3 months on rocket

7864 W 50 S, Morgantown, IN, 46160

$543,000

Home List Price

$6,448*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,988 SqFt
$136/SqFt
House

Location

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7864 W 50 S, Morgantown$543,000

Buyer Closing Credits

$6,448*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1987
HeatingForced Air, Propane
CoolingCentral Air
BasementYes
FireplaceFamily Room, Free Standing
MLS #21996346
Lot Size10.00 Acres
StatusActive

About 7864 W 50 S

Escape to this serene 10-acre country retreat, where tranquility and natural beauty come together. This charming 4-bedroom, 2.5-bathroom ranch home offers a peaceful escape, beginning with a welcoming covered porch-perfect for enjoying your morning coffee or unwinding in the evening. Step inside to find generous living spaces, including a full basement with endless possibilities. The spacious, updated kitchen and inviting family room create an ideal setting for family gatherings and entertaining guests. A cozy screened-in porch allows you to appreciate the natural beauty and abundant wildlife that grace the property. Large 10x10 laundry room on the main level for added convenience. For those passionate about rural living, this country estate features multiple fenced pastures and a large livestock barn, providing excellent opportunities for agricultural pursuits. An oversized detached garage, equipped with electricity, offers ample space for a workshop or additional storage. Located within the Franklin Community Schools district, this property offers the perfect blend of seclusion and accessibility to local amenities. Don't miss the chance to experience this extraordinary property-schedule your visit today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1987
  • Living Area: 3,988 SqFt

Listing Office:

  • Office Name: Steve Lew Real Estate Group, LLC
  • Office Email: steve@listwithlew.com
  • Listing Agent: Steve Lew

Interior Features

Interior Information:

  • Appliances: Microwave Hood, Electric Oven, Refrigerator
  • Basement: Yes
  • Interior: Attic Access, Built In Book Shelves, Hardwood Floors, Walk-in Closet(s), Windows Vinyl, Wood Work Stained
  • Fireplace: Family Room, Free Standing

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Barn Pole, Out Building With Utilities

Lot Features

Lot Information:

  • Lot Size: 10.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Propane
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $543,000
  • Price Per SqFt: $136/SqFt

Tax Information:

  • Annual Amount: $5,739
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Morgantown, IN.

Med. Sold Price

$328.5K

Med. Price/SqFt

$174

Avg. Days On Market

25

# of Sold Homes

6

7864 W 50 S vs Morgantown

94 DAYS ON ROCKET

+69 Days

$543,000

+$214.5K More

$136/SqFt

-$39 Less

KEY TAKEAWAY

This property is $214.5K more than the Median Sold Price and $39/SqFt less than other homes in Morgantown, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21996346

Listing Office:

  • Office Name: Steve Lew Real Estate Group, LLC
  • Office Email: steve@listwithlew.com
  • Listing Agent: Steve Lew

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:16:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,739$345,200
2019$4,118$271,800
2018$3,949$268,600
2017$3,963$263,500

History based on county public records data.

Payment Calculator

$2,778

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,694

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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.

Nearby Schools

school-card-donut-516732
7
/10
  • Green Township Elementary School

  • 6275 Maple Grove Rd

  • 3.38 miles

  • Public District Grades KG-4

school-card-donut-516733
6
/10
  • Union Elementary School

  • 3990 W Division Rd

  • 3.94 miles

  • Public District Grades KG-4

school-card-donut-516734
6
/10
  • Walnut Grove Elementary School

  • 4079 North Morgantown Rd

  • 5.48 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,652. The majority of Morgantown, IN residents have income between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7864 W 50 S

What is the listing price of this property?

The listing price of 7864 W 50 S property is $543,000.

What type of property is this?

The property 7864 W 50 S is a house located in Morgantown, Indiana, 46160.

Is this property for sale now?

Active Listing: 7864 W 50 S 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 $5,739 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7864 W 50 S has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7864 W 50 S is 3,988 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7864 W 50 S is 1987.

Rocket HomesIndianaMorgan CountyMorgantown461607864 W 50 S

This home is located at 7864 W 50 S in Morgantown, IN and zip code 46160. This 3,988 square foot home, which was built in 1987, sits on a 10.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $543,000.

While more than 1 listings in Morgantown, IN in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The number of listings in Morgantown, IN increased by 36.8% between September 2024 and October 2024. In October 2024 median list price was $328,500 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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