Price Reduction
Address
5528 Village Lane, Memphis, IN
Price
$ 350,000
Property Attributes
  • MLS#202608787
  • TypeSingle Family
  • Listing Status Active
  • CountyClark
  • CityMemphis
  • AreaUnion
  • NeighborhoodThe Villages at Memphis
  • Zip47143
  • Style
  • Year Built2013
  • Taxes$ 2134
  • Price$ 350,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3135
  • Lot Size0.2191 Acres
Data Source:
Southern Indiana REALTORS® Association (SIRA)
Property Description

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.

Price History
6/1/2026 Listed $355,000
8/24/2026 1$350,000

General Features

Heating HeatPump
Cooling CentralAir
Possession Negotiable
Roof Shingle
Appliances Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator
Zoning Residential
HOA Fee 220
Garage Spaces 2
Patio/Porch Features Deck,Porch
Architectural Style TwoStory
Security Features SecuritySystem
Construction Materials Brick,Frame
Year Built 2013
Stories Count 2
Township Union
Levels Two
Property Subtype Residential
Assoc Fee Paid Per Annually
County Clark
New Construction false
Property Type Residential
HOA true
Attached Garage true
Subdivision Name The Villages at Memphis
Garage Y/N true
Total Rooms 13
Full Baths 3
Status Active
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.
City Memphis
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 9544
Listing Terms Cash,Conventional,FHA,VaLoan
Tax Annual Amount 2134
Property Condition Resale
Standard Status Active
Property Sub Type Additional Residential

Interior Features

Interior Amenities SeparateFormalDiningRoom,BathInPrimaryBedroom,WalkInClosets
Basement Finished,SumpPump
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 2090
Half Baths 1
Laundry Features LaundryRoom,UpperLevel
Total Bedrooms 4
Below Grade Finished Area 1045
Total Baths 4

Exterior Features

Exterior Amenities Deck,Fence,PavedDriveway,Porch
Fencing YardFenced
Parking Features Attached,Garage,GarageDoorOpener
Lot Features CulDeSac,DeadEnd
Water Source Connected,Public
Lot Size Area 0.2191
Building Area Total 3135
Lot Size Acres 0.2191
Road Surface Type Paved
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 47143

Price
AVG $370K
$350K
Taxes
AVG $12,473
$2,134
Year Built
AVG 2018
2013

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