Last Sold Price
3 beds1,647 sqft$89/sqft
124 Ivan Rd, Memphis, TN 38109

Description

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1,095 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1,095 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
LISTING CLOSED: 04/27/2022 12:00 AM

  1. Listed by Jim Reedy • Reedy Group II, LLC

Property Details for 124 Ivan Road

Status
MLS #
10118293
Days on Market
1
Taxes
$1,154 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family / No
Year Built
1959
Lot Size
0.43 AC / 18,730 SF
Area
763E
Style
Traditional
MAAR Subdivision Name
REDWOOD VILLAGE
Legal Subdivision Name
NATE LENOWS REDWOOD VILLAGE

Recent comparable sales

Median sold price

$157,000

Avg days on market

41

Sale-to-list ratio

98.7%

[Memphis, TN]

9 comparable properties found

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Square Feet
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Acres
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Sold 09/12/25

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Bedrooms
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Acres
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Square Feet
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$121,000 | 206 Neely Cove, Memphis, TN 38109
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Location

Listing Courtesy of Reedy Group II, LLC

Sold By Reedy Group II, LLC

Add your commute

Building Information for 124 Ivan Road

Stories1Year Built1959Building Size-Lot Size0.43 AC / 18,730 SF

Payment Calculator

$838 per month

30 year fixed, 6.55% Interest

Principal and Interest

$742

Property Taxes

$96

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 124 Ivan Road

Summary
Location and General Information
  • Address: 124 IVAN RD
  • Address Search Number: 124
  • Directions: Get on I-240 W from N Mendenhall Rd 5 min (2.2 mi) Continue on I-240 W to US-61 S/S 3rd St. Take exit 7 from I-55 N 15 min (15.6 mi) Continue on US-61 S/S 3rd St. Take Neely Rd to Ivan Rd
  • Map Coordinate: E
  • MLS Map Num: Whitehaven/Graves
  • Neighborhood Association: None
Parking
  • Parking Display: 1
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 02-25-2022
Property
Lot Information
  • Lot Size: 116X170
  • Acreage: .43
  • Lot Num: 1
  • Lot Description: Some Trees
  • Parcel ID: 076034 00035
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Slab
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Public Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer, Wood/Composition
  • Misc Exterior: Wrought Iron Security Drs
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Num of Fireplaces: 1.0
  • 1st Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms Down: 3.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Updated/Renovated Kitchen
  • Total Baths: 1

Property History for 124 Ivan Road

DateEvent & SourcePriceAppreciation
Apr 27, 2022

Sold

MAARMLS #10118293

$145,900
Apr 26, 2022

Sold (Public Record)

Public Record #1488563634

$145,900

+645.5% / yr

Feb 23, 2022

Contract Signed

MAARMLS #10118293

DateEvent & SourcePrice
04/27/2022

Sold

MAARMLS #10118293

$145,900
04/26/2022

Sold (Public Record)

Public Record #1488563634

$145,900

+645.5% / yr

02/23/2022

Contract Signed

MAARMLS #10118293

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 124 Ivan Road

Taxable ValueLand$4,300Additions$40,350Total$44,650
Tax Record2024$2,940 ($245 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,647 SqFtAbove Grade Finished SqFt1,647 SqFtStories1Lot Size19,079 SqFtStyleSingle Family ResidenceYear Built1959Year Renovated2009ZoningR-10CountySHELBYAPN076-034- - -00035Fireplace TypeHas Fireplace

Schools near 124 Ivan Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Charter - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Westhaven Elementary School
PublicPK to 5

A. Maceo Walker Middle School
Public6 to 8

Fairley High School
Charter9 to 12

Memphis School of Excellence Cordova
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reedy Group II, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively 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. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.