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Off market
    • $491,700

    7055 W 500 S, Morgantown, IN 46160

    3beds
    2,800sqft
    SingleFamily
    Built in 1940
    5.46 Acres Lot
    $491,700 Zestimate®
    $176/sqft
    $2,465 Estimated rent

    Home value

    $491,700

    $443,000 - $556,000

    $2,465/mo

    Zestimate® history
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    $2,465/mo

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    $2,465/mo

    Rent Zestimate®

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    $3,038/mo

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    $3,038/mo

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    What's special

    Beautifully updated, move-in ready 2,800 sqft. home nestled on nearly 5.5 acres AVAILABLE NOW in peaceful Morgantown! Imagine coming home to this wonderful estate, boasting an impressive great room w/soaring vaulted ceilings & cozy stone fireplace w/built-in shelving, huge kitchen w/custom cabinets, granite counters, separate breakfast room, & lots of large windows, filling the space w/natural light. The master ensuite is located on the main level & includes a walk-in closet w/built-in closet system & gorgeous master bath w/whirpool tub & double sinks. You won't find a more beautiful property available right now! Includes large barn, gorgeous pond, huge yard & lots of wooded acreage - your own little slice of of heaven! MUST SEE TODAY!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Propane / Butane
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: masonry
    Interior area
    • Total interior livable area: 2,800 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 5.46 Acres
    Details
    • Parcel number: 411018011001000015

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: TraditonalAmerican, National/Farmhouse
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Other
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Morgantown

    Financial & listing details

    • Price per square foot: $176/sqft
    • Tax assessed value: $352,300
    • Annual tax amount: $2,524

    Price history

    DateEventPrice
    7/23/2020Sold$335,000+3.1%$120/sqft
    Source: MIBOR as distributed by MLS GRID #21718830 Report a problem
    6/15/2020Pending sale$325,000$116/sqft
    Source: Keller Williams Indy Metro S #21718830 Report a problem
    6/13/2020Listed for sale$325,000+157.4%$116/sqft
    Source: Keller Williams Indy Metro S #21718830 Report a problem
    11/13/2014Sold$126,250+25%$45/sqft
    Source: Public Record Report a problem
    12/27/2013Sold$101,000-8.1%$36/sqft
    Source: MIBOR as distributed by MLS GRID #21262876 Report a problem
    12/12/2013Pending sale$109,900$39/sqft
    Source: Jarvis Realty Group, LLC #21262876 Report a problem
    11/27/2013Price change$109,900-8.3%$39/sqft
    Source: Jarvis Realty Group, LLC #21262876 Report a problem
    11/12/2013Listed for sale$119,900$43/sqft
    Source: Jarvis Realty Group, LLC #21262876 Report a problem
    11/8/2013Pending sale$119,900$43/sqft
    Source: Jarvis Realty Group, LLC #21262876 Report a problem
    10/31/2013Listed for sale$119,900-34.3%$43/sqft
    Source: Jarvis Realty Group, LLC #21262876 Report a problem
    11/8/2005Sold$182,500$65/sqft
    Source: MIBOR as distributed by MLS GRID #2553935 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,524 +5.5%$352,300 +20.7%
    2024$2,394 +2.6%$291,900 +4%
    2023$2,333 +16.8%$280,600 +8.5%
    2022$1,998 +48.6%$258,500 +11.8%
    2021$1,344 +5.6%$231,200 +34.3%
    2020$1,274 +3.2%$172,100 +3.6%
    2019$1,234 +2.8%$166,100 +1.9%
    2018$1,200 +1.5%$163,000 +5%
    2017$1,182 $155,300 +1.9%
    2016$1,182 +6.9%$152,400 -0.3%
    2014$1,106 -37.4%$152,800
    2013$1,766 -8.7%$152,800 +1.9%
    2012$1,934 +60%$149,900 -13.5%
    2011$1,208 -5.1%$173,300
    2010$1,273 -4%$173,300 +1.1%
    2009$1,326 -11%$171,400 -1.2%
    2007$1,490 -12.3%$173,500 +0.2%
    2006$1,700 $173,200 +28.4%
    2005-- $134,900
    Find assessor info on the county website

    Neighborhood: 46160

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Nineveh-Hensley-Jackson

    Source: The MLS. 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
    $491,700
    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
    $491,700

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