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About This Home

This 4-bedroom, 3-bathroom single family at 7351 Homestead Road in Morgantown, IN is listed for $597,900 ($355 per sqft). Built in 1987, the home offers 1,684 sqft of living space on a 5.65 acres lot.

Agent Description

Nestled at the end of a quiet road, this private and truly unique property offers exceptional versatility and income potential. The 5.65 acre setting features two homes with recent updates, creating an ideal opportunity for a family compound, multi-generational living, or built in rental income.

Each home enjoys its own sense of privacy, each with its own detached barn/outbuilding offering ample workspace and parking. The main residence includes four bedrooms, two en suites, and bathrooms with updates. The rental home was remodeled down to the studs in 2023 and features all new systems and finishes. With serene pond views and abundant space, this one-of-a-kind property is a must-see investment and lifestyle opportunity.

Key Features

  • Built in 1987
  • 5.65 acre lot

Property Details

3 full
1987

Monthly Cost Estimate

$3,198/mo

20% down · 6.5% · 30 years

Principal$432
Interest$2,591
Insurance$174

Estimates only. Actual payments may vary.

Location

7351 Homestead Road

Morgantown, IN 46160

No Subdivision

Features & Amenities

Interior Features

Attic Access

Property Details

Construction

Vinyl Siding

Parking

Garage

Heating

Forced AirPropane (Heating)

Cooling

Central Air

Appliances

CooktopCooktop - ElectricDishwasherDryerGarbage DisposerMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 7351 Homestead Road is listed at $597,900 ($355/sqft). The estimated monthly payment is $2,591 based on 20% down at 6.5% interest.

Key features include: Built in 1987, 5.65 acre lot. Interior Features: Attic Access.

This property is listed by Mike Munoz and can be reached at 9494226658 or mmunoz@c21scheetz.com.

MM

Mike Munoz

Agent at CENTURY 21 Scheetz

(949) 422-6658

Listed by CENTURY 21 Scheetz · View on Broker Site

MLS# 22094234· Source: listhub· Updated 40 days ago

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7351 Homestead Road, Morgantown, IN 46160

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