NOT LISTED FOR SALE

2480 W 900 S Fairmount, IN 46928

Estimated Value: $87,000 - $143,000

6 Beds
1 Bath
2,429 Sq Ft
$42/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $65,000 $27 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $592/month

5 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Lot Has A Rolling Slope

About This Home

As of April 2021

Here is your Fixer-Upper in the country. Make it your own. Great potential on 2.74 acres with large barn. No access/Must sign hold harmless agreement. Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition. Freddie Mac First Look Initiative runs through 4/7/2021. See HomeSteps for more details.

Last Agent to Sell the Property

Jason Wuertley

Point1 Realty Listed on: 03/19/2021

Co-Listed By

Courtney Cruzan

Point1 Realty

Last Buyer's Agent

Jason Wuertley

Point1 Realty Listed on: 03/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1900

Lot Details

  • 2.74 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-11-22-300-015.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Total Number of Rooms: 12
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E SD SW; SEC 22; 1.791A &; PT W/SD W SE; SEC 22; 0.95A
  • Parcel Number ID: 27-11-22-300-015.000-015
  • Platted: Yes
  • Sp Lp Percent: 130.26
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2429
  • Total Finished Sq Ft: 2429
  • Above Grade Finished Sq Ft: 2429
  • Price Per Sq Ft: 26.76
  • Basement Foundation: Crawl, Slab
  • Living Great Room: Dimensions: 23x13, On Level: Main
  • Dining Room: Dimensions: 17x12, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Upper
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Bedroom 4: Dimensions: 12x10, On Level: Upper
  • Bedroom 5: Dimensions: 11x9, On Level: Upper
  • Main Level Sq Ft: 1409
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Rolling
  • Estimated Lot Sq Ft: 119354
  • Estimated Lot Size Acres: 2.74

Tax Info

  • Annual Taxes: 935.04

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
Mar 19, 2021
Closed on
Apr 1, 2021
Sold by
Fhlm
Bought by
Gough Isaac
Seller's Agent
Jason Wuertley
Point1 Realty
Buyer's Agent
Jason Wuertley
Point1 Realty
List Price
$49,900
Sold Price
$65,000
Premium/Discount to List
$15,100
30.26%
Current Estimated Value
$102,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,935
Avg. Annual Appreciation
10.49%

Purchase Details

Closed on
Nov 13, 2020
Sold by
Lopez Aaron and Lopez Shannon M
Bought by
Fhlm

Purchase Details

Closed on
Feb 1, 2007
Sold by
Lopez Shannon
Bought by
Lopez Shannon Marie and Lopez Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,691
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 26, 2005
Sold by
Brooks Brian D
Bought by
Lopez Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
9.09%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Gough Isaac $65,000 None Available
Fhlm $98,500 None Available
Lopez Shannon Marie -- None Available
Lopez Shannon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Shannon Marie $22,691
Previous Owner Lopez Shannon Marie $98,500
Previous Owner Lopez Shannon $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $65,000 +30.3% $27 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $49,900 -- $21 / 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 $372 $35,800 $23,400 $12,400
2023 $533 $32,100 $13,000 $19,100
2022 $549 $173,400 $22,500 $150,900
2021 $1,988 $154,100 $22,500 $131,600
2020 $952 $147,800 $21,400 $126,400
2019 $961 $146,800 $22,600 $124,200
2018 $893 $139,400 $18,800 $120,600
2017 $752 $128,200 $18,800 $109,400
2016 $680 $128,200 $18,800 $109,400
2014 $641 $129,500 $18,800 $110,700
2013 $641 $126,600 $18,800 $107,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202108744

Indiana Regional MLS

APN: 27-11-22-300-015.000-015