331 W Main St Carmel, IN 46032
Downtown Carmel Neighborhood
3
Beds
1
Bath
2,008
Sq Ft
10,019
Sq Ft Lot
Highlights
- Screened Patio
- Outdoor Storage
- Partially Fenced Property
- Carmel Elementary School Rated A
- Forced Air Heating and Cooling System
About This Home
As of January 2024Historic home offers endlessly versatile live/work opportunity in the very heart of Carmel's bustling Arts & Design District. Soaring ceilings, hardwood floors, a remodeled kitchen, large open spaces and excellent street visibility make this the perfect opportunity. Possible uses include retail shop, art gallery, studio, coffee house, restaurant, etc. 4 parking spaces on property, plus street parking and underground garage parking nearby. Lots of foot traffic as well!
Last Agent to Sell the Property
F.C. Tucker Company License #RB14036314 Listed on: 03/18/2013
Last Buyer's Agent
Matthew Meyers
Encore Sotheby's International
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $572
Year Built
- Built in 1890
Lot Details
- 10,019 Sq Ft Lot
- Partially Fenced Property
Home Design
- Block Foundation
Interior Spaces
- 2-Story Property
- Pull Down Stairs to Attic
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- Electric Oven
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Screened Patio
- Outdoor Storage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 290925161001000018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2023
Closed on
Jan 15, 2024
Sold by
Meyers Beth R
Bought by
City/Carmel Redevelopment Com
Seller's Agent
Matthew Meyers
Encore Sotheby's International
Buyer's Agent
Matthew Meyers
Encore Sotheby's International
List Price
$725,000
Sold Price
$850,000
Premium/Discount to List
$125,000
17.24%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,548
Avg. Annual Appreciation
-3.86%
Purchase Details
Listed on
Mar 18, 2013
Closed on
Sep 27, 2013
Sold by
Markley Robert
Bought by
Meyers Beth R
Seller's Agent
Angela Raab
F.C. Tucker Company
Buyer's Agent
Matthew Meyers
Encore Sotheby's International
List Price
$325,000
Sold Price
$280,500
Premium/Discount to List
-$44,500
-13.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$160,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 15, 2010
Sold by
Teichman John E and Teichman Laurie R
Bought by
Markley Robert
Purchase Details
Closed on
Dec 7, 2001
Sold by
Teichman Laurie R and Grabner Laurie R
Bought by
Teichman John E and Teichman Laurie R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Interest Rate
6.6%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $142,500 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $160,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $62,300 | Fannie Mae Freddie Mac | |
| Previous Owner | $77,700 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $850,000 | +17.2% | $425 / Sq Ft |
| 12/14/2023 12/14/23 | Pending | -- | -- | -- |
| 12/13/2023 12/13/23 | For Sale | $725,000 | +158.5% | $363 / Sq Ft |
| 09/27/2013 09/27/13 | Sold | $280,500 | +0.2% | $140 / Sq Ft |
| 08/30/2013 08/30/13 | Pending | -- | -- | -- |
| 07/16/2013 07/16/13 | Price Changed | $279,900 | -3.4% | $139 / Sq Ft |
| 07/12/2013 07/12/13 | Price Changed | $289,900 | -3.3% | $144 / Sq Ft |
| 06/08/2013 06/08/13 | Price Changed | $299,900 | -7.7% | $149 / Sq Ft |
| 03/18/2013 03/18/13 | For Sale | $325,000 | -- | $162 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,977 | $415,200 | $191,600 | $223,600 |
| 2023 | $3,977 | $374,200 | $150,000 | $224,200 |
| 2022 | $3,550 | $315,400 | $150,000 | $165,400 |
| 2021 | $3,415 | $275,000 | $136,300 | $138,700 |
| 2020 | $3,428 | $275,600 | $136,300 | $139,300 |
| 2019 | $3,345 | $271,300 | $136,300 | $135,000 |
| 2018 | $3,387 | $271,900 | $136,300 | $135,600 |
| 2017 | $3,302 | $266,400 | $105,300 | $161,100 |
| 2016 | $3,220 | $257,400 | $105,300 | $152,100 |
| 2014 | $3,446 | $176,100 | $88,000 | $88,100 |
| 2013 | $3,446 | $127,200 | $88,000 | $39,200 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Meyers
Seller's Agent in 2024
Matthew Meyers
Encore Sotheby's International
(317) 372-6621
9 in this area
148 Total Sales
-
Angela Raab
Seller's Agent in 2013
Angela Raab
F.C. Tucker Company
(317) 844-4200
15 Total Sales
-
Rodney Heard
R
Seller Co-Listing Agent in 2013
Rodney Heard
eXp Realty, LLC
(317) 552-9752
10 in this area
542 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21221249
APN: 29-09-25-161-001.000-018
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