NOT LISTED FOR SALE

422 Fairmount Ave Fairmount, IN 46928

Estimated Value: $187,000 - $213,000

4 Beds
2 Baths
1,560 Sq Ft
$131/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $198,000 $127 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,102/month

29 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Level Lot
  • Covered Deck

About This Home

As of October 2024

Charming 4-bedroom, 2-bath home on the outskirts of town with city utilities. Discover the perfect blend of country living and urban convenience with this home! This home is perfect for a growing family or those who love to entertain with having the large lot, new covered deck, and pole barn to tinker in or watch the game. This home combines the best of both worlds-the peacefulness of country life and the practicality of being close to city services. Come see for yourself!

Last Agent to Sell the Property

Jennifer Swanner

Nicholson Realty 2.0 LLC Brokerage Phone: 765-661-4821 Listed on: 09/12/2024

Last Buyer's Agent

Shannon Decker Young

House Hunters Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 1936

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 88x127
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,560 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Summitville Elementary School
  • Madison Grant Middle School
  • Madison Grant High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Covered Deck
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 27-10-29-402-143.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$528

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1936
  • Style: One and Half Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 24-08-1917 & 1918 LOTS 4 & 5 BLK 20 HUNTINGTON PK ADD.
  • Parcel Number ID: 27-10-29-402-143.000-004
  • Platted: Yes
  • Amenities: Cable Available, Deck Covered, Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1560
  • Total Finished Sq Ft: 1560
  • Above Grade Finished Sq Ft: 1560
  • Basement Foundation: Crawl
  • Fireplace: Wood Burning Stove
  • Living Great Room: Dimensions: 23x13, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 15x10, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Bedroom 4: Dimensions: 11x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Summitville

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 88x127
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26

Tax Info

  • Annual Taxes: 527.86
  • Exemptions: Homestead

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
Sep 12, 2024
Closed on
Oct 15, 2024
Sold by
Watson Johnathon D and Watson Taylor R
Bought by
Gray Joseph and Gray Tricia
Seller's Agent
Jennifer Swanner
Nicholson Realty 2.0 LLC
Buyer's Agent
Shannon Decker Young
House Hunters Real Estate LLC
List Price
$194,900
Sold Price
$198,000
Premium/Discount to List
$3,100
1.59%
Views
15
Current Estimated Value
$204,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,464
Avg. Annual Appreciation
2.69%
Original Mortgage
$198,000
Outstanding Balance
$195,918
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$8,546

Purchase Details

Closed on
Apr 9, 2021
Sold by
Watson Johnathon D
Bought by
Watson Johnathon D and Watson Taylor R

Purchase Details

Closed on
Oct 9, 2009
Sold by
Huston Mark D and Huston Cherie E
Bought by
Sexton Sherida
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 Buyer Sale Price Title Company
Gray Joseph $198,000 None Listed On Document
Watson Johnathon D -- None Available
Sexton Sherida $73,000 Sycamore Land Title
Sexton Sherida -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Joseph $198,000
Closed Sexton Sherida $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Sold $198,000 +1.6% $127 / Sq Ft
09/12/2024 09/12/24 For Sale $194,900 +297.8% $125 / Sq Ft
09/26/2014 09/26/14 Sold $49,000 -1.8% $47 / Sq Ft View Prior Sale
06/03/2014 06/03/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $49,900 -- $48 / 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 $399 $120,200 $12,400 $107,800
2023 $528 $88,900 $12,400 $76,500
2022 $454 $80,600 $11,300 $69,300
2021 $369 $71,300 $11,300 $60,000
2020 $322 $71,300 $11,300 $60,000
2019 $329 $65,000 $11,300 $53,700
2018 $357 $63,000 $11,300 $51,700
2017 $340 $62,500 $11,300 $51,200
2016 $307 $62,500 $11,300 $51,200
2014 $311 $61,200 $11,300 $49,900
2013 $311 $60,000 $11,300 $48,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202435325

Indiana Regional MLS

APN: 27-10-29-402-143.000-004