Investor and builder opportunity in Fairmount! This sale includes a lot, 134'x127'x273', featuring an existing home that is best suited for removal, allowing a fresh start for new construction or redevelopment.
Active
$20,000
407 S Penn St, Fairmount, IN 46928
--beds
--baths
1Square Feet
Residential Land
Built in ----
1 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Cleared build-ready spaceExisting home
- 308 days |
- 157 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Paul Wyman Cell:765-419-1021,
The Wyman Group
Source: IRMLS,MLS#: 202534776
Facts & features
Interior
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Fencing: None
Lot
- Size: 1 Square Feet
- Dimensions: 1x1
- Features: Irregular Lot, 0-2.9999, City Lot
Details
- Parcel number: 271029402135.000004
Utilities & green energy
- Utilities for property: Sewer Available, Electricity Available, Water Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Fairmount
Financial & listing details
- Tax assessed value: $3,000
- Annual tax amount: $2,754
- Date on market: 8/29/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,207/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Price change | $20,000-60% |
Source: | ||
| 9/29/2025 | Price change | $50,000-33.3% |
Source: | ||
| 8/29/2025 | Listed for sale | $75,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $52 -42.3% | $3,000 |
| 2024 | $90 +11.1% | $3,000 |
| 2023 | $81 | $3,000 +11.1% |
| 2022 | $81 | $2,700 |
| 2021 | $81 +12.5% | $2,700 |
| 2020 | $72 | $2,700 +12.5% |
| 2019 | $72 | $2,400 |
| 2018 | $72 +0.9% | $2,400 |
| 2017 | $71 -0.9% | $2,400 |
| 2016 | $72 +3.8% | $2,400 |
| 2014 | $69 -1.3% | $2,400 |
| 2013 | $70 +4.1% | $2,400 |
| 2012 | $68 -87.2% | $2,400 -87.4% |
| 2011 | $527 +0.5% | $19,000 |
| 2010 | $524 +2.9% | $19,000 |
| 2009 | $509 +63.2% | $19,000 +52% |
| 2007 | $312 | $12,500 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 46928
Nearby schools
GreatSchools rating
- 6/10Park Elementary SchoolGrades: 3-6Distance: 0.4 mi
- 4/10Madison-Grant High SchoolGrades: 7-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Park
- Middle: Madison Grant
- High: Madison Grant
- District: Madison-Grant United School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Grant County
- Fairmount
- 46928
- 407 S Penn St






