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$550,000 (Pending)

5896 Spearsville Road Morgantown, IN  46160

  • 3 Beds
  • 2 Baths
  • 1,442 sq. Ft

Property Description for 5896 Spearsville Road Morgantown, IN 46160

Picture perfect horse farm located on a quiet country setting between Brown county and Morgantown. Very well maintained ranch home with 3 bedrooms and 2 full baths has many updates and it overlooks a beautiful 1 and 1/2 acre stocked pond with a gazebo and dock. The home is surrounded by three fenced pastures, rolling land scape and mature trees. The main barn has three stalls, a tack room , running water and electricity. There is a large equipment barn and an Amish built open barn. The attached two car garage has an epoxy floor and the over size detached garage has electricity and a gas furnace. This beautiful all brick home, the pond, the barns and the more than 7 acres of rolling land scape all work together to make this a very functional and beautiful place to live and have horses.

Address:5896 Spearsville Road Morgantown IN 46160
Status:Pending
on site: 23 days
Price:$550,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,442
Year Built:1984
Lot Size:6.57
County: Brown
Township: Jackson
MLS #:21970748
Property Type:Single Family Residence

Lot Dimensions:286189
Lot Features:Not In Subdivision
Water Source:Private Well
Directions:From Nashville - Take State Rd 135 N Approx 5 mi go through Bean Blossom to Spearsville Rd, turn Right, go .8 mi to house on left
Main Level Sq. Ft. :1,442
Total Sq. Ft. :1,442

Loan Price
$3,201
Price And Interest $2,869/month
Property Tax $103/month
MTG INS $0/month
HOME INS $229/month
Price
$550,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$103/month
Home Owner Insurance
$2,748 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Bedroom 3 10x9 Main
Bedroom 2 13x10 Main
Family Room 19x12 Main
Living Room 15x12 Main
Kitchen 13x12 Main
Primary Bedroom 12x12 Main

Semi-Annual Property Tax:$619
Tax Year:2023
Mandatory HOA Fee:$

Area: 701 - Brown - Jackson
Subdivision: No Subdivision
Zip Code:46160

Total Sq. Ft.:1,442
Interior Features:Attic Access, Window Bay Bow
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Electric Oven, Refrigerator, Washer, Water Softener Owned, Propane Water Heater
Exterior Features:Barn Pole
Exterior Type:Brick, Vinyl Siding
Cool:Central Electric
Heat:Forced Air, Propane
Water Heater:Dishwasher, Dryer, Electric Oven, Refrigerator, Washer, Water Softener Owned, Propane Water Heater
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 5896 Spearsville Road Morgantown, IN  46160


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Listing provided courtesy of Hilda Ellis with Berkshire Hathaway Home from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/03/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Morgantown Market Report

99
Avg. DOM
$210.5
Avg. $ / Sq.Ft.
$ 560,000
Med. List Price

The house prices in Morgantown are indeed dropping at the moment. There has been a decrease in price of $174,800.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Morgantown are going Down. The average house price is $542,500.00 and the average price per square feet is $196.66 per square feet. At the moment, the amount of homes listed is exactly 59 houses, with 10 with active status, 13 with pending status and 36 sold in Morgantown .

The most popular place to buy a home in Morgantown is 701 - Brown - Jackson. 701 - Brown - Jackson is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Morgantown .

The average amount of property taxes you would have to pay for a home in Morgantown is $2,554.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Morgantown are staying listed for an average of 85 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Morgantown was 7557 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Morgantown is $635,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Morgantown is $110,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Morgantown in year 1945 and the newest built house is in year 2017.

The average size of properties in Morgantown is 2068.1 sq.ft. , the biggest one being 3988 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.