NOT LISTED FOR SALE

Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $987,099 - $1,187,000

5 Beds
3.5 Baths
5,940 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $621,754 $105 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,454/month

60 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Garage
  • Carmel Elementary School Rated A

About This Home

As of March 2017

Beautiful Arts and Crafts home in the newest redevelopment area near downtown Carmel.The property is 1/2 mile from the Monon Trail & then a 1/2 mile to Main St. Walk to the farmers market, the Palladium, Carmel's downtown retail. This home offers an inviting front porch and a covered outdoor living area with fireplace. The oversized garage has plenty of room for storage, a workshop, or your Mini. Large finished basement and a very open first floor with 10' ceilings. A must see.

Last Agent to Sell the Property

Chris Schrader

Drees Home License #RB14034873 Listed on: 07/21/2016

Last Buyer's Agent

Susan Ho

United Real Estate Indpls

United Real Estate Indpls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 2016

Lot Details

  • 0.37 Acre Lot

Parking

  • Garage

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Laundry on main level
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Community Details

  • Newark Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291031102042000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,368

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts & Crafts / Craftsman
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2015
  • Year Built: 2016
  • Garage Y N: Yes
  • Green Energy Efficient: Lighting,HVAC,Insulation,Windows
  • Lot Size Acres: 0.37
  • Subdivision Name: NEWARK
  • Inspection Warranties: Warranty Builders
  • Property Description: Beautiful Arts and Crafts home in the newest redevelopment area near downtown Carmel.The property is 1/2 mile from the Monon Trail & then a 1/2 mile to Main St. Walk to the farmers market, the Palladium, Carmel's downtown retail. This home offers an inviting front porch and a covered outdoor living area with fireplace. The oversized garage has plenty of room for storage, a workshop, or your Mini. Large finished basement and a very open first floor with 10' ceilings. A must see.
  • Transaction Type: Sale
  • Website: designgalleryhomes.com
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling,Finished,Full,Egress Window(s)
  • Appliances: Dishwasher,Disposal,Microwave,Gas Oven
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room,Other
  • Fireplaces: 2
  • Interior Amenities: Ceiling Raised,Ceiling Tray,Walk-in Closet(s),Screens Complete,Wet Bar
  • Living Area: 5940
  • Other Equipment: Sump Pump,Sump Pump
  • Room Count: 10
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Walk In Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3645
  • Main Level Sq Ft: 2286
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 5940
  • Below Grade Sq Ft: 2295
  • Upper Level Sq Ft: 1359
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter,Full
  • List Price: 624900
  • Association Maintained Building Exterior: 0
  • Construction Stage: Permit on File
  • Porch: Covered Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached,Other
  • Garage Parking Other: Garage Door Opener,Finished Garage,Other
  • Num Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 291031102042000018
  • Acres: 1/4-1/2 Acre
  • Lot Number: 112
  • Lot Size: 16,117

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1368
  • Semi Annual Property Tax Amt: 684
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Mar 15, 2017
Sold by
Drees Premier Homes Llc
Bought by
Fox Mehri Samini
Seller's Agent
Chris Schrader
Drees Home
Buyer's Agent
Susan Ho
United Real Estate Indpls
List Price
$624,900
Sold Price
$621,754
Premium/Discount to List
-$3,146
-0.5%
Current Estimated Value
$1,101,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,521
Avg. Annual Appreciation
6.89%
Original Mortgage
$210,000
Outstanding Balance
$107,193
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$994,082

Purchase Details

Closed on
May 10, 2016
Sold by
Cole Joel M and Cole Sabine
Bought by
Dress Premier Homes Inc

Purchase Details

Closed on
Nov 30, 2004
Sold by
Bowers Robert C and Bowers Suzanne L
Bought by
Cole Joel M and Cole Sabine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Fox Mehri Samini -- None Available
Dress Premier Homes Inc -- First American Title
Cole Joel M -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Mehri Samini $210,000
Previous Owner Cole Joel M $116,000
Closed Cole Joel M $14,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $621,754 -0.5% $105 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $624,900 -- $105 / 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 $7,387 $682,100 $149,200 $532,900
2023 $7,422 $657,200 $149,200 $508,000
2022 $6,888 $661,700 $132,900 $528,800
2021 $6,888 $604,200 $132,900 $471,300
2020 $6,618 $580,600 $132,900 $447,700
2019 $6,671 $585,300 $132,900 $452,400
2018 $6,388 $574,000 $38,300 $535,700
2017 $3,008 $277,700 $38,300 $239,400
2016 $1,353 $144,000 $38,300 $105,700
2014 $1,174 $141,900 $38,300 $103,600
2013 $1,174 $136,600 $38,300 $98,300
Source: Public Records

Agents Affiliated with this Home

  • Chris Schrader

    Seller's Agent in 2017

    Chris Schrader

    Drees Home

    (317) 557-4305

    1 in this area

    305 Total Sales

    Chris Schrader
    Section Image

  • S

    Buyer's Agent in 2017

    Susan Ho

    United Real Estate Indpls

    Section Image
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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21431898

MIBOR Broker Listing Cooperative®

APN: 29-10-31-102-042.000-018

Indiana Hamilton County Carmel 46032

Downtown Carmel

This home since 21 July 2016 and is currently estimated at $1,101,275, approximately $185 per square foot. This property was built in 2016. This home is a home located in Hamilton County with nearby schools including Carmel Elementary School, Carmel Middle School, and Carmel High School.

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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.

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