Welcome to this truly one-of-a-kind BARNDOMINIUM, privately situated on 66.90 WOODED and FARM ACRES surrounded by nature and wildlife. Built in 2018, this 4-bedroom, 2.5-bath home blends rustic character with modern comfort, offering an impressive open-concept main level with 9-foot ceilings and heated concrete floors. The kitchen features beautiful hickory cabinetry, a center island, and ample space for gathering and entertaining. Upstairs, you'll find all four bedrooms along with additional space and the laundry room. For those needing garage, workshop, or storage space, this property delivers with a spacious 56x40 BARN area incorporated into the home and a 4+-car garage (DOORS 16X8 and 12X12) ideal for the car enthusiast, mechanic, contractor, hobbyist, or anyone who simply wants room for their toys and equipment. The best feature is the 40x10 covered back porch, the perfect place to slow down, relax, and take in the peaceful surroundings. Adding even more versatility is a charming separate Grain Bin/Guest House complete with its own bedroom, bathroom, and kitchen-perfect for visiting family and friends, extended stays, or a private retreat for guests. Step outside and experience what truly sets this property apart: approximately 24 acres of privacy, woods, trails, wildlife, and a 1-acre spring-fed pond reaching approximately 13 feet deep-perfect for swimming, relaxing, fishing, and enjoying your own private outdoor escape. With no HOA, incredible privacy, multiple living spaces, and endless possibilities, properties like this simply don't come along often. Don't just imagine the lifestyle-come experience it for yourself. Schedule your private showing today and discover everything this extraordinary property has to offer! Seller is offering concessions towards a 2/1 buy down on rate to help make this property a reality for the next homeowner!
Single-familyProperty Type
2018Year Built
66.9 acresLot Size
$496Price/Sq.Ft.
4 car garageParking
Listed by Natalie Latkowski• Mark Dietel Realty, LLC
Est. $3,325 per month, based on comparable rentals
Sale and tax history for 5324 E Mahalasville Rd
Sale History
Tax History
Date
Event
Price
IRMLS #202633539
Sep 25, 2026
Sold
$1,270,000
$496/sq ft
Sep 3, 2026
Pending
—
Aug 19, 2026
Price Changed
$950,000
$371/sq ft
Aug 17, 2026
Listed
$960,000
$375/sq ft
+45
Welcome to this truly one-of-a-kind BARNDOMINIUM, privately situated on 24 WOODED ACRES surrounded by nature and wildlife. Built in 2018, this 4-bedroom, 2.5-bath home blends rustic character with modern comfort, offering an impressive open-concept main level with 9-foot ceilings and heated concrete floors. The kitchen features beautiful hickory cabinetry, a center island, and ample space for gathering and entertaining. Upstairs, you'll find all four bedrooms along with additional bonus space and the laundry room. For those needing garage, workshop, or storage space, this property delivers with a spacious 56x40 BARN area incorporated into the home and a 4+-car garage (DOORS 16X8 and 12X12) ideal for the car enthusiast, mechanic, contractor, hobbyist, or anyone who simply wants room for their toys and equipment. The best feature is the 40x10 covered back porch, the perfect place to slow down, relax, and take in the peaceful surroundings. Adding even more versatility is a charming separate Grain Bin/Guest House complete with its own bedroom, bathroom, and kitchenperfect for visiting family and friends, extended stays, or a private retreat for guests. Step outside and experience what truly sets this property apart: approximately 24 acres of privacy, woods, trails, wildlife, and a 1-acre spring-fed pond reaching approximately 13 feet deepperfect for swimming, relaxing, fishing, and enjoying your own private outdoor escape. With no HOA, incredible privacy, multiple living spaces, and endless possibilities, properties like this simply don't come along often. Don't just imagine the lifestylecome experience it for yourself. Schedule your private showing today and discover everything this extraordinary property has to offer! Seller is offering concessions towards a 2/1 buy down on rate to help make this property a reality for the next homeowner!
MIBOR as Distributed by MLS Grid #22120094
Sep 25, 2026
Sold
$1,270,000
$496/sq ft
Sep 3, 2026
Pending
—
Aug 17, 2026
Listed
$950,000
$371/sq ft
MIBOR as Distributed by MLS Grid #21444802
Oct 20, 2017
Sold
$300,000
$117/sq ft
Oct 17, 2017
Pending
—
Sep 23, 2016
Listed
$339,500
$133/sq ft
Beautiful property in Jackson Township. 5 parcels totaling 66.9 acres. Approximately 30 tillable acres, lots of woods and a pond.
MIBOR as Distributed by MLS Grid #21442842
Oct 20, 2017
Sold
$300,000
$117/sq ft
Oct 7, 2017
Contingent
—
Sep 22, 2016
Price Changed
$339,500
$133/sq ft
Sep 16, 2016
Listed
$339,900
$133/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,122 (−61.3%)
$204,700 + $288,000
$492,700
2024
$5,483 (+118.5%)
$204,700 + $288,000
$492,700
2023
$2,510 (−15.2%)
$313,900 + $297,900
$611,800
2022
$2,960
$72,700 + $312,200
$384,900
Public record
Public record
Zoning
Beds
4
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
23.92 Acres
Year renovated
2018
Sq. Ft.
2,400
Year built
2018
Style
Single Family Residential
County
Morgan County
APN
55-14-32-200-003.000-012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
AG
Agriculture District
This district is intended for agricultural uses and to protect and preserve the decreasing supply of farmland by discouraging urban development in primarily agricultural areas. Non-farm residential uses should be limited, when possible, to provide for large areas of contiguous farm land; All subdivisions require subdivision approval unless exempt See Section 5.B.5: Exempt Subdivisions; All new primary structures for commercial, industrial, and institutional uses require Development Plan approval. Only one primary use or primary structure dwelling unit per lot permitted; All development may be subject to Drainage Board approval.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Religious facility
Housing-Single unit
Infrastructure
Office
Agriculture-Cropland
Cemetery
Park & open space
Property details
Parking
Parking Information
Garage SqFt: 2240
Garage Parking Other: Finished Garage,Floor Drain,Garage Door Opener,Keyless Entry,Service Door
Parking Features: Detached, Gravel, Garage Door Opener, Gated, Storage
Garage Spaces: 4
Has Garage
Interior
Virtual Tour
Interactive Virtual Tour URL: https://www.zillow.com/view-imx/97f92ddc-7b53-4931-9585-1a0e9501889b?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Appliances: Electric Cooktop, Electric Oven, Refrigerator, Tankless Water Heater, Water Purifier, Water Softener Owned
Areas Interior: Utility Room
Exterior
Exterior Features
Patio And Porch Features: Covered
Exterior Features: Barn Pole, Carriage/Guest House
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Other Structures: Outbuilding
Has View
Has Additional Parcels
Property Sub Type: Single Family Residence
Land Information
Acres: >20 Acres
Lot Information
Lot Size Acres: 66.9
Lot Features: Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Well, Private
Utilities: Electricity Connected, Septic System
Solid Waste Information: No
Fuel Information: Propane Owned
Location
School Information
Elementary School: Indian Creek Elementary School
Middle Or Junior High School: Indian Creek Middle School
Intermediate School: Indian Creek Intermediate School
High School: Indian Creek Sr High School
High School District: Nineveh-Hensley-Jackson United
Location Information
Directions: GPS Friendly
Tax Legal Description: S32 T11 R2e Pt Ne 23.92 A, S32 T11 R2E PT N NE 2.56 A, S32 T11 R2E PT N NE 12.59 A , S29 T11 R2E PT E SE 11.41 A, S29 T11 R2E PTE SE 16.42 A
Community Information
Low Maintenance Lifestyle YN: No
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 2,400
Stories: 2.0
Lot Size: 23.92 acres
Style: Single Family Residential
Year Built: 2018
Year Renovated: 2018
County: Morgan County
APN: 55-14-32-200-003.000-012
Home facts updated by county records on Oct 15, 2026
Other
Home Information
Foundation Details: Slab
Construction Materials: Stone, Other
Levels: Two
Around this home
Schools
Indian Creek Elementary School
Public PreK-2 • Assigned • 9.7mi
Indian Creek Middle School
Public 6-8 • Assigned • 9.9mi
9/10
Indian Creek Senior High School
Public 9-12 • Assigned • 9.8mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Morgantown, IN • 46160
Average low and high temperatures (°F)
34
17
44
26
62
40
70
48
73
53
83
65
88
69
83
63
82
56
69
48
55
39
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Morgantown. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.1 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$983,000 – $1.19M
Sell confidently with a local market expert in Morgantown.