NOT LISTED FOR SALE

112 W Second St Fairmount, IN 46928

Estimated Value: $75,000 - $138,000

2 Beds
1 Bath
1,033 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 24, 2019

Last sale price $39,900 $39 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $572/month

148 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 2-minute walk to James Dean Memorial Park
  • 1-Story Property
  • Level Lot

About This Home

As of September 2019

Cheaper than rent or a great investment opportunity, either way this property is filled with loads of potential. A porch ready for a swing, 2 bedrooms, family and dining room and a quaint kitchen, that would look great with a pub table and chairs. Some big ticket items have already been updated. The heating and cooling system, electrical wiring, water line and the windows have all been recently updated. The detached garage and storage shed offers extra storage space, if needed. With a little TLC this could be house could soon become your HOME!

Last Agent to Sell the Property

Craig Luthy

Nicholson Realty 2.0 LLC Listed on: 04/09/2019

Last Buyer's Agent

Cindy Korporal

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 48x132
  • Level Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,033 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Park Elementary School
  • Madison Grant Middle School
  • Madison Grant High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27-10-29-203-044.000-004

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 24-01-97&98 W END E 1/2 ;PT 16& W END E 1/2 LOT 17 BALDWINS 2ND ADD
  • Parcel Number ID: 27-10-29-203-044.000-004
  • Platted: Yes
  • Inside City Limits: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1033
  • Total Finished Sq Ft: 1033
  • Above Grade Finished Sq Ft: 1033
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 12x23, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Other Room1: Water heater, Dimensions: 7x4, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: Shed, Dimensions: 16x8

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx8, On Level: 9

Schools

  • Elementary School: Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 48x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 1012

MLS Schools

  • High School: Madison Grant
  • Middle School: Madison Grant
  • School District: Madison-Grant United School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Sep 24, 2019
Sold by
Pence James R
Bought by
Jeffries Dorie L
Seller's Agent
Craig Luthy
Nicholson Realty 2.0 LLC
Buyer's Agent
Cindy Korporal
RE/MAX Realty One
List Price
$44,900
Sold Price
$39,900
Premium/Discount to List
-$5,000
-11.14%
Current Estimated Value
$107,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,535
Avg. Annual Appreciation
17.17%
Original Mortgage
$40,303
Outstanding Balance
$35,229
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$72,206
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jeffries Dorie L $39,900 North American Title Company L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffries Dorie L $40,303
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2019 09/24/19 Sold $39,900 -11.1% $39 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $44,900 -- $43 / 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 $119 $74,000 $7,700 $66,300
2023 $115 $74,300 $7,700 $66,600
2022 $46 $67,400 $6,800 $60,600
2021 $5 $57,600 $6,800 $50,800
2020 $0 $55,800 $6,800 $49,000
2019 $0 $52,600 $6,800 $45,800
2018 $1,012 $50,600 $6,500 $44,100
2017 $990 $49,500 $6,500 $43,000
2016 $875 $48,000 $6,500 $41,500
2014 $850 $48,600 $6,500 $42,100
2013 $850 $46,800 $6,500 $40,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201912703

Indiana Regional MLS

APN: 27-10-29-203-044.000-004