$530,000
SOLD MAY 19, 2023

5994 Pine Tree Ln Morgantown, IN 46160

3 Beds
3 Baths
2,772 Sq Ft
15.15 Acres

Recently Sold

$191 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Home fronts a creek
  • 15.15 Acre Lot
  • Deck
  • View of Trees or Woods
  • Mature Trees
  • Traditional Architecture

About This Home

As of May 2023

15 ACRES+ of SERENE WOODS on a dead end road in northern Brown Co. Nearly 3,000 sq ft custom-built home w/3 bed, 3 ba, 2-car gar all overlooking 3/4 acre stocked pond. 18x24 finished/heated WORKSHOP w/12x8 overhead door, attached to a 3-sided 47x24 POLE BARN w/10ft ceiling. Woods are peaceful, CREEK to play in, & wildlife galore! Home has open concept/cathedral ceilings. Huge Master Suite! Newer SS appliances (except DW)Covered patio makes the perfect spot for morning coffee looking over POND & watching WILDLIFE. Property is Classified Forest-lower taxes! 12 min to town of NASHVILLE shops, restaurants, MUSIC CENTER & BROWN CO STATE PARK. 20 min south of Trafalgar. 1 1/2 mi to SR135. ADD'L ACREAGE AVAILABE FOR PURCHASE. High Speed FIBER

Last Agent to Sell the Property

Dan & Debbie Abel

Keller Williams Indy Metro S License #RB19000558 Listed on: 04/13/2023

Keller Williams Indy Metro S

Last Buyer's Agent

Anita Adkins

Matlock Realty Group

Matlock Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,944

Year Built

  • Built in 1991

Lot Details

  • 15.15 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Rural Setting
  • Mature Trees
  • Wooded Lot

Parking

  • 4 Car Garage
  • Workshop in Garage

Property Views

  • Pond
  • Woods
  • Forest

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Cedar
  • Stone

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • 1 Fireplace
  • Formal Dining Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Pole Barn
  • Shed
  • Outbuilding

Schools

  • Sprunica Elementary School
  • Brown County Junior High
  • Brown County High School

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Electric Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 070219300110002002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,944

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1991
  • Building Area Total: 2772
  • Co List Office Phone: 317-882-5900
  • Garage Y N: Yes
  • Lot Size Acres: 15.15
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: theabels@kw.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Purifier
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Center Island, Central Vacuum, Hi-Speed Internet Availbl, Pantry, Walk-in Closet(s), Wood Work Stained
  • Living Area: 2772
  • Areas Interior: Laundry in Unit,Utility Room
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1468
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1304
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Cedar, Stone
  • Exterior Features: Barn Pole, Barn Storage, Dock, Out Building With Utilities
  • Foundation Details: Slab
  • List Price: 549999
  • Patio And Porch Features: Covered Patio, Deck UP
  • View: Forest, Pond, Trees/Woods
  • View Y N: Yes
  • Waterfront Features: Creek, Pond, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Workshop in Garage
  • Fuel: Propane Leased
  • Garage Sq Ft: 528

Utilities

  • Utilities: Electricity Connected, Septic System
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Propane
  • Laundry Features: Main Level
  • Water Source: Other
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Brown County Junior High

Lot Info

  • Lot Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 659934
  • Parcel Number: 070219300110002002
  • Acres: 10-20 Acres
  • Price Acre: 34983.498349835

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2944
  • Tax Lot: NA
  • Semi Annual Property Tax Amt: 1472

MLS Schools

  • Elementary School: Sprunica Elementary School
  • High School: Brown County High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 19, 2023
Sold by
Paradise Cathy R
Bought by
Kennedy Heather C and Kennedy Christopher D
Seller's Agent
Dan & Debbie Abel
Keller Williams Indy Metro S
Buyer's Agent
Anita Adkins
Matlock Realty Group
List Price
$549,999
Sold Price
$530,000
Premium/Discount to List
-$19,999
-3.64%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.63%
Original Mortgage
$477,000
Outstanding Balance
$464,152
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$21,684
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $477,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $600,000 -4.0% $216 / Sq Ft
09/04/2025 09/04/25 Price Changed $625,000 -3.8% $225 / Sq Ft
08/14/2025 08/14/25 For Sale $650,000 +22.6% $234 / Sq Ft
05/19/2023 05/19/23 Sold $530,000 -3.6% $191 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $549,999 -- $198 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $993 $345,400 $35,700 $309,700
2023 $1,066 $322,300 $35,600 $286,700
2022 $2,945 $299,600 $30,500 $269,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21913964

MIBOR Broker Listing Cooperative®

APN: 07-02-19-300-110.002-002