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Sold
  • $1,270,000

    5324 E Mahalasville Rd, Morgantown, IN 46160

    4beds
    2,560sqft
    Residential, Single Family Residence
    Built in 2018
    66.9 Acres Lot
    $914,500 Zestimate®
    $496/sqft
    $2,702 Estimated rent

    Home value

    $914,500

    $869,000 - $960,000

    $2,702/mo

    Zestimate® history
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    $5,909/mo

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    What's special

    Welcome to this truly one-of-a-kind BARNDOMINIUM, privately situated on 66.90 WOODED and FARM ACRES surrounded by nature and wildlife. Built in 2018, this 4-bedroom, 2.5-bath home blends rustic character with modern comfort, offering an impressive open-concept main level with 9-foot ceilings and heated concrete floors. The kitchen features beautiful hickory cabinetry, a center island, and ample space for gathering and entertaining. Upstairs, you'll find all four bedrooms along with additional space and the laundry room. For those needing garage, workshop, or storage space, this property delivers with a spacious 56x40 BARN area incorporated into the home and a 4+-car garage (DOORS 16X8 and 12X12) ideal for the car enthusiast, mechanic, contractor, hobbyist, or anyone who simply wants room for their toys and equipment. The best feature is the 40x10 covered back porch, the perfect place to slow down, relax, and take in the peaceful surroundings. Adding even more versatility is a charming separate Grain Bin/Guest House complete with its own bedroom, bathroom, and kitchen-perfect for visiting family and friends, extended stays, or a private retreat for guests. Step outside and experience what truly sets this property apart: approximately 24 acres of privacy, woods, trails, wildlife, and a 1-acre spring-fed pond reaching approximately 13 feet deep-perfect for swimming, relaxing, fishing, and enjoying your own private outdoor escape. With no HOA, incredible privacy, multiple living spaces, and endless possibilities, properties like this simply don't come along often. Don't just imagine the lifestyle-come experience it for yourself. Schedule your private showing today and discover everything this extraordinary property has to offer! Seller is offering concessions towards a 2/1 buy down on rate to help make this property a reality for the next homeowner!

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalie Latkowski natalie.latkowski@markdietel.com,

    Mark Dietel Realty, LLC

    Bought with:

    Jenny Laughner

    CENTURY 21 Scheetz

    Source: MIBOR as distributed by MLS GRID,MLS#: 22120094MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 234 Square Feet
    • Dimensions: 18x13
    Bedroom 2
    • Level: Upper
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bedroom 3
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 4
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Family room
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 1240 Square Feet
    • Dimensions: 40x31
    Laundry
    • Level: Upper
    • Area: 270 Square Feet
    • Dimensions: 15x18
    Heating
    • Forced Air, Heat Pump, High Efficiency (90%+ AFUE )
    Cooling
    • Central Air, Ductless, Heat Pump, High Efficiency (SEER 16 +), Wall Unit(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Refrigerator, Tankless Water Heater, Water Purifier, Water Softener Owned
    • Laundry: Upper Level
    Features
    • Attic Access, Kitchen Island, Eat-in Kitchen, Wired for Data, Pantry, Smart Thermostat, Walk-In Closet(s)
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total structure area: 2,560
    • Total interior livable area: 2,560 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Gravel, Garage Door Opener, Gated, Storage
    • Garage spaces: 4
    • Details: Garage Parking Other(Finished Garage, Floor Drain, Garage Door Opener, Keyless Entry, Service Door)
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Has view: Yes
    • View description: Pond
    • Water view: Pond
    Lot
    • Size: 66.9 Acres
    • Features: Mature Trees
    Details
    • Additional structures: Barn Pole, Guest House
    • Additional parcels included: 551432200002.000012, 551432200004.000012, 551429400008.000012, 551429400007.000012
    • Parcel number: 551432200003000012
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Residential, Single Family Residence
    Materials
    • Stone, Other
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2018

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well, Private
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Morgantown

    Financial & listing details

    • Price per square foot: $496/sqft
    • Tax assessed value: $471,200
    • Annual tax amount: $2,494
    • Date on market: 8/17/2026
    • Cumulative days on market: 18 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/25/2026Sold$1,270,000+33.7%$496/sqft
    Source: MIBOR as distributed by MLS GRID #22120094 Report a problem
    9/3/2026Pending sale$950,000
    Source: IRMLS #202633539 Report a problem
    8/17/2026Price change$950,000-1%$371/sqft
    Source: MIBOR as distributed by MLS GRID #22120094 Report a problem
    8/17/2026Listed for sale$960,000+220%
    Source: IRMLS #202633539 Report a problem
    10/20/2017Sold$300,000$117/sqft
    Source: MIBOR as distributed by MLS GRID #21442842 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,483 +118.5%$471,200 -23%
    2024$2,510 -15.2%$611,800 +59%
    2023$2,960 +52.2%$384,900 -6.4%
    2022$1,945 +27%$411,300 +39.5%
    2021$1,531 +7.2%$294,900 +11.5%
    2020$1,428 +105.9%$264,600 +6.6%
    2019$694 +83.5%$248,200 +217.4%
    2018$378 +5.3%$78,200 +89.3%
    2017$359 -17.6%$41,300 +7.3%
    2016$436 +10.2%$38,500 -29.6%
    2014$396 +9.5%$54,700 +3.6%
    2013$361 -7.4%$52,800 +2.3%
    2012$390 -7.8%$51,600 -1.7%
    2011$423 -14.3%$52,500 -9%
    2010$494 -5.2%$57,700 +0.3%
    2009$521 -14.5%$57,500 +34%
    2006$609 $42,900 -2.5%
    2005-- $44,000
    Find assessor info on the county website

    Neighborhood: 46160

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Indian Creek Elementary School
    • Middle: Indian Creek Middle School
    • High: Indian Creek Sr 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.

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    Estimated market value
    $914,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $914,500