$365,000
SOLD DEC 3, 2025

403 Fairmount Dr Madison, IN 47250

3 Beds
2 Baths
1,982 Sq Ft
0.43 Acres

Recently Sold

$184 Per Sq Ft

6% Below List Price

76 Days on Market

Highlights

  • Panoramic View
  • Wood Burning Stove
  • First Floor Utility Room
  • Deck
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of December 2025

Location Location Location!!!! Beautiful 3-bedroom, 2-bath home with numerous updates throughout! Recent improvements include fresh interior paint, new wood flooring, new carpet in the family room, updated cabinet and door hardware, a new kitchen sink and faucet, and a new refrigerator. The inviting family room features stunning wood beams, an Amish-hewn fireplace mantle, and skylights that fill the space with natural light. Situated on a quiet, well-kept dead-end street, this home offers wonderful outdoor living. Enjoy a newly reinforced deck with fresh paint and updated lighting, beautifully refreshed landscaping, and tiered patio areas that provide breathtaking views of the Ohio River and historic downtown Madison, IN. Year round! Whether relaxing inside or entertaining outside, this property offers the feel of a getaway retreat—right at home.

Last Agent to Sell the Property

Nancy Sobeck

F.C. Tucker/Scott Lynch Group License #RB14035692 Listed on: 08/20/2025

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Maleha Motter

F.C. Tucker/Scott Lynch Group License #RB23000043

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 1979

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 130 x 145
  • Street terminates at a dead end
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • River
  • Panoramic
  • City Lights
  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Bi-Level Home
  • Poured Concrete

Interior Spaces

  • 1,982 Sq Ft Home
  • Skylights
  • 1 Fireplace
  • Wood Burning Stove
  • Thermal Windows
  • Window Screens
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room
  • Storage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Gas Grill
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 390835331015000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,903

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 1903
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Foundation: Poured Concrete
  • Legal Description: 011-02715-00 SW 1/4 35-4-10 & PT BLK FF S & L ADD 11-104-41.3&.4 & 11-113-5.1&. 2 403 FAIRMOUNT DR
  • Lot Dimensions: 130 x 145
  • Numof Fireplaces: 1
  • Parcel Number: 390835331015000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1982
  • Type: Bi Level
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1982.00
  • Appliances: Dishwasher, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: 1st Floor Utility, Added Storage, Bath Main, Family Room, Formal Dining Rm, Pantry, Skylights, Wood Stove
  • Lot Sq Ft: 18730.80
  • Sewer Type: Sewer
  • Total Sq Ft: 1982

Exterior Features

  • Exterior Features: Deck, Gas Grill Hookup, Landscaped, Paved Driveway, Porch, Screens, Thermopane Windows

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 0.4300
  • Lot Description: City Lights View, Dead End Street, Panoramic View, Park-Like View, River View, Scenic View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Dec 13, 2024
Sold by
Williams Suzanne B
Bought by
Karla Apple
Seller's Agent
John Demaree
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Nancy Sobeck
F.C. Tucker/Scott Lynch Group
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Views
178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.20%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $275,000 North Vernon Abstract Company,
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 Sold $365,000 -2.5% $184 / Sq Ft
11/04/2025 11/04/25 Pending -- -- --
09/12/2025 09/12/25 Price Changed $374,500 -3.9% $189 / Sq Ft
08/20/2025 08/20/25 For Sale $389,900 +44.4% $197 / Sq Ft
12/13/2024 12/13/24 Sold $270,000 -10.0% $136 / Sq Ft View Prior Sale
11/17/2024 11/17/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $299,900 0.0% $151 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $299,900 -7.7% $151 / Sq Ft
07/18/2024 07/18/24 Price Changed $325,000 -3.0% $164 / Sq Ft
06/19/2024 06/19/24 For Sale $334,900 -- $169 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $1,903 $190,300 $25,700 $164,600
2023 $1,903 $190,300 $25,700 $164,600
2022 $1,886 $188,600 $25,700 $162,900
2021 $1,753 $175,300 $25,700 $149,600
2020 $1,753 $175,300 $25,700 $149,600
2019 $1,671 $167,100 $25,700 $141,400
2018 $1,671 $167,100 $25,700 $141,400
2017 $1,660 $166,000 $25,700 $140,300
2016 $1,660 $166,000 $25,700 $140,300
2014 $1,483 $148,300 $25,700 $122,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2025010504

Southern Indiana REALTORS® Association

APN: 39-08-35-331-015-000-007