NOT LISTED FOR SALE

451 American Way N Unit 3F Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $446,000 - $477,000

2 Beds
2 Baths
1,764 Sq Ft
$484/mo HOA Fee

Last Sold July 31, 2024

Last sale price $451,000 $256 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,613/month

47 Days on Market

Highlights

  • Water Views
  • Penthouse
  • Traditional Architecture
  • Carmel Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of July 2024

NEW PRICE!! You'll love this beautiful penthouse condo overlooking Carmels Veterans Memorial reflecting pool. Amazing location! Walk to the Palladium and Carmels Christkindlmarkt, enjoy the nearby shops and restaurants or head over to the Monon and stroll to Mid-Town and the Arts and Design District! Enjoy the secure feeling as you enter the building through your private 2 car garage and head up the elevator to your new home! Upon entering you will notice the abundant natural light which brightens the living space. Custom built-ins and an inviting gas fireplace accent the spacious living room, while the adjacent dining room offers plenty of space to entertain your family and friends. Step outside onto your private balcony and enjoy a morning cup of coffee or take in the calming view of the reflecting pool below. The galley kitchen boasts modern appliances, premium finishes, and a breakfast bar for casual dining. Versatile flex space can be used as a home office or cozy sitting area. The wonderful Master suite provides a large walk-in-closet with pocket door and built-in shelving, as well as a spa-like bath with garden tub, walk-in shower and double sinks. As a bonus, the bedroom offers a separate door leading to the balcony, inviting you to greet the day with a breath of fresh air. Generous sized second bedroom is complete with an en-suite bath for added privacy and convenience. Laundry room offers plenty of space for the washer, dryer and utility sink. Incredible opportunity in an incredible location! The perfect place to enjoy the attractions and vibrant lifestyle that Carmel has to offer!

Last Agent to Sell the Property

Pam Jones

CENTURY 21 Scheetz Brokerage Email: pam@jrghomes.com License #RB14032243 Listed on: 05/13/2024

CENTURY 21 Scheetz

Last Buyer's Agent

Drew Tomasik

@properties License #RB15000689

@properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,268

Year Built

  • Built in 2004

Lot Details

  • 2,178

HOA Fees

  • $484 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Penthouse
  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Water Views

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 29-09-36-205-018.000-018
  • Assessor Parcel Number 290936205018000018
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include home owners, insurance, irrigation, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
  • Association Phone (317) 875-5600
  • Commons At City Centre Subdivision
  • Property managed by Community Association Services of Indiana

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,268

Year Built

Built in 2004

Lot Details

0

HOA Fees

$484 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2004
  • Building Area Total: 1764
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: Commons At City Centre
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 3
  • Lifestyles: Pent House
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: pam@jrghomes.com
  • Attribution Contact: pam@jrghomes.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Raised Ceiling(s), Paddle Fan, Hardwood Floors, Walk-in Closet(s), Windows Thermal
  • Living Area: 1764
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Areas Interior: Bedroom Other on Main,Laundry in Unit
  • Eating Area: Breakfast Room,Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1764
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • Foundation Details: Poured Concrete
  • List Price: 449000
  • Patio And Porch Features: Covered Porch
  • View: Water
  • View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Guest Street Parking,Keyless Entry
  • Garage Sq Ft: 420

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas Nearby
  • Cooling: Central Electric
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 484
  • Association Fee Frequency: Monthly
  • Association Phone: 317-875-5600
  • Association YN: Yes
  • Community Features: Curbs, Sidewalks, Street Lights
  • Management Company Name: Community Association Services of Indiana
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Insurance, Irrigation, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 2178
  • Parcel Number: 290936205018000018
  • Acres: <1/4 Acre
  • Price Acre: 9020000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5268
  • Tax Lot: 29-09-36-205-018.000-018
  • Semi Annual Property Tax Amt: 2634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 2, 2024
Sold by
Oberlin William and Oberlin Jung-Shin
Bought by
Jolly Donald T and Jolly Nancy M
Seller's Agent
Pam Jones
CENTURY 21 Scheetz
Buyer's Agent
Drew Tomasik
@properties
List Price
$499,000
Sold Price
$451,000
Premium/Discount to List
-$48,000
-9.62%
Views
71
Current Estimated Value
$461,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,926
Avg. Annual Appreciation
2.40%
Original Mortgage
$405,900
Outstanding Balance
$402,757
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$59,169

Purchase Details

Listed on
May 25, 2018
Closed on
Oct 12, 2018
Sold by
Hicks Robert A and Hicks Barri L
Bought by
Oberlin William and Oberlin Jung Shin
Seller's Agent
Mick Scheetz
CENTURY 21 Scheetz
Buyer's Agent
Pam Jones
Keller Williams Indpls Metro N
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$258,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2014
Sold by
Tuttle Loretta J and Roby Doug
Bought by
Hicks Robert A and Hicks Barri L

Purchase Details

Closed on
Jul 26, 2005
Sold by
Kosene Investments Llc
Bought by
Tuttle Loretta J and Roby Doug

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,444
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jolly Donald T $451,000 Foundation Title
Oberlin William -- Fidelity National Title
Hicks Robert A -- Chicago Title Co Llc
Tuttle Loretta J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jolly Donald T $405,900
Previous Owner Oberlin William $258,750
Previous Owner Tuttle Loretta J $272,444
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $451,000 +0.4% $256 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $449,000 -5.5% $255 / Sq Ft
06/17/2024 06/17/24 Price Changed $475,000 -4.8% $269 / Sq Ft
05/13/2024 05/13/24 For Sale $499,000 +44.6% $283 / Sq Ft
10/16/2018 10/16/18 Sold $345,000 -4.1% $196 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $359,900 -- $204 / 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 $6,935 $334,300 $67,500 $266,800
2023 $6,819 $337,500 $67,500 $270,000
2022 $5,268 $254,700 $57,000 $197,700
2021 $4,993 $240,200 $57,000 $183,200
2020 $5,039 $242,400 $57,000 $185,400
2019 $5,025 $243,800 $56,300 $187,500
2018 $5,007 $246,000 $56,300 $189,700
2017 $4,978 $245,400 $56,300 $189,100
2016 $5,130 $249,700 $56,300 $193,400
2014 $1,488 $166,600 $53,400 $113,200
2013 $1,488 $167,900 $53,400 $114,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21978415

MIBOR Broker Listing Cooperative®

APN: 29-09-36-205-018.000-018