NOT LISTED FOR SALE

515 S Main St Fairmount, IN 46928

Estimated Value: $119,000 - $172,000

3 Beds
1.5 Baths
1,424 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 27, 2022

Last sale price $112,000 $79 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $892/month

5 Days on Market

Highlights

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

About This Home

As of December 2022

Here is your opportunity to own old style charm on Main Street of Fairmount. This two story diamond in the rough is waiting to be turned into a town beauty. You will love the hardwood floors, beautiful entryway, French doors, and multiple built-ins. The covered front porch, large back deck, and pleasant back yard will bring you many hours of joy. This home has a partial basement, a two car garage, storage shed, and small fenced in area in the back yard. This very special home is a rare find and will go fast.

Last Agent to Sell the Property

Gail Ford

J Meyer Real Estate Services, Inc Listed on: 11/21/2022

Last Buyer's Agent

Charmayne Saylors

F.C. Tucker Realty Center

F.C. Tucker Realty Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $529

Year Built

  • Built in 1920

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 55x132
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 27-10-29-303-016.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$529

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 102
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 24-04-769 LOT 28 HENLEY & BRUNTS 1 ST ADD.
  • Parcel Number ID: 27-10-29-303-016.000-004
  • Platted: Yes
  • Sp Lp Percent: 94.12
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2040
  • Total Finished Sq Ft: 1424
  • Above Grade Finished Sq Ft: 1424
  • Below Grade Sq Ft: 616
  • Price Per Sq Ft: 78.65
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Living Great Room: Dimensions: 14x12, On Level: Main
  • Kitchen: Dimensions: 9x13, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Extra Room: Study, Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Upper
  • Bedroom 2: Dimensions: 11x8, On Level: Upper
  • Bedroom 3: Dimensions: 12x8, On Level: Upper
  • Other Room1: Kitchen Nook, Dimensions: 7x6, On Level: Main
  • Other Room 2: Entryway, Dimensions: 14x9, On Level: Main
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 616

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: Shed, Dimensions: 12x8

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x22
  • Garage Sq Ft: 550
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx9, On Level: 11

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: Level
  • Lot Dimensions: 55x132
  • Estimated Lot Sq Ft: 7275
  • Estimated Lot Size Acres: 0.167

Tax Info

  • Annual Taxes: 528.67

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
Nov 21, 2022
Closed on
Dec 27, 2022
Sold by
Havens Virginia S
Bought by
Bretherton Adam Me
Seller's Agent
Gail Ford
J Meyer Real Estate Services, Inc
Buyer's Agent
Charmayne Saylors
F.C. Tucker Realty Center
List Price
$119,000
Sold Price
$112,000
Premium/Discount to List
-$7,000
-5.88%
Views
33
Current Estimated Value
$138,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,929
Avg. Annual Appreciation
6.69%
Original Mortgage
$89,600
Outstanding Balance
$87,299
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$46,019
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
Bretherton Adam Me -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bretherton Adam Me $89,600
Previous Owner Rudy John Wyatt $69,600
Previous Owner Havens Edwin $33,000
Previous Owner Havens Edwin $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold $112,000 -5.9% $79 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $119,000 -- $84 / 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 $1,632 $94,200 $8,900 $85,300
2023 $1,808 $97,400 $8,900 $88,500
2022 $469 $81,600 $7,800 $73,800
2021 $362 $70,200 $7,800 $62,400
2020 $302 $67,700 $7,800 $59,900
2019 $297 $66,600 $7,800 $58,800
2018 $300 $64,100 $7,400 $56,700
2017 $277 $62,500 $7,400 $55,100
2016 $234 $60,800 $7,400 $53,400
2014 $212 $58,100 $7,400 $50,700
2013 $212 $56,000 $7,400 $48,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202247600

Indiana Regional MLS

APN: 27-10-29-303-016.000-004