Brown County Dream Home! Stunning 3-Bed, 3-Bath Ranch on 44 Private Acres with a 5-Acre Spring-Fed Lake! Experience the perfect blend of comfort, privacy, and natural beauty with this one-of-a-kind, single-owner home. Nestled on 40 wooded acres, this meticulously maintained ranch boasts breathtaking views, modern upgrades, and endless opportunities for relaxation and recreation. Key Features You'll Love: Private 5-Acre Spring-Fed Lake - Enjoy fishing, kayaking, or simply soaking in the serene views from your huge deck overlooking the water. Spacious & Updated - A bright, open floor plan with 3 bedrooms, 3 full baths, and a large gathering area, perfect for entertaining. Walkout Basement with Pool Table - A fantastic space for guests, hobbies, or game nights! Massive 1,200 Sq. Ft. Pole Barn - Ideal for storing all your tools, equipment, and outdoor toys. Energy-Efficient & Cost-Saving - Featuring an outdoor wood-burning furnace to heat your home and water in the winter, slashing your electric bills! Also, a unique well system that draws water directly from the lake. Recent Upgrades for Peace of Mind: New Roof (2020) New Heat Pump (2022) New Water Filter System (2024) New Sewage Pump (2023) New Well System (2018). This is more than just a home-it's a private retreat where you can escape the hustle and bustle, explore the great outdoors, and create memories that last a lifetime. Don't miss this rare opportunity! Schedule your private showing today before it's gone!
Sold
$765,000
8490 Spearsville Rd, Morgantown, IN 46160
3beds
2,658sqft
Residential, Single Family Residence
Built in 1995
44.2 Acres Lot
$798,500 Zestimate®
$288/sqft
$2,882 Estimated rent
Home value
$798,500
Estimated sales range
Not available
$2,882/mo
Zestimate® history
Owner options
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$2,882/mo
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$2,882/mo
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$4,427/mo
Est. payment
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$4,427/mo
Est. payment
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List your homeWhat's special
Pool tableWalkout basementLarge gathering areaBright open floor plan
Zillow last checked:
Listing updated:
Listed by:
Todd Campbell 317-989-3272,
United Real Estate Indpls
Bought with:
Jobea Trefny
Carpenter, REALTORS®
Source: MIBOR as distributed by MLS GRID,MLS#: 22027203
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Features: Laminate
- Level: Basement
- Area: 228 Square Feet
- Dimensions: 19x12
Dining room
- Features: Laminate
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Family room
- Features: Carpet
- Level: Basement
- Area: 702 Square Feet
- Dimensions: 27x26
Kitchen
- Features: Laminate
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Laundry
- Features: Carpet
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Living room
- Features: Laminate
- Level: Main
- Area: 320 Square Feet
- Dimensions: 20x16
Heating
- Electric, Forced Air, Wood Stove, Other
Appliances
- Included: Disposal, MicroHood, Electric Oven, Refrigerator, Water Heater, Water Purifier, Water Softener Owned
- Laundry: Laundry Room, Main Level
Features
- Attic Access, Double Vanity, Kitchen Island, Central Vacuum, High Speed Internet, Pantry, Walk-In Closet(s)
- Windows: Screens, Windows Vinyl, WoodWorkStain/Painted
- Basement: Daylight,Finished
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,658
- Total interior livable area: 2,658 sqft
- Finished area below ground: 1,202
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Dock, Lake Front
Lot
- Size: 44.2 Acres
- Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
Details
- Additional structures: Barn Pole
- Parcel number: 070208200109000006
- Special conditions: Flood Plain Partial
- Other equipment: Satellite Dish
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Brick/Mortar, Full
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Private Well
- 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: $288/sqft
- Tax assessed value: $361,200
- Annual tax amount: $886
- Date on market: 3/16/2025
- Cumulative days on market: 18 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2025 | Sold | $765,000-1.3%$288/sqft |
Source:  MIBOR as distributed by MLS GRID #22027203 Report a problem | ||
| 4/4/2025 | Pending sale | $775,000$292/sqft |
Source: MIBOR as distributed by MLS GRID #22027203 Report a problem | ||
| 3/16/2025 | Listed for sale | $775,000$292/sqft |
Source: MIBOR as distributed by MLS GRID #22027203 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,133 +12.8% | $361,200 -0.5% |
| 2024 | $1,004 +13.4% | $363,000 +11.1% |
| 2023 | $885 +16.9% | $326,800 +12.3% |
| 2022 | $757 +25.4% | $290,900 +16.2% |
| 2021 | $604 +15.8% | $250,400 +9.5% |
| 2020 | $521 -79.4% | $228,600 +9.6% |
| 2019 | $2,528 +0.4% | $208,500 -40.3% |
| 2018 | $2,517 -1.4% | $349,300 +0.7% |
| 2017 | $2,552 +21.5% | $347,000 +1.3% |
| 2016 | $2,101 -0.6% | $342,700 -0.4% |
| 2014 | $2,113 -3.4% | $344,100 +1.1% |
| 2013 | $2,188 +31.3% | $340,400 +0.8% |
| 2012 | $1,666 -17.3% | $337,800 +3.1% |
| 2011 | $2,014 -6.5% | $327,800 -2.8% |
| 2010 | $2,153 +33.4% | $337,200 |
| 2009 | $1,614 | $337,200 |
Find assessor info on the county website
Neighborhood: 46160
Nearby homes
- $281,5002 bd1 ba768 sqft8486 Spearsville Rd, Morgantown, IN 46160Off Market
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Nearby schools
GreatSchools rating
- 6/10Sprunica Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 5/10Brown County Junior HighGrades: 6-8Distance: 8 mi
- 5/10Brown County High SchoolGrades: 9-12Distance: 8 mi
Schools provided by the listing agent
- Middle: Brown County Junior High
- High: Brown County 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
$798,500
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
$798,500
- Indiana
- Brown County
- Morgantown
- 46160
- 8490 Spearsville Rd
