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$2,225,000

  • 5 Beds
  • 3 Baths
  • 5,830 sq. Ft

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Property Description for 7601 S 700 W Morgantown, IN 46160

Nestled on over 33 acres of breathtaking countryside, this expansive farm residence offers a rare opportunity for you to own property that features 5,000+ square foot ranch home, on rolling topography, 1.5 acre pond with peaceful water views, exceptional 10 stall horse barn fully equipped with indoor arena, 1,800 sq. ft. outbuilding, as well as horse pastures which makes this farm a true escape into tranquility! This property lends itself to a variety of uses whether you're looking for a serene retreat, aspiring to own a farm, or embracing an equestrian lifestyle with all the amenities, or countless creative possibilities inspired by your imagination!! The home is designed with both comfort and entertaining in mind. You will be greeted by a spacious foyer that leads into the unique hearth room created for overall atmosphere and camaraderie. The primary suite is a retreat unto itself with his and her walk-in closets, and cedar closets for storing. The remaining bedrooms could serve the family, guests, offices, or as hobby spaces. The basement family room with fireplace provides additional living space and a perfect spot for movie nights, or simply relaxing. Owning this home and driving up your picturesque, tree-lined driveway will feel like owning your own slice of paradise! It is a great location just minutes from Brown County, Greenwood, or I69. Schedule your showing today!!
QuickBuy option for home selling

Address:7601 S 700 W Morgantown IN 46160
Status:Active
on site: 106 days
Price:$2,225,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Sq. Feet:5,830
Year Built:1950
Lot Size:33.90
County: Johnson
Township: Hensley
MLS #:21996451
Property Type:Farm

Lot Features:Not In Subdivision, Rural - Not Subdivision, Mature Trees
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :3,998
Total Sq. Ft. :5,830
Basement:Yes

Loan Price
$13,120
Price And Interest $11,607/month
Property Tax $586/month
MTG INS $0/month
HOME INS $927/month
Price
$2,225,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$586/month
Home Owner Insurance
$11,124 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 24x20 Main
Dining Room 15x11 Main
Kitchen 21x10 Main
Breakfast Room 24x24 Main
Dining Room 17x11 Main
Bedroom 2 13x12 Main
Bedroom 3 13x10 Main
Great Room 37x27 Main
Hearth Room 35x35 Main
Foyer 23x13 Main
Mud Room 22x18 Main
Bedroom 4 14x10 Basement
Bedroom 5 16x11 Basement
Family Room 28s16 Basement
Utility Room 24x15 Basement
Utility Room 19x12 Basement

Semi-Annual Property Tax:$3,513
Tax Year:2023
Other Disclosures:Estate
Mandatory HOA Fee:$

Area: 4107 - Johnson - Hensley
Subdivision: No Subdivision
Zip Code:46160

High School:Indian Creek Sr High School
Middle School:Indian Creek Middle School
Elementary School:Indian Creek Elementary School

Total Sq. Ft.:5,830
Interior Features:Breakfast Bar, Built In Book Shelves, Cathedral Ceiling(s), Vaulted Ceiling(s), Entrance Foyer, Skylight(s), Walk-in Closet(s)
Interior Area(s):Utility Room
Eating Area(s):Breakfast Room, Formal Dining Room, Other Eating Area
Appliances:Dishwasher, MicroHood, Electric Oven, Refrigerator, Trash Compactor
Equipment:Generator
Exterior Features:Barn Pole, Out Building With Utilities, Water Feature Fountain
Exterior Type:Stone, Wood
Fuel:Propane Leased
Fireplace(s):Basement, Great Room, Hearth Room
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, MicroHood, Electric Oven, Refrigerator, Trash Compactor
Total Rooms:16
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Katy Zirkelbach with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/25/2024 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

131
Avg. DOM
$202.97
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Morgantown are not dropping at the moment. There has been a increase in price of $48,470.40. 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 Up. The average house price is $382,000.00 and the average price per square feet is $202.68 per square feet. At the moment, the amount of homes listed is exactly 57 houses, with 16 with active status, 4 with pending status and 37 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 $2,398.53. 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 80 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 12217 minutes ago.

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

The cost of the most expensive home in Morgantown is $3,200,000.00. 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 $125,000.00 . 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 1890 and the newest built house is in year 2019.

The average size of properties in Morgantown is 2539.94 sq.ft. , the biggest one being 4493 sq.ft. and the smaller being 1004 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.