Zip Code
10506 Fergus Ave, Carmel, IN 46032
3 beds · 2 baths · 1,962 sq ft · Lot: 23,087 sq ft · Single Family Home · Built: 1973
Est. Value:
$281K
Est. Rent:
$1.9K/month

10506 Fergus Ave Carmel, IN 46032

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3 beds · 2 baths · 1,962 sq ft · Lot Size: 23,087 sq ft · Single Family Home
Est. Property Value: $281,227

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageOwner Age 65 - 75

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10506 Fergus Ave is in the 46032 neighborhood of Carmel, IN. It is located in Hamilton County and ZIP code 46032. This Single Family Home was built in 1973 and is approximately 52 years old. The single family home spans 1962 sq ft with 3 bedrooms and 2 bathrooms and sits on a 23087 sq ft lot. Analyze and compare real estate investment strategies for properties like this home at 10506 Fergus Ave Carmel, IN 46032 with Property Intel by Whitepages.

Investment Potential for 10506 Fergus Ave

The property has a current estimated value of $281,227, which is 41% below the zip median. Projected long-term rental income is $22,800 annually ($1,900 per month) with a 92% occupancy rate.

Discover more Single Family Homes in 46032.
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Long-Term

Gross Rental
$22,800 per year($1,900 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
92%in 46032 zip code
 
View Rental Potential

Owners & Occupancy for 10506 Fergus Ave

This property is owned by Peggy L Board. Owner contact information includes 2 phone numbers.

Property Owners

Residence**********
Landline(317) 846-6140
Distance from Property**********
View All Owner Info

Property Ownership Information

Property Tax Amount$2,336 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 66
Resident 2************* age 66

Property Details for 10506 Fergus Ave

Property Details

Property Sq Ft

Living Area

1,962 sq ft

34% below market

Lot Size

23,087 sq ft

51% above market

Price Per Sq Ft

Living Area

$143 / sq ft

18% below market

Lot Size Area

$12 / sq ft

66% below market

Property condition, age, exterior, etc. for 10506 Ferg…
Longitude: -86.215586 Latitude: 39.939678 Parcel Number (APN): 29-13-08-102-006.000-018…
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Recommended Properties in 46032

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    3 beds · 1 baths · 1,445 sq ft · Built: 1957

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    Est. Value

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    3216 Fairway Dr, Carmel, IN 46032

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    1870 E 106th St, Carmel, IN 46032

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    763 Marana Dr, Carmel, IN 46032

    3 beds · 2 baths · 1,676 sq ft · Last Sold: $197,864 in 2003 · Built: 1987

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    Est. Value

    14078 Triple Crown Dr, Carmel, IN 46032

    3 beds · 2 baths · 2,822 sq ft · Last Sold: $461,500 in 2021 · Built: 2001

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    Est. Value

    413 Mari Way, Carmel, IN 46032

    3 beds · 2 baths · 2,650 sq ft · Built: 1999

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    Est. Value

    650 Edison Way, Carmel, IN 46032

    3 beds · 2 baths · 2,922 sq ft · Last Sold: $375,000 in 2020 · Built: 2005

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    Est. Value

    12177 Frenzel Pkwy, Carmel, IN 46032

    3 beds · 4 baths · 4,534 sq ft · Last Sold: $1,000,000 in 2024 · Built: 2018

Market Benchmarks

Compare data for 10506 Fergus Ave in Hamilton County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$281,227
$209,089
$72,138 (35%)
$******
$310,205
$163,070 (53%)
YoY Price Change
****%
3.01%
-24%
Year Built
1973
1972
1 year
Living Space
1,962 sq ft
1,582 sq ft
380 (24%)
$ Per Living Sq Ft
$143
$136
$7 (5%)
Lot Size
23,087 sq ft
12,807 sq ft
10280 (80%)
$ Per Lot Sq Ft
$12
$19
-$7 (-37%)

Net Operating Income
$*****
$14,155
$1,212 (9%)
Annual Revenue
$22,800
$19,800
$3,000 (15%)
$****
$5,253
$2,180 (42%)
Net Operating Income
$*****
$14,155
$1,212 (9%)
Cap Rate
****%
6.3%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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