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$265,000 (Pending)

9587 N State Road 135 Morgantown, IN  46160

  • 3 Beds
  • 1 Baths
  • 1,640 sq. Ft

Property Description for 9587 N State Road 135 Morgantown, IN 46160

NOTHING DOWN! LOW TAXES - Nestled in the heart of Brown County, this enchanting historic log home invites you to step back in time while enjoying the tranquility of over 3 acres of natural beauty. Built in three stages-1847, 1849, and 1940-this home carries the legacy of the area's first blacksmith, embodying the rugged charm and craftsmanship of traditional log construction. The home offers 3 cozy bedrooms and 1 full bath, exuding warmth and character with its weathered logs and time-worn details. Each corner of this residence tells a story, from the original log walls to the lovingly preserved rustic features. The rich history of this home is palpable, offering a unique living experience that blends the nostalgia of yesteryear with the comforts of today. Beyond the main house, a spacious two-story barn stands as a testament to the property's heritage, spanning over 1,295 square feet. This barn provides endless possibilities, whether you envision it as a workshop, storage space, or perhaps a charming venue for gatherings. The surrounding acreage offers ample room for outdoor activities, gardening, or simply soaking in the serene landscape. Adding to its allure, the property has significant natural resources, with the current owner receiving a $40,000 offer for timber alone. Whether you're drawn to the idea of preserving this land's beauty or exploring its potential, this opportunity is rare. This property is more than just a home; it's a piece of Brown County history. Experience the nostalgia of simpler times, where the pace of life is a bit slower and the air just a little fresher. Embrace the opportunity to own a slice of history, where the past and present converge in one extraordinary setting. Excluded from the property is the electronic deadbolt. Included is the heavy-duty compressor, and freezer in barn, approximately 3-1/2 pallets (50 bags per pallet) wood pellets for pellet stove. Home has city water, but there is a well.

Address:9587 N State Road 135 Morgantown IN 46160
Status:Pending
on site: 36 days
Price:$265,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,640
Year Built:1940
Lot Size:3.02
County: Brown
Township: Jackson
MLS #:21996478
Property Type:Single Family Residence

Lot Dimensions:131551
Lot Features:Rural - Not Subdivision, Mature Trees, Wooded
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :995
Total Sq. Ft. :1,640
Basement:Yes

Loan Price
$1,534
Price And Interest $1,382/month
Property Tax $42/month
MTG INS $0/month
HOME INS $110/month
Price
$265,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$42/month
Home Owner Insurance
$1,320 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 13x11 Main
Kitchen 19x9 Main
Primary Bedroom 13x11 Main
Bedroom 2 13x8 Main
Bedroom 3 13x9 Main

Semi-Annual Property Tax:$252
Tax Year:2023
Other Disclosures:None, Sales Disclosure Supplements
Mandatory HOA Fee:$

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

Total Sq. Ft.:1,640
Interior Features:Attic Access, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Wood Work Stained
Interior Area(s):Laundry in Unit, Living Room Formal
Eating Area(s):Dining Combo/Kitchen
Appliances:Dryer, Electric Oven, Refrigerator, Free-Standing Freezer, Washer, Water Heater
Exterior Features:Out Building With Utilities
Exterior Type:Log
Fuel:Propane Owned, Wood
Fireplace(s):Free Standing
Cool:Central Electric
Heat:Forced Air
Water Heater:Dryer, Electric Oven, Refrigerator, Free-Standing Freezer, Washer, Water Heater
Total Rooms:5
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 Richard Greenfield with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/14/2024 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

73
Avg. DOM
$225.7
Avg. $ / Sq.Ft.
$ 512,500
Med. List Price

The house prices in Morgantown are not dropping at the moment. There has been a increase in price of $64,416.67. 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 $495,000.00 and the average price per square feet is $219.40 per square feet. At the moment, the amount of homes listed is exactly 75 houses, with 15 with active status, 6 with pending status and 54 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 $1,704.93. 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 87 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 1490 minutes ago.

At the moment we have 0 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 2744.93 sq.ft. , the biggest one being 8500 sq.ft. and the smaller being 1113 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.