Find, analyze, and compare Carmel, IN investment properties, including off-market opportunities and residential homes with value-add potential. Carmel offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Indiana. Explore housing market trends in Carmel, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Carmel, IN for your real estate goals.
In Carmel, the median property value currently stands at $485,289, reflecting a 0.03% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $826,902 (a 69% gain). The housing market includes a total of 37,301 houses.The median home in Carmel has 2,887 square feet of living space, priced at a median of $178 per square foot with a median year built of 1996. For long-term rental properties in Carmel, the median annual gross rental income is $33,000 (or
$2,750/month) with estimated operating expenses of
$11,613, resulting in an approximate gross cap rate of 5.05%.
Property Intel by Whitepages helps investors and homeowners explore the Carmel area
by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps.
These tools support research into investment properties, including foreclosure data
and off-market listings in Carmel, IN.
$385K - $409K
Est. Value
2 beds • 2 baths • 1,912 sq ft
Last Sold: $564K in 2024 • Built: 2022
$275K - $295K
Est. Value
Crooked Creek
2 beds • 1 bath • 2,628 sq ft
Last Sold: $50K in 2012 • Built: 1958
$386K - $408K
Est. Value
3 beds • 2 baths • 1,384 sq ft
Last Sold: $148K in 2013 • Built: 1965
$376K - $395K
Est. Value
4 beds • 1.5 baths • 2,394 sq ft
Last Sold: $239K in 2005 • Built: 1968
$468K - $488K
Est. Value
Springmill
4 beds • 2.5 baths • 2,328 sq ft
Last Sold: $270K in 2016 • Built: 1993
$241K - $252K
Est. Value
3 beds • 2 baths • 1,388 sq ft
Last Sold: $123K in 2006 • Built: 1995
$314K - $324K
Est. Value
4 beds • 2.5 baths • 2,195 sq ft
Last Sold: $325K in 2022 • Built: 2012
$331K - $343K
Est. Value
3 beds • 2.5 baths • 2,286 sq ft
Last Sold: $254K in 2021 • Built: 1974
$225K - $233K
Est. Value
Old Meridian
3 beds • 2 baths • 1,072 sq ft
Built: 1993
$471K - $500K
Est. Value
4 beds • 2.5 baths • 4,063 sq ft
Last Sold: $329K in 2007 • Built: 2007
$431K - $450K
Est. Value
4 beds • 3.5 baths • 3,040 sq ft
Last Sold: $388K in 2020 • Built: 2019
$258K - $278K
Est. Value
Old Meridian
3 beds • 2.5 baths • 1,844 sq ft
Last Sold: $298K in 2023 • Built: 2006
$578K - $601K
Est. Value
4 beds • 2.5 baths • 3,162 sq ft
Last Sold: $365K in 2017 • Built: 1992
$686K - $717K
Est. Value
4 beds • 3 baths • 3,070 sq ft
Last Sold: $235K in 2009 • Built: 1993
$298K - $312K
Est. Value
Mapleton - Fall Creek
3 beds • 2.5 baths • 2,320 sq ft
Last Sold: $360K in 2020 • Built: 1922
$513K - $540K
Est. Value
4 beds • 2.5 baths • 2,672 sq ft
Last Sold: $265K in 2012 • Built: 1992
$648K - $678K
Est. Value
3 beds • 4.5 baths • 5,142 sq ft
Last Sold: $383K in 2014 • Built: 2013
$695K - $723K
Est. Value
3 beds • 3.5 baths • 3,067 sq ft
Last Sold: $468K in 2015 • Built: 2015
$362K - $384K
Est. Value
St. Vincent - Greenbriar
4 beds • 1.5 baths • 2,470 sq ft
Last Sold: $207K in 2003 • Built: 1968
$330K - $343K
Est. Value
4 beds • 2.5 baths • 2,222 sq ft
Last Sold: $416K in 2021 • Built: 1989
$422K - $441K
Est. Value
4 beds • 2.5 baths • 2,698 sq ft
Last Sold: $206K in 2004 • Built: 1969
$263K - $272K
Est. Value
3 beds • 1.5 baths • 2,334 sq ft
Last Sold: $126K in 2012 • Built: 1996
$451K - $467K
Est. Value
Springmill
4 beds • 2.5 baths • 2,254 sq ft
Last Sold: $240K in 2013 • Built: 1989
$141K - $147K
Est. Value
College Park
3 beds • 1 bath • 1,520 sq ft
Last Sold: $80K in 2015 • Built: 1974
$600K - $620K
Est. Value
3 beds • 2.5 baths • 3,080 sq ft
Last Sold: $560K in 2021 • Built: 2015
$726K - $770K
Est. Value
4 beds • 4.5 baths • 4,633 sq ft
Last Sold: $691K in 2020 • Built: 2020
$461K - $482K
Est. Value
4 beds • 2.5 baths • 3,295 sq ft
Last Sold: $391K in 2018 • Built: 2018
$364K - $376K
Est. Value
4 beds • 2.5 baths • 1,856 sq ft
Last Sold: $320K in 2023 • Built: 1977
$491K - $508K
Est. Value
3 beds • 3.5 baths • 3,483 sq ft
Last Sold: $595K in 2023 • Built: 2022
$268K - $285K
Est. Value
4 beds • 2.5 baths • 2,904 sq ft
Last Sold: $293K in 2018 • Built: 2018
