5501 Village Ln Memphis, IN 47143
3
Beds
2
Baths
1,452
Sq Ft
9,670
Sq Ft Lot
Highlights
- Open Floorplan
- First Floor Utility Room
- Eat-In Kitchen
- Cathedral Ceiling
- 2 Car Attached Garage
- Walk-In Closet
About This Home
As of August 2025Welcome to The Villages at Memphis! This charming 3-bedroom, 2-bath ranch-style, 1 level home is just 5 years young and ideally located minutes from the Memphis exit—only 15 minutes from Louisville! Tucked away in a peaceful cul-de-sac of 31 homes, this small neighborhood features sidewalks, streetlights, with a welcoming community feel. Perfect home for first time homebuyers, downsizers or retirees!
Step inside to an open-concept layout with vaulted ceilings in the great room that flows seamlessly into the spacious kitchen, offering ample cabinetry and room to gather. Luxury vinyl plank flooring throughout the main living areas makes for low-maintenance living.
The split-bedroom floor plan provides added privacy, with the primary suite featuring a tray ceiling, double vanity, walk-in closet, and a private bath.
Unwind in the evenings on your patio, where you can stargaze, listen to the soothing sounds of owls and frogs, or host memorable gatherings with friends and family.
As an added bonus, the sellers are offering a paint allowance so you can add your personal touch. This home also qualifies for **USDA 100% financing**—a fantastic opportunity you won’t want to miss!
Last Agent to Sell the Property
Southern Homes Realty License #RB22002454 Listed on: 06/23/2025
Last Buyer's Agent
Schuler Bauer Real Estate Services ERA Powered (N License #RB19001376
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,613
Year Built
- Built in 2021
HOA Fees
- $17 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Slab Foundation
- Frame Construction
Interior Spaces
- 1,452 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Window Screens
- Entrance Foyer
- First Floor Utility Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating System
- Air Source Heat Pump
- Electric Water Heater
Additional Features
- Patio
- 9,670 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 10000320010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2020
Closed on
Mar 9, 2021
Sold by
Chase Murphy Enterprises
Bought by
Fulda Michael and Fulda Kendra
Seller's Agent
Karen Wilson
Ward Realty Services
Buyer's Agent
Jeremy Ward
Ward Realty Services
List Price
$214,900
Sold Price
$216,500
Premium/Discount to List
$1,600
0.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Similar Homes in Memphis, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Sold | $255,000 | -1.5% | $176 / Sq Ft |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 06/23/2025 06/23/25 | For Sale | $258,900 | +3.1% | $178 / Sq Ft |
| 04/26/2024 04/26/24 | Sold | $251,000 | +0.4% | $177 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 03/29/2024 03/29/24 | For Sale | $250,000 | +15.5% | $176 / Sq Ft |
| 03/09/2021 03/09/21 | Sold | $216,500 | +0.7% | $152 / Sq Ft |
| 01/13/2021 01/13/21 | Pending | -- | -- | -- |
| 12/29/2020 12/29/20 | For Sale | $214,900 | -- | $151 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,368 | $230,800 | $43,300 | $187,500 |
| 2023 | $2,368 | $230,900 | $43,300 | $187,600 |
| 2022 | $1,202 | $213,000 | $43,300 | $169,700 |
| 2021 | $557 | $43,300 | $43,300 | $0 |
| 2020 | $180 | $12,900 | $12,900 | $0 |
| 2019 | $5 | $300 | $300 | $0 |
| 2018 | $4 | $300 | $300 | $0 |
| 2017 | $5 | $300 | $300 | $0 |
| 2016 | $5 | $300 | $300 | $0 |
| 2014 | $5 | $200 | $200 | $0 |
| 2013 | -- | $200 | $200 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jane Drane
Seller's Agent in 2025
Jane Drane
Southern Homes Realty
(502) 523-2104
19 Total Sales
-
Sara Carpenter
Buyer's Agent in 2025
Sara Carpenter
Schuler Bauer Real Estate Services ERA Powered (N
(502) 387-4584
202 Total Sales
-
A
Seller's Agent in 2024
Alesha Reinhold
Lopp Real Estate Brokers
-
Stephannie Wilson
Buyer's Agent in 2024
Stephannie Wilson
Schuler Bauer Real Estate Services ERA Powered (N
(502) 736-8606
891 Total Sales
-
Karen Wilson
Seller's Agent in 2021
Karen Wilson
Ward Realty Services
(502) 819-0958
76 Total Sales
-
Jeremy Ward
Buyer's Agent in 2021
Jeremy Ward
Ward Realty Services
(812) 987-4048
1,255 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 202508784
APN: 10-10-22-000-032.000-032
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
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