2403 Fairmont Ave New Albany, IN 47150
3
Beds
2
Baths
2,080
Sq Ft
3,615
Sq Ft Lot
Highlights
- Second Kitchen
- Covered Patio or Porch
- 1 Car Attached Garage
- Recreation Room
- First Floor Utility Room
- Home Security System
About This Home
As of July 2025Back on Market due to buyer financing. Investment Opportunity in Southern Indiana! Don't miss this versatile 2-story home featuring 3 bedrooms, 2 full bathrooms, two spacious kitchens, a large covered deck, and a one-car garage. The partially finished storage area is currently used as a heated entertainment space (not cooled), offering even more flexibility. Previously configured as a duplex, this home includes both interior and exterior access to each level. The inside staircase can easily be removed to restore duplex functionality. This property sits in a fantastic location between Charlestown Road and Grant Line Road. Offered AS IS – this is your chance to invest in a home with income potential and prime location! Schedule your private tour today before it's gone!
Last Agent to Sell the Property
Ward Realty Services License #RB23000856 Listed on: 04/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $983
Year Built
- Built in 1940
Lot Details
- 3,615 Sq Ft Lot
- Lot Dimensions are 29x125
Parking
- 1 Car Attached Garage
- On-Street Parking
Home Design
- Block Foundation
- Slab Foundation
- Frame Construction
Interior Spaces
- 2,080 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Family Room
- Recreation Room
- First Floor Utility Room
- Home Security System
Kitchen
- Second Kitchen
- Eat-In Kitchen
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Air
- Air Source Heat Pump
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 220504300833000008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
Jul 22, 2025
Sold by
Clark Sharlete L
Bought by
Bracho Albenis Parra
Seller's Agent
Tarrah Downey
Ward Realty Services
Buyer's Agent
Judith Gonzalez
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%
Total Days on Market
55
Views
109
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.94%
Original Mortgage
$175,000
Outstanding Balance
$175,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$5,664
Similar Homes in New Albany, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $175,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $175,000 | +3.0% | $84 / Sq Ft |
| 06/04/2025 06/04/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | For Sale | $169,900 | 0.0% | $82 / Sq Ft |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- |
| 04/29/2025 04/29/25 | For Sale | $169,900 | 0.0% | $82 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $169,900 | -- | $82 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Tax History Compared to Growth
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 | $521 | $107,400 | $10,600 | $96,800 |
| 2023 | $521 | $79,900 | $10,600 | $69,300 |
| 2022 | $597 | $78,700 | $10,600 | $68,100 |
| 2021 | $275 | $39,000 | $10,600 | $28,400 |
| 2020 | $265 | $39,000 | $10,600 | $28,400 |
| 2019 | $257 | $39,000 | $10,600 | $28,400 |
| 2018 | $253 | $38,700 | $10,600 | $28,100 |
| 2017 | $223 | $33,400 | $10,600 | $22,800 |
| 2016 | $1,231 | $47,600 | $10,600 | $37,000 |
| 2014 | $1,443 | $51,000 | $10,700 | $40,300 |
| 2013 | -- | $49,500 | $10,700 | $38,800 |
Source: Public Records
Agents Affiliated with this Home
-
Tarrah Downey
Seller's Agent in 2025
Tarrah Downey
Ward Realty Services
(502) 640-7378
1 in this area
5 Total Sales
-
Judith Gonzalez
J
Buyer's Agent in 2025
Judith Gonzalez
(502) 767-5658
3 in this area
97 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 202507155
APN: 22-05-04-300-833.000-008
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.
IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
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