Price Reduction - Waterfront - Primary on Main
Address
7813 W 50 S, Morgantown, IN
Price
$ 2,275,000
Property Attributes
  • MLS#22122666
  • TypeSingle Family
  • Listing Status Active
  • CountyJOHNSON
  • CityMorgantown
  • AreaUnion
  • Zip46160
  • StyleLog
  • Year Built1980
  • Taxes$ 8192
  • Price$ 2,275,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage4240
  • Lot Size30.68 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Welcome to Lost Creek Ranch, a remarkable 30.68-acre retreat where privacy, natural beauty, and equestrian living come together. A private drive winds through the property, opening to a peaceful setting surrounded by mature woods, rolling terrain, pasture, two ponds, a tranquil creek, abundant wildlife, and trails to explore throughout the acreage. At the heart of the property is a distinctive 4-bedroom log home offering 4,240 square feet of finished living space. Warm wood details complement hardwood floors and multiple fireplaces, while the kitchen features hickory cabinetry, convenient pull-out lower drawers, and a Jenn-Air gas range. Two Four Seasons rooms-one on the main level and another in the finished walk-out basement-provide inviting spaces to take in the surrounding views throughout the year. A whole-home generator adds additional convenience and peace of mind. For the equestrian enthusiast, the property is exceptionally well equipped. The 64X40 four-stall horse barn with lean-tos features water at each stall, a tack room, wash station, hay loft with chutes, extensive storage, an office, and a restroom. Newer fencing, pasture, a loafing shed, and riding trails throughout the property create an impressive setup for horses and country living. There is just as much to enjoy beyond the barn. Take a golf cart ride along the wooded trails, spend time by the ponds, watch wildlife from the porch, or gather around the outdoor gas fireplace. A finished garage with built-in storage, connected flex space with dedicated internet, and a fully enclosed 50X14 RV garage provide exceptional space for vehicles, equipment, hobbies, and recreational toys. Despite its secluded setting, Lost Creek Ranch remains conveniently connected. Easy access to I-69 puts both Bloomington and Indianapolis within reach, while the shops, restaurants, galleries, and outdoor recreation of Nashville and Brown County are nearby.

Middle School High School
Franklin Community Middle School Franklin Community High School
Price History
8/28/2026 Listed $2,395,000
9/22/2026 6$2,275,000

General Features

Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Dishwasher,Dryer,Gas Water Heater,Humidifier,Exhaust Fan,Microwave,Gas Oven,Refrigerator,Washer,Water Purifier
Garage Spaces 2
Patio/Porch Features Covered,Deck
Architectural Style Log
Construction Materials Log
Year Built 1980
View Creek/Stream,Pond,Trees/Woods
Township Union
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Creek,Pond,Water View
Additional Parcels Description 410919031002000036
County Johnson
New Construction No
Property Type Residential
HOA No
Subdivision Name No Subdivision
Garage Y/N Yes
Other Structures Outbuilding
Total Rooms 11
Full Baths 2
Status Active
Directions GPS Friendly
High School Franklin Community High School
City Morgantown
High School District Franklin Community School Corp
MLS Area 4106 - Johnson - Union
Lot Size Square Feet 1336420
Property Attached Y/N No
Current Financing Conventional,USDA,VA
Middle/Junior High School Franklin Community Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N Yes
Standard Status Active
Legal Description Sw S19 T12 R3 Mp Franklin Communi

Interior Features

Interior Amenities Hi-Speed Internet Availbl,Sauna,Walk-In Closet(s)
Basement Finished,Full,Walk-Out Access
Total Fireplaces 1
Fireplace Features Basement
Basement (Y/N) Yes
Half Baths 1
Laundry Features In Basement
Total Bedrooms 4
Below Grade Finished Area 1520
Main Level Bedrooms 1
LivingAreaSource Broker
Total Baths 3

Exterior Features

Exterior Amenities Barn Pole,Fire Pit,RV Hookup,Water Feature Fountain
Parking Features Detached
Lot Features Not In Subdivision,Mature Trees,Wooded
Water Source Private
Foundation Details Concrete Perimeter
Spa No
Building Area Total 4240
Lot Size Acres 30.68
Waterfront Y/N Yes
Other Equipment Generator,Smoke Alarm,Sump Pump
Horse Amenities Barn,Boarding Facilities,Hay Storage,Pasture,Riding Trail,Stable(s),Tack Room,Trailer Storage,Wash Rack

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46160

Price
AVG $610K
$2.28M
Taxes
AVG $2,110
$8,192
Year Built
AVG 1966
1980
Visits
AVG 47
9
Data Provided by Inside Real Estate®

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