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204 Killen Road, Memphis, IN 47143

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For Sale
Sale Pending

$495,000

3 beds • 3 baths • 2,071 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $239.01
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 2025011843

Courtesy Of Waiz Real Estate

(812) 288-6491

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch
  • Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    5.22 Acres

Map and Directions

Directions to 204 Killen Road, Memphis, IN 47143

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 873-1700
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.