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204 Killen Rd 2,400 SF Flex Building Memphis, IN 47143 $470,000 ($195.83/SF)



Investment Highlights
- Large open pole barn
- 5.22 acres
- Zoned B2 & Residential
Executive Summary
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.
Property Facts Under Contract
Property Taxes
| Parcel Number | 10-10-18-500-097.000-032 | Improvements Assessment | $187,100 |
| Land Assessment | $61,900 | Total Assessment | $249,000 |
Property Taxes
Parcel Number
10-10-18-500-097.000-032
Land Assessment
$61,900
Improvements Assessment
$187,100
Total Assessment
$249,000
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204 Killen Rd
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