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$543,000 ā†“$5,000on 11/9/2024

  • 4 Beds
  • 3 Baths
  • 3,988 sq. Ft

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Property Description for 7864 W 50 S Morgantown, IN 46160

Escape to this serene 10-acre country retreat, where tranquility and natural beauty come together. This charming 4-bedroom, 2.5-bathroom ranch home offers a peaceful escape, beginning with a welcoming covered porch-perfect for enjoying your morning coffee or unwinding in the evening. Step inside to find generous living spaces, including a full basement with endless possibilities. The spacious, updated kitchen and inviting family room create an ideal setting for family gatherings and entertaining guests. A cozy screened-in porch allows you to appreciate the natural beauty and abundant wildlife that grace the property. Large 10x10 laundry room on the main level for added convenience. For those passionate about rural living, this country estate features multiple fenced pastures and a large livestock barn, providing excellent opportunities for agricultural pursuits. An oversized detached garage, equipped with electricity, offers ample space for a workshop or additional storage. Located within the Franklin Community Schools district, this property offers the perfect blend of seclusion and accessibility to local amenities. Don't miss the chance to experience this extraordinary property-schedule your visit today!
QuickBuy option for home selling

Address:7864 W 50 S Morgantown IN 46160
Status:Active
on site: 32 days
Price:$543,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:3,988
Year Built:1987
Lot Size:10.00
County: Johnson
Township: Union
MLS #:21996346
Property Type:Single Family Residence

Lot Dimensions:435600
Lot Features:Not In Subdivision, Mature Trees, Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,704
Total Sq. Ft. :3,988
Basement:Yes

Loan Price
$3,571
Price And Interest $2,833/month
Property Tax $512/month
MTG INS $0/month
HOME INS $226/month
Price
$543,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$512/month
Home Owner Insurance
$2,712 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/09/24 $548,000 $543,000 -0.91%

RoomSizeLevel
Family Room 14x16 Main
Dining Room 12x15 Main
Kitchen 34x34 Main
Laundry 10x10 Main
Primary Bedroom 14x23 Main
Bedroom 2 12x12 Main
Bedroom 3 12x12 Main
Bedroom 4 12x20 Main
Play Room 17x20 Basement
Bonus Room 10x12 Basement

Semi-Annual Property Tax:$3,069
Tax Year:2023
Mandatory HOA Fee:$

Area: 4106 - Johnson - Union
Subdivision: No Subdivision
Zip Code:46160

High School:Franklin Community High School
Middle School:Franklin Community Middle School

Total Sq. Ft.:3,988
Interior Features:Attic Access, Built In Book Shelves, Hardwood Floors, Walk-in Closet(s), Windows Vinyl, Wood Work Stained
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:MicroHood, Electric Oven, Refrigerator
Exterior Features:Barn Pole, Out Building With Utilities
Exterior Type:Vinyl Siding
Fuel:Propane Leased
Fireplace(s):Family Room, Free Standing
Cool:Central Electric
Heat:Forced Air, Propane
Water Heater:MicroHood, Electric Oven, Refrigerator
Total Rooms:10
Tucker Customer Care, REALTORĀ®/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 Steve Lew with Steve Lew Real Estate Group, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/14/2024 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 11906 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.