$380,000
SOLD APR 15, 2025

3580 E 1100 S Fairmount, IN 46928

3 Beds
2 Baths
2,328 Sq Ft
2.71 Acres

Recently Sold

$163 Per Sq Ft

20% Below List Price

132 Days on Market

Highlights

  • Living Room with Fireplace
  • 1 Car Attached Garage
  • Level Lot
  • Balcony
  • Bar

About This Home

As of April 2025

Welcome to a one-of-a-kind living experience with this unique barn home. Nestled on a sprawling piece of land, this exceptional property not only features a stunning barn-style residence but also includes an additional home; offering an array of possibilities for living arrangements or rental opportunity. The barn boasts a main level entertainment area with a fully equipped bar, thoughtfully designed bathroom with built-in washer and dryer, and entry into the old milking barn. The open-concept second floor, with soaring ceilings, cedar walls, and exposed wooden beams exudes warmth and character. The large living space flows seamlessly to the newly renovated deck that offers a stunning view. The large loft, previously used for extra sleeping space, offers a blank canvas for you to craft an area that resonates with your unique needs. The home on the property, whether you envision it as a guest house, in-law suite, or rental property, offers a fully equipped kitchen, two comfortable living spaces, formal dining room, three cozy bedrooms and attached garage ensuring that your guests or tenants feel right at home. The property also boasts a three bay 30x60 garage and 8x15 animal shelter.

Last Agent to Sell the Property

Kaitlyn Kennedy

RE/MAX Real Estate Groups Brokerage Phone: 765-716-0341 Listed on: 09/19/2024

RE/MAX Real Estate Groups

Last Buyer's Agent

Alexis Johnson

Nicholson Realty 2.0 LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,062

Year Built

  • Built in 1900

Lot Details

  • 2.71 Acre Lot
  • Lot Dimensions are 310x375
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Cedar
  • Vinyl Construction Material
  • Limestone

Interior Spaces

  • 2,328 Sq Ft Home
  • 1.5-Story Property
  • Bar
  • Living Room with Fireplace
  • 2 Fireplaces
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Balcony

Schools

  • Summitville Elementary School
  • Madison Grant Middle School
  • Madison Grant High School

Utilities

  • Window Unit Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-15-03-100-006.001-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,062

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 125
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT N W NE SEC 3 2.71 A
  • Parcel Number ID: 27-15-03-100-006.001-034
  • Platted: Yes
  • Amenities: Balcony, Bar, Deck Open
  • Sp Lp Percent: 100
  • Year Taxes Payable: 25
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2328
  • Total Finished Sq Ft: 2328
  • Above Grade Finished Sq Ft: 2328
  • Price Per Sq Ft: 163.23
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x24, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 13x17, On Level: Main
  • Family Room: Dimensions: 15x17, On Level: Main
  • Bedroom 1: Dimensions: 17x10, On Level: Main
  • Bedroom 2: Dimensions: 14x8, On Level: Upper
  • Bedroom 3: Dimensions: 12x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Cedar, Vinyl, Limestone
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 30x60
  • Outbuilding2: Barn, Dimensions: 35x50, 1750

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 26x12
  • Garage Sq Ft: 312
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 310x375
  • Estimated Lot Sq Ft: 118048
  • Estimated Lot Size Acres: 2.71

Green Features

  • Energy Efficient: HVAC, Insulation

Tax Info

  • Annual Taxes: 2062.38

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
Sep 19, 2024
Closed on
Apr 15, 2025
Sold by
Wallace Seth T
Bought by
Nabors Jill
Seller's Agent
Kaitlyn Kennedy
RE/MAX Real Estate Groups
Buyer's Agent
Alexis Johnson
Nicholson Realty 2.0 LLC
List Price
$474,500
Sold Price
$380,000
Premium/Discount to List
-$94,500
-19.92%
Views
217
Current Estimated Value
$351,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,482
Avg. Annual Appreciation
-1.28%

Purchase Details

Closed on
Aug 30, 2021
Sold by
Wallace Greg and Wallace Sharon
Bought by
Wallace Seth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,700
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 23, 2018
Sold by
Wallace Gred and Wallace Sharon
Bought by
Wallace Gred and Wallace Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,095
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2007
Sold by
Charter One Bank
Bought by
Wallace Greg and Wallace Sharon

Purchase Details

Closed on
Feb 7, 2007
Sold by
Jackson Stephen L
Bought by
Charter One Bank N A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Special Warranty Deed -- None Available
Sheriffs Deed $87,067 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,700 Stand Alone Refi Refinance Of Original Loan
Previous Owner $216,095 Purchase Money Mortgage
Previous Owner $25,000 No Value Available
Previous Owner $148,533 Stand Alone Refi Refinance Of Original Loan
Previous Owner $96,836 Future Advance Clause Open End Mortgage
Previous Owner $63,750 Credit Line Revolving
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $380,000 0.0% $163 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
12/17/2024 12/17/24 Price Changed $380,000 -1.3% $163 / Sq Ft
10/08/2024 10/08/24 Price Changed $385,000 -13.3% $165 / Sq Ft
10/04/2024 10/04/24 Price Changed $444,000 -5.4% $191 / Sq Ft
09/26/2024 09/26/24 Price Changed $469,500 -1.1% $202 / Sq Ft
09/19/2024 09/19/24 For Sale $474,500 -- $204 / 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 $1,953 $166,000 $27,400 $138,600
2023 $2,025 $161,900 $27,300 $134,600
2022 $1,991 $147,500 $27,100 $120,400
2021 $1,806 $126,500 $24,700 $101,800
2020 $1,575 $123,800 $24,700 $99,100
2019 $1,498 $119,600 $24,800 $94,800
2018 $1,390 $112,900 $20,800 $92,100
2017 $1,317 $113,200 $21,000 $92,200
2016 $1,208 $108,900 $20,000 $88,900
2014 $1,058 $100,600 $20,100 $80,500
2013 $1,058 $99,800 $19,900 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202436349

Indiana Regional MLS

APN: 27-15-03-100-006.001-034