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778 W Gasburg Lane

Mooresville, IN 46158

ActiveListed Jul 24, 2026 · 72 days on market

Key facts

Beds
3
Baths
2 full
Living area
2,688 sqft
Lot
7.286 acres
Year built
1987
Type
Residential · Single Family Residence
Stories
Two
Garage
4 spaces
MLS #
22115866
County
Morgan
Subdivision
No Subdivision

About this home

Near the end of a pretty gravel lane is this rustic log home on a serene 7.3ac mix of woods and open field. Built like a fortress, the custom home is tucked back in the trees, with a beckoning covered front porch overlooking the barn and field, plus a screened porch in back to enjoy the wooded views. Framed in native timber, to enhance the primitive feel, the single-owner home has delightful wood floors, walk-in closets, newer geothermal components, and attached 2 car garage. The two-story stone fireplace is a particularly stunning feature in the great room. 50x60 dynamic outbuilding with electric and its own driveway, includes an insulated shop, two additional garage bays, huge upstairs finished workspace, several sizable stalls, tack room, tool room, and hay loft too! Explore the woods, cross the ravine on the foot path over the culvert, and sit in peace on the other ridge. A few acres of open field could form paddocks, or just make great romping grounds to throw a ball. Small pond. An old "blacksmith" shop and mini barn are ready for some tlc too but add to the overall charm of the entire delightful property. Best not to enter the old structure in the SW corner as it's seen better days. A bit of effort will update this cool place to your taste and meet your every desire! High speed internet available.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherGas OvenRefrigerator
Interior features
Paddle FanWalk-In Closet(s)
Other rooms and areas
Bedroom Other on MainGreat Room - 2 Story
Flooring
Hardwood
Fireplaces
1
Fireplace type
Great Room
Rooms
7
Main-level bedrooms
2

Exterior

Exterior features
Barn MiniStorage
Patio and porch
CoveredScreened
Construction
Log
Foundation
Crawl Space
Style
LogRustic
Parking and garage
AttachedWorkshop in Garage
Other structures
Outbuilding

Systems

Heating
Geothermal
Cooling
Central Air
Water
Private
Utilities
Electricity Connected

Schools

Elementary school
Monrovia Elementary School
Middle school
Monrovia Middle School
High school
Monrovia High School
School district
Monroe-Gregg School District

Taxes

Estimated annual tax
$2,688 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,189per month, estimated
Principal and interest $2,772Property tax $224Insurance $193
20% · $110,000
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$550,000
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