4562 W Division Road
Morgantown, IN, 46160 $ 369,900
Bedrooms3 Baths1.0 Sq 2,368 Monthly Estimate*
$ 2,336
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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FeaturesInteriorInterior 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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GeneralHeating 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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ExteriorParking 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 FeaturesList ByCarpenter, Realtors®Broker
kvierling@callcarpenter.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
4045176 Elementary School
4045172 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/12/2026 | $369,900 | -1.36% | Price Down |
| 6/5/2026 | $375,000 | | Listed Price |