$419,900

402 Fairmount Dr Madison, IN 47250

Estimated payment $2,376/month

3 Beds
2 Baths
2,986 Sq Ft
$141 Price per Sq Ft

Highlights

  • River View
  • Formal Dining Room
  • Fireplace
  • Covered Patio or Porch
  • 2 Car Garage
  • Eat-In Kitchen

About This Home

Beautifully maintained 3-bedroom, 2-bath home tucked into a ?????, park-like setting with mature trees and stunning views of the river and downtown Madison. Step inside to a warm, inviting entry that opens to a cozy family room featuring natural wood beams and a charming fireplace. A spacious living room offers the perfect gathering space and flows into a gallery-style eat-in kitchen overlooking the backyard, with access to a private dining room ideal for entertaining. All bedrooms are generously sized and filled with natural light, creating comfortable retreats throughout. The full basement with laundry provides excellent storage and endless potential for additional living space. Situated on a quiet dead-end street in one of Madison’s most desirable neighborhoods, this home offers the perfect blend of privacy, comfort, and scenic beauty—truly a must-see!

Listing Agent

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 03/24/2026

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 1962

Lot Details

  • 16,553 Sq Ft Lot
  • Street terminates at a dead end
  • Landscaped

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Property Views

  • River
  • Scenic Vista

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 2,986 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Fireplace
  • Blinds
  • Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 390835331014000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,002

Year Built

Built in 1962

Lot Details

0.38 Acres

Parking

2

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 2002
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block
  • Legal Description: 011-02963-00 PT SW1/4 34 4 10 .38 11-113-3 402 FAIRMOUNT DR
  • Out Buildings: Garage
  • Parcel Number: 390835331014000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2986
  • Type: 1 Story
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Finished, Partial, Walkout
  • Above Grade Finished Sq Ft: 1994.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Main, Blinds, Built-In Bookcase, Eat-In Kitchen, Family Room, Formal Dining Rm, Natural Wood Trim
  • Lot Sq Ft: 16552.80
  • Sewer Type: Sewer
  • Total Sq Ft: 2986

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Landscaped, Paved Driveway

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.3800
  • Lot Description: Dead End Street, River View, Scenic View
  • Zoning: Residential

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $1,986 $233,600 $19,500 $214,100
2024 $1,986 $198,600 $19,500 $179,100
2023 $1,986 $198,600 $19,500 $179,100
2022 $1,967 $196,700 $19,500 $177,200
2021 $1,818 $181,800 $19,500 $162,300
2020 $1,818 $181,800 $19,500 $162,300
2019 $1,708 $170,800 $19,500 $151,300
2018 $1,708 $170,800 $19,500 $151,300
2017 $1,683 $168,300 $19,500 $148,800
2016 $1,683 $168,300 $19,500 $148,800
2014 $1,555 $155,500 $19,500 $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2026 03/24/26 For Sale $419,900 -- $141 / Sq Ft
Source: Southern Indiana REALTORS® Association

Source: Southern Indiana REALTORS® Association

MLS Number: 202606884

Southern Indiana REALTORS® Association

APN: 39-08-35-331-014-000-007

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