502 W Second St, Fairmount, IN 46928 Property Records

Grant County property record for 502 W Second St, Fairmount, IN 46928

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,080 sqft · built 1956
Lot Size	0.206 acres (8,970 sqft)
Owner	Individual Name on File
Last Sale	$76,500 (Aug 2005)
Tax Bill	$732 (2025)
Deeds & Mortgages	Nov 2017 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`024-03006-10`

Property Details

APN / Parcel Number

Primary APN	`024-03006-10`
Alternative APNs	`27-10-30-104-047.000-004` `1030-104-047.000-24` `00001097061`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,080 sqft Living Area
1st Floor Area	1,080 sqft

Exterior

Year Built	Built 1956
Effective Year Built	Effective 1979
Construction Type	Wood
Foundation Type	No Foundation
Roof Material	Other
Lot Area	8,970 sqft (0.206 acres)
Lot Dimensions	130 ft deep x 69 ft wide
Garage Type	Attached
Garage Area	459 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Heating System	Central
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Account Number	00001097061
Street Address	502 W SECOND ST
City	FAIRMOUNT
State	IN
Zip	46928-1612
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	24-03-540.07 LOT 8 HILLCREST HOMES S-DIV SEC 1 MP 1030-104-047.000
Legal Subdivision	HILLCREST HOMES S-DIV
Legal Lot Number	8
Jurisdiction	GRANT IN
Township / Civil Division	FAIRMOUNT
Census Block Group	2
Census Block	2021
Census Tract	10300

Owner

502 W Second St is owned and occupied by an individual who bought it in August 2005.

Source: Grant County records, as of June 22, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on File
Mailing Address	106 W NORTH A ST, GAS CITY, IN 46933-1432
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 19, 2005 · Amount on File
Deed Sale	Aug 19, 2005 · Amount on File
Deed Document Number	20058541
Prior Transfer Date	Aug 12, 2005
Prior Transfer Doc	2005008541
Record Updated	Sep 20, 2026

November 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	GRANT IN
Recording Date	Nov 9, 2017
Property Address	502 W SECOND ST, FAIRMOUNT, IN 46928-1612
Document Number	2017008435
Instrument Date	Oct 20, 2017
Instrument	2017-008435
Transaction Type	Transfer
Record Updated	Jun 9, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	502 W SECOND ST, FAIRMOUNT, IN 46928-1612

Mortgage

Document Number	2017008436
Date	Nov 8, 2017
Instrument	2017-008436

Lender

Name	INDIANA MEMBERS CU
Type	Credit Union
Address	INDIANAPOLIS, IN 46240

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Nov 1, 2047

Tax Assessment & Valuation

The 2025 property tax bill for 502 W Second St was $732 with a homeowner's exemption, down 0.9% from the year before.

Source: Grant County assessment roll, as of June 22, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Grant County
County Subdivision	Fairmount Township
Municipality	Fairmount Town
Unified School District	Madison-Grant United School Corporation (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$732.00 (-0.95%) Homeowner's exemption	$111,300 Land $18,400 Building $92,900	$111,300 Land $18,400 Building $92,900
2024	$739.00 (+32.68%)
2023	$557.00 (+9.65%)	$91,200 (+8.19%) Land $18,400 Building $72,800	$91,200 (+8.19%) Land $18,400 Building $72,800
2022	$508.00	$84,300 Land $17,100 Building $67,200	$84,300 Land $17,100 Building $67,200

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 502 W Second St in Zone X, an area of minimal flood risk, though there have been 7 flood claims nearby since 1985.

Source: FEMA National Flood Hazard Layer, effective October 29, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force
Nearby Flood Claims	7 (1985–2013)
Claims Outside the SFHA	1 of 7
Most Recent Claim	Apr 2013 · rainfall accumulation
Claims by Event	Severe Storms, Tornadoes, And Flooding, Jul 2003 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 502 W Second St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	FAIRMOUNT WATER WORKS serves 2,756 people · EPA ID IN5227005
Water Source	Groundwater
Last State Inspection	Mar 2026
Lead	1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 331 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30

May also be available: Good Connections, Mercury Fiber, Spectrum.

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