NOT LISTED FOR SALE

12040 Somerset Way E Carmel, IN 46033

East Carmel Neighborhood

Estimated Value: $430,000 - $485,000

4 Beds
3 Baths
2,704 Sq Ft
$169/Sq Ft Est. Value

About This Home

This home is located at 12040 Somerset Way E, Carmel, IN 46033 and is currently estimated at $457,332, approximately $169 per square foot. 12040 Somerset Way E is a home located in Hamilton County with nearby schools including Woodbrook Elementary School, Clay Middle School, and Carmel High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2004
Sold by
Rau John F and Rau Joan
Bought by
Bowman Kevin D and Bowman Mary A
Current Estimated Value
$457,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$47,103
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$410,229
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bowman Kevin D -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Kevin D $100,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,164 $311,800 $128,000 $183,800
2023 $3,164 $309,600 $79,200 $230,400
2022 $2,950 $312,600 $79,200 $233,400
2021 $2,811 $253,700 $79,200 $174,500
2020 $2,878 $258,600 $79,200 $179,400
2019 $2,691 $246,500 $53,100 $193,400
2018 $2,579 $239,900 $53,100 $186,800
2017 $2,383 $225,700 $53,100 $172,600
2016 $2,194 $209,800 $53,100 $156,700
2014 $1,976 $205,000 $50,400 $154,600
2013 $1,976 $200,000 $50,400 $149,600
Source: Public Records

Map

Indiana Hamilton County Carmel 46033 East Carmel

12040 Somerset Way E, Carmel, IN

This home is located at 12040 Somerset Way E, Carmel, IN 46033 and is currently estimated at $457,332, approximately $169 per square foot. 12040 Somerset Way E is a home located in Hamilton County with nearby schools including Woodbrook Elementary School, Clay Middle School, and Carmel High School.

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