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(SOLD) $494,000

8546 E Oakwood Lane Morgantown, IN  46160

  • 3 Beds
  • 3 Baths
  • 4,444 sq. Ft

Property Description for 8546 E Oakwood Lane Morgantown, IN 46160

If you're looking for a quality built home situated on a picturesque lot surrounded by nature, be prepared to fall in love! This three bedroom, two and a half bath home with tons of charm and character features Brown County sandstone, a stocked one acre pond with floating dock visible from the kitchen, multiple decks and a screened porch with breathtaking wooded views in every direction, an oversized two car garage, and a detached workshop/art studio with concrete slab floor, skylights, heat, shelving galore, and a small deck off the back. This 3.14 acre property is tucked away on a dead end street, surrounded by woods; the home was designed by the late Gerald Boyce, a well known local artist and professor of art history. Mr. Boyce brought his creativity and love of nature into every space, both inside and out. All three bedrooms are located on the main level as well as the laundry room and two full baths. Upstairs was once the art studio and so much potential awaits the new buyer for this space. The lower level is partially finished with a family room, recreation room, workout/craft room, and half bath (which is plumbed for a shower). There's also TONS of space for storage, canning, etc. as the unfinished portion of the lower level has a sink and the space to let your imagination run wild. At the entrance to the property there's a fenced organic garden belonging to the original owner's family and they would love to share their garden with the new buyer. Bird enthusiasts will enjoy the over 115 species that have been counted and enjoyed by the late Mrs. Boyce. For those who love to fish, the pond is stocked with sunfish, bluegill, and large mouth bass. All of this PLUS HIGH SPEED FIBER OPTIC INTERNET OFFERED BY SCI REMC. Points of Interest: The property has been subdivided within the past year and all property corners are staked. The first few feet of the entrance to the property is part of a wildlife nature preserve and is owned by the original owner's family who reside on the same road. The sellers are leaving the firewood that is nicely split and stacked between the workshop and the house. They also plan to convey the washer and dryer with the sale at no additional cost. All shelving and window treatments also stay.

Address:8546 E Oakwood Lane Morgantown IN 46160
Status:Sold
Sold On: 8/14/2024
Price:$504,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:4,444
Year Built:1977
Lot Size:3.14
County: Morgan County
Township: Jackson
MLS #:202417224
Property Type:Site-Built Home

Lot Dimensions:irregular
Lot Description:Heavily Wooded,Level,Rolling,3-5.9999
Directions:GPS directions are accurate
Total Sq. Ft. :4,444
Garage:Attached
Basement:Yes

Loan Price
$3,085
Price And Interest $2,577/month
Property Tax $302/month
MTG INS $0/month
HOME INS $206/month
Price
$494,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$302/month
Home Owner Insurance
$2,472 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 21 x 20 Main
2nd Bedroom 20 x 14 Main
3rd Bedroom 21 x 14 Main
Kitchen 22 x 9 Main
Family Room 28 x 16 Lower
Dining Room 15 x 11 Main
Living Room 18 x 15 Main

Semi-Annual Property Tax:$1,810
Tax Year:2023 Pay 2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46160

High School:Indian Creek
Middle School:Indian Creek
Elementary School:Indian Creek

Total Sq. Ft.:4,444
Appliances:Dishwasher, Refrigerator, Window Treatments, Cooktop-Electric, Oven-Electric
Exterior Features:Stone, Wood
Fuel:Electric, Wood, Heat Pump
Fireplace(s):Family Rm, Living/Great Rm, Fireplace Insert, Wood Burning Stove
Cool:Central Air
Heat:Electric, Wood, Heat Pump
Total Rooms:11
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Melissa Murphy with Century 21 Scheetz - Bloomington

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Morgantown Market Report

138
Avg. DOM
$220.96
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Morgantown are not dropping at the moment. There has been a increase in price of $48,470.40. 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 Up. The average house price is $382,000.00 and the average price per square feet is $202.68 per square feet. At the moment, the amount of homes listed is exactly 57 houses, with 16 with active status, 4 with pending status and 37 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 $2,398.53. 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 80 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 2326 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Morgantown is $3,200,000.00. 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 2019.

The average size of properties in Morgantown is 2539.94 sq.ft. , the biggest one being 4493 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.