NOT LISTED FOR SALE

551 Cedar Lake Ct Carmel, IN 46032

West Carmel Neighborhood

Estimated Value: $491,000 - $500,758

5 Beds
2.5 Baths
2,693 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $438,400 $163 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,947/month

2 Days on Market

Highlights

  • 0.87 Acre Lot
  • Traditional Architecture
  • Woodwork
  • Carmel Elementary School Rated A
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of June 2022

Beautiful .87 acre in Carmel, with pond view and gorgeous trees for privacy! This home has 5 bedrooms with 2.5 baths, newer quartz counters, stainless steel appliances, and is meticulously maintained! Live in the award winning Carmel Clay school system. Fantastic location has easy access to the Monon Trail or short walk to Clay Terrace. No association, private, cul de sac make this home feel very serene while still being in the heart of Carmel! This desired location won't last so come see it soon!

Last Agent to Sell the Property

Melissa Coutz

Highgarden Real Estate Listed on: 05/31/2022

Highgarden Real Estate

Co-Listed By

Mary Jane Coutz

Highgarden Real Estate

Last Buyer's Agent

Courtney Miller

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,542

Year Built

  • Built in 1986

Lot Details

  • 0.87 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Family Room with Fireplace

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Cedar Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 290924104012000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,542

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1986
  • Building Area Total: 2693
  • Co List Office Phone: 317-205-4320
  • Garage Y N: Yes
  • Lot Size Acres: 0.87
  • Subdivision Name: CEDAR LAKE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s), Wood Work Stained
  • Other Equipment: Sump Pump
  • Eating Area: Breakfast Room,Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2251
  • Main Level Sq Ft: 1198
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In,Pantry
  • Below Grade Sq Ft: 442
  • Upper Level Sq Ft: 1053
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick, Cedar
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Storage
  • Foundation Details: Concrete Perimeter
  • List Price: 425000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Sq Ft: 440

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 290924104012000018
  • Acres: 1/2-1 Acre
  • Lot Information: Cul-De-Sac,Pond
  • Lot Number: 12
  • Lot Size: 37,897

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3542
  • Semi Annual Property Tax Amt: 1771
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jun 24, 2022
Sold by
St Clair Stephen P & Lizabeth A
Bought by
Smith Jeanine and Smith Jacob
Seller's Agent
Melissa Coutz
Highgarden Real Estate
Buyer's Agent
Courtney Miller
Compass Indiana, LLC
List Price
$425,000
Sold Price
$438,400
Premium/Discount to List
$13,400
3.15%
Current Estimated Value
$494,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,540
Avg. Annual Appreciation
3.71%
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
Smith Jeanine $438,400 Centurion Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $438,400 +3.2% $163 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $425,000 -- $158 / 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 $3,874 $401,800 $135,200 $266,600
2023 $3,919 $367,500 $135,200 $232,300
2022 $3,677 $322,000 $135,200 $186,800
2021 $3,528 $311,400 $135,200 $176,200
2020 $3,528 $311,400 $135,200 $176,200
2019 $3,287 $290,400 $87,900 $202,500
2018 $3,035 $274,300 $87,900 $186,400
2017 $2,887 $262,300 $87,900 $174,400
2016 $2,813 $256,700 $87,900 $168,800
2014 $2,133 $216,800 $61,700 $155,100
2013 $2,133 $208,000 $61,700 $146,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melissa Coutz

    Highgarden Real Estate

    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Mary Jane Coutz

    Highgarden Real Estate

    Section Image

  • C

    Buyer's Agent in 2022

    Courtney Miller

    Compass Indiana, LLC

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21859749

MIBOR Broker Listing Cooperative®

APN: 29-09-24-104-012.000-018

Indiana Hamilton County Carmel 46032 West Carmel

551 Cedar Lake Ct, Carmel, IN

This home is located at 551 Cedar Lake Ct, Carmel, IN 46032 since 31 May 2022 and is currently estimated at $494,940, approximately $183 per square foot. This property was built in 1986. 551 Cedar Lake Ct is a home located in Hamilton County with nearby schools including Carmel Elementary School, Carmel Middle School, and Carmel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Nearby Homes