NOT LISTED FOR SALE

505 W Third St Fairmount, IN 46928

Estimated Value: $141,000 - $173,000

4 Beds
2 Baths
1,680 Sq Ft
$94/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $135,000 $80 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $851/month

34 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Formal Dining Room
  • Wood Flooring
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of November 2024

Location! Location! Location! Prime corner in mature neighborhood in the heart of Fairmount. 4 Bedrooms & 2 Full Baths with spacious main living area & dining space. Kitchen comes equipped with appliances. Natural Hardwood Floors throughout most of home. Some newer style vinyl windows. Newer Metal Roof. Oversized 2 Car Attached Garage is extra deep (24x34) offering tons of storage! Chain link fenced yard. Offering Immediate Possession!

Last Agent to Sell the Property

Joe Schroder

RE/MAX Realty One Brokerage Phone: 765-454-7300 Listed on: 10/04/2024

RE/MAX Realty One

Last Buyer's Agent

Destiney Lawson

F.C. Tucker Fort Wayne

F.C. Tucker Fort Wayne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1958

Lot Details

  • 9,845 Sq Ft Lot
  • Lot Dimensions are 75x130
  • Property is Fully Fenced
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Metal Roof

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Crawl Space
  • Walkup Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer Hookup

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Hill Crest / Hillcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-10-30-103-038.000-004
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,027

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1958
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 24-09-2203 LOT 12 HILLCREST HOMES ADD SEC 2
  • Parcel Number ID: 27-10-30-103-038.000-004
  • Platted: Yes
  • Amenities: Attic-Walk-up, Cable Available, Cable Ready, Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Foyer Entry, Garage Door Opener, Natural Woodwork, Patio Covered, Porch Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1680
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 21x14, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 14x9, On Level: Main
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Bedroom 4: Dimensions: 11x10, On Level: Main
  • Main Level Sq Ft: 1680
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Metal
  • Outbuilding1: None
  • Fence: Full, Chain Link

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x34
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Fairmount Water
  • Cable Company: Spectrum

Schools

  • Elementary School: Park

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 75x130
  • Estimated Lot Sq Ft: 9845
  • Estimated Lot Size Acres: 0.226

Tax Info

  • Annual Taxes: 1027.32
  • 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
Oct 4, 2024
Closed on
Nov 14, 2024
Sold by
Turner Kyle A and Shonk Kyleigh P
Bought by
Lavy Jennifer
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Destiney Lawson
F.C. Tucker Fort Wayne
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Views
17
Current Estimated Value
$158,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,449
Avg. Annual Appreciation
13.85%
Original Mortgage
$132,554
Outstanding Balance
$131,283
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$25,834

Purchase Details

Listed on
Sep 23, 2017
Closed on
Nov 20, 2017
Sold by
Long William W and Long Sharon E
Bought by
Turner Kyle A
List Price
$109,900
Sold Price
$99,500
Premium/Discount to List
-$10,400
-9.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$100,505
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2000
Sold by
Not Provided
Bought by
Not Provided
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lavy Jennifer -- None Listed On Document
Turner Kyle A -- None Available
Not Provided -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavy Jennifer $132,554
Previous Owner Turner Kyle A $100,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2024 11/25/24 Sold $135,000 -9.9% $80 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $149,900 +50.7% $89 / Sq Ft
11/20/2017 11/20/17 Sold $99,500 -9.5% $59 / Sq Ft View Prior Sale
10/16/2017 10/16/17 Pending -- -- --
09/23/2017 09/23/17 For Sale $109,900 -- $65 / 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
2024 $347 $138,400 $20,000 $118,400
2023 $1,027 $127,600 $20,000 $107,600
2022 $999 $117,800 $18,600 $99,200
2021 $794 $101,400 $18,600 $82,800
2020 $631 $96,500 $18,600 $77,900
2019 $633 $96,500 $18,600 $77,900
2018 $581 $90,300 $18,600 $71,700
2017 $533 $88,900 $18,600 $70,300
2016 $441 $86,800 $18,600 $68,200
2014 $376 $82,700 $18,600 $64,100
2013 $376 $83,200 $18,600 $64,600
Source: Public Records

Agents Affiliated with this Home

  • Joe Schroder

    Seller's Agent in 2024

    Joe Schroder

    RE/MAX

    (765) 661-0327

    18 in this area

    689 Total Sales

    Joe Schroder
    Section Image
  • Destiney Lawson

    Buyer's Agent in 2024

    Destiney Lawson

    F.C. Tucker Fort Wayne

    (260) 702-5010

    1 in this area

    74 Total Sales

    Destiney Lawson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202438610

Indiana Regional MLS

APN: 27-10-30-104-038.000-004

Indiana Grant County Fairmount 46928

505 W Third St, Fairmount, IN

Not Listed for Sale

Detached

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