NOT LISTED FOR SALE

240 E Main St Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $877,000

4 Beds
4 Baths
-- Sq Ft
0.27 Acres

Last Sold July 20, 2017

Last sale price $465,000

Est. 89% increase in value since last sale

Current estimated payment $5,292/month

159 Days on Market

About This Home

As of July 2017

FABULOUS OPPORTUNITY LOCATED IN CARMEL'S POPULAR "ARTS & DESIGN" DISTRICT! CURRENTLY USED AS AN OFFICE + PHOTOGRAPHY STUDIO ON THE MAIN FLOOR + 2 APARTMENTS UPSTAIRS - PREVIOUSLY IT WAS 4 APARTMENTS - EXTENSIVELY RENOVATED + REMODELED IN 2008 - POSSIBLE USES: RETAIL OR OFFICE OR MULTI FAMILY OR OTHER COMMERCIAL USES OR CHURCH OR SCHOOL - ONLY ONE BLOCK FROM LIBRARY + HIGH SCHOOL + ELEMENTARY - TWO BLOCKS TO DOWNTOWN SHOPPING + RESTAURANTS

Last Agent to Sell the Property

Craig Sharpe

Berkshire Hathaway Home License #RB14010221 Listed on: 01/12/2017

Berkshire Hathaway Home

Last Buyer's Agent

Craig Sharpe

Berkshire Hathaway Home License #RB14010221 Listed on: 01/12/2017

Berkshire Hathaway Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,330

Year Built

  • Built in 1900

Lot Details

  • 0.27

Additional Features

  • 2-Story Property
  • 0.27 Acre Lot

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 291030905013000018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,330

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1900
  • Lot Size Acres: 0.27
  • Road Surface Type: Asphalt
  • Structure Type: FreeStand
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: FABULOUS OPPORTUNITY LOCATED IN CARMEL'S POPULAR "ARTS & DESIGN" DISTRICT! CURRENTLY USED AS AN OFFICE + PHOTOGRAPHY STUDIO ON THE MAIN FLOOR + 2 APARTMENTS UPSTAIRS - PREVIOUSLY IT WAS 4 APARTMENTS - EXTENSIVELY RENOVATED + REMODELED IN 2008 - POSSIBLE USES: RETAIL OR OFFICE OR MULTI FAMILY OR OTHER COMMERCIAL USES OR CHURCH OR SCHOOL - ONLY ONE BLOCK FROM LIBRARY + HIGH SCHOOL + ELEMENTARY - TWO BLOCKS TO DOWNTOWN SHOPPING + RESTAURANTS
  • Transaction Type: Sale
  • Unit Count: 0
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: NotApplic
  • Possible Use: See Remarks
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 535000
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: Other
  • Auto Parking: 10
  • Auto Surface: Asphalt

Utilities

  • Solid Waste: 0
  • HVAC: 4 systems

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Office
  • Parcel Number: 291030905013000018
  • Zoning: B3
  • Acres: 1/4-1/2 Acre
  • Lot Information: See Remarks
  • Lot Number: 0
  • Lot Size: 0.27

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 8330
  • Semi Annual Property Tax Amt: 4165
  • Tax Exemption: None

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Jul 20, 2017
Sold by
Wyant James N and Wyant Lois D
Bought by
Mcanderews Kevin and Mcanderews Diane
Seller's Agent
Craig Sharpe
Berkshire Hathaway Home
Buyer's Agent
Craig Sharpe
Berkshire Hathaway Home
List Price
$535,000
Sold Price
$465,000
Premium/Discount to List
-$70,000
-13.08%
Current Estimated Value
$877,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,000
Avg. Annual Appreciation
8.01%
Original Mortgage
$324,000
Outstanding Balance
$269,189
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$607,811

Purchase Details

Closed on
Jan 20, 2006
Sold by
Pearson Robert K and Pearson Shirley J
Bought by
Wyant James N and Wyant Lois D

Purchase Details

Closed on
Jan 29, 2003
Sold by
Pearson Robert K
Bought by
Pearson Robert K and Pearson Shirley J
Source: Public Records

Range of Values:

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Average Value
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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
Mcanderews Kevin -- Hamilton National Title Llc
Wyant James N -- None Available
Pearson Robert K -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcanderews Kevin $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Off Market $465,000 -- --
07/20/2017 07/20/17 Sold $465,000 -13.1% --
01/16/2017 01/16/17 For Sale $535,000 +15.1% --
01/16/2017 01/16/17 Off Market $465,000 -- --
01/12/2017 01/12/17 For Sale $535,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $7,698 $512,900 $336,600 $176,300
2023 $7,698 $512,900 $336,600 $176,300
2022 $6,835 $440,400 $269,300 $171,100
2021 $6,693 $430,200 $269,300 $160,900
2020 $6,822 $434,100 $269,300 $164,800
2019 $6,177 $399,500 $232,700 $166,800
2018 $6,118 $399,500 $232,700 $166,800
2017 $6,139 $402,300 $232,700 $169,600
2016 $17,405 $402,300 $232,700 $169,600
2014 $7,843 $400,800 $232,700 $168,100
2013 $7,843 $400,800 $232,700 $168,100
Source: Public Records

Agents Affiliated with this Home

  • Craig Sharpe

    Seller's Agent in 2017

    Craig Sharpe

    Berkshire Hathaway Home

    (317) 506-2357

    3 in this area

    74 Total Sales

    Craig Sharpe
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21460211

MIBOR Broker Listing Cooperative®

APN: 29-10-30-905-013.000-018

Indiana Hamilton County Carmel 46032 Downtown Carmel

240 E Main St, Carmel, IN

This home is located at 240 E Main St, Carmel, IN 46032 since 12 January 2017 and is currently estimated at $877,000. This property was built in 1900. 240 E Main St is a home located in Hamilton County with nearby schools including Carmel Elementary School, Carmel Middle School, and Carmel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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