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.
For sale
Price cut: $20K (11/21)
$475,000
204 Killen Road, Memphis, IN 47143
3beds
2,071sqft
Est.:
Single Family Residence
Built in 1945
5.22 Acres Lot
$466,000 Zestimate®
$229/sqft
$-- HOA
What's special
- 70 days |
- 1,472 |
- 120 |
Zillow last checked: 8 hours ago
Listing updated: November 21, 2025 at 05:01am
Listed by:
Taylor Day,
Waiz Real Estate
Source: SIRA,MLS#: 2025011843
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: Flooring: Luxury Vinyl Plank
- Level: First
- Dimensions: 15 x 11.6
Bedroom
- Description: Flooring: Luxury Vinyl Plank
- Level: Second
- Dimensions: 10.9 x 14.3
Bedroom
- Description: Flooring: Luxury Vinyl Plank
- Level: Second
- Dimensions: 12.9 x 8.6
Dining room
- Description: Flooring: Luxury Vinyl Plank
- Level: First
- Dimensions: 15.5 x 9.5
Other
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Other
- Description: main bathroom,Flooring: Luxury Vinyl Plank
- Level: First
Other
- Description: Flooring: Luxury Vinyl Plank
- Level: Second
Kitchen
- Description: Flooring: Luxury Vinyl Plank
- Level: First
- Dimensions: 12.2 x 15
Living room
- Description: Flooring: Luxury Vinyl Plank
- Level: First
- Dimensions: 15.2 x 22.5
Other
- Description: mudroom/ utility,Flooring: Luxury Vinyl Plank
- Level: First
- Dimensions: 16 x 12
Heating
- Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, Range, Refrigerator
- Laundry: Main Level, Laundry Room
Features
- Separate/Formal Dining Room, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Mud Room, Utility Room, Walk-In Closet(s), Window Treatments
- Windows: Blinds
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,071
- Total interior livable area: 2,071 sqft
- Finished area above ground: 2,071
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Deck, Porch
- Exterior features: Deck, Landscaping, Paved Driveway, Porch
Lot
- Size: 5.22 Acres
Details
- Additional structures: Garage(s)
- Parcel number: 10000050930
- Zoning: Residential,Commercial
- Zoning description: Residential,Commercial
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $212,000
- Annual tax amount: $1,580
- Date on market: 10/17/2025
- Cumulative days on market: 71 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$466,000
$443,000 - $489,000
$2,281/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Price change | $475,000-4%$229/sqft |
Source:  SIRA #2025011843 Report a problem | ||
| 10/17/2025 | Listed for sale | $495,000+102%$239/sqft |
Source: SIRA #2025011843 Report a problem | ||
| 1/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/6/2023 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/29/2018 | Listing removed | $245,000$118/sqft |
Source: RE/MAX FIRST (JEFFERSONVILLE NEW ALBANY) #2017010802 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,694 +11.4% | $212,000 -1% |
| 2023 | $1,520 +13.8% | $214,100 -1.9% |
| 2022 | $1,336 +8.8% | $218,200 +19% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,740/mo
Principal & interest
$2269
Property taxes
$305
Home insurance
$166
Climate risks
Neighborhood: 47143
Nearby schools
GreatSchools rating
- 4/10Silver Creek Elementary SchoolGrades: 2-5Distance: 3.8 mi
- 6/10Silver Creek Middle SchoolGrades: 6-8Distance: 3.8 mi
- 6/10Silver Creek High SchoolGrades: 9-12Distance: 3.7 mi
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