Listing courtesy of Mark Dietel Realty, LLC · Listing agent: Natalie Latkowski · offers@markdietel.com

Virtual tour
ActiveSite-Built Home

7813 W 50 S

$2,275,000

$836.40 / sq ft

Est. $13,800/mo

Morgantown, IN 46160

Original price $2,395,000 · Price reduced on September 21, 2026

  • 30.7 acres
  • 2-car garage
  • Fireplace
  • Basement
Bedrooms
4
Bathrooms
2.5
Living area
4,240 sq ft
Lot
30.68 ac
Year built
1980
Type
Site-Built Home
Listed
August 28, 2026
MLS #
202635514

About this home

Welcome to Lost Creek Ranch, a truly one-of-a-kind retreat on 30.68 acres of beautiful wooded countryside and an exceptional equestrian amenities. A private drive leads to your own sanctuary surrounded by mature trees, abundant wildlife, two ponds, a tranquil creek, rolling terrain, pasture and trails throughout the property. At the heart of the ranch is a character-filled 4-bedroom log home with 4,240 square feet of finished living space. The kitchen features hickory cabinetry, pull-out lower drawers and a Jenn-Air gas range. Two Four Seasons rooms-one on the main level and one in the walk-out basement-offer year-round spaces to relax and enjoy the views. Hardwood floors, multiple fireplaces, a finished walk-out basement and whole-home generator add comfort and functionality. Equestrian amenities include a four-stall horse barn with water to each stall, tack room, wash station, hay loft with chutes, extensive storage, office and restroom. Riding trails, newer fencing, pasture and a loafing shed complete the setup. Enjoy golf cart rides to the ponds, wooded trails, wildlife from the porch or evenings around the outdoor gas fireplace. A finished garage, built-in storage, connected flex space with dedicated internet and a fully enclosed RV garage provide room for vehicles, hobbies, equipment and toys. Best of all, this privacy comes without feeling disconnected. Easy access to I-69 keeps Bloomington and Indianapolis within reach, while Nashville and Brown County's shops, restaurants, galleries and outdoor recreation are nearby. Lost Creek Ranch is more than a home with acreage-it is a rare opportunity to enjoy privacy, natural beauty, equestrian living and room to live life on your own terms.

Monthly payment estimate

$13,800/mo

Principal & interest
$12,453
Property taxes
$683
Homeowners insurance
$664
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Detached
Total rooms
11
Total area
4,240 sq ft
Finished area above grade
2,720 sq ft
Finished area below grade
1,520 sq ft
Main level
1,920 sq ft
Upper level
800 sq ft
Below grade total
1,520 sq ft
Bedrooms above grade
4
Full baths, main level
1
Full baths, upper level
1
Half baths, below grade
1
Basement
Walk-Out Basement, Finished
Flooring
Hardwood, Vinyl
Heating
Forced Air
Cooling
Central Air
Fireplaces
1
Fireplace features
Basement
Laundry
Main Level
Interior features
Walk-In Closet(s), Detector-Smoke

Exterior & parking

Construction
Log
Foundation
Poured Concrete
Garage spaces
2
Attached garage
No
Garage type
Detached
Garage sq ft
1,120 sq ft
Private pool
No
Other structures
Outbuilding
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Water View, Wooded
Lot size (acres)
30.68 ac
Lot dimensions
1156x1156
County
Johnson County
Township
Union
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Union
Middle school
Franklin
High school
Franklin
School district
Franklin Community School Corp.

Taxes & terms

Annual taxes
$8,192
Tax year
2025
Listing terms
Conventional, USDA Loan, VA
Possession
At Closing
Parcel number
41-09-19-034-020.000-036

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Kitchen Exhaust Hood,Oven-Gas,Range-Gas,Water Heater Gas

Utilities

Water
Well
Well
Private
Sewer
Septic Tank

Income & commercial

Gas meters
19

Location

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$2,275,000

4 beds · 2.5 baths