Yes, there is such a thing. It's made by Breyer's, and you can apparently get it many places, but not where I live. For a location near you, click here (you'll find it in the product list under "Fun & Indulgent," which, yes. Right on.).
It seems, simultaneously, like such a good and bad idea. In execution, it does not taste like fried ice cream, quite, but it does taste like all the components of fried ice cream (except heat), and that is really, really good.
And I left almost a quart and a half of it, along with some other pretty sweet things, in New Mexico. Hope my new friends Jen and Kim enjoy.