NOT LISTED FOR SALE

5531 Village Ln Unit 16 Memphis, IN 47143

Estimated Value: $266,000 - $278,000

3 Beds
2 Baths
1,420 Sq Ft
$192/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $219,900 $155 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,672/month

12 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • 1-Story Property
  • Cul-De-Sac
  • Patio
  • Landscaped

About This Home

As of November 2021

Welcome home to The Villages at Memphis. Affordable new construction located just off the Memphis exit and approx. 15 minutes to Louisville. This is a small subdivision on a cul-de-sac with sidewalks and streetlights. The home is a beautiful 1 story, open concept home with 3 bedrooms and 2 full baths. Enter through the front door into the great room with vaulted ceilings & open to the spacious kitchen with plenty of cabinets for storage. Sliding glass doors open to your concrete patio, a great place for outdoor entertaining. Split bedroom floor plan for privacy, main bedroom has trey ceiling and main bath has double vanity sinks and walk in closet. Luxury vinyl plank flooring throughout the main living area for easy maintenance. USDA 100% financing available. Seller is licensed real estate agent.

Last Listed By

Karen Wilson

Ward Realty Services License #RB14039017 Listed on: 01/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.4 Acre Lot
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 101022000100000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,692

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Additional Parking: On Street
  • Annual Tax: 12
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Home Owner Assoc: 250
  • Home Warranty Provided: RWC
  • Land Assessment: 8900
  • Legal Description: THE VILLAGE SUBD LOT 16
  • New Construction: Yes
  • Parcel Number: 101022000100000032
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 8900
  • Total Finished Square Footage: 1420
  • Type: 1 Story
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1420.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Bath Master, Ceiling Fan(s), Split Bedrooms
  • Lot Sq Ft: 17424.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1420
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Landscaped, Patio, Paved Driveway, Public Sidewalk

Garage/Parking

  • Garage Type: Attached, Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Condo/Co-op/Association

  • HOA: Yearly

Lot Info

  • Acres: 0.4000
  • Lot Description: Cul-De-Sac
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Nov 5, 2021
Sold by
Chase Murphy Enterprises
Bought by
Sharp Bailey R
Seller's Agent
Karen Wilson
Ward Realty Services
Buyer's Agent
Ryan Chanley
Home Smart Real Estate Service
List Price
$219,900
Sold Price
$219,900
Total Days on Market
12
Current Estimated Value
$272,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,452
Avg. Annual Appreciation
6.30%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sharp Bailey R $219,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $219,900 0.0% $155 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $219,900 -- $155 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

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 $1,692 $245,300 $61,600 $183,700
2023 $1,692 $245,400 $61,600 $183,800
2022 $1,311 $227,800 $61,600 $166,200
2021 $810 $61,600 $61,600 $0
2020 $124 $8,900 $8,900 $0
2019 $6 $400 $400 $0
2018 $6 $400 $400 $0
2017 $6 $400 $400 $0
2016 $6 $400 $400 $0
2014 $5 $100 $100 $0
2013 -- $100 $100 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Southern Indiana REALTORS® Association

MLS Number: 202105334

Southern Indiana REALTORS® Association

APN: 10-10-22-000-100.000-032