7351 Homestead Road Morgantown, IN $ 597,900
7351 Homestead Road
$ 597,900
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7351 Homestead Road

Morgantown, IN, 46160
$ 597,900
Bedrooms4 Baths3.0 Sq 1,684

Monthly Estimate*

$ 3,681

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Single Family Home for sale in Morgantown, IN

for $597,900 with 4 bedrooms and 3 full baths. This 1,684 square foot home was built in 1987 on a lot size of 5.65.

Nestled at the end of a quiet road, this private and truly unique property offers exceptional versatility and income potential. The 5.65 acre setting features two homes with recent updates, creating an ideal opportunity for a family compound, multi-generational living, or built in rental income. Each home enjoys its own sense of privacy, each with its own detached barn/outbuilding offering ample workspace and parking. The main residence includes four bedrooms, two en suites, and bathrooms with updates. The rental home was remodeled down to the studs in 2023 and features all new systems and finishes. With serene pond views and abundant space, this one-of-a-kind property is a must-see investment and lifestyle opportunity.

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Single Family Active

Price

$ 597,900

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 2,194

Style

Ranch

Lot Size

5.65

Year Built

1987

Town/City

Morgantown

County/Region

Morgan

MLS | Web ID

22094234

Features
Interior
Interior Amenities Attic Access
Basement (Y/N) N
Half Baths 0
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 3
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General
Heating Forced Air Propane
Cooling Central Air
Possession Closing
Appliances Electric Cooktop Dishwasher Dryer Electric Water Heater Disposal Microwave Electric Oven Refrigerator
Garage Spaces 4
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1987
Township Jackson
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Morgan
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 7
Full Baths 3
Status Active
Directions GPS Friendly
High School Brown County High School
City Morgantown
High School District Brown County School Corporation
MLS Area 5511 - Morgan - Jackson
Lot Size Square Feet 246114
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School Brown County Junior High
Additional Parcels Y/N N
Standard Status Active
Tax Lot 070218400133000002
Legal Description N 1/2 Nw Ne Se 18-10-03 5.65 Ac2/10/2020 Easement From 005-18090-00
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Exterior
Parking Features Attached
Lot Features Suburb
Water Source Public
Foundation Details Crawl Space
Building Area Total 1684
Lot Size Acres 5.65
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Century 21 Scheetz

Broker

mmunoz@c21scheetz.com

Email

Affordability Calculator

$3,864
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,681
Monthly Property Taxes
$183
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
4044920 Elementary School
4046569 Middle School
Brown County High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$597,900 -7.87% Price Down
4/24/2026$649,000 Listed Price

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7351 Homestead Road, Morgantown, IN, 46160 is a Single Family Home for sale at $597,900 with 1,684 sqft and a lot size of 5.65. 7351 Homestead Road has 4 bedrooms, 3.0 baths, and was built in 1987. The property's zip code is 46160 which is in Morgantown, IN