4562 W Division Road Morgantown, IN $ 369,900
4562 W Division Road
$ 369,900
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4562 W Division Road

Morgantown, IN, 46160
$ 369,900
Bedrooms3 Baths1.0 Sq 2,368

Monthly Estimate*

$ 2,336

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Single Family Home for sale in Morgantown, IN for $369,900 with 3 bedrooms and 1 full bath. This 2,368 square foot home was built in 1965 on a lot size of 3.35.

Check out this rare opportunity to own 3.35 scenic acres in rural Johnson County with a charming home and approx 1,400sqft Barn with lift! Ideally situated between Trafalgar and Bargersville, with convenient access to Franklin's shopping, dining, and everyday amenities. This ranch home with basement features 3 bedrooms, 1 bath, and numerous recent improvements that provide peace of mind for years to come. Major updates include a new HVAC system and expansion tank (2025), Roof (2021), Septic System (2020 - sized to support up to 3 bathrooms in the home), Main-level Windows, Vinyl Siding, and Gutters (2022) and Well Pump (2018). Outside is where this property truly shines. Car enthusiasts, hobbyists, small business owners, and anyone needing serious workspace will appreciate the massive approx 1,400sqft metal barn complete with electricity (220v for welding / high voltage equipment / EV charging), an impressive vehicle lift, workbench, a covered 12' x 50' parking area, and a covered front porch. Whether you're restoring cars, storing equipment, operating a home-based business, or simply need room for all your toys, this setup is hard to find. The spacious acreage offers room to roam, garden, entertain, or simply enjoy the peaceful surroundings. A playground is included, and the propane tank has recently been refilled and will convey with the property. Properties offering this much land, functionality, and future potential in such a convenient location don't come along often. Come experience the freedom, flexibility, and opportunity this unique Johnson County property has to offer. Welcome Home!!

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Single Family Active

Price

$ 369,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,994

Style

Ranch

Lot Size

3.35

Year Built

1965

Town/City

Morgantown

County/Region

JOHNSON

MLS | Web ID

22105835

Features
Interior
Interior Amenities Smart Thermostat
Basement Unfinished
Basement (Y/N) Y
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 3
Total Baths 1
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General
Heating Forced Air Propane
Cooling Central Air
Possession Specific
Appliances Electric Oven Refrigerator Water Softener Rented
Garage Spaces 2
Patio/Porch Features Porch
Architectural Style Ranch
Construction Materials Vinyl With Stone
Year Built 1965
View Rural Trees/Woods
Township Union
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Johnson
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Other Structures Outbuilding
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
City Morgantown
High School District Franklin Community School Corp
MLS Area 4106 - Johnson - Union
Lot Size Square Feet 145708
Property Attached Y/N N
Current Financing Conventional FHA USDA VA
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=gGBQXVPBhPi& https://my.matterport.com/show/?m=gGBQXVPBhPi&
Standard Status Active
Tax Lot N/A
Legal Description Pt E 1/2 Sw 1/4 S15 T12 R3 Mp Franklin Communi
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Exterior
Parking Features Attached
Lot Features Rural - Not Subdivision Mature Trees
Water Source Private
Foundation Details Block
Building Area Total 2368
Lot Size Acres 3.35
Other Equipment Fuel Tank(s)
Horse Amenities None
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* Excluded Features
List By
Carpenter, Realtors®

Broker

kvierling@callcarpenter.com

Email

Affordability Calculator

$2,502
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,336
Monthly Property Taxes
$166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4045176 Elementary School
4045172 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2026$369,900 -1.36% Price Down
6/5/2026$375,000 Listed Price

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4562 W Division Road, Morgantown, IN, 46160 is a Single Family Home for sale at $369,900 with 2,368 sqft and a lot size of 3.35. 4562 W Division Road has 3 bedrooms, 1.0 baths, and was built in 1965. The property's zip code is 46160 which is in Morgantown, IN