browse list of realtors working in Morgan County
Morgan county has 2 usdaproperties.com realtors ready to help with your search!
September 2024 Featured Agents | |
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Brendan Grosvenor | from Highgarden Real Estate |
Lindsey Smalling | from F.C. Tucker Company, Inc. |
There are 1,235 USDA backed residential loans in Morgan county with an average loan balance of $117,212. Over 77% of the loans helped first time home buyers. Borrowers were an average age of 39 years old. The typical appraised home value was around $117,792. On average the rural home size purchased with this loan was approximately 1,565 SqFt. Alternate income limits exist to determine loan eligibility in Morgan county. For a household of upto 4 people the income limit is $94,300. For a household of between 5 and 8 people the income limit increases to $124,500.
The size of Morgan County is roughly 1,061 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Morgan County is 1. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Morgan County, IN
* cities most likely to have USDA loan eligible properties for sale.
Allman • Banta • *Bethany • Bluffs • Briarwood • *Brooklyn • Brookmoor • Browns Crossing • Centerton • Champlin Meadows • Cope • Crestview Heights • Crown Center • Eminence • Exchange • Fewell Rhoades • Fields • Fox Hill • Gasburg • Hall • Hyndsdale • Lake Hart • Landersdale • Little Point • Mahalasville • *Martinsville • Maxwell • McDaniel • Miller • *Monrovia • *Mooresville • *Morgantown • *Painted Hills • *Paragon • Plano • Ridgewood • Shelburne • Sundown Manor • Wakeland • Waverly • Waverly Woods • Whitaker • Wilbur • Willowbrook Estates • Wiser • Wolff • Woodcrest • Young
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Morgan County.
Morgan County, situated in the great state of Indiana, was established by the Indiana State Legislature on February 15, 1822. The county was named in honor of General Daniel Morgan, a hero of the American Revolutionary War. Martinsville, the county seat, was founded by an early pioneer named Isaac B. Dunn, who purchased the site in 1820 and named the town after his late wife's maiden name, Martin.
Morgan County lies in the central region of Indiana and covers approximately 409 square miles. The county is divided into 14 townships and consists of both rural and suburban areas. The townships experienced significant growth in the mid-19th century as the railroad system expanded, bringing new industries, settlers, and trade connections to the region.
Agriculture and manufacturing have been historically significant economic sectors in Morgan County. The area's fertile land has supported corn, soybean, and wheat farming, while manufacturers in the region have produced a wide range of goods, including glassworks, bricks, and furniture. The mineral water industry also flourished in Martinsville between the late 1800s and early 1900s, as the city promoted its natural mineral springs as a health destination, earning it the nickname of the "City of Mineral Water."
One fun fact about Morgan County is that the Stierwalt Tunnel, also known as the Hindostan Tunnel, is located in Morgan County. Constructed between 1870 and 1871, this brick-lined train tunnel measures an impressive 710 feet in length and 22 feet in width, making it a hidden treasure for history buffs and train enthusiasts alike.