NOT LISTED FOR SALE

Estimated Value: $1,704,000 - $2,252,303

0.45 Acre
$4,342,447 Price per Acre
19,602 Sq Ft Lot

Last Sold May 22, 2017

Last sale price $275,000 $202 Per Sq Ft

Est. 611% increase in value since last sale

Current estimated payment $12,133/month

52 Days on Market

About This Lot

As of May 2017

This lot is located in the heart of the coveted Carmel Arts and Design District. The many attractions of Main Street, the Monon Trail and the developing Midtown Distritct are just blocks from this future homesite. Demo of previously existing home is complete, so Old Town Design Group is ready to design and build a custom home on this downtown Carmel lot.

Last Agent to Sell the Property

James Langston

Listed on: 03/23/2017

Last Buyer's Agent

Jim Langston

Prime Source Realty, LLC License #RB14022517

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,418

Lot Details

  • 0.45 Acre Lot

Community Details

  • Carmel Arts District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-09-25-121-006.000-018

Property Details

Property Type

Land

Est. Annual Taxes

$4,418

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: Yes
  • Tax Year: 2017
  • Lot Size Acres: 0.45
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Subdivision Name: CARMEL ARTS DISTRICT
  • Property Description: This lot is located in the heart of the coveted Carmel Arts and Design District. The many attractions of Main Street, the Monon Trail and the developing Midtown Distritct are just blocks from this future homesite. Demo of previously existing home is complete, so Old Town Design Group is ready to design and build a custom home on this downtown Carmel lot.
  • Transaction Type: Sale
  • Special Features: NewHome

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 275000
  • Topography: Level
  • Road Access: AccessRd
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 1

Lot Info

  • Development Status: Surveyed
  • Number Of Lots: 1
  • Parcel Number: 29-09-25-121-006.000-018
  • Zoning: Residential
  • Acres: 1/4-1/2 Acre
  • Lot Number: 1
  • Lot Size: 0.45
  • Improvements: Sidewalks,PavedStr
  • Land Characteristics: City,Suburban
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 611111

Tax Info

  • Tax Annual Amount: 4418
  • Semi Annual Property Tax Amt: 2209
  • Tax Exemption: None
  • Tax Info N A Prop Split: 1

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2019
Sold by
Stanton Brian Keith and Stanton Tracey Ochs
Bought by
Stanton Tracey Ochs and Stanton Brian K
Current Estimated Value
$1,954,101

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 22, 2017
Sold by
Old Town Development Llc
Bought by
Stanton Brian Keith and Stanton Tracey Ochs
Seller's Agent
James Langston
Buyer's Agent
James Langston
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.85%
Original Mortgage
$206,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2016
Sold by
Meyer Bradley F and Meyer Dolores M
Bought by
Old Town Development Llc

Purchase Details

Closed on
Apr 9, 2013
Sold by
Meyer Bradley F and Meyer Dolores M
Bought by
Meyer Bradley F and Meyer Dolores M

Purchase Details

Closed on
Sep 30, 2002
Sold by
Gagnon Michelle M
Bought by
Meyer Bradley F and Meyer Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
6.34%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 16, 2001
Sold by
Parks Loretta I
Bought by
Gagnon Michelle M
Source: Public Records

Range of Values:

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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
Stanton Brian Keith -- None Available
Old Town Development Llc -- None Available
Meyer Bradley F -- None Available
Meyer Bradley F -- --
Gagnon Michelle M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanton Brian Keith $400,000
Open Stanton Brian Keith $1,000,000
Closed Stanton Brian Keith $206,250
Previous Owner Meyer Bradley F $127,900
Closed Old Town Development Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $275,000 0.0% $202 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $275,000 -- $202 / Sq Ft
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 $17,828 $1,610,700 $264,700 $1,346,000
2023 $17,828 $1,547,300 $264,700 $1,282,600
2022 $13,658 $1,177,100 $264,700 $912,400
2021 $12,134 $1,056,800 $264,700 $792,100
2020 $12,134 $1,056,800 $264,700 $792,100
2019 $2,873 $264,700 $264,700 $0
2018 $5,388 $264,700 $264,700 $0
2017 $2,444 $120,500 $120,500 $0
2016 $4,417 $215,600 $120,500 $95,100
2014 $3,526 $180,200 $100,700 $79,500
2013 $3,526 $173,200 $100,700 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21473002

MIBOR Broker Listing Cooperative®

APN: 29-09-25-121-006.000-018