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$329,999 ↓$7,000on 6/26/2024

5522 Village Lane Memphis, IN  47143

  • 3 Beds
  • 3 Baths
  • 3,047 sq. Ft

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Property Description for 5522 Village Lane Memphis, IN 47143

Looking for plenty of space, well look no further because this home has it......... As you enter the front door you walk into your large living area with tall vaulted ceilings and an open staircase to the basement. This home has a split floor plan offering 3 bedrooms on the main floor and 2 additional in the basement (non conforming egress). The Master suite has great space offering a walk-in closet and full bathroom. The laundry area is located on the main floor for your convenience. In the Eat in kitchen you have plenty of cabinet space along with a breakfast bar, the sellers will leave all the kitchen appliances for your convenience. Just outside the patio doors you have the most BEAUTIFUL SCENERY, behind the home where there is a private Veterans Memorial Park that is beautifully landscaped. Your family will enjoy this summer in the above ground pool that has been opened for the season. Lots of potential in the basement where you have another Large family living area, Wet Bar, storage, full bathroom, and the 2 other rooms that are currently used as bedrooms (no Egress). This home is a 1 street subdivision and 5 minutes to interstate 65....Call before this one is gone. Sq ft & rm sz approx.

Address:5522 Village Lane Memphis IN 47143
Status:Active
on site: 174 days
Price:$329,999
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,047
Year Built:2011
Lot Size:0.22
County: Clark
Township: Union
MLS #:202408472
Property Type:Residential

Lot Dimensions:9661.61
Lot Features:CulDeSac, DeadEnd
Zoning:Residential
Water Source:Connected, Public
Directions:I-65 to the Memphis Exit to Hwy 31 to left on Village Lane, home on right
Upper Level Sq. Ft. :1,847
Total Sq. Ft. :3,047
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$2,065
Price And Interest $1,721/month
Property Tax $207/month
MTG INS $0/month
HOME INS $137/month
Price
$329,999
Down Payment %
0 %
Down Payment
$0
Property Taxes
$207/month
Home Owner Insurance
$1,644 / year
HOA Dues
$17 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
06/26/24 $336,999 $329,999 -2.08%

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

Semi-Annual Property Tax:$1,244
Mandatory HOA Fee:$200
HOA Fee Paid:Annually

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

Total Sq. Ft.:3,047
Interior Features:WetBar, CeilingFans, EatinKitchen, BathinPrimaryBedroom, MainLevelPrimary, SplitBedrooms, UtilityRoom, VaultedCeilings, WalkInClosets
Appliances:Dishwasher, Microwave, Oven, Range
Porch / Patio:Covered, Deck, Porch
Exterior Features:Deck, Fence, PavedDriveway, Porch
Exterior Type:Brick, Frame, VinylSiding
Cool:CentralAir
Heat:ForcedAir
Total Rooms:12
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 Sandra Rodgers with Schuler Bauer Real Estate Services ERA Powered (N

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

399
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.

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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 1358 minutes ago.

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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.