9.2pm 6.6$ M$_{oplus}$. Furthermore, the source estimated location and detailed Monte Carlo simulations allowed us to classify the event as due to the closest lens system, being at a distance of $simeq 380$ pc and mass $simeq 0.25$ M$_{odot}$.
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