5528 Village Lane

Memphis, IN
$ 340,000 Beds 4 Baths 3.5 Sq 3,135
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 340,000
  • City
  • Memphis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • Clark
  • Half Bathrooms
  • 1
  • Area
  • Union
  • Lot Size
  • 0.2191 Acres
  • Zip
  • 47143
  • Sqr Footage
  • 3,135
  • Year Built
  • 2013
  • Taxes
  • $ 2134
  • Style
  • MLS#
  • 202608787
Listed By: Jay Pitts with Re/Max Premier Properties
Data Source: Southern Indiana REALTORS® Association (SIRA)

Features

General

Heating 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

Interior Features

Interior 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

Exterior Features

Exterior 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

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Jeffersonville, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School
Middle School
High School

Price History

6/1/2026 Listed $355,000
8/24/2026 1% - $350,000
9/22/2026 3% - $340,000

Property vs Zip Code Average in 47143

Price
AVG $360K
$340K
Taxes
AVG $12,775
$2,134
Year Built
AVG 2019
2013

5528 Village Lane Memphis, IN is a Single Family Home for sale at $340000 with 3135 sqft and a lot size of 0.2191 Acres Acre(s). 5528 Village Lane Memphis has 4 bedrooms, 3 baths and was built in 2013. The property's zip code is 47143 which is in Memphis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.