NOT LISTED FOR SALE

404 Fairmount Dr Madison, IN 47250

Estimated Value: $473,000 - $510,614

2 Beds
2 Baths
3,350 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $401,125 $120 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,886/month

Highlights

  • In Ground Pool
  • Open Floorplan
  • Cathedral Ceiling
  • River View
  • Deck
  • Covered Patio or Porch

About This Home

As of May 2021

One of a kind gem in Southern Indiana! This beautiful contemporary home with panoramic city and river views offers an open, light filled floor plan with separate living quarters on each end of the home. Updated kitchen and appliances, elevator, indoor pool and shower room, fireplace in great room, and a wrap around deck that leads to the terraced garden. Don' miss out on this unique offering!

Last Agent to Sell the Property

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 04/13/2021

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Tony Bilz

F.C. Tucker/Scott Lynch Group License #RB14029672

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1958

Lot Details

  • 2 Acre Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway
  • Off-Street Parking

Property Views

  • River
  • City Lights

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 3,350 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Open Floorplan
  • Living Quarters
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Gas Available
  • Natural Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 390835331019000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,528

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Improvements: 244100
  • Additional Parking: Off Street
  • Annual Tax: 3528
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block, Crawl Space
  • Land Assessment: 65500
  • Legal Description: 011-02965-00 5 PT SW1/4 35 4 10 1.787 =11-113-5 404 FAIRMOUNT DR
  • Numof Fireplaces: 1
  • Parcel Number: 390835331019000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 309600
  • Total Deduction Amnt: 124275
  • Total Finished Square Footage: 3350
  • Type: 1 Story
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space, Partial, Walkout
  • Above Grade Finished Sq Ft: 3350.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, Addl Living Qtrs, Bath Master, Built-In Bookcase, Cath/Vaul/Tray Ceil, Elevator, Family Room, Formal Dining Rm, Open Floor Plan, Skylights, Utility/Mud Room
  • Lot Sq Ft: 87120.00
  • Room Count: 6
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 3350
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Balcony, Covered Patio, Covered Porch, Deck, Paved Driveway, Pool - Inground, Stone, Wood

Garage/Parking

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

Utilities

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

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 2.0000
  • Lot Description: City Lights View, River View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 21, 2021
Sold by
Kraft Robert F
Bought by
Bruns Sandra G
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Tony Bilz
F.C. Tucker/Scott Lynch Group
List Price
$399,000
Sold Price
$401,125
Premium/Discount to List
$2,125
0.53%
Current Estimated Value
$493,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,279
Avg. Annual Appreciation
4.80%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bruns Sandra G $401,125 Madison Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $401,125 +0.5% $120 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $399,000 -- $119 / 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 $3,581 $325,500 $65,500 $260,000
2023 $3,803 $335,500 $65,500 $270,000
2022 $3,685 $332,600 $65,500 $267,100
2021 $3,532 $309,600 $65,500 $244,100
2020 $3,532 $309,600 $65,500 $244,100
2019 $3,528 $309,600 $65,500 $244,100
2018 $3,006 $260,000 $65,500 $194,500
2017 $2,601 $221,500 $65,500 $156,000
2016 $3,114 $264,800 $65,500 $199,300
2014 $3,106 $265,200 $65,500 $199,700
Source: Public Records

Agents Affiliated with this Home

  • Scott Lynch

    Seller's Agent in 2021

    Scott Lynch

    F.C. Tucker/Scott Lynch Group

    (812) 701-0081

    336 Total Sales

    Scott Lynch
    Section Image
  • Tony Bilz

    Buyer's Agent in 2021

    Tony Bilz

    F.C. Tucker/Scott Lynch Group

    (812) 701-7000

    174 Total Sales

    Tony Bilz
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202106832

Southern Indiana REALTORS® Association

APN: 39-08-35-331-019-000-007

Indiana Jefferson County Madison 47250

404 Fairmount Dr, Madison, IN

This home is located at 404 Fairmount Dr, Madison, IN 47250 since 13 April 2021 and is currently estimated at $493,404, approximately $147 per square foot. This property was built in 1958. 404 Fairmount Dr is a home located in Jefferson County with nearby schools including Madison Consolidated High School, Pope John Xxiii Elementary School, and Pope John Xxiii School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

Nearby Homes