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6080 Spearsville Road

Morgantown, IN 46160

ActiveListed Jul 10, 2026 · 2 days on market

Key facts

Beds
3
Baths
1 full
Living area
1,734 sqft
Lot
4.93 acres
Year built
1940
Type
Residential · Single Family Residence
Stories
One and one half
Garage
2 spaces
MLS #
22113175
County
Brown
Subdivision
No Subdivision
Total building area
2,176 sqft

About this home

Welcome to The Wayside Cottage short-term rental, a charming Cape Cod-style retreat nestled on nearly 5 picturesque acres in the rolling hills of Brown County. Just 10 minutes from downtown Nashville, this beautifully maintained property offers the perfect blend of peaceful country living and proven investment potential with its approved Short-Term Rental permit for up to six guests. Guests and owners alike will love relaxing on the spacious wraparound deck, enjoying the covered front porch, or unwinding in the hot tub while taking in the surrounding natural beauty. Inside, the inviting floor plan features a comfortable living room, dining area, well-appointed kitchen, two main-level bedrooms with queen beds, and a full bath. The loft provides two additional twin beds, along with a fun play area complete with toys and games, making it an ideal space for children. The property has seen numerous quality updates, giving buyers peace of mind for years to come, including a new 30-year roof (June 2024), new HVAC system (April 2024) with a transferable 10-year manufacturer warranty, new wraparound deck (October 2022), and a complete interior repaint (July 2022) including walls, ceilings, trim, stairs, and cabinetry. Additional features include a detached two-car garage, ample outdoor space to explore, and approximately 4.93 acres of privacy and tranquility. Whether you're searching for a full-time residence, a weekend getaway, or a turnkey vacation rental in one of Indiana's most desirable destinations, The Wayside Cottage offers a rare opportunity to own a property that is as enjoyable as it is versatile.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerMicroHoodGas OvenRefrigeratorWasherElectric Water Heater
Other rooms and areas
Bedroom Other on Main
Flooring
Hardwood
Basement
Unfinished
Laundry
In Basement
Rooms
6
Main-level bedrooms
2

Exterior

Patio and porch
DeckCovered
Construction
Cement Siding
Foundation
Block
Style
Rustic
Parking and garage
Detached
Other equipment
Satellite Dish

Systems

Heating
Heat PumpPropane
Cooling
Heat Pump
Water
Public

Schools

School district
Brown County School Corporation

Taxes

Estimated annual tax
$2,542 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,637per month, estimated
Principal and interest $2,268Property tax $212Insurance $157
20% · $89,980
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$449,900
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