Active

Price cut: $9.9K (8/14)

$250,000

508 S Penn St, Fairmount, IN 46928

4beds

2,119sqft

$1,676/mo

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Single Family Residence

Built in 2015

0.3 Acres Lot

$248,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Modern comfortOriginal single-layer roofNewer mechanicals and appliancesUpdated flooringFresh paintBeautifully updatedTotal electric home

Move right into this beautifully updated, total electric home offering modern comfort and added space to enjoy both inside and out. Recent improvements include fresh paint, updated flooring, and newly built side and rear decks that create inviting areas for relaxing or entertaining. The additional lot to the south provides extra elbow room and enhances the property’s spacious feel, while the oversized backyard extends to the alley, offering excellent potential for a future detached garage or additional outdoor amenities. Built just 10 years ago, the home features newer mechanicals and appliances, all approximately 10 years old or newer, including the original single-layer roof. This well-maintained property combines move-in-ready convenience with room to grow and personalize.

86 days

327

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 4

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main
Area: 121
Dimensions: 11 x 11

Kitchen

Level: Main
Area: 165
Dimensions: 15 x 11

Living room

Level: Main
Area: 352
Dimensions: 22 x 16

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Disposal, Range/Oven Hook Up Elec, Dishwasher, Microwave, Refrigerator, Electric Range, Electric Water Heater
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup

Features

Ceiling Fan(s), Laminate Counters, Entrance Foyer, Open Floorplan, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite
Flooring: Carpet, Vinyl
Doors: Six Panel Doors
Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,119
Total interior livable area: 2,119 sqft
Finished area above ground: 2,119
Finished area below ground: 0

Video & virtual tour

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Property

Features

Levels: One
Stories: 1
Patio & porch: Deck, Porch Covered
Fencing: None

Lot

Size: 0.3 Acres
Dimensions: 100x132
Features: Level, City/Town/Suburb, Landscaped

Details

Additional structures: Shed
Parcel number: 271029403015.000004

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Stone, Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 2015

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Flg & Imp Co

Location

Region: Fairmount

Financial & listing details

Tax assessed value: $211,800
Annual tax amount: $1,529
Date on market: 5/28/2026
Listing terms: Cash,Conventional,FHA
Road surface type: Asphalt

Estimated market value

$248,200

$236,000 - $261,000

$1,712/mo

Price history

Date	Event	Price
8/14/2026	Price change	$250,000-3.8%
Source: IRMLS #202620340 Report a problem
7/16/2026	Price change	$259,900-3.7%
Source: IRMLS #202620340 Report a problem
6/14/2026	Price change	$269,900-3.3%
Source: IRMLS #202620340 Report a problem
5/28/2026	Listed for sale	$279,000
Source: IRMLS #202620340 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,499 -5.2%	$211,800 +10.5%
2024	$1,581 +2%	$191,700 -0.1%
2023	$1,550 -3.7%	$191,800 +9.2%
2022	$1,610 +3.5%	$175,600 +13.3%
2021	$1,555 +16%	$155,000 -1%
2020	$1,341 -1.7%	$156,600 +8.5%
2019	$1,363 +6.8%	$144,300 +2.7%
2018	$1,277 +18.6%	$140,500 +1%
2017	$1,076 +473.3%	$139,100 -0.9%
2016	$188 +12.2%	$140,400 +190.7%
2014	$167 +2.4%	$48,300 +0.2%
2013	$163 +12.2%	$48,200 +15.9%
2012	$146 -17.7%	$41,600 +4.8%
2011	$177 -1.4%	$39,700
2010	$180 +10.8%	$39,700 -5.7%
2009	$162 -13%	$42,100 -3.9%
2007	$186	$43,800