7351 Homestead Road
Morgantown, IN 46160
4
Bed
3
Bath
1,684Sqft
5.65Acres(Lot)
Nestled at the end of a quiet road, this private and truly unique property offers exceptional versatility and income potential. The 5.65 acre setting features two homes with recent updates, creating an ideal opportunity for a family compound, multi-generational living, or built in rental income. Each home enjoys its own sense of privacy, each with its own detached barn/outbuilding offering ample workspace and parking. The main residence includes four bedrooms, two en suites, and bathrooms with updates. The rental home was remodeled down to the studs in 2023 and features all new systems and finishes. With serene pond views and abundant space, this one-of-a-kind property is a must-see investment and lifestyle opportunity.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 7Interior Features
Attic Access Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator -
Flooring Information
Construction Materials: Vinyl Siding -
Heating & Cooling
Heating: Forced Air, Propane Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 1987
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Lot Information
Lot Description: Suburb Lot Square Feet: 246114 Lot Acres: 5.65Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Ranch
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Listing Price Information
Original List Price:$649000
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Tax Information
Tax Lot: 070218400133000002 Tax Legal Description: N 1/2 Nw Ne Se 18-10-03 5.65 Ac2/10/2020 Easement From 005-18090-00 Tax Year: 2024 Parcel Number: 070218400133000002 Tax Exemption: Homestead Tax Exemption
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Parking Information
AttachedGarage Information
Has Garage: Yes Garage Space: 4 Garage SQFT: 600
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School Information
Junior High School: Brown County Junior High Senior High School: Brown County High School -
Utility Information
Water Source: Public -
Location Information
Subdivision: No Subdivision City: Morgantown Direction: GPS Friendly
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4562 W Division Road, Morgantown, IN, 46160 | $369,900 | 3 | 1 | 2,368 | 2,368 SqFt |
| 2127 S 475 W, Morgantown, IN, 46160 | $280,000 | 2 | 1 | 1,636 | 1,636 SqFt |
| 5053 Bittersweet Road, Morgantown, IN, 46160 | $475,000 | 1 | 1 | 1,190 | 1,190 SqFt |
| 3414 S 625, Morgantown, IN, 46160 | $975,000 | 3 | 3 | 3,278 | 3,278 SqFt |
| 5980 Pine Tree Lane, Morgantown, IN, 46160 | $1,490,000 | 3 | 4 | 3,600 | 3,600 SqFt |
| 7813 W 50, Morgantown, IN, 46160 | $2,450,000 | 4 | 3 | 4,240 | 4,240 SqFt |
| 279 Arnold Street, Morgantown, IN, 46160 | $227,500 | 3 | 2 | 1,350 | 1,350 SqFt |
| 6410 N State Road 135, Morgantown, IN, 46160 | $489,900 | 2 | 2 | 1,334 | 1,334 SqFt |
| 181 W Robertson Road, Morgantown, IN, 46160 | $280,000 | 3 | 2 | 1,052 | 1,052 SqFt |
| 9278 E Cooper Road, Morgantown, IN, 46160 | $535,000 | 2 | 2 | 2,592 | 2,592 SqFt |
Similar Homes To 7351 Homestead Road
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ByOwner last updated this listing 06/22/2026 @ 18:20
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