
Sheldon Barnes
For Sale — 5980 Pine Tree Lane, Morgantown, IN 461605980 Pine Tree Lane
Morgantown, Indiana 46160
No Subdivision
$1,600,000
Schedule a Showing3
Beds
4
Baths
3,600
Sq Ft
2022
Year Built
49.88
Acres
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ABOUT THIS HOME
ESCAPE to Your PRIVATE WOODED 50-Acre Sanctuary in Northern Brown County! Rarely do you find a property that offers both total SECLUSION and seamless CONVIENCE. Nestled at the end of a quiet dead-end road, this sprawling 50-acre estate welcomes you with a pristine pond and the serene sounds of a winding creek. Step inside this custom-built, 3,600 sq. ft. RANCH to find an interior that truly defies expectations. The heart of the home is a magnificent open-concept family room and beautiful kitchen, anchored by a stunning stone FIREPLACE, handcrafted cabinetry, and elegant granite countertops. The thoughtful floor plan features 2 PRIMARY SUITES on the MAIN LEVEL, plus a dedicated home office. Each bathroom styles a uniquely made vanity and sink. A favorite of the current owners, the SCREENED-IN BACK PORCH offers a front-row seat to local wildlife at all hours. The fully finished WALKOUT BASEMENT features a massive open living area, a kitchenette, and a private 3rd bedroom with a full bath-perfect for guests or a multi-generational setup. The oversized 2 car garage is 30'x22' w/9' ceiling and a 14'x8' bump out. The rustic 30x40 pole barn (with new siding/roof and an insulated workshop) sits on the hill overlooking the pond. The charming 15x15 "She-Shed" or guest house is insulated and already plumbed for a full bath. 40 acres of the woods is CLASSIFIED FOREST, allowing for much lower property taxes. PRIME LOCATION: 2 MINUTES TO SR135; 12 minutes to NASHILLE RESTAURANTS, SHOPS, DISTILLERIES, Brown County MUSIC CENTER, Brown County State Park; and JUST 20 minutes NORTH to TRAFALGAR; 25 minutes to LAKE LEMON; and commute to downtown Indy or the airport right at an hour.
Key things to know
- Two primary suites on main level
- Finished walkout basement with kitchenette and bedroom
- Screened-in back porch with wildlife views
- 50-acre estate with pond, creek, and classified forest
- Pole barn with insulated workshop and separate guest house
Monthly payment
Estimate · $1,600,000
$8,653/mo
≈ $8,516 principal & interest · $137 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $320,000 on a loan of $1,280,000.
Price history
- Listedat $1,600,000
Apr 23, 2026
Recent comparable sales

$800,000
3660 S Conservation Club Road
3bd · 3ba · 3,565 sqft
Sold Apr 2026

$665,000
9231 E Poynter Drive
3bd · 3ba · 2,849 sqft
Sold Dec 2025

$2,100,000
7258 N Richardson Drive
3bd · 4ba · 3,825 sqft
Sold Nov 2025

$530,000
5821 Bittersweet Road
3bd · 3ba · 3,100 sqft
Sold Oct 2025

$400,000
5307 S State Road 135
4bd · 4ba · 3,386 sqft
Sold Aug 2025
Comparative value
5 comps in this range
This home is 141% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$1,600,000Listed· Apr 23, 2026
12 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Suite,Tub Full with Shower
Schools
Brown County School Corporation
Elementary
Helmsburg Elementary School
Middle
Brown County Junior High
High
Brown County High School
Neighborhood
- Downtown Indianapolis33.9 mi
- Zionsville Community HS47.0 mi
- Monon Trail (Carmel)47.2 mi
- Carmel Central Park47.4 mi
- IU Health North Hospital47.9 mi
- Carmel High School47.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,600 sq ft
Year Built
2022
Stories
One
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
3 full, 1 half
Garage
2 spaces
School District
Brown County School Corporation
