Open House 10/4 2pm - 4pm
5528 Village Lane
Memphis, IN, 47143 $ 340,000
Bedrooms4 Baths3.1 Sq 3,135 Monthly Estimate*
$ 2,147
for $340,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,135 square foot home was built in 2013 on a lot size of 0.2191.
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.
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Open House
10/4/2026 2:00 PM - 4:00 PM
5528 Village Lane Memphis, IN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralHeating Heat Pump
Cooling Central Air
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 Two Story
Security Features Security System
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 VA Loan
Tax Annual Amount 2134
Property Condition Resale
Standard Status Active
Property Sub Type Additional Residential
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InteriorInterior Amenities Separate/Formal Dining Room Bath in Primary Bedroom Walk-In Closet(s)
Basement Finished Sump Pump
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 Laundry Room Upper Level
Total Bedrooms 4
Below Grade Finished Area 1045
Total Baths 4
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ExteriorExterior Amenities Deck Fence Paved Driveway Porch
Fencing Yard Fenced
Parking Features Attached Garage Garage Door Opener
Lot Features Cul-De-Sac Dead End
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
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* Excluded FeaturesList ByRe/Max Premier PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,147
- Monthly Property Taxes
- $178
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Memphis, IN
Average List Price $330,067
Percent of Sale Price 3%
About Memphis, IN 702 Population
105% Since 2002
$ 71,642 Median Income
38.1 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/22/2026 | $340,000 | -2.86% | Price Down |
| 8/24/2026 | $350,000 | -1.41% | Price Down |
| 6/1/2026 | $355,000 | | Listed Price |