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Recreational Land with Home for Sale in Morgantown, Indiana

5832 E Mahalasville Rd, Morgantown, IN 46160

$689,000
15.9 acres
Active
ago
Est $3,818/mo

Situated on 15.87 scenic acres, this well-appointed ranch offers privacy and refined country living in a peaceful natural setting. The 1,920-square-foot home features a light-filled main living space enhanced by skylights, creating an open and inviting atmosphere ideal for both relaxing and entertaining. The property showcases a picturesque 2-acre stocked pond, providing a beautiful focal point and the perfect place for fishing or quiet evenings overlooking the water. Expansive grounds allow ample space for recreation, gatherings, or simply enjoying the surrounding landscape. A 2-car attached garage is complemented by an impressive 50 x 30 heated 4-car detached garage - a standout feature offering exceptional versatility. Ideal for car enthusiasts, hobbyists, equipment storage, or workshop use, the structure provides generous space for projects, recreational vehicles, or a dedicated workspace separate from the home. The home has recently been connected to city water while still retaining the existing well pump, offering added convenience along with a valuable secondary water source for outdoor use. A rare opportunity to enjoy acreage, water views, and privacy in a serene setting.

1,920
Sq feet
3
Beds
2
Full baths
2003
Built

Location

Street address
5832 E Mahalasville Rd
Community
Morgan - Jackson
School district
Nineveh-Hensley-Jackson United
Elevation
654 feet
Coordinates
39.3543, -86.3232

Property details

Acreage
15.87 acres
MLS #
MIBOR 22082804
Posted

Parcels

  • 551433100002000012

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Pond, Waterfront
Features
Dock

Exterior

Parking
Garage, Heated, Workshop
Structures
Outdoor Kitchen
Features
Balcony, Water Feature Fountain

Structure

Style
Ranch
Heating
Electric, Fireplace(s), Forced Air
Cooling
Central Air
Materials
Wood Siding

Interior

Room Count
6
Rooms
Bathroom x 2, Bedroom x 3, Dining Room, Kitchen, Living Room
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
Attic Access, Walk-In Closet(s)

Nearby schools

NameTypeDistrict
Indian Creek Elementary SchoolElementaryNineveh-Hensley-Jackson United
Indian Creek Middle SchoolMiddleNineveh-Hensley-Jackson United
Indian Creek SR High SchoolHighNineveh-Hensley-Jackson United

Listing history

DateEventPriceChangeSource
Feb 7, 2026New listing$689,000MIBOR
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This 15.87-acre property is located at 5832 E Mahalasville Rd in Morgantown, IN 46160. The property is available for sale for $689,000. It has a 1,920 sq ft 3 bedroom, 2 bath house built in 2003.

Checked 1 hour ago — Updated

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