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$548,000   Price Analysis
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7864 W 50 S
Morgantown, IN 46160
4 bed 3 bath 3,988 SqFt ($137/SqFt)
10.0 acre lot. Built 1987
Listed 2023-10-06, Taxes $5,826
USDA Eligible
near Morgantown, IN
 Restrictions may apply
due to home size

Escape to this idyllic country farmstead on 10 acres of serene beauty.

A charming 4-bed, 2.5-bath ranch welcomes you with a picturesque covered porch, perfect for relaxing in the tranquility of the countryside. Inside, spaciousness bounds with a full basement offering li mitless possibilities. Large updated kitchen and family room.

Screened in porch for nature watching. For those who cherish rural life, a fenced-in pasture and substantial livestock barn await, making this property ideal for agricultural pursuits. Need space for your hobbies or extra storage? The oversized detached garage has you covered. Nestled within the Franklin Community Schools district, this retreat offers both seclusion and convenience.


Presented by Shannon Hicks Real Estate Group at
Keller Williams Indy Metro S.
Listing Agent Photo

Property MLS #21945889 from MIBOR

Bedrooms: 4
Bedrooms On Main Level: 4
Primary Bedroom Dimensions: 14 x 23
Bedroom 2 Dimensions: 12 x 12
Bedroom 3 Dimensions: 12 x 12
Bedroom 4 Dimensions: 15 x 20
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main

Total Rooms: 11
Basement Features: Finished Walls
Family Room Dimensions: 16 x 14
Family Room Level: Main

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1
Full Bathrooms On Main Level: 2
Half Bathrooms On Main Level: 1

Attic Access
Built In Book Shelves
Hardwood Floors
Walk-in Closet(s)

Propane Water Heater
Laundry Features: Main Level

Cooling Features: Central Electric
Fireplace Features: Family Room
Heating Features: Forced Air, Propane
Heating Fuel: Propane Leased
Number of Fireplaces: 1

Dining Area Description: Formal Dining Room
Dining Room Dimensions: 15 x 12
Dining Room Level: Main
Kitchen Dimensions: 34 x 34
Kitchen Features: Kitchen Country, Kitchen Updated
Kitchen Level: Main

Out Building With Utilities
Fencing: Fence Complete, Gate
Patio And Porch Features: Covered Porch

Lot Description: Rural - Not Subdivision, Mature Trees, Wooded
Lot Size Acres: 10.0
Lot Size Square Feet: 435600

Garage Spaces: 2
Parking Features: Attached, Storage

View: Pasture, Rural

Elementary School: Union Elementary School
High School: Franklin Community High School
High School District: Franklin Community School Corp
Middle School: Franklin Community Middle School

Union Elementary School is a public elementary school located approximately 3.9 miles away.
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Franklin Community High School is a public high school located approximately 9.2 miles away.
directions icon Map directions

Franklin Community Middle School is a public middle school located approximately 10 miles away.
directions icon Map directions

Fellowship Baptist Academy is a private elementary, middle and high school located approximately 4.7 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Johnson
Directions: Use GPS
Tax Year: 2023
Source Property Type: Residential
Area: 4106 - Johnson - Union
Source Neighborhood: 4106 - Johnson - Union
Parcel Number: 410919032015001036
Township: Union
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$238,300 + $162,500
$400,800
$5,826
2020$192,600 + $162,500
$355,100
$5,738
2019$182,700 + $162,500
$345,200
$4,466
2018$146,300 + $125,500
$271,800
$4,117
2017$143,100 + $125,500
$268,600
$3,949
2016$138,000 + $125,500
$263,500
$3,933
2015$124,200 + $125,500
$249,700
$3,962
2015$128,500 + $125,500
$254,000
$3,962
2014$118,700 + $125,500
$244,200
$3,815
2013$128,400 + $125,500
$253,900
$5,354
2012$134,000 + $125,500
$259,500
$4,290
2011$139,500 + $99,600
$239,100
$3,526
2009$139,500 + $99,600
$239,100
$3,440
2009$139,500 + $99,600
$239,100
$3,440
2008$137,000 + $101,100
$238,100
$3,757

Price Changed 2024-05-25
$548,000
MIBOR
Price Changed 2024-03-19
$574,000
MIBOR
Price Changed 2023-10-25
$599,000
MIBOR
Listed 2023-10-06
$650,000
MIBOR
Sold 2014-07-21
$152,500
Public Record
Listing removed 2014-04-17
$157,500
MIBOR
Price Changed 2014-03-11
$157,500
MIBOR
Relisted 2014-02-27
$166,500
MIBOR
Listing removed 2013-11-19
$166,500
MIBOR
Listed 2013-10-28
$166,500
MIBOR
Sold 2006-05-30
$99,000
Public Record

Total Square Feet Living: 3988
Year Built: 1987
BelowGradeFinishedArea: 1284
Construction Materials: Vinyl Siding
Foundation Details: Concrete Perimeter
Levels: Two
Property Age: 37
Total Area Main: 2704
Architectural Style: Ranch

Electric: 200+ Amp Service
Electricity Connected
Septic System
Well
Water Source: Private Well
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garage

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.