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12216 N Magnetic Acres St, Mooresville, IN, 46158

5beds
3baths
2,944sqft
$439,900
$149price/sqft
$2,840/moest. monthly cost
$113,600/yrincome needed

About This Home

Tucked away on just under two picturesque acres in Mooresville, this stunningly remodeled 5-bedroom, 3 full bathroom home offers the perfect blend of modern comfort and serene country living. Set back from the road, the property welcomes you with a sense of privacy and tranquility, creating your own peaceful retreat while still being conveniently located. Step inside and experience a beautifully refreshed interior where thoughtful design meets everyday functionality. The spacious floor plan flows effortlessly, showcasing updated finishes, inviting living spaces, and room to gather, entertain, or simply unwind. With five generously sized bedrooms and three full bathrooms, this home provides flexibility for growing families, guests, or a dedicated home office. Natural beauty surrounds you at every turn, highlighted by a tranquil lake view that adds a touch of everyday escape. Whether you're enjoying your morning coffee or winding down at sunset, the setting offers a sense of calm that's hard to find. Outside, the expansive acreage opens the door to endless possibilities-from outdoor entertaining and recreation to gardening or creating your dream outdoor oasis. With space, style, and a setting that feels miles away from it all, yet conveniently located to everything you could need, this move-in ready home truly has it all.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

4/10
4/10
Monrovia Middle SchoolGrades 6-83.1 mi
3/10
Monrovia High SchoolGrades 9-123.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1972

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick,Cement Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Oven,Refrigerator,Water Heater

Bedroom2

  • Level: Upper
  • Area: 143
  • Dimensions: 13 x 11

Bedroom3

  • Level: Upper
  • Area: 132
  • Dimensions: 11 x 12

Bedroom4

  • Level: Upper
  • Area: 132
  • Dimensions: 11 x 12

Bedroom5

  • Level: Main
  • Area: 240
  • Dimensions: 15 x 16

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Eat-in Kitchen,Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,944
  • Total interior livable area: 2,944 sqft

Kitchen

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 340
  • Dimensions: 20 x 17

Living Room

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 368
  • Dimensions: 16 x 23

Master Bedroom

  • Level: Upper
  • Area: 154
  • Dimensions: 11 x 14

Property

Details

  • Parcel number: 550133360004000016
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake

Lot

  • Lot size: 1.79 Acres
  • Features: Cul-De-Sac,Mature Trees

Parking

  • Parking features: Attached,Asphalt,Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Heat Wave
Inland Flooding
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,224$26,688
Home Insurance *$231$2,772
Property Taxes $116$1,392
Electricity $269$3,238
Total$2,840$34,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,371/yr
40% on housing$85,200/yr
45% on housing$75,733/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 46158$144
Morgan County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 46158$160
Morgan County$146

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Listed for sale$459,900
2017-06-27Sold$158,000
2017-05-05Pending sale$168,000
2017-04-06Price change$168,000
2017-02-28Price change$179,900
2016-11-25Price change$185,000
2016-07-16Price change$230,000
2016-05-11Price change$210,000
2016-04-16Listed for sale$230,000

For Sale by Agent

AgentMarissa Harris
BrokeragePriority Realty Group

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