7422 S 575 W Morgantown, IN 46160
Estimated payment $4,581/month
Highlights
- 41 Acre Lot
- No HOA
- 2 Car Detached Garage
- Ranch Style House
- Formal Dining Room
- Breakfast Bar
About This Home
What a beautiful serene country setting! This 41 acre horse farm located in southern Johnson County has great pastures, a few acres that are tillable, and lots of riding space. You can sit on the large deck (14X24 ft) out front and watch the sun rise with your coffee, as well as, sit on the back deck (12X24 ft) and watch the sun set with your family. The house has been remodeled with new flooring throughout, new counter tops, new master tub and double vanity and new paint and woodwork throughout. The horse barn has 7 stalls, a holding pen, tack room, and office with electric and water. The equipment barn has several areas for hay, equipment, trailers, a dog pen, 200 amp electric service and water. Everything you need for your horses and youngins.
Listing Agent
Trusted Realty Partners of Ind License #RB14050104 Listed on: 07/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,690
Year Built
- Built in 1997
Lot Details
- 41 Acre Lot
- Additional Parcels
Parking
- 2 Car Detached Garage
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 1,680 Sq Ft Home
- Entrance Foyer
- Formal Dining Room
- Vinyl Plank Flooring
- Crawl Space
Kitchen
- Breakfast Bar
- Gas Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Indian Creek Elementary School
- Indian Creek Middle School
- Indian Creek Intermediate School
- Indian Creek Sr High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Heating System Uses Propane
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 1 / 15:Hensley Twp
- Assessor Parcel Number 411028023018000015
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,689 | $239,000 | $32,700 | $206,300 |
| 2024 | $2,689 | $188,200 | $32,700 | $155,500 |
| 2023 | $2,580 | $179,500 | $32,700 | $146,800 |
| 2022 | $2,372 | $165,100 | $28,700 | $136,400 |
| 2021 | $894 | $143,800 | $28,700 | $115,100 |
| 2020 | $804 | $139,000 | $28,700 | $110,300 |
| 2019 | $729 | $131,600 | $28,700 | $102,900 |
| 2018 | $658 | $127,700 | $28,700 | $99,000 |
| 2017 | $628 | $118,400 | $28,700 | $89,700 |
| 2016 | $584 | $117,800 | $28,700 | $89,100 |
| 2014 | $610 | $122,200 | $28,700 | $93,500 |
| 2013 | $610 | $124,200 | $28,700 | $95,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2025 07/10/25 | Price Changed | $825,000 | -5.2% | $491 / Sq Ft | |
| 07/09/2025 07/09/25 | For Sale | $869,900 | +71.9% | $518 / Sq Ft | |
| 12/03/2021 12/03/21 | Sold | $506,000 | +1.2% | $301 / Sq Ft | View Prior Sale |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- | |
| 11/16/2021 11/16/21 | For Sale | $500,000 | -- | $298 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Deed | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22049704
APN: 41-10-28-023-018.000-015
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