5528 Village Lane Memphis IN 47143 (House For Sale) | MLS 202608787
Frequently Asked Questions
Are house prices dropping in Memphis?
The house prices in Memphis are indeed dropping at the moment. There has been a decrease in price of $239,990.00. 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.
What is the housing market like in Memphis at this time?
The housing market and house prices in Memphis are going down. The average house price is $299,900.00 and the average price per square feet is $142.58 per square foot. At the moment, there are 25 homes listed - 17 active, 3 pending, and 5 sold in Memphis.
What is the most popular place to buy a house in Memphis?
The most popular place to buy a home in Memphis is 13-Indiana. 13-Indiana has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Memphis?
The average amount of property taxes you would have to pay for a home in Memphis is $300.00. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
How fast are houses listed in Memphis being sold?
Properties in Memphis stay on the market for an average of 81 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
How often are houses listed for sale in Memphis?
The last home listed in Memphis was 3332 minutes ago.
Can you visit houses in Memphis?
Currently, there are 1 open houses available for viewing in Memphis.
What is the most expensive house in Memphis?
The cost of the most expensive home in Memphis is $624,900.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
What is the cheapest house in Memphis?
The cost of the cheapest home in Memphis is $269,990.00. Buying a cheaper home can keep payments low and leave room for customization.
How old are the homes in Memphis?
The oldest home in Memphis was built in 1937, and the newest in 2026.
How big are the homes in Memphis?
The average property size in Memphis is 2348.82 sq.ft., the largest being 4506 sq.ft., and the smallest being 1774 sq.ft.
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Additional Details
Property Details
Lot Dimensions:
9544
Road Surface:
Paved
Lot Features:
Cul De Sac, Dead End
Zoning:
Residential
Water Source:
Connected, Public
Upper Level Sq. Ft.:
2, 090
Total Sq. Ft.:
3, 135
Sq. Ft. Source:
Assessor
Basement:
Yes
Directions:
I 65N To Memphis Exit (Exit 16). Turn Right On Blue Lick Rd./Memphis Blue Lick Rd., Left On US 31N, And Left On Village Ln. Home Is On The Right.
Interior Features
Separate Formal Dining Room, Bath In Primary Bedroom, Walk In Closets
Welcome home to this spacious 4 bedroom, 3.5 bath home offering more than 3,000 sq ft of finished living space, tucked away on a quiet cul-de-sac in the Villages at Memphis neighborhood. Featuring an attached garage, finished basement, fenced backyard, and numerous updates, this home combines comfort, functionality, and convenience. A charming covered front porch welcomes you inside, where the inviting living room flows into the formal dining area, creating an ideal space for entertaining family and friends. The eat-in kitchen offers abundant cabinet and counter space and provides direct access to the rear deck, overlooking the private, fully fenced backyard. Upstairs, you'll find all four bedrooms along with the conveniently located laundry room. The spacious primary suite features a large walk-in closet and private en-suite bath. The seller is currently installing a custom shower that includes a transferable lifetime warranty, adding even more value to this exceptional space. The finished basement expands the home's versatility with an additional living area, bonus room, and full bathroom - perfect for a media room, home office, guest space, or recreation area. Additional highlights include two HVAC systems and easy access to I-65 for a convenient commute. Recent updates include a new water heater (2025), new main-level flooring (2025), new stove, refrigerator, and microwave (2025), new dishwasher (2024), newer sump pump (2024), and gutter guards installed in 2020.
Source: SIRA as distributed by MLS GRID, MLS ID: 202608787
Listing provided courtesy of Jay Pitts 502-384-5944 with Re/Max Premier Properties
Welcome home to this spacious 4 bedroom, 3.5 bath home offering more than 3,000 sq ft of finished living space, tucked away on a quiet cul-de-sac in the Villages at Memphis neighborhood. Featuring an attached garage, finished basement, fenced backyard, and numerous updates, this home combines comfort, functionality, and convenience. A cha...
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Source: SIRA as distributed by MLS GRID, MLS ID: 202608787
Listing provided courtesy of Jay Pitts 502-384-5944 with Re/Max Premier Properties
Memphis offers a peaceful environment with predominantly single detached homes, many featuring three or more bedrooms. The neighborhood maintains a quiet atmosphere with generally tranquil streets, creating a relaxing space for residents. Convenient access to major highways like I-65 allows for smooth travel throughout the area. Dining options are available locally with a modest selection of restaurants. The housing stock is relatively modern, with most residences built after the year 2000, providing contemporary living spaces. Ample parking is typically accessible, making it easy to accommodate vehicles. Memphis presents a calm, residential area with good connectivity for everyday commuting.
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