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1825 W Three Story Hill Road

Morgantown, IN 46160

PendingListed Aug 13, 2026 · 55 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,456 sqft
Lot
2.42 acres
Year built
1970
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22120108
County
Brown
Subdivision
No Subdivision
Total building area
2,912 sqft

About this home

Sitting high on 2.4+ acres in northern Brown County, this ranch home over a walk-out basement has rolling views and real room to spread out. The land already has a head start on homestead life - established black walnut, peach, apple, and persimmon trees, plus grapes and raspberries - with plenty of open space left for gardens, animals, or a horse or two. Two outbuildings add storage and workspace, and a second driveway runs back to the pole barn. Municipal water serves the house, and a separate rainwater cistern collects roof runoff for outdoor and homestead use. Inside, hardwood floors cover most of the main level, and the living room centers on a fireplace with a wood-burning stove insert. The kitchen's been updated with solid cabinetry, granite counters, and nearly-new KitchenAid stainless appliances that stay with the home. Replacement double-hung vinyl windows (with a wood-look finish) add efficiency without losing the home's character. The walk-out basement adds valuable extra space, including a finished room currently used as an additional bedroom, and the attached two-car garage is heated and cooled year-round. The wraparound deck is built for taking in the views - solid and in good shape, just due for a fresh coat of stain. The road out front is quiet and well-maintained, and State Road 135 is only a couple of miles away, putting Martinsville, Trafalgar, and Franklin within easy reach and Greenwood, Bloomington, and Columbus not far beyond. Acreage, views, hardwood floors, a walk-out basement, updated systems, outbuildings, garage space, and established fruit trees - this one checks a lot of boxes for buyers looking in Brown County. The Motivated Seller is now offering a $5,000 credit toward Buyer's closing costs along with the new lower price, so you better act fast!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterMicroHoodGas OvenRefrigeratorWasher
Interior features
Hi-Speed Internet Availbl
Kitchen
Kitchen Updated
Flooring
Hardwood
Basement
FullUnfinished
Fireplaces
1
Fireplace type
InsertLiving Room
Laundry
In Basement
Accessibility
Accessible Entrance
Rooms
7
Main-level bedrooms
3

Exterior

Exterior features
Barn MiniStorage
Patio and porch
DeckCovered
Construction
Aluminum Siding
Foundation
Block
Style
Ranch
Parking and garage
AttachedConcreteGravel
Other equipment
Smoke Alarm

Systems

Heating
Forced AirPropane
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
Rural - Not SubdivisionMature TreesTrees-Small (Under 20 Ft)

Schools

School district
Brown County School Corporation

Taxes

Estimated annual tax
$944 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,695per month, estimated
Principal and interest $1,512Property tax $79Insurance $105
20% · $59,980
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$299,900
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