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New Construction Homes for Sale in Fairmount, IN

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    $20,000 Lot/Land

    407 S Penn St, Fairmount, IN 46928

    Investor and builder opportunity in Fairmount! This sale includes a lot, 134'x127'x273', featuring an existing home that is best suited for removal, allowing a fresh start for new construction or redevelopment.

    Paul Wyman The Wyman Group

    407 S Penn St, Fairmount, IN 46928

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Fairmount, IN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Fairmount, IN hold their value?
Yes, especially in fast-growing areas of Fairmount, IN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Fairmount, IN

Housing Trends

Median Sale Price
$184,900
Median Single Family Sale Price
$173,200
Average Price Per Sq Ft
$99
Number of Homes for Sale
6
Last 12 months Home Sales
15
Months of Supply
4.80
Median List Price
$184,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
37%
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