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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Morgantown, Indiana and the rest of Hamilton County. Book a private tour of 2150 Echo Lake Lane, ask any question about this home, or talk through what you should know about buying in Morgantown.

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ABOUT THIS HOME

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.

Listed by Penny Scroggins· Bear Real Estate Sales, LLC· MLS# 22095872
Pending8 days on market

$580,000

2Beds
1.1Baths
1,560Sq Ft

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 immediat...

Listed by Penny Scroggins· Bear Real Estate Sales, LLC· MLS# MBR22095872

1,560

Sq Ft

1979

Year Built

2

Bedrooms

1.1

Bathrooms

Key things to know

  • Spa / hot tub
  • 2 fireplaces
  • Finished basement (520 sqft)
  • 4-car garage
  • 5-acre lot

Price history

  1. PendingAccepted offer

    Apr 25, 2026

  2. Listedat $580,000

    Apr 18, 2026

Comparative value

5 comps in this range

This home is 49% above median for similar nearby sales.

$60K$610KMedian $389K
$580K

FEATURES & AMENITIES

Interior

Hardwood FloorsHi-Speed Internet Availbl

Exterior

Fire Pit

Climate

Heat: BaseboardHeat: ZonedHeat: Heat PumpHeat: DuctlessHeat: OtherCool: Wall Unit(s)Cool: Other

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $580,000Listed· Apr 18, 2026

8 days on market

Layout

Main
2 rooms520 sq ft
Upper
212 rooms520 sq ft
Basement
1 rooms520 sq ft finished

Primary suite

Fireplace

Primary bath

Shower Stall Full

Schools

Brown County School Corporation

  • Middle

    Brown County Junior High

  • High

    Brown County High School

Neighborhood

  • Downtown Indianapolis36.2 mi
  • Zionsville Community HS49.0 mi
  • Monon Trail (Carmel)49.5 mi
  • Carmel Central Park49.6 mi
  • Carmel High School50.2 mi
  • IU Health North Hospital50.2 mi

PROPERTY DETAILS

Living Area

1,560 sq ft

Year Built

1979

Stories

Two

Subdivision

No Subdivision

Bedrooms

2

Bathrooms

1 full, 1 half

Garage

4 spaces

School District

Brown County School Corporation

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