$389,900

403 Fairmount Dr Madison, IN 47250

Estimated payment $2,283/month

Total Views 1,858
3 Beds
2 Baths
1,982 Sq Ft
$197 Price per Sq Ft

Highlights

  • Very Popular Property
  • Deck
  • 1 Fireplace
  • Panoramic View
  • Wood Burning Stove
  • First Floor Utility Room

About This Home

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.

Listing Agent

Nancy Sobeck

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

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

  • Improvements: 196800
  • Annual Tax: 1903
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Foundation: Poured Concrete
  • Land Assessment: 25700
  • 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: 222500
  • Total Deduction Amnt: 101363
  • 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 Master, Family Room, Formal Dining Rm, Pantry, Skylights, Wood Stove
  • Lot Sq Ft: 18730.80
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1982
  • Total Rooms: 8

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

Schools

  • School District: Madison Cons.

Lot Info

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

Map

Range of Values:

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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
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

Property History

Date Event Price Change Sq Ft Price
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
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

Purchase History

Date Type Sale Price Title Company
Deed $275,000 North Vernon Abstract Company,
Source: Public Records

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Source: Southern Indiana REALTORS® Association

MLS Number: 2025010504

Southern Indiana REALTORS® Association

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