# 7351 Homestead Road, Morgantown, IN 46160

> **TL;DR:** 4bd/3ba single family, $597,900 ($355/sqft), built 1987, 1,684 sqft. Est. $2,591/mo. Listed 40 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $597,900 |
| Price/sqft | $355 |
| Bedrooms | 4 |
| Bathrooms | 3 full |
| Square Feet | 1,684 |
| Year Built | 1987 |
| Lot Size | 246,114 sqft (5.65 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 40 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,591 |
| **Total** | **$2,591** |

## Nearby Schools

- **Middle:** Brown County Junior High
- **High:** Brown County High School

## Property Highlights

- Built in 1987
- 5.65 acre lot

## Description

### 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.

## Location

- **Address:** 7351 Homestead Road, Morgantown, IN 46160
- **County:** Morgan
- **Neighborhood:** No Subdivision
- **Coordinates:** 39.303181, -86.238033
- **Google Maps:** https://www.google.com/maps?q=39.303181,-86.238033

## Listing Agent

- **Name:** Mike Munoz
- **Brokerage:** CENTURY 21 Scheetz
- **Phone:** 9494226658
- **Email:** mmunoz@c21scheetz.com

## Primary Photo

![7351 Homestead Road - Primary Photo](http://lh.rdcpix.com/6eb55a472944c0d90c6bb48f1766c120l-f897379561r.jpg)

*51 total photos available on [listing page](https://www.propertysimple.com/listing/7351-homestead-road-morgantown-in-46160-22094234)*

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**MLS#:** 22094234 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/7351-homestead-road-morgantown-in-46160-22094234)

---

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