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Sold for $745,000 on 08/27/25
  • $745,000

    1050 Michigan Road, Madison, IN 47250

    7beds
    4,528sqft
    Single Family Residence
    Built in 1872
    3.62 Acres Lot
    $745,000 Zestimate®
    $165/sqft
    $3,567 Estimated rent

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    What's special

    This notable landmark Queen Anne Victorian home, best known as THE FAIRMOUNT HOUSE, sits eloquently at the top of Michigan Rd Hill, essentially in the center of Madison, IN. Some call it "The Castle on the hill". Offering amazing views of the Ohio River from the terrace lined w wrought iron fencing, and River views from inside the home, are just one of the incredible features this historic beauty possesses. The grounds alone are impressive as it admired by many passers by, perched on the hillside w almost 4 acres of private grounds, including a secluded inground pool oasis, a koi fish pond, a 3 bay carriage barn with loft, and an expansive field to roam and enjoy the peacefulness that is hard to find in the heart of a bustling small town. The house has impressive updates, yet retains its original flooring, doors, hardware, stained glass windows, fireplaces, and light fixtures. One of the most impressive features is the lighted newel post statue that greets you as you enter the staircase on the main level. It currently houses 6 (potentially 7) bedrooms and 3.5 baths. The beautiful slate roof and copper gutters were put on 6 years ago. The current owners have loved and enjoyed this home but have reached a point in their life where they are moving in a different direction and thus are offering it to a new owner to admire, love and enjoy! Pre-approval or proof of funds required before showings. Please do not drive up the driveway without an appointment as it is a private drive.

    Zillow last checked: 7 hours ago

    Listing updated: August 27, 2025 at 12:39pm

    Listed by:

    Jacqueline Greene,

    Coldwell Banker Harrell & Asso

    Bought with:

    Tasha Jenkins, RB21001100

    Century 21 River Valley

    Source: SIRA,MLS#: 202508014MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Description: Riverview,Flooring: Wood
    • Level: Second
    • Dimensions: 15.2 x 18.1
    Bedroom
    • Description: Flooring: Wood
    • Level: Second
    • Dimensions: 13.8 x 19.8
    Bedroom
    • Description: Flooring: Wood
    • Level: Second
    • Dimensions: 14 x 14.7
    Bedroom
    • Description: currently used as large dressing room,Flooring: Wood
    • Level: Second
    • Dimensions: 14.4 x 15.1
    Bedroom
    • Description: Flooring: Wood
    • Level: Third
    • Dimensions: 12.6 x 17.3
    Bedroom
    • Description: Flooring: Wood
    • Level: Third
    • Dimensions: 14.6 x 15.4
    Bedroom
    • Description: Flooring: Wood
    • Level: Third
    • Dimensions: 9.4 x 13.4
    Dining room
    • Description: Flooring: Wood
    • Level: First
    • Dimensions: 13.9 x 18.7
    Family room
    • Description: Riverview,Flooring: Wood
    • Level: First
    • Dimensions: 18.1 x 26.3
    Kitchen
    • Description: eat-in (original wood underneath),Flooring: Luxury Vinyl Plank
    • Level: First
    • Dimensions: 14.1 x 15.1
    Living room
    • Description: Flooring: Wood
    • Level: First
    • Dimensions: 13.8 x 20.8
    Other
    • Description: foyer,Flooring: Wood
    • Level: First
    • Dimensions: 8.3 x 22.8
    Other
    • Description: workout room,Flooring: Wood
    • Level: Third
    • Dimensions: 19.8 x 23.7
    Other
    • Description: sunroom; finished and climate controlled,Flooring: Wood
    • Level: First
    • Dimensions: 16.1 x 18.9
    Other
    • Description: utility room,Flooring: Wood
    • Level: Second
    • Dimensions: 7.1 x 9.2
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
    • Laundry: Laundry Room, Upper Level
    Features
    • Separate/Formal Dining Room, Eat-in Kitchen, Mud Room, Pantry, Split Bedrooms, Separate Shower, Utility Room, Window Treatments
    • Windows: Blinds, Screens, Thermal Windows
    • Basement: Full,Unfinished
    • Number of fireplaces: 6
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 4,528
    • Total interior livable area: 4,528 sqft
    • Finished area above ground: 4,528
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Garage
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Off Street
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Balcony, Covered, Patio, Porch
    • Exterior features: Balcony, Landscaping, Paved Driveway, Porch, Patio
    • Pool features: In Ground, Pool
    • Has view: Yes
    • View description: City, Panoramic, Pool, River, Scenic
    • Has water view: Yes
    • Water view: River
    Lot
    • Size: 3.62 Acres
    • Features: Secluded
    Details
    • Additional structures: Garage(s), Greenhouse
    • Parcel number: 390835223010001007
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Historic/Antique,Three Story
    • Property subtype: Single Family Residence
    Materials
    • Brick, Frame, Stone
    • Foundation: Stone
    • Roof: Slate
    Condition
    • New construction: No
    • Year built: 1872

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Connected, Public

    Community & neighborhood

    Location
    • Region: Madison

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Road surface type: Paved