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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 5832 E Mahalasville Road, ask any question about this home, or talk through what you should know about buying in Morgantown.

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ABOUT THIS HOME

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.

Listed by Natalie Latkowski· Mark Dietel Realty, LLC· MLS# 22082804
Recently SoldSold in 61 days

$625,000

$689,000

3Beds
2Baths
1,920Sq Ft

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 entertai...

Listed by Natalie Latkowski· Mark Dietel Realty, LLC· MLS# MBR22082804

1,920

Sq Ft

2003

Year Built

3

Bedrooms

2

Bathrooms

Key things to know

  • Sold 11% below list in 61 days
  • Fireplace
  • 4-car garage
  • 15.87-acre lot

Sold

$610,000

-$79,000 below list (-11.5%)

Closed
Apr 29, 2026
Listed at
$689,000
Sold
2 weeks ago
Sold in
61 days

Price history

  1. Sold$610,000

    Apr 29, 2026

  2. Price reduced$645,000 → $625,000

    Mar 13, 2026

  3. Listedat $689,000

    Feb 6, 2026

Comparative value

5 comps in this range

This home is 48% above median for similar nearby sales.

$370K$717KMedian $412K
$610K

FEATURES & AMENITIES

Interior

Attic AccessWalk-In Closet(s)

Exterior

BalconyOutdoor KitchenWater Feature Fountain

Climate

Heat: ElectricHeat: Forced AirCool: Central Air

THE FACTS

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

Price history

  • $689,000Listed· Feb 6, 2026

  • $625,000Reduced

    $64,000 (9.3% off original)

61 days on market

Layout

Main
326 rooms1,920 sq ft

Primary suite

Closet Walk in,Patio

Primary bath

Shower Stall Full

Schools

Nineveh-Hensley-Jackson United

  • Elementary

    Indian Creek Elementary School

  • Middle

    Indian Creek Middle School

  • High

    Indian Creek Sr High School

Neighborhood

  • Downtown Indianapolis29.9 mi
  • Zionsville Community HS42.2 mi
  • Carmel Central Park43.1 mi
  • Monon Trail (Carmel)43.2 mi
  • Carmel High School43.8 mi
  • IU Health North Hospital44.1 mi

PROPERTY DETAILS

Living Area

1,920 sq ft

Year Built

2003

Stories

One

Subdivision

No Subdivision

Bedrooms

3

Bathrooms

2 full

Garage

4 spaces

School District

Nineveh-Hensley-Jackson United

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