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$695,000 $20,000on 9/18/2024

5722 Slippery Elm Shoot Road Morgantown, IN  46160

  • 3 Beds
  • 3 Baths
  • 2,540 sq. Ft

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Property Description for 5722 Slippery Elm Shoot Road Morgantown, IN 46160

Discover serenity, seclusion and experience tranquility in your own private forest, perfect for nature enthusiasts on this almost 23-acre property, located just 5 minutes from Lake Lemon in beautiful Brown County. This custom-built home, constructed by the current owner in 1997, and preserved as such, exudes charm and craftsmanship, with stunning woodwork throughout. Stay cozy with a dual heating system or relax by the wood-burning fireplace on cool evenings. A 4-foot crawlspace with both interior and exterior perimeter drain was added with meticulous detail. Delight in the expansive front porch and back deck, ideal for soaking in the natural surroundings. This property offers the perfect blend of seclusion and convenience. Embrace the opportunity to own a piece of Brown County's natural beauty.

Address:5722 Slippery Elm Shoot Road Morgantown IN 46160
Status:Active
on site: 182 days
Price:$695,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,540
Year Built:1997
Lot Size:22.93
County: Brown
Township: Jackson
MLS #:21980255
Property Type:Single Family Residence

Lot Dimensions:998830
Lot Features:Rural - Not Subdivision, Mature Trees, Wooded
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,940
Upper Level Sq. Ft. :600
Total Sq. Ft. :2,540

Loan Price
$3,983
Price And Interest $3,625/month
Property Tax $68/month
MTG INS $0/month
HOME INS $290/month
Price
$695,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$68/month
Home Owner Insurance
$3,480 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/18/24 $715,000 $695,000 -2.8%

RoomSizeLevel
Primary Bedroom 17X20 Main
Bedroom 2 18x17 Upper
Bedroom 3 16x14 Upper
Living Room 24x15 Main
Dining Room 16x12 Main
Kitchen 16x15 Main
Laundry 13x7 Main
Office 15x13 Main

Semi-Annual Property Tax:$408
Tax Year:2022
Mandatory HOA Fee:$

Area: 701 - Brown - Jackson
Subdivision: No Subdivision
Zip Code:46160

Total Sq. Ft.:2,540
Interior Features:Attic Access, Center Island, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Walk-in Closet(s)
Eating Area(s):Formal Dining Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator, Washer, Water Softener Owned
Exterior Features:Storage Shed
Exterior Type:Vinyl Siding
Fuel:Propane Leased
Fireplace(s):Family Room
Cool:Central Electric
Heat:Dual, Hot Water, Propane, Wood Stove
Water Heater:Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator, Washer, Water Softener Owned
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Sarah Noel with The Stewart Home Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/16/2024 12:00 AM. 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.





Morgantown Market Report

103
Avg. DOM
$210.15
Avg. $ / Sq.Ft.
$ 382,000
Med. List Price

The house prices in Morgantown are indeed dropping at the moment. There has been a decrease in price of $63,588.89. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Morgantown are going Down. The average house price is $389,000.00 and the average price per square feet is $178.24 per square feet. At the moment, the amount of homes listed is exactly 73 houses, with 15 with active status, 6 with pending status and 52 sold in Morgantown .

The most popular place to buy a home in Morgantown is 701 - Brown - Jackson. 701 - Brown - Jackson is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Morgantown .

The average amount of property taxes you would have to pay for a home in Morgantown is $1,681.20. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Morgantown are staying listed for an average of 93 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Morgantown was 30110 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Morgantown is $2,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Morgantown is $125,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Morgantown in year 1890 and the newest built house is in year 2024.

The average size of properties in Morgantown is 2692.33 sq.ft. , the biggest one being 8500 sq.ft. and the smaller being 1004 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.