This 23-acre property is located at the end of a dead-end lane, which offers all the privacy you could ask for. The land has many mature trees and an open field area. Currently, there is a mobile home on the property, along with two other structures. You can bring your builder and build a new home, or repair the existing structures to create your own Brown County paradise!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,440
Per Month
Principal & Interest
$1,373
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$891
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Helmsburg Elementary School
5378 Helmsburg School Rd
Distance between this listing and this school4.37 miles
Public District Grades PK-4
5
/10
Sprunica Elementary School
3611 Sprunica Rd
Distance between this listing and this school4.66 miles
Public District Grades PK-4
6
/10
Indian Creek Intermediate School
1000 S Indian Creek Dr
Distance between this listing and this school7.19 miles
Public District Grades 3-5
Nearby Schools
6
/10
Indian Creek Middle School
801 W Indian Creek Dr
Distance between this listing and this school7.26 miles
Public District Grades 6-8
5
/10
Brown County Junior High School
95 School House Ln
Distance between this listing and this school8.58 miles
Public District Grades 7-8
6
/10
Bell Intermediate Academy
1459 E Columbus St
Distance between this listing and this school10.91 miles
Public District Grades 5-6
Nearby Schools
1
/10
Indiana Agriculture and Technology
1982 S Morgantown Rd
Distance between this listing and this school5.23 miles
Public Charter Grades 7-12
6
/10
Indian Creek Sr High School
803 W Indian Creek Dr
Distance between this listing and this school7.31 miles
Public District Grades 9-12
3
/10
Brown County High School
235 School House Ln
Distance between this listing and this school8.50 miles
The neighbors living near this home have an average income of $56,144. The majority of Morgantown, IN residents have income between $35k-100k annually. Most families are married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 493 Hornettown Ln
What is the listing price of this property?
The listing price of 493 Hornettown Ln property is $275,000.
What type of property is this?
The property 493 Hornettown Ln is land located in Morgantown, Indiana, 46160.
Is this property for sale now?
Active Listing: 493 Hornettown Ln is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $816 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 493 Hornettown Ln in Morgantown, IN and zip code 46160. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $275,000.
Morgantown, IN housing market in October 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. The number of listings in Morgantown, IN increased by 36.8% between September 2024 and October 2024. Listings spent 25 days on the market in October 2024, and had a median list price of $328,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Hunting
Hunting
NASCAR
Pro Wrestling
Wal-Mart
Dillards
Dick's Sporting Goods
Hardee's
Cracker Barrel
Texas Roadhouse
Ram
Cadillac
Subaru
Classic Country
News/Talk/Information
New Country