Active

Price cut: $6K (7/18)

$269,000

2127 S 475 W, Morgantown, IN 46160

2beds

1,636sqft

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Residential, Single Family Residence

Built in 1945

1.9 Acres Lot

$-- Zestimate^®

$164/sqft

$-- HOA

What's special

Pond areaSurrounded by natureSpacious two-car detached garageCharming ranch style homeNew roof

Escape to the peaceful countryside with this charming ranch style home situated on 1.89 private acres in Morgantown, Indiana. Surrounded by nature and offering plenty of room to enjoy the outdoors, this property features a spacious two-car detached garage, freshly poured sidewalks that add convenience and curb appeal and a pond area full of potential. Major exterior updates provide peace of mind, including a new roof, siding, and heat pump heating and cooling system - all completed within the last four years. Inside, you'll find a cozy farmhouse feel with plenty of character and an opportunity to add your own personal style and updates over time. The homes includes an unfinished basement. Whether you're looking for a private retreat, room to roam, or a property with solid improvements already in place, this Johnson County home offers a rare combination of acreage, privacy, and potential.

35 days

1,469

68

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 121 Square Feet
Dimensions: 11x11

Bedroom 2

Level: Main
Area: 110 Square Feet
Dimensions: 10x11

Kitchen

Level: Main
Area: 7304 Square Feet
Dimensions: 8x9 and 13x10

Living room

Level: Main
Area: 224 Square Feet
Dimensions: 16x14

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Dryer, Electric Water Heater, Microwave, Electric Oven, Refrigerator, Washer
Laundry: In Basement

Features

Attic Access
Basement: Unfinished
Attic: Access Only

Interior area

Total structure area: 1,636
Total interior livable area: 1,636 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Screened

Lot

Size: 1.9 Acres
Features: Rural - Not Subdivision

Details

Parcel number: 410934022011000034
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence

Materials

Vinyl Siding
Foundation: Block

Condition

New construction: No
Year built: 1945

Utilities & green energy

Water: Private

Community & HOA

Community

Subdivision: No Subdivision

HOA

Has HOA: No

Location

Region: Morgantown

Financial & listing details

Price per square foot: $164/sqft
Tax assessed value: $127,100
Annual tax amount: $854
Date on market: 6/15/2026
Cumulative days on market: 37 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/18/2026	Price change	$269,000-2.2%$164/sqft
Source: MIBOR as distributed by MLS GRID #22107887 Report a problem
7/2/2026	Price change	$275,000-1.8%$168/sqft
Source: MIBOR as distributed by MLS GRID #22107887 Report a problem
6/15/2026	Listed for sale	$280,000+566.7%$171/sqft
Source: MIBOR as distributed by MLS GRID #22107887 Report a problem
5/17/2013	Sold	$42,000$26/sqft
Source: Public Record Report a problem
2/28/2013	Sold	$42,000$26/sqft
Source: MIBOR as distributed by MLS GRID #21202323 Report a problem
12/6/2012	Pending sale	$42,000$26/sqft
Source: Keller Williams Indy South #21202323 Report a problem
10/26/2012	Listed for sale	$42,000-53.3%$26/sqft
Source: Keller Williams Indy South #21202323 Report a problem
9/26/2012	Sold	$90,000$55/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$513 -71.7%	$127,100 +40.1%
2024	$1,813 +19.6%	$90,700 -0.5%
2023	$1,516 -2.6%	$91,200 +28.6%
2022	$1,556 -0.5%	$70,900 -0.1%
2021	$1,564 +4.3%	$71,000 -0.1%
2020	$1,499 +42.4%	$71,100
2019	$1,053 +1.3%	$71,100 +35.2%
2018	$1,039 -1.9%	$52,600
2017	$1,059 +100%	$52,600
2016	$530 +5.4%	$52,600 +35.6%
2014	$502 -71.9%	$38,800 -58.5%
2013	$1,788 -4.2%	$93,500 +0.9%
2012	$1,868 +13.4%	$92,700 +8.7%
2011	$1,646	$85,300
2010	--	$85,300
2009	--	$85,300 +0.5%
2007	$638 +3.2%	$84,900 +0.7%
2006	$618	$84,300

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 46160

Getting around

0 / 100

Car-Dependent

12 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Union Elementary School
Grades: K-4Distance: 2.4 mi
7/10
Franklin Community Middle School
Grades: 7-8Distance: 7.5 mi
6/10
Franklin Community High School
Grades: 9-12Distance: 7.1 mi

Schools provided by the listing agent

Elementary: Union Elementary School
Middle: Franklin Community Middle School
High: Franklin Community High School

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.