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5980 Pine Tree Lane

Morgantown, IN 46160

ActiveListed Apr 23, 2026 · 161 days on market

Key facts

Beds
3
Baths
3 full · 1 half
Living area
3,600 sqft
Lot
49.88 acres
Year built
2022
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22096427
County
Brown
Subdivision
No Subdivision

About this home

ESCAPE to Your PRIVATE WOODED 50-Acre Sanctuary in Northern Brown County! Rarely do you find a property that offers both total SECLUSION and seamless CONVIENCE. Nestled at the end of a quiet dead-end road, this sprawling 50-acre estate welcomes you with a pristine pond and the serene sounds of a winding creek. Step inside this custom-built, 3,600 sq. ft. RANCH to find an interior that truly defies expectations. The heart of the home is a magnificent open-concept family room and beautiful kitchen, anchored by a stunning stone FIREPLACE, handcrafted cabinetry, and elegant granite countertops. The thoughtful floor plan features 2 PRIMARY SUITES on the MAIN LEVEL, plus a dedicated home office. Each bathroom styles a uniquely made vanity and sink. A favorite of the current owners, the SCREENED-IN BACK PORCH offers a front-row seat to local wildlife at all hours. The fully finished WALKOUT BASEMENT features a massive open living area, a kitchenette, and a private 3rd bedroom with a full bath-perfect for guests or a multi-generational setup. The OVERSIZED 2-CAR GARAGE is 30'x22' w/9' ceiling and a 14'x8' bump out. The rustic 30x40 POLE BARN (with new siding/roof and an insulated workshop) sits on the hill overlooking the pond. The charming 15x15 "She-Shed" or GUEST HOUSE is insulated and already plumbed for a full bath. 40 acres of the woods is CLASSIFIED FOREST, allowing for much lower property taxes. PRIME LOCATION: 2 MINUTES TO SR135; 12 minutes to NASHILLE RESTAURANTS, SHOPS, DISTILLERIES, Brown County MUSIC CENTER, Brown County State Park; and JUST 20 minutes NORTH to TRAFALGAR; 25 minutes to LAKE LEMON; and commute to downtown Indy or the airport right at an hour.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDown DraftDryerMicrowaveGas OvenRefrigeratorTankless Water HeaterWasher
Interior features
Breakfast BarHigh CeilingsKitchen IslandEntrance FoyerHi-Speed Internet AvailblEat-in KitchenPantryWalk-In Closet(s)
Other rooms and areas
Bedroom Other on Main
Basement
Ceiling - 9+ feetExterior EntryFinishedFullInterior EntryStorage SpaceWalk-Out Access
Fireplaces
1
Fireplace type
Family RoomGas LogMasonry
Laundry
Main Level
Windows
Vinyl Windows
Rooms
11
Main-level bedrooms
2

Exterior

Exterior features
Barn PoleStorageCarriage/Guest House
Patio and porch
CoveredDeckScreened
Construction
Vinyl Siding
Foundation
Concrete Perimeter
Style
Ranch
Parking and garage
Attached
View
ForestPondRuralTrees/Woods
Waterfront
DockPondWater ViewWaterfront
Other structures
Outbuilding

Systems

Heating
Natural GasPropane
Cooling
Central Air
Water
Public
Utilities
Electricity ConnectedSeptic SystemWater Connected

Lot and HOA

Lot features
Irregular LotRural - Not SubdivisionMature TreesTrees-Small (Under 20 Ft)WoodedSee Remarks

Schools

Elementary school
Helmsburg Elementary School
Middle school
Brown County Junior High
High school
Brown County High School
School district
Brown County School Corporation

Taxes

Estimated annual tax
$1,648 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$6,876per month, estimated
Principal and interest $6,301Property tax $137Insurance $438
20% · $250,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$1,250,000
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