$275,000
NEW CONSTRUCTION $7K PRICE DROP

12517 Timber Creek Dr Unit 2 Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated payment $1,809/month

Total Views 13,853
2 Beds
2 Baths
1,070 Sq Ft
$257 Price per Sq Ft

Highlights

  • Fitness Center
  • New Construction
  • Pond View
  • Carmel Elementary School Rated A
  • Home fronts a pond
  • Midcentury Modern Architecture

About This Home

Unique opportunity to own a brand-new 2025 built 2 bedroom / 2 bath condo with a private terrace overlooking the lake! This building was just completed this month. Located on the first floor with direct access to outdoor living, this home combines comfort, style, and convenience. Prime location: just minutes from downtown, walking distance to a top-rated school, the local Farmers Market, and the Monon Trail for biking and walking. Private garage for 1 car located right across from the entrance. Bright and spacious floor plan with floor-to-ceiling windows leading to your lakefront terrace. Designer kitchen with high-end cabinetry, soft-close drawers, and granite countertops. Primary suite with large walk-in tiled shower and glass shower door. Guest bathroom with tub/shower combo. Walk-in closets with custom storage system. Full stainless steel appliance package (refrigerator, stove, microwave, dishwasher, washer & dryer). All mechanicals, appliances, windows, and finishes are brand new and under warranty. Community amenities include: Resort-style swimming pool Fitness center and spa Elegant clubhouse available for private events and gatherings Perfect for those seeking lakefront living with modern comforts and an active community lifestyle. Appliances include stainless-steel refrigerator, s/s microwave, s/s electric stove, s/s dishwasher. Everything is warrantied. This community features a community pool, clubhouse with small gym, has very low monthly HOA fees and is located near the Monon and only a bike ride away from Midtown, the Palladium and the Arts district. This unit comes with a builder's warranty, and everything in the unit is new and warranted (including the HVAC, water heater, windows and all appliances).

Listing Agent

Joshua Vida

Paradigm Realty Solutions License #RB14030173 Listed on: 09/15/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Home fronts a pond
  • 1 Common Wall

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Paddle Fans
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Storage
  • Pond Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Carmel High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 290936005014000018 / 605
  • Assessor Parcel Number 290936005014000018

Community Details

Overview

  • Association fees include home owners, clubhouse, common cable, common cooling, common heat, sewer, exercise room, insurance, irrigation, lawncare, tennis court(s)
  • Association Phone (317) 915-0400
  • Timber Creek Subdivision
  • Property managed by Timber Crk
  • The community has rules related to covenants, conditions, and restrictions
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,210

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$256 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Mid-Century Modern, Split Level, Traditional
  • Builder Name: Michaels Corp
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2024
  • Year Built: 2025
  • Building Area Total: 1070
  • Entry Level: 1
  • Garage Y N: Yes
  • Lot Size Acres: 0.03
  • Subdivision Name: Timber Creek
  • Inspection Warranties: Warranty Builders,Warranty Homebuyers
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Other/See Remarks
  • F H A Certified: No
  • Special Features: NewHome

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Storage, Walk-In Closet(s)
  • Living Area: 1070
  • Spa Y N: No
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1070
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Galley,Kitchen Updated
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Wood Siding
  • Direction Faces: West
  • Exterior Features: Balcony, Tennis Court(s)
  • Foundation Details: Slab
  • Other Structures: Pool House
  • Patio And Porch Features: Patio, Porch
  • Pool Private Y N: No
  • Property Condition: New Construction
  • View: Pond
  • View Y N: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Asphalt
  • Garage Parking Other: Assigned Parking Outside

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Laundry Room
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Cable TV, Exercise Course, Fitness Center, Insurance, Tennis Court(s), Pond Year Round, Sauna, Trash, Water, Parking, Meeting Room
  • Association Fee: 256
  • Association Fee Frequency: Monthly
  • Association Phone: 317-915-0400
  • Association YN: Yes
  • Community Features: Clubhouse, Fitness Center, Lake, Pool, Restaurant, Sidewalks, Tennis Court(s)
  • Management Company Name: Timber Crk
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Ground Level,Other/See Remarks
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Association Home Owners, Clubhouse, Common Cable, Common Cooling, Common Heat, Sewer, Entrance Common, Exercise Room, Insurance, Irrigation, Lawncare, Tennis Court(s)

Lot Info

  • Lot Features: Close to Clubhouse, Not Applicable
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 1307
  • Parcel Number: 290936005014000018
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1210
  • Tax Block: 605
  • Tax Lot: 290936005014000018
  • Semi Annual Property Tax Amt: 605
  • Tax Exemption: None

MLS Schools

  • High School: Carmel High School

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $605 $61,200 $61,200 --
2023 $620 $200,800 $30,000 $170,800
2022 $2,620 $163,400 $30,000 $133,400
2021 $2,620 $140,600 $30,000 $110,600
2020 $2,264 $108,500 $30,000 $78,500
2019 $2,158 $104,300 $18,600 $85,700
2018 $2,873 $94,000 $18,600 $75,400
2017 $2,669 $86,000 $18,600 $67,400
2016 $1,695 $82,000 $18,600 $63,400
2014 $1,560 $82,700 $18,600 $64,100
2013 $1,560 $82,700 $18,600 $64,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 Price Changed $275,000 -2.5% $257 / Sq Ft
09/15/2025 09/15/25 For Sale $282,000 -- $264 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22062747

MIBOR Broker Listing Cooperative®

APN: 29-09-36-005-014.000-018