NOT LISTED FOR SALE

5542 Salem Dr S Carmel, IN 46033

East Carmel Neighborhood

Estimated Value: $782,000 - $799,737

5 Beds
4.5 Baths
3,668 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $590,000 $161 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,817/month

2 Days on Market

Highlights

  • Home fronts a pond
  • Updated Kitchen
  • Vaulted Ceiling
  • Cherry Tree Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Traditional Architecture

About This Home

As of November 2021

One of the largest homes in neighborhood! Gorgeous 5 bed 4.5 bath home sits on beautiful pond lot. Enjoy being on water w/spectacular views from Great Room, Sunroom or outdoor area w/deck, patio & pergola. Main floor features beautiful hardwoods throughout, 2 story entry & great rm, 2 sided fireplace in Great & Heart room, open sun room, large kitchen w/granite, 5th bed, half bath, office, formal dining and laundry. Upper: Master w/sitting area, 2 sided fireplace, extra large closet, huge bath w/double vanity, garden tub, & walk-in shower. 2nd bed w/ensuite full bath. Bed 3 & 4 share Jack-n-Jill bath. Large finished basement w/daylight windows, rec & family room, extra room w/closet -no egress so not counted as 6th bed. Irrigation system.

Last Agent to Sell the Property

Toby Smith

Highgarden Real Estate License #RB15000159 Listed on: 10/05/2021

Last Buyer's Agent

Sheila Hawes

RE/MAX Complete

RE/MAX Complete

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,086

Year Built

  • Built in 1995

Lot Details

  • 0.41 Acre Lot
  • Home fronts a pond
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Two Way Fireplace
  • Fireplace in Hearth Room
  • Thermal Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress
  • Basement Lookout

Outdoor Features

  • Multiple Outdoor Decks
  • Gazebo

Schools

  • Cherry Tree Elementary School
  • Clay Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • Association fees include insurance, maintenance, management, snow removal
  • Association Phone (317) 570-4358
  • Ashton Subdivision
  • Property managed by Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 113 / 2
  • Assessor Parcel Number 291021011010000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,086

Year Built

Built in 1995

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1995
  • Building Area Total: 5661
  • Garage Y N: Yes
  • Lot Size Acres: 0.41
  • Subdivision Name: Ashton
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: Toby.smith@compass.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Daylight/Lookout Windows, Egress Window(s), Sump Pump
  • Appliances: Gas Cooktop, Dishwasher, Down Draft, Dryer, Disposal, Microwave, Refrigerator, Washer, Wine Cooler, Gas Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1793
  • Fireplace Features: Two Sided, Primary Bedroom, Great Room, Hearth Room
  • Fireplaces: 2
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Thermal, Wood Work Painted, Entrance Foyer, Hi-Speed Internet Availbl, Center Island
  • Living Area: 3668
  • Other Equipment: Smoke Alarm
  • Areas Interior: Bath Jack-n-Jill,Bedroom Other on Main,Great Room - 2 Story
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1993
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1675
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 5661

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Multiple Decks, Gazebo
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener, Side Load Garage
  • Garage Parking Other: Finished Garage,Service Door

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Management Company Name: Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, Management, Snow Removal

Schools

  • Middle Or Junior School: Clay Middle School

Lot Info

  • Lot Features: Sidewalks, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 100
  • Parcel Number: 291021011010000018
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5086
  • Tax Block: 2
  • Tax Lot: 113
  • Semi Annual Property Tax Amt: 2543
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Elementary School: Cherry Tree Elementary School
  • Schools: CARMEL HIGH,CHERRY TREE ELEMENTARY,CLAY MIDDLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 8, 2021
Sold by
Logsdon Chapman M
Bought by
Mciivaine Robert L and Mciivaine Cynthia L
Seller's Agent
Toby Smith
Highgarden Real Estate
Buyer's Agent
Sheila Hawes
RE/MAX Complete
List Price
$569,000
Sold Price
$590,000
Premium/Discount to List
$21,000
3.69%
Current Estimated Value
$788,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,934
Avg. Annual Appreciation
7.13%
Original Mortgage
$501,500
Outstanding Balance
$458,832
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$330,102

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 2, 2021
Sold by
Logsdon Chapman M
Bought by
Mcllvaine Robert L and Mcllvaine Cynthia L
Seller's Agent
Toby Smith
Highgarden Real Estate
Buyer's Agent
Sheila Hawes
RE/MAX Complete
List Price
$569,000
Sold Price
$590,000
Premium/Discount to List
$21,000
3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,500
Outstanding Balance
$458,832
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$330,102

Purchase Details

Closed on
Jun 18, 2015
Sold by
Logsdon Chapman M and Logsdon Joanna H
Bought by
Logsdon Chapman M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2013
Closed on
Sep 3, 2013
Sold by
Meeusen Ronald and Meeusen Teri S
Bought by
Logsdon Chapman M and Logsdon Joanna H
Seller's Agent
James Jackson
Buyer's Agent
Linda Freeman
F.C. Tucker Company
List Price
$449,900
Sold Price
$422,807
Premium/Discount to List
-$27,093
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$300,000
Interest Rate
4.39%
Mortgage Type
New Conventional
Source: Public Records
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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
Mciivaine Robert L -- Trademark Title Services
Mcllvaine Robert L $590,000 Trademark Title
Logsdon Chapman M -- Attorney
Logsdon Chapman M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mciivaine Robert L $501,500
Closed Mcllvaine Robert L $501,500
Previous Owner Logsdon Chapman M $277,500
Previous Owner Logsdon Chapman M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2021 11/05/21 Sold $590,000 +3.7% $161 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $569,000 +34.6% $155 / Sq Ft
09/19/2013 09/19/13 Sold $422,807 -6.0% $75 / Sq Ft View Prior Sale
08/20/2013 08/20/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $449,900 -- $79 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $7,105 $645,300 $185,100 $460,200
2023 $7,105 $635,400 $78,900 $556,500
2022 $6,835 $596,200 $78,900 $517,300
2021 $5,284 $465,600 $78,900 $386,700
2020 $5,107 $450,100 $78,900 $371,200
2019 $4,875 $429,900 $78,900 $351,000
2018 $4,334 $389,400 $78,900 $310,500
2017 $4,289 $385,400 $78,900 $306,500
2016 $4,156 $379,300 $78,900 $300,400
2014 $4,368 $400,300 $76,800 $323,500
2013 $4,368 $353,500 $76,800 $276,700
Source: Public Records

Agents Affiliated with this Home

  • Toby Smith

    Seller's Agent in 2021

    Toby Smith

    Highgarden Real Estate

    (219) 929-6162

    2 in this area

    60 Total Sales

    Toby Smith
    Section Image

  • S

    Buyer's Agent in 2021

    Sheila Hawes

    RE/MAX

    Section Image

  • J

    Seller's Agent in 2013

    James Jackson

  • L

    Buyer's Agent in 2013

    Linda Freeman

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21817317

MIBOR Broker Listing Cooperative®

APN: 29-10-21-011-010.000-018

Indiana Hamilton County Carmel 46033 East Carmel

5542 Salem Dr S, Carmel, IN

Not Listed for Sale

Detached

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