NOT LISTED FOR SALE

7686 W 50 S Morgantown, IN 46160

Estimated Value: $369,000 - $463,000

2 Beds
1 Bath
1,264 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $300,000 $237 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,527/month

27 Days on Market

Highlights

  • Home fronts a pond
  • 10 Acre Lot
  • Covered Patio or Porch
  • Union Elementary School Rated A-
  • No HOA
  • Log Cabin

About This Home

As of March 2021

This is a rare find in rural Johnson County. This log home on 10 acres has a beautiful setting overlooking a pond. The land is a mixture of pasture and woods. It has a long paved driveway back to the home and has a 2 car detached garage. The home can be heated with the wood stove, but it also has central heat and air. The interior layout is functional and open. Pond is said to be 15 feet deep. Large, open pasture area available for horses or other livestock.

Last Agent to Sell the Property

Natalie Howell

Dropped Members License #RB14042630 Listed on: 01/01/2021

Dropped Members

Co-Listed By

Adam Howell

Dropped Members License #RB19000904

Last Buyer's Agent

Jamie Brown

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,026

Year Built

  • Built in 1985

Lot Details

  • 10 Acre Lot
  • Home fronts a pond
  • Rural Setting

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Log Cabin
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Great Room with Fireplace
  • Family or Dining Combination
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 410919032015000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,026

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1985
  • Building Area Total: 1264
  • Co List Office Phone: 317-878-8002
  • Garage Y N: Yes
  • Lot Size Acres: 10
  • Subdivision Name: No Subdivision
  • Inspection Warranties: See Remarks
  • Transaction Type: Sale
  • MBR_AttributionContact: nhowell@callcarpenter.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Electric Oven, Refrigerator, Electric Water Heater, Water Purifier
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Wood Work Stained, Breakfast Bar
  • Living Area: 1264
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1120
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 144
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 0
  • SqFt Total: 1264

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • List Price: 300000
  • Patio And Porch Features: Covered Porch
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Detached, Garage Door Opener
  • Garage Parking Other: Service Door
  • Garage Sq Ft: 480

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Rural - Not Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 435600
  • Parcel Number: 410919032015000036
  • Acres: 10-20 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3026
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1513
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2021
Closed on
Mar 1, 2021
Sold by
Rayburn Bryan L
Bought by
Brown Sarah and Smith Tommy
Seller's Agent
Natalie Howell
Dropped Members
Buyer's Agent
Jamie Brown
CENTURY 21 Scheetz
List Price
$302,500
Sold Price
$300,000
Premium/Discount to List
-$2,500
-0.83%
Current Estimated Value
$410,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,310
Avg. Annual Appreciation
5.51%
Original Mortgage
$289,987
Interest Rate
2.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Brown Sarah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Sarah $289,987
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $300,000 0.0% $237 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/25/2021 01/25/21 Price Changed $300,000 -0.8% $237 / Sq Ft
01/22/2021 01/22/21 For Sale $302,500 0.0% $239 / Sq Ft
01/04/2021 01/04/21 Price Changed $302,500 +0.8% $239 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $300,000 -- $237 / 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
2025 $4,210 $314,600 $162,400 $152,200
2024 $4,210 $277,300 $162,500 $114,800
2023 $4,146 $265,800 $162,500 $103,300
2022 $4,527 $265,800 $162,500 $103,300
2021 $4,146 $247,200 $162,500 $84,700
2020 $3,744 $246,800 $162,500 $84,300
2019 $3,026 $208,000 $125,500 $82,500
2018 $2,896 $206,100 $125,500 $80,600
2017 $2,859 $201,700 $125,500 $76,200
2016 $2,932 $197,500 $125,500 $72,000
2014 $2,881 $190,900 $125,500 $65,400
2013 $2,881 $195,800 $125,500 $70,300
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Natalie Howell

    Dropped Members

    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Adam Howell

    Dropped Members

    Section Image

  • J

    Buyer's Agent in 2021

    Jamie Brown

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21758765

MIBOR Broker Listing Cooperative®

APN: 41-09-19-032-015.000-036

Indiana Johnson County Morgantown 46160

7686 W 50 S, Morgantown, IN

This home is located at 7686 W 50 S, Morgantown, IN 46160 since 01 January 2021 and is currently estimated at $410,310, approximately $324 per square foot. This property was built in 1985. 7686 W 50 S is a home located in Johnson County with nearby schools including Union Elementary School, Custer Baker Intermediate School, and Franklin Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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