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**An incredible opportunity to restore a custom brick ranch to its former beauty in the established Augusta Woods community!** Situated on nearly half an acre, this spacious home offers a desirable corner lot, peaceful pond views and a walkout basement with exceptional versatility. While the property needs significant TLC and updates, its thoughtful design, custom craftsmanship and generous living spaces provide a wonderful foundation for its next chapter. The main level features three bedrooms, inviting living spaces with vaulted ceilings and a gas fireplace, an open kitchen and dining area, and a sunroom with beautiful cherry hardwood floors. An expansive deck overlooks the backyard and pond, offering a picturesque setting for outdoor entertaining. Throughout the home, distinctive details including a tray ceiling in the primary suite, richly stained doors and custom woodwork speak to the quality and character of its original design. The expansive walkout lower level offers incredible flexibility with an additional bedroom, full bathroom, two bonus rooms, a second full kitchen and an oversized recreation/family room with concrete flooring and direct backyard access. This space presents wonderful possibilities for extended family, guests or multigenerational living. An oversized 30' x 30' two-car garage with attic storage adds even more functionality. The roof is believed to be approximately eight years old, while some mechanical systems and interior finishes will require attention. Seller may consider flooring credits. Cracked/missing windows in kitchen/sunroom are on order to be replaced. **For buyers with vision and a willingness to invest in improvements, this property offers a rare opportunity to bring new life to a home filled with custom details, generous spaces and tremendous potential.**
Property Type(s):
Single Family
| Last Updated | 10/30/2026 | Tract | Augusta Woods |
|---|---|---|---|
| Year Built | 2000 | Community | 5504 - Morgan - Madison |
| Garage Spaces | 2.0 | County | Morgan |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer |
| AREA | 5504 - Morgan - Madison |
| BASEMENT | Daylight, Exterior Entry, Finished, Sump Pump, Walk-Out Access, Yes |
| CONSTRUCTION | Brick |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | 200|Annually |
| INTERIOR | Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, In-Law Floorplan, Kitchen Island, Pantry, Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s) |
| LOT | 0.45 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Attached, Concrete, Garage Door Opener |
| STORIES | 1 |
| STYLE | Ranch, Traditional |
| SUBDIVISION | Augusta Woods |
| UTILITIES | Cable Available, Cable Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Public |
Location
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Listed with F.C. Tucker Company
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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