NOT LISTED FOR SALE

5542 Salem Dr S Carmel, IN 46033

East Carmel Neighborhood

Estimated Value: $781,000 - $849,122

5 Beds
4.5 Baths
3,668 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2021

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

Est. 38% increase in value since last sale

Current estimated payment $5,138 / mo

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

Highgarden Real Estate

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

  • 100 Sq Ft 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

100 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 8, 2021
Sold by
Bought by
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
$817,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,031
Avg. Annual Appreciation
7.09%
Original Mortgage
$501,500
Interest Rate
0.0288%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2015
Sold by
Bought by

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
0.0382%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2013
Closed on
Sep 3, 2013
Sold by
Bought by
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
5.25%
Original Mortgage
$300,000
Interest Rate
0.0439%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Trademark Title Services
-- Attorney
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $501,500
Previous Owner $57,500
Previous Owner $277,500
Previous Owner $300,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,369 $716,100 $185,100 $531,000
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

    1 in this area

    55 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

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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