NOT LISTED FOR SALE

2405 E 99th St Carmel, IN 46280

Downtown Carmel Neighborhood

Estimated Value: $635,000 - $1,034,486

9 Acres
$92,152 Price per Acre
392,040 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $820,000 $356 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,076/month

88 Days on Market

About This Lot

As of October 2021

Hard to find wooded, +/- 9 acres of land in desirable Carmel Indiana. Located near downtown Carmel, Keystone at the Crossing shopping Center, and 12 miles from Indianapolis City Center. The property consists of adjoining 3 acre and 6 acre parcels.

Last Agent to Sell the Property

James Leffel

Cushman & Wakefield License #RB14035610 Listed on: 07/16/2021

Last Buyer's Agent

Joel Abney

Carpenter, REALTORS®

Carpenter, REALTORS®

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,234

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$3,234

Lot Details

0

Listing Details

  • Property Type: Land
  • Type: Multiple
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Directions: Quarter mile east of Westfield Boulevard on 99th St. Carmel, Indiana 46280
  • New Construction: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Road Access: CityStreet
  • Water: Municipal Water Near By
  • Disclosures: Not Applicable
  • Topography: Level,Wooded

Utilities

  • Solid Waste: 0
  • Sewer: Municipal Sewer Near

Lot Info

  • Acres: 5-10 Acres
  • Lot Number: N/A
  • Lot Size: 261,360
  • Improvements: Other
  • Land Characteristics: Rectangle
  • Potential Zoning: Condo,Multi-Fam,Single Family
  • Present Zoning: Single Family
  • Development Status: Surveyed
  • Number Of Lots: 2
  • Zoning: S2

Tax Info

  • Semi Annual Property Tax Amt: 1617
  • Tax Exemption: None
  • Multiple Tax I D: 291407302002000018
  • Tax Annual Amount: 3234
  • Tax Year: 2020

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 28, 2021
Sold by
Robert W Shone Living Trust and Shone Robert W
Bought by
Rumi Estates Llc
Seller's Agent
James Leffel
Cushman & Wakefield
Buyer's Agent
Joel Abney
Carpenter, REALTORS®
List Price
$900,000
Sold Price
$820,000
Premium/Discount to List
-$80,000
-8.89%
Current Estimated Value
$827,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,257
Avg. Annual Appreciation
0.27%

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 27, 2021
Sold by
Shone Robert W and Robert W Shone Living Trust
Bought by
Rumi Estates Llc
Seller's Agent
James Leffel
Cushman & Wakefield
Buyer's Agent
Joel Abney
Carpenter, REALTORS®
List Price
$900,000
Sold Price
$820,000
Premium/Discount to List
-$80,000
-8.89%

Purchase Details

Closed on
Nov 18, 2015
Sold by
Jewett Jeff
Bought by
Robert W Shone Living Trust

Purchase Details

Closed on
Feb 19, 2009
Sold by
Humphrey Mark M
Bought by
Jewett Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 27, 2007
Sold by
Tzucker John F and Tzucker Joan Dee
Bought by
Humphrey Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,715
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rumi Estates Llc -- None Listed On Document
Rumi Estates Llc $820,000 Mtc
Robert W Shone Living Trust -- None Available
Jewett Jeff -- None Available
Humphrey Mark M -- Hts
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jewett Jeff $500,000
Previous Owner Humphrey Mark M $719,715
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $820,000 -8.9% $356 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $900,000 0.0% $391 / Sq Ft
08/30/2013 08/30/13 Rented $2,130 -14.8% --
08/30/2013 08/30/13 Under Contract -- -- --
04/03/2013 04/03/13 For Rent $2,500 -- --
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 $9,044 $448,600 $261,000 $187,600
2023 $9,044 $448,600 $261,000 $187,600
2022 $6,848 $332,000 $117,000 $215,000
2021 $5,892 $284,300 $117,000 $167,300
2020 $5,275 $254,500 $117,000 $137,500
2019 $5,176 $251,900 $90,000 $161,900
2018 $5,254 $251,900 $90,000 $161,900
2017 $7,709 $250,200 $90,000 $160,200
2016 $4,788 $233,700 $90,000 $143,700
2014 $4,536 $231,800 $90,000 $141,800
2013 $4,536 $227,700 $90,000 $137,700
Source: Public Records

Agents Affiliated with this Home

  • James Leffel

    Seller's Agent in 2021

    James Leffel

    Cushman & Wakefield

    (317) 639-0402

    1 in this area

    4 Total Sales

    James Leffel
    Section Image

  • J

    Buyer's Agent in 2021

    Joel Abney

    Carpenter, REALTORS®

    Section Image

  • V

    Seller's Agent in 2013

    Victor Isbell

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21799078

MIBOR Broker Listing Cooperative®

APN: 29-14-07-302-002.000-018

Indiana Hamilton County Carmel 46280 Downtown Carmel

2405 E 99th St, Carmel, IN

Not Listed for Sale

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