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$1,692
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$278,000 ↓$20,000on 2/14/2024(Pending)
5505 Village Lane Memphis, IN 47143
- 3 Beds
- 2 Baths
- 1,696 sq. Ft
Property Description for 5505 Village Lane Memphis, IN 47143
Incredible opportunity to purchase a 3 bedroom, 2 bath, all brick ranch style home with basement for under $300,000! This home has almost 1700 square feet of living space with an additional 1696 sq ft in the basement! This split floor plan home has large rooms, vaulted ceilings in the living room, walk in closet, first floor utility room, eat in kitchen with breakfast bar, covered porch, back deck, additional parking, 2 car attached garage and a basement that is already framed with some drywall up for 2 bedrooms, extra living space, and storage! Are you needing something you can grow into? This home has you covered! And it's conveniently located just off HWY 31 in Memphis and just 2 miles from the interstate! Schedule a showing today!
Street View Not Available At this Location
Address:5505 Village Lane Memphis IN 47143
Status:Pending
on site: 94 days
Price:$278,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,696
Year Built:2006
Lot Size:0.22
County: Clark
Township: Union
MLS #:202405601
Property Type:Residential
Lot Dimensions:9661.61
Road Surface:Paved
Lot Features:DeadEnd
Zoning:Residential
Water Source:Connected, Public
Directions:I-65 North to Memphis Exit, turn right. Go to end of road where Hwy. 31 meets, turn left. Approx. 1 mile on the left turn into Village Lane.
Upper Level Sq. Ft. :1,696
Total Sq. Ft. :1,696
Sq. Ft. Source:Assessor
Basement:Yes
| Date | Old Price | New Price | Percent Change |
| 02/14/24 | $298,000 | $278,000 | -6.71% |
| Room | Size | Level |
| FullBath | 4.8 x 9.6 | First |
| FullBath | 10.8 x 10.7 | First |
| Other | 6 x 8 | First |
| PrimaryBedroom | 12 x 13.5 | First |
| LivingRoom | 16.5 x 18 | First |
| Kitchen | 15.3 x 20 | First |
| Bedroom | 13 x 11.6 | First |
| Bedroom | 13 x 10 | First |
Semi-Annual Property Tax:$759
Mandatory HOA Fee:$207
HOA Fee Paid:Annually
Total Sq. Ft.:1,696
Interior Features:BreakfastBar, CeilingFans, EntranceFoyer, BathinPrimaryBedroom, MainLevelPrimary, MudRoom, OpenFloorplan, SplitBedrooms, UtilityRoom, WalkInClosets
Appliances:Dishwasher, Disposal, Microwave, Oven, Range
Porch / Patio:Covered, Deck, Porch
Exterior Features:Deck, Landscaping, Porch
Exterior Type:Brick, Frame
Cool:CentralAir
Heat:ForcedAir, HeatPump
Total Rooms:8
Tucker Customer Care
Additional Phone (317) 954-4768
Email customerservice@talktotucker.com
F.C. Tucker Company
Schools in 5505 Village Lane Memphis, IN 47143
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Listing provided courtesy of Debbie Brown with Ward Realty Services
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
250
Avg. DOM
$137.13
Avg. $ / Sq.Ft.
$ 479,900
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 $479,900.00 and the average price per square feet is $137.13 per square feet. At the moment, the amount of homes listed is exactly 11 houses, with 5 with active status, 1 with pending status and 5 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 $2,752.00. 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 85 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 3382 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 3568.6 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.