content: UNITED STATES
  
                         SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D. C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
  
             PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE
                                     ACT OF 1934
  
  Date of Report (Date of earliest event reported)  May 14, 1996 (March 29, 1996)
  
  Commission File Number                        0-11655
  
                                  NTS-PROPERTIES IV
               (Exact name of registrant as specified in its charter)
  
           Kentucky                                  61-1026356
  (State or other jurisdiction of          (I.R.S. Employer Identification
  incorporation or organization)           No.)
  
     10172 Linn Station Road
     Louisville, Kentucky                                40223
  (Address of principal executive                     (Zip Code)
  offices)
  
  Registrant's telephone number,
  including area code                                (502) 426-4800
  
                                Not Applicable
             Former name, former address and former fiscal year,
                         if changed since last report
  
  
  
  
  <PAGE>
  
  
  
  Item 5.      Other Items
  
               The  Lakeshore/University II Joint Venture, in which NTS-Properties
               IV has an 18% interest, has obtained a commitment from an insurance
               company for permanent  financing in the amount of $17,400,000.  The
               mortgage  will mature  twelve  years from the loan closing date and
               will bear interest at a fixed rate of 8.125%.  The repayment of the
               principal will be amortized over 12 years with monthly  payments of
               principal  and interest in the amount of $189,541.  The proceeds of
               the permanent financing will be used to pay off the Joint Venture's
               current debt financings of  approximately  $16.9 million which bear
               interest at a fixed rate of 10.6%.  The remaining  proceeds will be
               used to fund Joint  Venture  tenant  finish  improvements,  leasing
               costs and loan closing  costs.  The closing  date of the  permanent
               financing is expected to take place before June 30, 1996.
  
  
  
  <PAGE>
  
  
                                     SIGNATURES
  
  
  Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
  Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
  undersigned thereunto duly authorized.
  
  
                                                NTS-PROPERTIES IV
                                                    (Registrant)
  
                                          BY:   NTS-Properties Associates IV
                                                BY: NTS Capital Corporation,
                                                      General Partner
  
  
                                                      /s/ John W. Hampton
                                                      John W. Hampton
                                                      Senior Vice President
  
  
  
  Date:       May 14, 1996
  
  
  
  
  <PAGE>
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K MAY 14, 1996", "secsgml_size_bytes": 3144}]
metadata_filer: {"company-data": {"conformed-name": "NTS PROPERTIES IV", "cik": "0000719589", "assigned-sic": "6500", "irs-number": "611026356", "state-of-incorporation": "KY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-11655", "film-number": "96563846"}, "business-address": {"street1": "10172 LINN STATION RD", "city": "LOUISVILLE", "state": "KY", "zip": "40223", "phone": "5024264800"}, "mail-address": {"street1": "10172 LINN STATION RD", "city": "LOUISVILLE", "state": "KY", "zip": "40223"}}
text: UNITED STATES
  
                         SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D. C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
             PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE
                                     ACT OF 1934
  
  Date of Report (Date of earliest event reported)  May 14, 1996 (March 29, 1996)
  
  Commission File Number                        0-11655
  
                                  NTS-PROPERTIES IV
               (Exact name of registrant as specified in its charter)
  
           Kentucky                                  61-1026356
  (State or other jurisdiction of          (I.R.S. Employer Identification
  incorporation or organization)           No.)
  
     10172 Linn Station Road
     Louisville, Kentucky                                40223
  (Address of principal executive                     (Zip Code)
  offices)
  
  Registrant's telephone number,
  including area code                                (502) 426-4800
  
                                Not Applicable
             Former name, former address and former fiscal year,
                         if changed since last report
  Item 5.      Other Items
  
               The  Lakeshore/University II Joint Venture, in which NTS-Properties
               IV has an 18% interest, has obtained a commitment from an insurance
               company for permanent  financing in the amount of $17,400,000.  The
               mortgage  will mature  twelve  years from the loan closing date and
               will bear interest at a fixed rate of 8.125%.  The repayment of the
               principal will be amortized over 12 years with monthly  payments of
               principal  and interest in the amount of $189,541.  The proceeds of
               the permanent financing will be used to pay off the Joint Venture's
               current debt financings of  approximately  $16.9 million which bear
               interest at a fixed rate of 10.6%.  The remaining  proceeds will be
               used to fund Joint  Venture  tenant  finish  improvements,  leasing
               costs and loan closing  costs.  The closing  date of the  permanent
               financing is expected to take place before June 30, 1996.
  SIGNATURES
  
  Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
  Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
  undersigned thereunto duly authorized.
  
                                                NTS-PROPERTIES IV
                                                    (Registrant)
  
                                          BY:   NTS-Properties Associates IV
                                                BY: NTS Capital Corporation,
                                                      General Partner
  
                                                      /s/ John W. Hampton
                                                      John W. Hampton
                                                      Senior Vice President
  
  Date:       May 14, 1996