NOT LISTED FOR SALE

5511 W 1000 S Fairmount, IN 46928

Estimated Value: $190,000 - $415,725

3 Beds
2 Baths
1,568 Sq Ft
$171/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $250,000 $159 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,469/month

161 Days on Market

Highlights

  • 41.14 Acre Lot
  • Pole Barn
  • Agricultural

About This Home

As of January 2020

32 x 40 pole barn with concrete floor and an older farm barn. 18.54 tillable acres, 21 acres of woods, 1.25 acres of buildings and barns. This property has endless possibilities. Perfect for mushroom hunting and for the avid Deer hunter and outdoorsman. 3 Bedroom, 2 Bath open concept maufactured home also on the property with 1568 square feet.

Last Agent to Sell the Property

Shannon Decker Young

House Hunters Real Estate LLC Listed on: 07/24/2019

Last Buyer's Agent

Shannon Decker Young

House Hunters Real Estate LLC Listed on: 07/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $978

Lot Details

  • 41.14 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Subdivision Possible

Parking

  • Gravel Driveway

Schools

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

Utilities

  • Propane
  • Well
  • Septic System

Additional Features

  • Pole Barn
  • Agricultural
  • Mobile Home Allowed

Listing and Financial Details

  • Assessor Parcel Number 27-11-31-200-003.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$978

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: 10-02-453.02 E SD NE SEC 31 10 A 10-02-453.03 PT E NW SEC 31 31.14 A
  • Parcel Number ID: 27-11-31-200-003.000-015
  • Platted: Yes
  • Location: Rural
  • Parcel Id2: 271131200002001015
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 94.34
  • Parcel Description: Irregular, Partially Wooded
  • Type of Sale: Estate Sale
  • Can Be Subdivided: Yes
  • Miscellaneous: Easy Access to Interstate, Mobile Hme/Manfct Allowed
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: South
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential
  • County Zoning: Unknown
  • Year Taxes Payable: 2018/2019
  • Special Features: None

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking: Gravel

Utilities

  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Electricity Type: Available
  • Fuel Type: Propane
  • Sewer Type: Septic

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 Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 1792058
  • Estimated Lot Size Acres: 41.14
  • Land Features: Barn, House, Pole Barn

Tax Info

  • Annual Taxes: 977.62

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

Closed on
Mar 18, 2025
Sold by
Jackson Jordan Robert
Bought by
Jackson Jordan Robert and Jackson Ashley Lynn
Current Estimated Value
$256,127

Purchase Details

Listed on
Jul 24, 2019
Closed on
Jan 24, 2020
Sold by
Titus Edward D
Bought by
Robert Jackson Jordan
Seller's Agent
Shannon Decker Young
House Hunters Real Estate LLC
Buyer's Agent
Shannon Decker Young
House Hunters Real Estate LLC
List Price
$320,000
Sold Price
$250,000
Premium/Discount to List
-$70,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Interest Rate
3.6%

Purchase Details

Closed on
Apr 4, 2017
Sold by
Titus Edward Dale
Bought by
Titus Daniel Dale and Makinson Cindy L
Source: Public Records

Range of Values:

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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
Jackson Jordan Robert -- None Listed On Document
Robert Jackson Jordan $250,000 --
Titus Daniel Dale -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Jordan Robert $425,500
Previous Owner Jackson Jordan Robert $50,000
Previous Owner Robert Jackson Jordan --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $250,000 -5.7% $159 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
09/10/2019 09/10/19 Price Changed $265,000 -5.4% $169 / Sq Ft
08/08/2019 08/08/19 Price Changed $280,000 -12.5% $179 / Sq Ft
07/24/2019 07/24/19 For Sale $320,000 -- $204 / 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 $650 $106,300 $36,600 $69,700
2023 $609 $91,800 $33,100 $58,700
2022 $523 $83,700 $28,600 $55,100
2021 $538 $78,600 $26,700 $51,900
2020 $484 $75,800 $25,900 $49,900
2019 $206 $78,600 $28,500 $50,100
2018 $428 $75,200 $26,500 $48,700
2017 $434 $77,100 $28,700 $48,400
2016 $370 $78,100 $29,700 $48,400
2014 $331 $74,500 $28,700 $45,800
2013 $331 $71,800 $26,300 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201931654

Indiana Regional MLS

APN: 27-11-31-200-003.000-015