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$259,900 ↓$10,000on 11/16/2023

  • 3 Beds
  • 2 Baths
  • 1,467 sq. Ft

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Property Description for 5504 Village Memphis, IN 47143

SELLER OFFERING TO PAY RATE BUY DOWN TO A 6.99% INTEREST RATE (*Based on rates as of 11.16.23, 30-year fixed conventional OR 6.625 for FHA 30 year fixed; to those who qualify*) As a ranch style home, everything is conveniently located on one floor in this home. The living room has a wide opening to the eat-in kitchen, lots of natural light, and vaulted ceilings. The kitchen has ample counter and cabinet space, as well as stainless steel appliances, and there’s access to the backyard/deck (that was newly built in November 2022 and stained in October 2023). The split floor plan offers the perfect combination of close proximity and privacy. The primary bedroom is spacious, as is the walk-in closet and full attached ensuite (including a double sink). Each of the other two bedrooms is large and near the second full bathroom for convenience. Downstairs, the basement offers extra space for whatever you may need. It can be used for storage, or the future owners could finish it out with their own personal touches. Peace of mind comes with this, knowing that the sump pump is new (October 2023) and the HVAC units are newer (2021). You also have a 2-car attached garage for storage or parking solutions and tons of yard space. Check out the virtual tour and schedule your private showing!

Address:5504 Village Memphis IN 47143
Status:Active
on site: 401 days
Price:$259,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,467
Year Built:2005
Lot Size:0.22
County: Clark
Township: Union
MLS #:2023011668
Property Type:Residential

Lot Dimensions:9661.61
Road Surface:Paved
Lot Features:DeadEnd
Zoning:Residential
Water Source:Connected, Public
Directions:I-65 N to exit 16, Right on Blue Lick, Left on US-31, Left on Village, Home is on the Right
Upper Level Sq. Ft. :1,467
Total Sq. Ft. :1,467
Sq. Ft. Source:Appraiser
Basement:Yes

Loan Price
$1,581
Price And Interest $1,356/month
Property Tax $117/month
MTG INS $0/month
HOME INS $108/month
Price
$259,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$117/month
Home Owner Insurance
$1,296 / year
HOA Dues
$17 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/16/23 $269,900 $259,900 -3.71%

RoomSizeLevel
Other First
FullBath First
Bedroom First
Bedroom First
FullBath First
PrimaryBedroom First
Kitchen First
LivingRoom First

Semi-Annual Property Tax:$701
Mandatory HOA Fee:$204
HOA Fee Paid:Annually

City:Memphis
Subdivision: The Village
Zip Code:47143

Total Sq. Ft.:1,467
Interior Features:CeilingFans, EatinKitchen, BathinPrimaryBedroom, MainLevelPrimary, MudRoom, OpenFloorplan, SplitBedrooms, UtilityRoom, VaultedCeilings, WalkInClosets
Appliances:Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Porch / Patio:Covered, Deck, Porch
Exterior Features:Deck, Landscaping, PavedDriveway, Porch
Exterior Type:Brick, Frame
Cool:CentralAir
Heat:HeatPump
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Tera Barnes with Homepage Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Memphis Market Report

413
Avg. DOM
$135.67
Avg. $ / Sq.Ft.
$ 422,450
Med. List Price

The house prices in Memphis are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Memphis are going Down. The average house price is $422,450.00 and the average price per square feet is $135.67 per square feet. At the moment, the amount of homes listed is exactly 8 houses, with 6 with active status, 1 with pending status and 1 sold in Memphis .

The most popular place to buy a home in Memphis is 12-Other Counties. 12-Other Counties is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Memphis .

The average amount of property taxes you would have to pay for a home in Memphis is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Memphis are staying listed for an average of 0 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Memphis was 4612 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Memphis is $575,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Memphis is $259,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Memphis in year 1980 and the newest built house is in year 2007.

The average size of properties in Memphis is 3455.5 sq.ft. , the biggest one being 6609 sq.ft. and the smaller being 1467 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.