5681 S 500 E Morristown, IN $ 170,000
5681 S 500 E
$ 170,000
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5681 S 500 E

Morristown, IN, 46161
$ 170,000
Bedrooms1 Baths1.1 Sq 1,656

Monthly Estimate*

$ 1,047

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Single Family Home for sale in Morristown, IN

for $170,000 with 1 bedroom and 1 full bath, 1 half bath. This 1,656 square foot home was built in 1900 on a lot size of 3.73.

Bring your vision and imagination to this unique rural property set on 3.73 acres of peaceful countryside, surrounded by beautiful open farmland and endless possibilities. The home itself is ready for a full renovation but offers great bones, exposed wood beams, and charming original woodwork that could be the foundation for something special. This home has a Morristown address but is in Eastern Hancock School District. Inside, you'll find 1 bedroom, 1.5 bathrooms, and a loft area that could easily serve as an additional bedroom, home office, or cozy retreat. A flex space off the living room provides even more options for customization. This property isn't for everyone. Being sold AS-IS. The home is in rough shape, but the acreage is really nice. If you've been searching for a project with character, acreage, and privacy, this is your opportunity to bring new life to a solid structure in a beautiful rural setting. Whether you envision a farmhouse restoration, weekend getaway, or small hobby farm - this property offers the space and serenity to make it happen. Garage was converted to storage space... Could be converted back to garage. There is a Heat Pump laying on floor in living room. It conveys with home, but seller cannot verify if it would be functional. Home has propane hookup.. Tank was located 30 feet North/Rear of home, but was removed when converted to electric heat. Water Heather and Softener are in cellar. AGENTS... PLEASE READ PRIVATE REMARKS PRIOR TO SHOWING...

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Single Family Active

Price

$ 170,000

Bedrooms

1

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,602

Style

Rustic

Lot Size

3.73

Year Built

1900

Town/City

Morristown

County/Region

Shelby

MLS | Web ID

22065361

Features
Interior
Interior Amenities Cathedral Ceiling(s) Eat-in Kitchen Wood Work Stained
Basement (Y/N) N
Half Baths 1
Total Bedrooms 1
Main Level Bedrooms 1
Total Baths 2
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General
Heating Wood Stove
Cooling None
Possession Closing
Appliances Dishwasher
Garage Spaces 1
Patio/Porch Features Covered
Architectural Style Rustic
Construction Materials Wood Siding
Year Built 1900
Township Blue River
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2024
County Hancock
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
High School Eastern Hancock High School
City Morristown
High School District Eastern Hancock Co Com Sch Corp
MLS Area 3009 - Hancock - Blue River
Lot Size Square Feet 162566
Elementary School Eastern Hancock Elementary School
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School Eastern Hancock Middle School
Additional Parcels Y/N N
Standard Status Active
Tax Lot 30-11-35-400-018.001-001
Legal Description Ned E Se 35-15-7 3.732Ac
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Exterior
Exterior Amenities Storage Shed
Parking Features Attached
Lot Features Not In Subdivision Rural - Not Subdivision Mature Trees
Water Source Private
Foundation Details Cellar Crawl Space
Spa N
Building Area Total 1656
Lot Size Acres 3.73
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Home Bound Real Estate Llc

Broker

largeteamrealestate@gmail.com

Email

Affordability Calculator

$1,180
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,047
Monthly Property Taxes
$134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4054383 Elementary School
4054385 Middle School
Eastern Hancock High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2026$170,000 -2.86% Price Down
12/18/2025$175,000 -7.89% Price Down
11/5/2025$190,000 -5.00% Price Down
10/15/2025$200,000 Listed Price

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5681 S 500 E, Morristown, IN, 46161 is a Single Family Home for sale at $170,000 with 1,656 sqft and a lot size of 3.73. 5681 S 500 E has 1 bedrooms, 1.1 baths, and was built in 1900. The property's zip code is 46161 which is in Morristown, IN