2150 Echo Lake Lane
Morgantown, IN, 46160 $ 580,000
Bedrooms2 Baths1.1 Sq 1,560 Monthly Estimate*
$ 3,571
for $580,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,560 square foot home was built in 1979 on a lot size of 5.
Lost & Found Cabin offers a rare opportunity to own a true Brown County log home with a Tourist Rental Exception already in place. Although it has not been used as a short-term rental since 2019, the exception remains, and the current owners hold a valid permitallowing you to begin renting immediately. Set on 5 private wooded acres, this custom-built log cabin blends rustic charm with modern updates. Enjoy peaceful views from every window, relax on multiple decks, or unwind in the hot tub surrounded by nature. Inside, you'll find hardwood floors, exposed beam ceilings, poplar hardwood doors and trim, mortise locks and hardware, custom hardwood countertops, and two gas log fireplacesone in the living room and one in the primary bedroom. The finished basement expands the homes functionality and entertainment space, featuring a pool table along with additional sleeping options including a Murphy bed and sleeper sofaideal for guests or short-term rental flexibility. The home is being sold fully furnished, including all kitchen dishes, cookware, and essentials, making it truly turnkey. Recent updates include a beautifully renovated kitchen, new stainless steel appliances, new mini-split heating and cooling units throughout the home (including the garage), and updated basement flooring. Outdoor living is just as inviting, with both a gas fire pit and a wood-burning fire pit for year-round enjoyment. The 30' x 40' detached garage offers excellent versatility with new windows, an upper-level storage area, and a 30' x 15' finished room perfect for a workshop, studio, gym, or hobby space. A low-maintenance metal roof adds peace of mind, and additional inclusions such as a generator, extra freezer in the garage, and Traeger grill further enhance the value. If you've been dreaming of a private cabin in the woods with income potential, modern comforts, and authentic Brown County character, Lost & Found Cabin is a must-see.
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FeaturesGeneralSewer Septic
Heating Baseboard Other Heating System
Kitchen Level Main
Cooling Other
Laundry Y/N Basement
Fireplaces Yes
Garage Detached
Amenities Countertops-Solid Surf Deck Covered Deck Open Eat-In Kitchen Firepit Generator Ready Landscaped Natural Woodwork Patio Open Twin Sink Vanity Stand Up Shower Workshop Garage-Heated Other-See Remarks C
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1979
New Construction No
Subdivision None
Style Detached
Township Jackson
Class RESIDENTIAL
Type Site-Built Home
Age 47
REO No
Status Detail 0
Area Brown County
Location Rural
High School Brown County
City Morgantown
School District Brown County School Corp.
Architectural Style Log Cabin/Cottage
Total Sq Ft 1560
Elementary School Helmsburg/Brown
Middle School Brown County
Legal Description PT SW 35-10-02 5.00 AC 1/10/2020 SURVEY REC
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202613834
Agent First Name Penny
Agent Last Name Scroggins
DOM 1
Tax Year 2025
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InteriorBasement Full Basement Walk-Out Basement
Fireplace(s) 2
Flooring Hardwood Floors Vinyl
Beds 2
Total Rooms 6
Fireplace Living/Great Rm 1st Bdrm Gas Log
Family Room Width 17
Living Room Width 12
Family Room Length 22
Living Room Length 19
Full Baths Main 0
Full Baths Upper 1
Above Grade Bedrooms 2
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 1
Half Baths Upper 0
1st Bedroom Level Upper
1st Bedroom Width 12
2nd Bedroom Length 17
2nd Bedroom Level Upper
2nd Bedroom Width 9
Basement Material Block
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ExteriorExterior Stone Log
Driveway Gravel
Pool No
Garage Length 30
Garage Width 40
Lot Size Area 217800
Lot Dimensions irregular
Lot Description Irregular Partially Wooded Rolling 3-5.9999 Wooded
Garage Capacity 3
Waterfront Y/N No
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* Excluded FeaturesList ByPenny ScrogginsListing Agent
Bear Real Estate SalesBroker
penny@bearrealestatesales.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,571
- Monthly Property Taxes
- $99
- 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.
Learn more about how to save NearbySingle family listings in Morgantown, IN
Average List Price $511,120
Percent of Sale Price 12%
About Morgantown, IN 6,436 Population
6% Since 2002
$ 57,716 Median Income
45.16 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
2198416 Elementary School
1236996 Middle School
Brown County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/19/2026 | $499,000 | | Listed Price |