NOT LISTED FOR SALE

406 N Main St Fairmount, IN 46928

Estimated Value: $170,000 - $277,000

4 Beds
1 Bath
2,496 Sq Ft
$82/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $114,900 $46 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,239/month

183 Days on Market

Highlights

  • Above Ground Pool
  • Corner Lot
  • Breakfast Bar
  • Wood Flooring
  • Double Pane Windows
  • 1-minute walk to James Dean Memorial Park

About This Home

As of June 2018

Don't miss out on owning a piece of Fairmount charm. Large 4 bedroom, 1 bath historic home on a corner lot with beautiful hardwood floors throughout. New kitchen & bath, spacious rooms on the main floor with a wood burning fireplace in the family room. 26 energy efficient windows have been installed along with new plumbing, wiring and new heating and cooling system that is 4 years old. Heat pump & gas furnace make for a winning combination in keeping things cool in the summer and warm in the winter. The beautiful winding staircase leads to a very nice and spacious landing. The unfinished basement provides total access to all utilities. An above ground pool and enclosed year round sun room make the perfect combination to enjoy those hot summer days. The backyard has a 30x30 (2 bed, 2 bath) mother-in-law quarters or income producing property. It has been wired, plumbed and has a new heating and cooling system as well. All you'll need to do is install drywall. Call for your personal showing today!

Last Agent to Sell the Property

Craig Luthy

Nicholson Realty 2.0 LLC Listed on: 10/03/2017

Last Buyer's Agent

Terri Fode

Austin Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 70x178
  • Wood Fence
  • Decorative Fence
  • Landscaped
  • Corner Lot
  • Historic Home

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

  • Park Elementary School
  • Madison Grant Middle School
  • Madison Grant High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • High-Efficiency Furnace
  • Heat Pump System
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Above Ground Pool
  • Suburban Location

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 27-10-29-204-037.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,674

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 98
  • Style: One and Half Story
  • Architectural Style: Historic
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 24-01-117 S 1/2 Pt Nw Sec 29; 0.28 A P/s |
  • Parcel Number ID: 27-10-29-204-037.000-004
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Countertops-Laminate, Deck Open, Landscaped, Tub/Shower Combination, Main Floor Laundry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2496
  • Total Finished Sq Ft: 2496
  • Above Grade Finished Sq Ft: 2496
  • Price Per Sq Ft: 46.03
  • Basement: Yes
  • Basement Foundation: Crawl, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 21x15, On Level: Main
  • Kitchen: Dimensions: 18x12, On Level: Main
  • Family Room: Dimensions: 27x15, On Level: Main
  • Extra Room: Sunroom, Dimensions: 10x15, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 15x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x14, On Level: Upper
  • Bedroom 4: Dimensions: 9x10, On Level: Upper
  • Main Level Sq Ft: 1514
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Masonite
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Studio, Dimensions: 30x30
  • Pool: Above Ground
  • Pool: Yes
  • Fence: Decorative, Wood

Utilities

  • Cooling: Central Air, Heat Pump, Window
  • Heating Fuel: Gas, Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Hvac: High Efficiency Furnace

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 70x178
  • Estimated Lot Sq Ft: 12545
  • Estimated Lot Size Acres: 0.288

Green Features

  • Energy Efficient: HVAC, Water Heater
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1674.44
  • Exemptions: Homestead, Mortgage

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
Oct 3, 2017
Closed on
Jun 25, 2018
Sold by
Shutt David I and Shutt Brandy L
Bought by
Little 2Nd Jan C
Seller's Agent
Craig Luthy
Nicholson Realty 2.0 LLC
Buyer's Agent
Terri Fode
Austin Realty
List Price
$124,000
Sold Price
$114,900
Premium/Discount to List
-$9,100
-7.34%
Current Estimated Value
$205,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,193
Avg. Annual Appreciation
8.67%
Original Mortgage
$114,900
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 3, 2017
Closed on
Jun 22, 2018
Sold by
Shutt
Bought by
Jan
Seller's Agent
Craig Luthy
Nicholson Realty 2.0 LLC
Buyer's Agent
Terri Fode
Austin Realty
List Price
$124,000
Sold Price
$114,900
Premium/Discount to List
-$9,100
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2003
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Mar 21, 2002
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Jan 10, 2002
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Jun 5, 2001
Sold by
Not Provided
Bought by
Not Provided
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Little 2Nd Jan C -- --
Jan $114,900 --
Not Provided $76,500 --
Not Provided $51,500 --
Not Provided $37,000 --
Not Provided $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Jan C $134,100
Closed Little Jan C $115,905
Closed Little 2Nd Jan C $114,900
Previous Owner Shutt David I $120,000
Previous Owner Shutt David I $108,000
Previous Owner Shutt David I $91,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $114,900 -7.3% $46 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
10/03/2017 10/03/17 For Sale $124,000 -- $50 / 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 $1,452 $205,400 $11,300 $194,100
2023 $1,790 $193,500 $11,300 $182,200
2022 $1,621 $176,400 $10,000 $166,400
2021 $1,353 $151,300 $10,000 $141,300
2020 $1,106 $145,900 $10,000 $135,900
2019 $1,090 $144,600 $10,000 $134,600
2018 $1,026 $139,900 $9,500 $130,400
2017 $1,503 $136,900 $9,500 $127,400
2016 $1,674 $153,600 $9,500 $144,100
2014 $1,845 $167,300 $10,600 $156,700
2013 $1,845 $161,700 $10,600 $151,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201745634

Indiana Regional MLS

APN: 27-10-29-204-037.000-004