Browse All Fairmount IN Under $200K Properties for Sale

3 Beds ⋅ 1 Baths ⋅ 202643039 MLS

Welcome to this charming 3-bedroom, 1-bath ranch in Fairmount! Featuring a new roof, new water heater, new sump pump, recently replaced sewer line from the home to the municipal sewer connection, and fresh paint, this home offers several significant updates for added peace of mind. Inside, you'll find a spacious living room, hardwood and laminate flooring, and an eat-in kitchen. Outside, the property features a covered front porch and a privacy-fenced backyard complete with a patio and firepit area, offering space for outdoor gatherings and entertaining. An attached garage and storage shed provide additional convenience. Situated in an established neighborhood within the Madison-Grant school district, this home offers small-town charm with convenient access to downtown Fairmount, local shops, and restaurants. Schedule your showing today!

405 N Hill St, Fairmount

$147,900

3 Beds ⋅ 1 Baths ⋅ 22131081 MLS

405 N Hill Street, Fairmount

$199,500

3 Beds ⋅ 2 Baths ⋅ 202642538 MLS

MOVE-IN READY 3-BEDROOM, 2-BATH HOME WITH MAJOR UPDATES!** Charming 3-bedroom, 2-full-bath home in Fairmount with 1,248 square feet of finished living space, a 2-car attached garage and numerous recent improvements. The roof was completely replaced in 2026 and covers the entire home, including the attached garage. The home also features **new flooring throughout and fresh interior paint**. The furnace and A/C were replaced in 2021 and include a washable filter. Built in **2003**, this home offers newer construction compared with many properties in the area. The bright, spacious eat-in kitchen provides ample cabinetry and workspace, with the existing appliances remaining. Additional cabinetry along the wall provides extra storage. The living room offers abundant natural light and convenient access to the yard through the side exterior door. All three bedrooms are generously sized with fresh paint, new carpet and excellent closet space. Two full bathrooms provide added convenience. The laundry room includes washer and dryer hookups. The spacious attached 2-car garage with garage opener provides excellent parking and storage and includes the water softener and hot water heater. Outside, the **39' x 132' lot** features attractive landscaping, a spacious backyard, and a storage shed. Major improvements include a **new 2026 roof over the entire home and garage, new flooring throughout, fresh interior paint, and 2021 furnace and A/C**. Property is being sold AS-IS; seller welcomes inspections. Proof of funds or pre-approval letter required with offers.

614 N Sycamore St, Fairmount

$50,000

202642395 MLS

Discover the perfect outdoor retreat with this 5-acre heavily wooded property located in the desirable Eastbrook School District! Offering plenty of privacy and natural beauty, this property is an ideal setting for hunting, recreational activities, or simply enjoying the peaceful outdoors. Whether you're looking for your own private hunting getaway or a secluded piece of land to call your own, this property offers endless possibilities! This will be surveyed off from ( 8591 E 1000 S, Fairmount)

E 1000 S ***, Fairmount

$45,000

3 Beds ⋅ 1 Baths ⋅ 202642379 MLS

Great investment opportunity! This 3-bedroom, 1-bath 1920s home sits on a spacious quarter-acre corner lot along a quiet dead-end street in Fairmount. Featuring 1,207 sq ft with exposed subfloors, main-level laundry, a full basement, and an attached 2-car garage, this home offers a solid canvas ready for your custom updates. Mechanics are already off to a great start with serviced HVAC, a brand-new basement sump pump, and new washer/dryer included. Property sold AS-IS

802 Henley Ave, Fairmount

$19,900

202636204 MLS

Looking for space to build or expand? This approximately 108' x 132' cleared lot offers a blank canvas for new construction, expansion, or a variety of creative uses. This property provides a unique opportunity for a builder, investor, or buyer looking for additional space in Fairmount.

407 S Penn St, Fairmount

$19,999

202636194 MLS

Know a builder or investor looking for an opportunity? This spacious lot measures approximately 134' x 127' x 273' and features an existing home best suited for removal. A great opportunity for new construction, redevelopment, or investment in Fairmount.

407 S Penn St, Fairmount

$184,900

2 Beds ⋅ 2 Baths ⋅ 202633910 MLS

Back on the market - Due to NO FAULT of the seller, Buyers contingency period was up. Motivated Seller!! Beautifully maintained home situated on a corner lot in Fairmount and packed with charm, updates, and curb appeal! From the moment you arrive, you'll notice the freshly painted exterior, attractive landscaping, and the cutest covered front porch. Step inside to a bright and spacious eat-in kitchen with appliances that remain, along with the additional cabinetry located along the wall. The living room offers plenty of natural light and features a newer exterior side door providing convenient access to the yard. Two spacious bedrooms have been freshly painted and offer great closet space. Both the full bathroom and half bath have been completely updated, and the laundry room is conveniently located at the back of the home with washer and dryer remaining. The 1-car attached garage features a second electric oven/range that was installed and will also remain with the property. Outside, enjoy a privacy-fenced backyard complete with a covered patio and newer storage shed, plus an asphalt driveway that was converted from gravel in 2024. This home has received numerous improvements over the years, including electrical upgrades, added attic insulation, a Lennox Elite furnace, Solace whole-home air-cleaning system, Navien on-demand tankless water heater, complete renovation of the full and half baths, exterior gutter system, new roof over the front porch, landscaping, a new Ducane central air-conditioning unit, and more. Transferable warranties are available on the furnace, Solace air cleaner, exterior gutter system/front porch roof, and Ducane central air unit. Property is being sold AS-IS; however, seller welcomes inspections. Please provide proof of funds or pre-approval letter with all offers. Buyer/Buyer's Agent to verify any/all measurements and schools. Please allow 48 hours on offer.

304 S Walnut St, Fairmount

$159,900

3 Beds ⋅ 2 Baths ⋅ 22084001 MLS

Come see this adorable home with tons of character where original features meets modern updates, just a few blocks from downtown Fairmount! Brand new 2 car garage, Pergola deck & mini barn with fenced back yard make it the perfect place for entertaining and storage. Beautiful original ornate wood front door opens up to large living room/office with original built ins and hardwood flooring. Living room also feature hardwood flooring. Large eat-in kitchen with island/bar w/lots of seating and tons of built ins. Newer windows, lighting, countertops, fence, backsplash, faucets, barn doors and bathrooms make this a perfect home in a quiet area.

313 N Mill Street, Fairmount

Start Your Search

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Under $200K Fairmount Real Estate

Our website features the best real estate search for under $200k properties available in Fairmount and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Browse All Fairmount IN Under $200K Properties for Sale

Under $200K Fairmount Real Estate

How much is your home worth?

How much is your home worth?