Welcome home to your own piece of paradise! A tree-lined driveway welcomes you to a tastefully updated 3 bedroom 3 bath home surrounded by 7.34 acres of wooded tranquility. Home sits at the back of property which offers plenty of privacy. Wood-burning fireplace with blower fan provides warmth throughout the home. Patio door on main level leads to a wood deck overlooking woods and pond. Primary owner suite with full bath and two other bedrooms, full bath on main level. Fully finished walkout basement, just as lovely as the main level, featuring large family room with wood burning stove, a bonus room, full bath and French doors leading to a spacious patio with stunning views of the property. A fenced-in garden at the front of property includes perennial blackberries/strawberries and is ready for your own plantings. Plenty of flat land perfect for a pole barn. Multiple mini barns for outside storage. Separate fenced area with chicken coop to get you started on your own mini farm. Recent updates include: new toilets installed a week ago, septic outflow pump and whole-house water filtration system with UV light & reverse osmosis installed in the past six months. This property is a once-in-a-lifetime affordable opportunity for all this property provides and is just waiting for you!
Sold
$550,000
55 Peavine Rd, Morgantown, IN 46151
4beds
2,940sqft
Residential, Single Family Residence
Built in 1980
7.35 Acres Lot
$538,600 Zestimate®
$187/sqft
$2,441 Estimated rent
Home value
$538,600
$501,000 - $582,000
$2,441/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$2,441/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$2,441/mo
Rent Zestimate®
Refinance and save
$3,068/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$3,068/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 03:05pm
Listing Provided by:
Deborah White 317-941-1291,
My Agent
Bought with:
Eric Wolfe
Prime Real Estate ERA Powered
Source: MIBOR as distributed by MLS GRID,MLS#: 22019389
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Features: Hardwood
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 2
- Features: Hardwood
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Features: Hardwood
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Bedroom 4
- Features: Vinyl Plank
- Level: Basement
- Area: 176 Square Feet
- Dimensions: 16x11
Living room
- Features: Hardwood
- Level: Main
- Area: 320 Square Feet
- Dimensions: 20x16
Office
- Features: Vinyl
- Level: Basement
- Area: 48 Square Feet
- Dimensions: 8x6
Play room
- Features: Vinyl Plank
- Level: Basement
- Area: 576 Square Feet
- Dimensions: 32x18
Utility room
- Features: Other
- Level: Basement
- Area: 96 Square Feet
- Dimensions: 16x6
Heating
- Forced Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Double Vanity, Vaulted Ceiling(s)
- Basement: Daylight,Exterior Entry,Finished,Finished Ceiling,Finished Walls,Full
- Number of fireplaces: 2
- Fireplace features: Basement, Family Room, Blower Fan, Free Standing, Wood Burning
Interior area
- Total structure area: 2,940
- Total interior livable area: 2,940 sqft
- Finished area below ground: 1,470
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
- Details: Garage Parking Other(Garage Door Opener, Service Door)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Patio
- Has view: Yes
- View description: Pond
- Water view: Pond
- Waterfront features: Pond, Water Access, Water View
Lot
- Size: 7.35 Acres
- Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
Details
- Additional structures: Barn Mini, Barn Storage, Storage
- Additional parcels included: 3 Parcels Total
- Parcel number: 551402200004000012
- Special conditions: Real Estate Owned
- Other equipment: Radon System
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1980
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Other
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Morgantown
- Subdivision: No Subdivision
Other
Other facts
- Listing terms: Relocation Property
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2025 | Sold | $550,000+3.8%$187/sqft |
Source:  MIBOR as distributed by MLS GRID #22019389 Report a problem | ||
| 12/18/2023 | Sold | $530,000$180/sqft |
Source: MIBOR as distributed by MLS GRID #21954054 Report a problem | ||
| 11/20/2023 | Pending sale | $530,000$180/sqft |
Source: MIBOR as distributed by MLS GRID #21954054 Report a problem | ||
| 11/20/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21952857 Report a problem | ||
| 11/16/2023 | Pending sale | $530,000$180/sqft |
Source: MIBOR as distributed by MLS GRID #21952857 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,529 +22% | $462,000 +11.2% |
| 2023 | $2,072 +55.7% | $415,600 +10.8% |
| 2022 | $1,331 +14.1% | $375,100 +35.2% |
Find assessor info on the county website
Neighborhood: 46151
Nearby schools
GreatSchools rating
- NAIndian Creek Elementary SchoolGrades: PK-2Distance: 6.2 mi
- 6/10Indian Creek Middle SchoolGrades: 6-8Distance: 6.3 mi
- 6/10Indian Creek Sr High SchoolGrades: 9-12Distance: 6.2 mi
Schools provided by the listing agent
- Elementary: Indian Creek Elementary School
- Middle: Indian Creek Middle School
- High: Indian Creek Sr High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$538,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$538,600
- Indiana
- Morgan County
- Morgantown
- 46151
- 55 Peavine Rd