NOT LISTED FOR SALE

424 S Mill St Fairmount, IN 46928

Estimated Value: $205,000 - $278,000

4 Beds
2 Baths
2,156 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $200,000 $93 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,368/month

6 Days on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Central Air

About This Home

As of October 2021

Welcome home! This house been nicely updated and has so much new to offer. New hot water heater, new furnace and A/C unit- all installed by Dudding. Garage has been updated to accommodate parking and also has bonus work space. There is also new roof, new electric panel, and countless updates throughout. Enjoy an open-concept and large primary bedroom on the main level. If you find yourself working or schooling from home, or just need a hobby room, you won't be disappointed in this main level bonus space. This house has been updated with several smart home features. You'll find functional simplicity with a smart thermostat, smart garage door opener, smart smoke and CO2 detector and full smart Samsung kitchen suite. The refrigerator serves as your hub and will allow you to connect to your other devices. Need to pre-heat the oven, but your hands are full? Simply say the word and let it take care of the rest. Did I mention this oven can air fry? This kitchen has everything you need. At the grocery store and can't remember if you need eggs? Simply take a peak inside your fridge from the comfort of your phone. Smart features not for you? Everything works with or without the smart features enabled. Do yourself a favor and check out this house!

Last Agent to Sell the Property

Sara Philippsen

Moving Real Estate Listed on: 08/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1887

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 62 x 132
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 27-10-29-302-126.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,519

Year Built

Built in 1887

Lot Details

8,276 Sq Ft Lot

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1887
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 24-02-373 LOT 18 HENLEYS 3RD ADD.
  • Parcel Number ID: 27-10-29-302-126.000-004
  • Platted: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2276
  • Total Finished Sq Ft: 2156
  • Above Grade Finished Sq Ft: 2156
  • Below Grade Sq Ft: 120
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Living Great Room: Dimensions: 31x15, On Level: Main
  • Kitchen: Dimensions: 16x14, On Level: Main
  • Dining Room: Dimensions: 8x14, On Level: Main
  • Family Room: Dimensions: 31x15, On Level: Main
  • Bedroom 1: Dimensions: 22x15, On Level: Main
  • Bedroom 2: Dimensions: 15x13, On Level: Upper
  • Bedroom 3: Dimensions: 14x11, On Level: Upper
  • Bedroom 4: Dimensions: 14x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 120

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 16x14
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx14, On Level: 10

Schools

  • Elementary School: Park

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 62 x 132
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 1519

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
Aug 25, 2021
Closed on
Oct 6, 2021
Sold by
Philippsen Thomas J and Philippsen Sara A
Bought by
Ratliff Presley S and Ratliff Justin S
Seller's Agent
Sara Philippsen
Moving Real Estate
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%
Current Estimated Value
$240,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,014
Avg. Annual Appreciation
4.25%
Original Mortgage
$170,000
Outstanding Balance
$153,332
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$86,682

Purchase Details

Listed on
Apr 29, 2020
Closed on
Apr 2, 2021
Sold by
Smith Michele M
Bought by
Philippsen Thomas J and Philippsen Sara A
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Sara Philippsen
Moving Real Estate
List Price
$74,900
Sold Price
$50,000
Premium/Discount to List
-$24,900
-33.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1415.34%
Original Mortgage
$72,000
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 4, 2007
Sold by
Shrout Luther and Shrout Deborah
Bought by
Kelsay Michele M and Moenssens Andre A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,275
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Callahan David W and Callahan Jodell
Bought by
Shrout Luther and Shrout Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ratliff Presley S $200,000 None Available
Philippsen Thomas J $50,000 None Available
Kelsay Michele M -- None Available
Shrout Luther $70,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratliff Presley S $170,000
Previous Owner Philippsen Thomas J $72,000
Previous Owner Kelsay Michele M $80,275
Previous Owner Shrout Luther $72,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2021 10/06/21 Sold $200,000 +5.3% $93 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $189,900 +279.8% $88 / Sq Ft
04/02/2021 04/02/21 Sold $50,000 -33.2% $23 / Sq Ft View Prior Sale
03/15/2021 03/15/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $74,900 +49.8% $35 / Sq Ft
02/01/2021 02/01/21 Off Market $50,000 -- --
01/04/2021 01/04/21 For Sale $74,900 +49.8% $35 / Sq Ft
01/01/2021 01/01/21 Off Market $50,000 -- --
04/29/2020 04/29/20 For Sale $74,900 -- $35 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,582 $195,100 $10,000 $185,100
2024 $1,582 $176,000 $10,000 $166,000
2023 $1,612 $172,900 $10,000 $162,900
2022 $1,585 $158,500 $8,800 $149,700
2021 $489 $81,400 $8,800 $72,600
2020 $1,519 $80,900 $8,800 $72,100
2019 $1,534 $81,400 $8,800 $72,600
2018 $1,570 $78,500 $8,400 $70,100
2017 $1,534 $76,700 $8,400 $68,300
2016 $1,353 $74,200 $8,400 $65,800
2014 $333 $72,500 $8,400 $64,100
2013 $333 $69,800 $8,400 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202135468

Indiana Regional MLS

APN: 27-10-29-302-126.000-004

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