2218 Fairmont Ave New Albany, IN 47150
Estimated payment $1,522/month
Highlights
- Very Popular Property
- Above Ground Pool
- First Floor Utility Room
- Second Kitchen
- Deck
- Formal Dining Room
About This Home
Investors take note! With a little vision and finishing touches, this property offers multiple possibilities. Make the needed repairs and enjoy a spacious five-bedroom, two-bathroom single family home with a finished basement, perfect for a growing family with plenty of living space and a fenced backyard featuring a three-year-old above-ground pool. Or, take advantage of the duplex potential with a separate back entry. The basement level includes two bedrooms, one bathroom, a kitchen, two living areas, and its own laundry. The upstairs offers three bedrooms, one bathroom, a formal dining room, large kitchen, separate laundry area, and a spacious living room with a gas fireplace. You could also choose to live upstairs and rent the basement for additional income. Finish what has been started and decide how you want to make this versatile property work for you. This property is being sold As Is. Sq ft & rm sz approx.
Listing Agent
Schuler Bauer Real Estate Services ERA Powered (N License #RB22000113 Listed on: 10/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,286
Year Built
- Built in 1948
Lot Details
- 0.28 Acre Lot
Parking
- 1 Car Garage
- Front Facing Garage
Home Design
- Block Foundation
Interior Spaces
- 2,952 Sq Ft Home
- 1-Story Property
- Living Quarters
- Built-in Bookshelves
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Formal Dining Room
- First Floor Utility Room
- Finished Basement
- Walk-Up Access
- Home Security System
Kitchen
- Second Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Above Ground Pool
- Deck
Utilities
- Forced Air Heating and Cooling System
- Gas Available
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 220504301015000008
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,710 | $205,200 | $16,200 | $189,000 |
| 2023 | $2,710 | $160,800 | $16,200 | $144,600 |
| 2022 | $1,646 | $157,600 | $16,200 | $141,400 |
| 2021 | $1,521 | $145,400 | $16,200 | $129,200 |
| 2020 | $1,527 | $145,600 | $16,200 | $129,400 |
| 2019 | $1,444 | $138,100 | $16,200 | $121,900 |
| 2018 | $1,297 | $124,900 | $16,200 | $108,700 |
| 2017 | $1,822 | $124,200 | $16,200 | $108,000 |
| 2016 | $1,815 | $117,000 | $16,200 | $100,800 |
| 2014 | $2,068 | $133,700 | $16,100 | $117,600 |
| 2013 | -- | $130,000 | $16,200 | $113,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $250,000 | +11.2% | $85 / Sq Ft | |
| 06/08/2023 06/08/23 | Sold | $224,900 | 0.0% | $76 / Sq Ft | View Prior Sale |
| 04/14/2023 04/14/23 | Pending | -- | -- | -- | |
| 04/14/2023 04/14/23 | Price Changed | $224,900 | +2.3% | $76 / Sq Ft | |
| 04/11/2023 04/11/23 | For Sale | $219,900 | 0.0% | $74 / Sq Ft | |
| 04/07/2023 04/07/23 | Pending | -- | -- | -- | |
| 04/04/2023 04/04/23 | For Sale | $219,900 | -2.2% | $74 / Sq Ft | |
| 03/13/2023 03/13/23 | Off Market | $224,900 | -- | -- | |
| 02/28/2023 02/28/23 | Pending | -- | -- | -- | |
| 02/27/2023 02/27/23 | Price Changed | $219,900 | -4.3% | $74 / Sq Ft | |
| 02/14/2023 02/14/23 | Price Changed | $229,900 | -8.0% | $78 / Sq Ft | |
| 02/07/2023 02/07/23 | Price Changed | $249,900 | -3.8% | $85 / Sq Ft | |
| 01/31/2023 01/31/23 | For Sale | $259,900 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $224,900 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $202,410 | New Conventional | |
| Previous Owner | $123,600 | New Conventional |
Source: Southern Indiana REALTORS® Association
MLS Number: 2025011518
APN: 22-05-04-301-015.000-008
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