331 W Main St Carmel, IN 46032
Downtown Carmel Neighborhood
4
Beds
3
Baths
2,000
Sq Ft
10,019
Sq Ft Lot
Highlights
- Mature Trees
- Traditional Architecture
- Corner Lot
- Carmel Elementary School Rated A
- Main Floor Bedroom
- No HOA
About This Home
As of January 2024Nestled in the heart of Carmel's bustling Arts & Design District and just steps away from dining, shopping and the Monon Trail, this 1890 Old World Charmer meets Modern Amenities truly unique property presents endless potential for live/work opportunities. Captivating in its prominent location on a beautiful, fountained roundabout, excellent street visibility and 6 off street parking spots this property boasts soaring ceilings, solid plaster walls, transom windows, hardwood floors and a recently remodeled eat-in kitchen. The expansive open spaces create a versatile canvas offering limitless possibilities for the discerning homeowner or visionary entrepreneur. Choose the light flooded sunroom in front or open the quaint Dutch door to the screened back porch off kitchen for morning coffee. The large backyard is fully fenced, landscaped for privacy, and offers extra seating on the large, shed porch. The fully equipped 500 sq. ft. studio apartment created above the 2-car garage when built (2016) was featured in Indianapolis Monthly magazine. The added square footage of studio and additional bedroom/full bath is added to main house. See supplements for list of improvements.
Last Agent to Sell the Property
Encore Sotheby's International Brokerage Email: matt.meyers@encoresothebysrealty.com License #RB14050590 Listed on: 12/13/2023
Last Buyer's Agent
Encore Sotheby's International Brokerage Email: matt.meyers@encoresothebysrealty.com License #RB14050590 Listed on: 12/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,550
Year Built
- Built in 1890
Lot Details
- 10,019 Sq Ft Lot
- Corner Lot
- Mature Trees
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Block Foundation
Interior Spaces
- 2-Story Property
- Paddle Fans
- Entrance Foyer
- Formal Dining Room
- Unfinished Basement
- Sump Pump
- Pull Down Stairs to Attic
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Electric Oven
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Screened Patio
- Shed
- Storage Shed
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Block 25
- 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
-3.84%
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: 21934078
APN: 29-09-25-161-001.000-018
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