NOT LISTED FOR SALE

722 S Main St Fairmount, IN 46928

Estimated Value: $116,000 - $156,000

4 Beds
2 Baths
1,998 Sq Ft
$66/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $58,000 $29 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $793/month

24 Days on Market

Highlights

  • Covered patio or porch
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Laundry in Utility Room
  • Property is Fully Fenced

About This Home

As of October 2020

Currently a Duplex that could be converted back into a large single family home. 3 Bedrooms down with large eat in kitchen, spacious living room. Walk in Closet. Utility room. Central Air. Bay Window, Covered back porch, fenced back yard. Off Street Parking. Some newer flooring downstairs. 1 Bedroom upstairs.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 1949

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 61x127
  • Property is Fully Fenced
  • Chain Link Fence
  • Irregular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,998 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, lawn maintenance
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 27-10-29-303-073.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$833

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1949
  • Age: 71
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 24-07-1480 LOT 383 FLG & IMP COS 3RD ADD
  • Parcel Number ID: 27-10-29-303-073.000-004
  • Platted: Yes
  • Amenities: Cable Available, Closet(s) Walk-in, Eat-In Kitchen, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.83
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 1000
  • Special Features: None

Interior Features

  • Total Sq Ft: 1998
  • Total Finished Sq Ft: 1998
  • Above Grade Finished Sq Ft: 1998
  • Price Per Sq Ft: 29.03
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof Material: Asphalt, Shingle
  • Fence: Full, Chain Link
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Water Company: Fairmount Water
  • Cable Company: Comcast, DirectTV, Dish Network
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1356
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Madison-Grant United School Corp.
  • Elementary School: Park
  • Middle School: Madison Grant
  • High School: Madison Grant

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 61X127
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Heating, Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 832.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2012
Sold by
Maynard Beth Ann
Bought by
Maynard Beth Ann
Current Estimated Value
$131,644
Source: Public Records

Range of Values:

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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
Maynard Beth Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Jeffrey L $91,575
Closed Maynard Beth A $37,175
Previous Owner Maynard Marion H $25,166
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $58,000 -3.2% $29 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $59,900 -- $30 / 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 $759 $109,400 $9,600 $99,800
2023 $644 $97,900 $9,600 $88,300
2022 $684 $91,700 $8,500 $83,200
2021 $1,581 $78,800 $8,500 $70,300
2020 $830 $44,200 $8,500 $35,700
2019 $833 $44,200 $8,500 $35,700
2018 $884 $44,200 $8,100 $36,100
2017 $884 $44,200 $8,100 $36,100
2016 $806 $44,200 $8,100 $36,100
2014 $773 $44,200 $8,100 $36,100
2013 $773 $50,200 $8,100 $42,100
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202037857

Indiana Regional MLS

APN: 27-10-29-303-073.000-004

Indiana Grant County Fairmount 46928

722 S Main St, Fairmount, IN

This home is located at 722 S Main St, Fairmount, IN 46928 since 18 September 2020 and is currently estimated at $131,644, approximately $65 per square foot. This property was built in 1949. 722 S Main St is a home located in Grant County with nearby schools including Madison-Grant Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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