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Land with Home for Sale in Morgantown, Indiana

2150 Echo Lake Ln, Morgantown, IN 46160

$580,000
5 acres
Active sale
ago
Est $2,881/mo

Lost & Found Cabin offers a rare opportunity to own a true Brown County log home with a Tourist Rental Exception already in place. Although it has not been used as a short-term rental since 2019, the exception remains, and the current owners hold a valid permit—allowing you to begin renting immediately. Set on 5 private wooded acres, this custom-built log cabin blends rustic charm with modern updates. Enjoy peaceful views from every window, relax on multiple decks, or unwind in the hot tub surrounded by nature. Inside, you'll find hardwood floors, exposed beam ceilings, poplar hardwood doors and trim, mortise locks and hardware, custom hardwood countertops, and two gas log fireplaces—one in the living room and one in the primary bedroom. The finished basement expands the home’s functionality and entertainment space, featuring a pool table along with additional sleeping options including a Murphy bed and sleeper sofa—ideal for guests or short-term rental flexibility. The home is being sold fully furnished, including all kitchen dishes, cookware, and essentials, making it truly turnkey. Recent updates include a beautifully renovated kitchen, new stainless steel appliances, new mini-split heating and cooling units throughout the home (including the garage), and updated basement flooring. Outdoor living is just as inviting, with both a gas fire pit and a wood-burning fire pit for year-round enjoyment. The 30' x 40' detached garage offers excellent versatility with new windows, an upper-level storage area, and a 30' x 15' finished room perfect for a workshop, studio, gym, or hobby space. A low-maintenance metal roof adds peace of mind, and additional inclusions such as a generator, extra freezer in the garage, and Traeger grill further enhance the value. If you've been dreaming of a private cabin in the woods with income potential, modern comforts, and authentic Brown County character, Lost & Found Cabin is a must-see.

1,560
Sq feet
2
Beds
1
Full bath
1
1/2 bath
1979
Built

Location

Street address
2150 Echo Lake Ln
School district
Brown County School Corp.
Elevation
817 feet
Coordinates
39.2539, -86.2841

Directions

St Rd 45 to Morrison Road or Helmsburg Road to Morrison Road then take Friendship Cabin Road, Echo Lake Lane is on left, home is at the end of the lane past the lake take a left.

Property details

Acreage
5 acres
MLS #
BMLS 202613834
Posted

Property taxes

Recent
$1,188

Parcels

  • 07-03-35-300-163.001-002

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Detached Garage, Garage

Structure

Style
Cottage
Basement
Yes
Heating
Baseboard, Fireplace(s)
Materials
Log, Stone
Roof
Metal

Interior

Room Count
6
Rooms
Basement, Bathroom x 2, Bedroom x 2, Family Room, Great Room, Kitchen, Laundry, Living Room
Appliances
Dryer, Microwave
Features
Countertops-Solid Surf, Custom Cabinetry, Deck Covered, Deck Open, Dishwasher, Eat-In Kitchen, Firepit, Garage Utilities, Garage-Heated, Generator Ready, Kitchen Exhaust Hood, Landscaped, Natural Woodwork, Patio Open, Range-Gas, Refrigerator, Stand Up Shower, Twin Sink Vanity, Water Heater Electric, Workshop

Property utilities

CategoryTypeStatus
PowerGridAvailable
WaterPublicAvailable

Nearby schools

NameTypeDistrict
Helmsburg/BrownElementaryBrown County School Corp.
Brown CountyMiddleBrown County School Corp.
Brown CountyHighBrown County School Corp.

Listing history

DateEventPriceChangeSource
Apr 19, 2026Price increase$580,000$81,000 16.2%BMLS
Apr 19, 2026New listing$499,000BMLS
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This 5-acre property is located at 2150 Echo Lake Ln in Morgantown, IN 46160. The property is available for sale for $580,000. It has a 1,560 sq ft 2 bedroom, 1 bath house built in 1979.

Checked 1 hour ago — Updated

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