204 Killen Road Memphis, IN $ 475,000
204 Killen Road
$ 475,000
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204 Killen Road

Memphis, IN, 47143
$ 475,000
Bedrooms3 Baths3.0 Sq 2,071

Monthly Estimate*

$ 2,963

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Single Family Home for sale in Memphis, IN

for $475,000 with 3 bedrooms and 3 full baths. This 2,071 square foot home was built in 1945 on a lot size of 5.22.

This isn't just a home — this is a COMMERCIALLY ZONED income opportunity on 5+ acres, with a turnkey residence and a 2,400 sqft (40x60) concrete block pole barn built for business. The massive structure is B2-zoned, spray-foamed, and on its own dedicated electric and Wi-Fi, making it ideal for a home-based business, rental income, or tax-write-off work space that offsets your mortgage. Inside the 3 bed, 3 bath home, you’re welcomed by an open living room that connects to the dining space and updated kitchen featuring white cabinetry, newer appliances, and a large center island. A full bathroom and mudroom/laundry off the back adds daily function, while the main floor primary suite boasts two oversized closets and a private bath. Upstairs are two additional bedrooms and another full bathroom. Outside, enjoy peaceful views from the large back deck, the flexibility of a 2-car garage, and endless room to breathe or build. Whether you’re dreaming of a mini-farm, a small business headquarters, or passive rental income, this property is zoned and ready to make it happen. And for the right buyer, the seller is open to offering seller financing.

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Single Family Active

Price

$ 475,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 1,580

Style

Lot Size

5.22

Year Built

1945

Town/City

Memphis

County/Region

Clark

MLS | Web ID

2025011843

Features
General
Sewer Septic Tank
Heating Forced Air Heat Pump
Cooling Central Air
Possession Negotiable
Roof Shingle
Appliances Dishwasher Microwave Oven Range Refrigerator
Zoning Residential Commercial
Garage Spaces 2
Patio/Porch Features Covered Deck Porch
Construction Materials Brick Frame
Year Built 1945
Township Union
Property Subtype Residential
County Clark
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Other Structures Garage(s)
Total Rooms 10
Full Baths 3
Status Active
Directions Hwy 31 to Killen Rd then home on the right
City Memphis
Zoning Description Residential Commercial
Lot Size Units Acres
Lot Size Square Feet 227383.2
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 1580
Standard Status Active
Property Sub Type Additional Residential
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Interior
Interior Amenities Separate/Formal Dining Room Kitchen Island Bath in Primary Bedroom Main Level Primary Mud Room Utility Room Walk-In Closet(s) Window Treatments
Basement Crawl Space
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Above Grade Finished Area 2071
Half Baths 0
Laundry Features Main Level Laundry Room
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities Deck Landscaping Paved Driveway Porch
Parking Features Detached Garage Garage Door Opener
Water Source Connected Public
Lot Size Area 5.22
Foundation Details Crawlspace
Building Area Total 2071
Lot Size Acres 5.22
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded Features
List By
Taylor Day

Listing Agent

Waiz Real Estate

Broker

taylor@familyrealty.com

Email

Affordability Calculator

$3,095
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,963
Monthly Property Taxes
$132
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$475,000 -4.04% Price Down
11/4/2025$495,000 Listed Price

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204 Killen Road, Memphis, IN, 47143 is a Single Family Home for sale at $475,000 with 2,071 sqft and a lot size of 5.22. 204 Killen Road has 3 bedrooms, 3.0 baths, and was built in 1945. The property's zip code is 47143 which is in Memphis, IN