$775,000

Single Family Residence In Morgantown

  • 3 Beds
  • 2 Baths
  • 1,694 Sqft
  • 17.7 Ac lot
  • Updated: Yesterday
  • Source:
    MIBOR Broker Listing Cooperative  MLS#22120459

About the Property

This one belonged to my parents, so it is now broker owned and special to me. There are so many possibilities here, but each come with some work. The home has beautiful thick hardwood floors throughout the main level. My parents were quite proud of this update. However, not much updated other than that after the passing of my mom 10 years ago. The value here is in the land and location. There is 1
This one belonged to my parents, so it is now broker owned and special to me. There are so many possibilities here, but each come with some work. The home has beautiful thick hardwood floors throughout the main level. My parents were quite proud of this update. However, not much updated other than that after the passing of my mom 10 years ago. The value here is in the land and location. There is 17.7 acres in total, of which almost 16 acres is currently farmed and tillable. The road frontage here is what is key for potential growth or investment. There is road frontage on 2 sides, north side is 639 feet along county road 600 S. The south side road frontage is 756.7 along SR 135. The road frontage along SR 135 adds so much potential here and appeal. With county approval down the road visibility and access would make an exceptional business possibility, be it a home farm business or whatever. The acreage is flat and open, so it can easily be turned into a pasture for a great livestock or horse farm. With ease of access along SR 135 you have many opportunities. If you are looking to split into building lots, again with county approval down the road you have the road frontage to do so. Seller has stakes along 600 S to approximate the corners and mark each 200 feet of width. The stakes are only estimates based upon the survey completed when my parents purchased the property in 1984. There are also stakes to approximately mark a 2 acre tract for the house and barn area if buyer wanted to survey this 2 acres off to sell the home and barn separate from the remaining 15.7 acres. Buyer will pay for any survey required to split the current parcel. Prices may be negotiated for the 2 acres with the house and barn or the remaining 15.7 acres separately, and if good enough seller will consider this possibility. Any and all questions should be directed to the list agent/owner.
  • Property type

    House

  • Year built

    1930

  • Price/sqft

    $457

Features

  • Walk In Closet

Explore the Area

7395 W 600 S, Morgantown, Indiana, United States View on Google Maps
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Chief Realty - Morgantown

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Chief Realty - Morgantown
Indiana, United States
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1
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2026
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Chief Realty - Morgantown
Morgantown, Indiana, United States
View agency profile
Last updated
Yesterday
First listed
Aug 15
Listing reference
22120459
Listing status
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