4.6 Acres in Memphis, IN - Wooded, Creek, and Close to Expressway

PAYMENT OPTIONS

SELLER FINANCING
69,900.00
$998.14 for 108 months w/ $7,000.00 down payment
DISCOUNTED CASH PRICE
68,000.00

Reservation Process: If you are interested in reserving this parcel, please choose a reservation method (cash or seller financing) and then click “Reserve Now” button. You will be redirected to our payment page to make the reservation payment of $199 and submit your contact information for the contracts. 

Please visit our frequently asked questions page if you would like more information about the purchasing process!

DETAILS

A creek runs through the back portion of the property. There are 1.5 acres starting at the road and going back towards the creek that are not in the flood plain. Plenty of room for a house and septic field. Most of the remaining acreage is in flood plain due to creek.

Located in an area of homes with acreage but still close to the expressway. I-65 is less than 5 minutes away while maintaining the country feel.

Electric and water are available at the road. Mobile homes are not allowed on the land per a deed restriction.

Purchasing Options:

Seller Financing: $69,900.00. $7,000.00 down and $998.14 a month for 108 months. The total monthly payment includes: $955.09 of principal & interest, $20.00 loan servicing fee, $23.05 property taxes, and $0.00 HOA dues. There are no prepayment penalties!

** Monthly principal & interest of $955.09 based on a financed purchase price of $69,900.00 less the downpayment of $7,000.00 for a net amount financed of $62,900.00 that is payable over 108 of equal installments with an amortized interest rate of 12%.

Discounted Cash Price: $68,000.00.

Nearby Attractions:

Falls of the Ohio: Located on the banks of the Ohio River at 201 West Riverside Drive, Clarksville, Indiana, is Falls of the Ohio State Park. The 390-million-year-old fossil beds are among the largest exposed Devonian fossil beds in the world. The park features a spectacular interpretive center overlooking the fossil beds featuring new interactive, immersive exhibits.

Visit Louisville, KY: Yes, Bourbon is a spirit that comes in a glass, but it’s also a spirit that defines our culture and compassion, our arts and parks, our creative energy. It’s this same spirit that continued and created Louisville itself – a city that combines heritage with innovation, authenticity with originality, quirkiness with friendliness in a way that’s completely unique to our region.

Hoosier National Forest: Hoosier National Forest, in the hills of south central Indiana, provides a wide mix of opportunities and resources for people to enjoy. Rolling hills, back-country trails, and rural crossroad communities make this small but beautiful 203,000 acre Forest a local treasure. Forest managers work with the public to develop a shared vision of stewardship focused on restoring, maintaining, and interpreting the cultural and natural resources of our public lands.

Property Details:

NEAREST LARGE CITY: Louisville, KY
STATE: Indiana (IN)
COUNTY: Clark
ADDRESS: 517 Biggs Rd, Memphis, IN 47143
SIZE: 4.60 Acres
APN(s): 10-10-23-700-041.000-032 / 0 / 0 / 0 / 0 / 0
GPS COORDINATES: 38.501741,-85.778572
PROPERTY ELEVATION: 480 feet above sea level
TAXES: No back taxes, approximately $ 276.64 per year total
HOA Dues: Approximately $0.00 per year total
ACCESS: Paved
ZONING: Agricultural
SEWER: Would be Onsite Septic
WATER: City Water
DISTANCE TO ELECTRIC: available along the road
FEMA FLOOD ZONE: Yes
TERRAIN: Level
CONVEYANCE: Warranty Deed
TITLE: Free and Clear
FSL ID: IN-CLA-89128

VIDEOS

YouTube video

PROPERTY BOUNDARY MAP

DIRECTIONS AND INTERACTIVE MAPS

Google Maps Pin: This pin will allow you to use Google Maps to generate directions from anywhere in the world. Please click the button to use the pin.

MapRight Mobile Link: This link will allow you to use the free MapRight app to allow you to see the property boundaries using your phones GPS while on site. 

The Fine Print

Any property information (including, but not limited to, all real property images, descriptions, pricing, locations and availability; hereinafter referred to as “Real Estate Information”) made available by or through this website is provided solely for informational purposes and is not guaranteed or warranted by Find Some Land LLC. Find Some Land LLC believes the Real Estate Information to be accurate and complete; however it is subject to change and/or correction without notice. 

All information regarding the real estate advertised herein has been assembled through various sources and independent investigation should be conducted by all prospective buyers. Please verify all Real Estate Information through public records available through the County Clerk or Registrar in the county where the property is located. Buyer is responsible for conducting due diligence.

If purchasing with seller financing, the contract for deed stipulates that the property all improvements to the property must be approved in writing.  Please feel free to contact us if this is an issue for you so that we can discuss your specific situation and plans. The approval can and will be provided at the same time as the contract documents.

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