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(SOLD) $312,500

5519 Village Lane Memphis, IN  47143

  • 3 Beds
  • 3 Baths
  • 1,739 sq. Ft

Property Description for 5519 Village Lane Memphis, IN 47143

Welcome to this move-in ready, meticulously maintained and recently painted home featuring an open floor plan with split bedrooms. The large kitchen features a pantry, beautiful cabinets, all stainless steel appliances, a breakfast bar, and a large farmhouse sink. The primary bedroom and bathroom showcase luxurious LVP flooring and a spacious walk-in closet. One of the additional two bedrooms also includes a walk-in closet. The expansive living room is enhanced with built-in shelves and cabinets. The property offers ample storage with a full unfinished basement with a "safe room", already plumbed for a third bath and equipped with a new sump pump installed in 2022, complete with a water-powered backup pump. The extra-large two-car garage provides plenty of space, while the beautifully landscaped exterior features a covered front porch. The secluded backyard is an entertainer's dream with composite decking, a wraparound fence, and astro turf. Schedule your showing today before it's gone!

Address:5519 Village Lane Memphis IN 47143
Status:Sold
Sold On: 9/20/2024
Price:$312,500
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,739
Year Built:2016
Lot Size:0.22
County: Clark
Township: Union
MLS #:202408864
Property Type:Residential

Lot Dimensions:9661.61
Road Surface:Paved
Lot Features:CulDeSac, DeadEnd
Zoning:Residential
Water Source:Connected, Public
Directions:65 N to Memphis Exit, turn right. Left on Hwy. 31. Turn left onto Village Lane. House will be on the left.
Upper Level Sq. Ft. :1,739
Total Sq. Ft. :1,739
Sq. Ft. Source:ListingAgent
Basement:Yes

Loan Price
$1,943
Price And Interest $1,630/month
Property Tax $183/month
MTG INS $0/month
HOME INS $130/month
Price
$312,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$183/month
Home Owner Insurance
$1,560 / year
HOA Dues
$17 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Bedroom 12 x 12 First
Kitchen 17 x 22.2 First
LivingRoom 16 x 16.5 First
Bedroom 11.5 x 12.5 First
PrimaryBedroom 15.2 x 15.5 First
HalfBath 6.11 x 2.11 First
FullBath 5.11 x 9.11 First
FullBath 11.9 x 10.5 First
Other 4.10 x 9.3 First

Semi-Annual Property Tax:$1,097
Mandatory HOA Fee:$200
HOA Fee Paid:Annually

City:Memphis
Subdivision: The Villages at Memphis
Zip Code:47143

Total Sq. Ft.:1,739
Interior Features:BreakfastBar, Bookcases, EntranceFoyer, EatinKitchen, MainLevelPrimary, MudRoom, OpenFloorplan, Pantry, SplitBedrooms, Storage, SeparateShower, UtilityRoom, WalkInClosets
Appliances:Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
Porch / Patio:Covered, Deck, Patio, Porch
Exterior Features:Deck, Fence, LandscapeLights, PavedDriveway, Porch, Patio
Exterior Type:Brick, Frame
Cool:CentralAir
Heat:ForcedAir
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Jane Drane with Southern Homes 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

392
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.

There is no data available at this time for 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 2380 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.