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Single Family ResidenceResidential
$757,386$224 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $650,000 on Aug 13, 2021

242 FAIRMOUNT DR

MADISON, IN 47250
4
Beds
1.5
Baths
3,387 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2.54 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$757K
$686K low$829K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$650,000 · Aug 13, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,262 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$456,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$78,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$377,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$389,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$456,200

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.39
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
20
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
81
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
78
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
15
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyJEFFERSON
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1985
Lot (acres)The size of the land the home sits on, from county records.2.54
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Gazebo

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lydia Middleton Elementary SchoolA+
Elementary · Grades PK–4 · 0.5 mi
M
Madison Consolidated Jr High SchoolB-
Middle · Grades 5–8 · 2.0 mi
H
Madison Consolidated High SchoolB-
High · Grades 9–12 · 2.2 mi

District: Madison Consolidated Schools

Neighborhood · ZIP 47250These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.113
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.155
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.40

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.22,372
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.98 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$58,715
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77,104
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

242 Fairmount Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the most valuable homes in Madison 47250
  • Costs more per square foot than 89% of homes in Madison 47250
  • Bigger than 96% of homes in Madison 47250
  • Has a bigger lot than 79% of homes in Madison 47250
  • Older than 79% of homes in Jefferson County

What homes are worth in Madison 47250

Each bar is how many homes fall in that price range. The marker is this home.

This home
$112K$649K

This home is worth more than almost all homes in Madison 47250.

How it measures up in Madison 47250

The dot is this home. The mark in the middle is the typical home in Madison 47250.

Estimated value$757,386
CheaperTypical $253,832Pricier

Pricier than almost all homes nearby

Price per ft²$224
CheaperTypical $169Pricier

Pricier than 89% of homes nearby

Living area3,387 ft²
SmallerTypical 1,512 ft²Bigger

Bigger than 96% of homes nearby

Lot size2.54 ac
SmallerTypical 0.39 acBigger

Bigger than 79% of homes nearby

Year built1940
OlderTypical 1970Newer

Newer than 26% of homes nearby

How 242 Fairmount Dr ranks against every home in each area.
MeasureThis homeMadison 47250Jefferson County
Estimated valuepricier than$757,386almost all homesalmost all homes
Price per ft²pricier than$22489% of homes89% of homes
Living areabigger than3,387 ft²96% of homes96% of homes
Lot sizebigger than2.54 ac79% of homes75% of homes
Year builtnewer than194026% of homes21% of homes

About 242 Fairmount Dr

How much is 242 Fairmount Dr, Madison, IN worth?

The TopHap Estimate for 242 Fairmount Dr, Madison, IN is $757,386 as of Aug 30, 2026. The likely range is $685,784 to $828,988. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 242 Fairmount Dr, Madison, IN last sell?

242 Fairmount Dr, Madison, IN last sold on Aug 13, 2021 for $650,000, according to the county's recorded deed.

How big is 242 Fairmount Dr, Madison, IN?

242 Fairmount Dr, Madison, IN has 4 bedrooms, 1.5 bathrooms, 3,387 square feet of living space and a 2.54-acre lot.

When was 242 Fairmount Dr, Madison, IN built?

242 Fairmount Dr, Madison, IN was built in 1940, making it 86 years old. The building has 2 stories.

What schools serve 242 Fairmount Dr, Madison, IN?

242 Fairmount Dr, Madison, IN is assigned to Lydia Middleton Elementary School (elementary), rated A+; Madison Consolidated Jr High School (middle), rated B-; Madison Consolidated High School (high), rated B-. All sit in Madison Consolidated Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 242 Fairmount Dr, Madison, IN compare to other homes in Madison 47250?

Among the 8,459 homes in Madison 47250, it is worth more than almost all of them ($757,386 against a typical $253,832), its price per square foot is higher than 89% of them ($224 against a typical $169), it is bigger than 96% of them (3,387 ft² against a typical 1,512 ft²), its lot is bigger than 79% of them (2.54 ac against a typical 0.39 ac) and it is newer than 26% of them (1940 against a typical 1970). Measured against all of Jefferson County, it is worth more than almost all homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 242 Fairmount Dr, Madison, IN?

The 2025 property tax bill for 242 Fairmount Dr, Madison, IN was $4,262. The county assessed it at $456,200.

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