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2127 S 475 W

Morgantown, IN 46160

ActiveListed Jun 11, 2026 · 122 days on market

Key facts

Beds
2
Baths
1 full
Living area
952 sqft
Lot
1.897 acres
Year built
1945
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22107887
County
Johnson
Subdivision
No Subdivision
Total building area
1,636 sqft

About this home

Escape to the peaceful countryside with this charming ranch style home situated on 1.89 private acres in Morgantown, Indiana. Surrounded by nature and offering plenty of room to enjoy the outdoors, this property features a spacious two-car detached garage, freshly poured sidewalks that add convenience and curb appeal and a pond area full of potential. Major exterior updates provide peace of mind, including a new roof, siding, and heat pump heating and cooling system - all completed within the last four years. Inside, you'll find a cozy farmhouse feel with plenty of character and an opportunity to add your own personal style and updates over time. The homes includes an unfinished basement. Whether you're looking for a private retreat, room to roam, or a property with solid improvements already in place, this Johnson County home offers a rare combination of acreage, privacy, and potential.

Description provided by the listing brokerage.

Interior

Appliances
DryerElectric Water HeaterMicrowaveElectric OvenRefrigeratorWasher
Interior features
Attic Access
Kitchen
Kitchen Country
Basement
Unfinished
Laundry
In Basement
Rooms
4
Main-level bedrooms
2

Exterior

Patio and porch
Screened
Construction
Vinyl Siding
Foundation
Block
Style
Ranch
Parking and garage
Detached

Systems

Heating
Heat Pump
Cooling
Heat Pump
Water
Private

Lot and HOA

Lot features
Rural - Not Subdivision

Schools

Elementary school
Union Elementary School
Middle school
Franklin Community Middle School
High school
Franklin Community High School
School district
Franklin Community School Corp

Taxes

Estimated annual tax
$855 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,376per month, estimated
Principal and interest $1,220Property tax $71Insurance $85
20% · $48,400
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$242,000
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