$189,900
- 5 Beds
- 3 Baths
- 1,936 Sq Ft
707 S Main St, Fairmount, IN 46928
Shannon Decker Young House Hunters Real Estate LLC
Frequently Asked Questions Why Live in Fairmount
Is Fairmount a good place to live?
Fairmount is a good place to live. Fairmount is considered somewhat walkable and somewhat bikeable. Fairmount has 1 park for recreational activities. It has a median age of 45. The average household income is $58,042 which is below the national average. College graduates make up 13.6% of residents. A majority of residents in Fairmount are home owners, with 24.8% of residents renting and 75.2% of residents owning their home. A local real estate agent serving Fairmount can help you decide if this neighborhood is the right one for you. Learn more on our Fairmount neighborhood guide.
How much do you need to make to afford a house in Fairmount?
The median home price in Fairmount is $187,400. If you put a 20% down payment of $37,500 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $41K a year to afford the median home price in Fairmount. The average household income in Fairmount is $58K.
What are the best public schools in Fairmount?
The best public schools that serve Fairmount are:
- Madison-Grant Junior/Senior High School has a B- Niche grade, a student teacher ratio of 14:1 and an average review score of 3.6.
- Park Elementary School has a C+ Niche grade and a student teacher ratio of 14:1.
What are the most popular zip codes in Fairmount, Fairmount, IN?
What are the most popular neighborhoods near Fairmount, Fairmount, IN?
The most popular neighborhoods near Fairmount, Fairmount, IN are College Park, Home Corner, Southeast Marion, South Marion and Frances Slocum.
