Morgantown Homes with Finished Basement

Morgantown Homes with Finished Basement

Welcome to Morgantown, Indiana—a charming town that beautifully balances small-town warmth with modern conveniences. Nestled in the heart of Brown County, Morgantown is a hidden gem that boasts a rich history, a vibrant community, and stunning natural landscapes. With its picturesque scenery and friendly atmosphere, it’s no wonder that many are drawn to this quaint locale.

One of the standout features of homes in Morgantown is the availability of properties with finished basements. These versatile spaces provide endless possibilities for homeowners. Whether you envision a cozy family room, a home office, or a recreational area for entertaining friends, a finished basement can elevate your living experience. Imagine hosting movie nights or creating a personal gym, all within the comfort of your own home.

Morgantown is also known for its excellent schools, local parks, and a variety of recreational activities. The town's proximity to the beautiful Brown County State Park offers residents ample opportunities for hiking, biking, and enjoying the great outdoors. The community spirit is palpable, with local events and festivals that bring neighbors together, fostering a sense of belonging.

Whether you're a first-time homebuyer or looking to upgrade, Morgantown’s homes with finished basements provide not just extra space but also the chance to create your dream lifestyle. Explore the possibilities that await you in this delightful Indiana town, where your ideal home is just a visit away!

Newest Morgantown Homes with Finished Basement

$2,450,000
4 Beds 3 Baths
Welcome to Lost Creek Ranch! Experience the perfect blend of luxury, natural beauty, and equestrian living with this extraordinary 30+ acre estate. Tucked away in a serene setting, this one-of-a-kind property features a beautifully updated log cabin home, two stocked ponds, mature woods with winding trails, gently rolling hills, lush pastures, and a tranquil creek. With over $1.4 million in updates over the last eight years, every inch of this four-bedroom, three-bath home has been meticulously crafted for comfort and style. A private 700+ foot asphalt driveway leads you past the impressive 65x37 horse barn, complete with four stalls, a tack room, storage, office, hay loft with drop-down feeding system, and a horse watering system. A separate 53x14 barn offers ideal space for boats, RV storage, or additional equipment. As you approach the log home, you're welcomed by a peaceful covered porch and the soothing sound of a custom waterfall. Inside, soaring wood-beamed ceilings, rich hardwood floors, and warm wood finishes create a rustic yet elegant ambiance. The chef's kitchen features high-end granite countertops, a vented gas range, stainless steel appliances, and custom cabinetry. The expansive 39x14 four-season room offers breathtaking views of the ponds and forest beyond, perfect for year-round enjoyment. The main-level primary suite includes a luxurious spa-style bathroom, while three additional bedrooms and a loft upstairs provide ample space. The walk-out basement is ideal for entertaining, featuring a spacious 31x24 family room with fireplace and another 39x14 four-season room. A 20x12 bonus room off the garage is perfect for a mancave, home gym, or playroom. Professionally landscaped with exquisite stonework and retaining walls, the entire property is a retreat unlike any other. Whole home generator for peace of mind. Properties of this caliber are rarely available-don't miss your chance to own this private paradise.

7813 W 50 S, Morgantown

Listing courtesy of Steve Lew Real Estate Group, LLC.

$1,490,000
3 Beds 4 Baths
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.

5980 Pine Tree Lane, Morgantown

Listing courtesy of Keller Williams Indy Metro S.

$1,100,000
4 Beds 3 Baths
Cliff Creek Cabin tourist rental is approved for 10 guests and sits high on a cliff overlooking a meandering creek, rolling countryside and a horse barn with fenced-in pasture. Whether you're sipping morning coffee on one of the 3 decks, casting a line into the lake, or relaxing in the hot tub under the stars, you'll feel worlds away-yet you're just minutes from downtown Nashville and just over an hour to the Indianapolis airport. This 3-story cabin blends rustic charm with thoughtful design. Cathedral ceilings and an adobe-style fireplace lead to an open kitchen featuring granite countertops, a built-in butcher block, and a walk-in pantry. This opens to a dining area and patio doors which flow onto a wraparound deck, featuring a large hot tub and beautiful panoramic views. The Italian style main level bathroom offers a garden tub and is conveniently located near the main level bedroom. Upstairs, 2 generously sized bedrooms provide comfortable retreats, each with warm natural light, sitting areas, and an oversized bathroom with a garden tub and dual-head walk-in shower. Enter the finished walkout basement to find multiple spaces: a family room, game room with pool table, and a lounge area by a Brown County stone fireplace. Doors open to a lower deck, connecting to the upper decks for seamless indoor-outdoor living. One bedroom, a full bath, and a laundry room complete this space. Attached is a two-car garage. This property includes a 4 stall horse barn complete with water, electric and a fenced-in pasture, as well as horse and hiking trails that run throughout the property, including the original stagecoach trail from Chicago to Louisville. Water features include a small wildlife pond, creeks overflowing with geodes, and a spring fed fishing lake. The lake is stocked with varieties of bluegill and bass and has two docks: a large fishing dock and a zip line running dock for lots of summer fun! Offered turnkey, Cliff Creek Cabin is ready to welcome guests.

5998 Bear Creek Road, Morgantown

Listing courtesy of Carpenter Hills O'Brown.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative