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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.
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
Monthly Cost Estimate
$3,198/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7351 Homestead Road
Morgantown, IN 46160
No Subdivision
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
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.






