NOT LISTED FOR SALE

1040 E 1050 S Fairmount, IN 46928

Estimated Value: $191,000 - $279,000

3 Beds
2.5 Baths
2,358 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $87,500 $37 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,380/month

41 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of January 2014

NEW LISTING IN MADISON-GRANT AREA IN THE COUNTRY WITH OVER 2300 SQ. FT, LARGE ROOMS, 3 BEDROOMS, 2 BATHS, FRESH PAINT, PLUS 2 CAR GARAGE AT A GREAT PRICE. DON'T WAIT THIS ONE WON'T LAST LONG

Last Agent to Sell the Property

Linda Sparks

Point1 Realty Listed on: 09/03/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $406

Year Built

  • Built in 1959

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 145x208

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 2,358 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-10-32-300-015.000-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$406

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1959
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 1 FOX S-DIV
  • Parcel Number ID: 27-10-32-300-015.000-034
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric, Patio Open, Porch Covered
  • Special Features: None

Interior Features

  • Total Sq Ft: 2358
  • Total Finished Sq Ft: 2358
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x21
  • Kitchen: Dimensions: 10x21
  • Family Room: Dimensions: 12x26
  • Bedroom 1: Dimensions: 16x17
  • Bedroom 2: Dimensions: 13x15
  • Bedroom 3: Dimensions: 13x15
  • Other Room1: Dimensions: 12x17
  • Main Level Sq Ft: 2358

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x30

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well

Schools

  • School District: Madison-Grant United School Corp.

Lot Info

  • Lot Dimensions: 145X208
  • Estimated Lot Size Acres: 0.7

Tax Info

  • Annual Taxes: 406.42
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Jan 17, 2014
Sold by
Shindler Hugh Jay and Shindler Janet Elaine
Bought by
Mcgibbon Micah and Mcgibbon Elizabeth
Seller's Agent
Linda Sparks
Point1 Realty
List Price
$89,900
Sold Price
$87,500
Premium/Discount to List
-$2,400
-2.67%
Current Estimated Value
$232,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,131
Original Mortgage
$89,285
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcgibbon Micah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcgibbon Micah $15,000
Closed Mcgibbon Micah $99,200
Closed Mcgibbon Micah $89,285
Closed Shindler Hugh Jay $67,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $87,500 -2.7% $37 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $89,900 -- $38 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,285 $209,300 $45,400 $163,900
2023 $1,091 $189,600 $45,400 $144,200
2022 $854 $145,800 $19,800 $126,000
2021 $672 $123,300 $17,800 $105,500
2020 $560 $120,200 $17,800 $102,400
2019 $449 $106,400 $19,700 $86,700
2018 $376 $100,600 $16,800 $83,800
2017 $339 $100,900 $16,800 $84,100
2016 $295 $96,700 $16,100 $80,600
2014 $255 $91,800 $29,000 $62,800
2013 $255 $132,200 $34,100 $98,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Linda Sparks

    Point1 Realty

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Map

Source: Indiana Regional MLS

MLS Number: 745544

Indiana Regional MLS

APN: 27-10-32-300-015.000-034

Indiana Grant County Fairmount 46928

1040 E 1050 S, Fairmount, IN

This home is located at 1040 E 1050 S, Fairmount, IN 46928 since 03 September 2013 and is currently estimated at $234,569, approximately $99 per square foot. This property was built in 1959. 1040 E 1050 S is a home located in Grant County with nearby schools including Madison-Grant Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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