Neighborhood
429 Oak Dr, Carmel, IN 46032
4 beds · 2 baths · 1,806 sq ft · Lot: 9,583 sq ft · Single Family Home · Last Sold: $113K in 2006 · Built: 1972
Est. Value:
$360K
Est. Rent:
$2.8K/month

429 Oak Dr Carmel, IN 46032

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4 beds · 2 baths · 1,806 sq ft · Lot Size: 9,583 sq ft · Single Family Home · Carmel City Center
Est. Property Value: $359,874

Owned for 15 - 25 YearsOwner Age Above 75

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429 Oak Dr is in the Carmel City Center neighborhood of Carmel, IN. It is located in Hamilton County and ZIP code 46032. This Single Family Home was built in 1972 and is approximately 53 years old. The single family home spans 1806 sq ft with 4 bedrooms and 2 bathrooms and sits on a 9583 sq ft lot. According to public records, it was last sold in 2006 for $113,050 and has a tax-assessed value of $361,400, which is $199 per sq ft. The Carmel City Center area of Carmel has 419 residential homes with an average size of 2046 sq ft. Analyze and compare real estate investment strategies for properties like this home at 429 Oak Dr Carmel, IN 46032 with Property Intel by Whitepages.

Investment Potential for 429 Oak Dr

The property has a current estimated value of $359,874, which is 12% below the neighborhood median, based on public records. It last sold on March 27, 2006 for $113K. Projected long-term
is $33,600 annually ($2,800 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$33,600 per year($2,800 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
92%in 46032 zip code
 
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Owners & Occupancy for 429 Oak Dr

This property is owned by Annette C Miller. Owner contact information includes 2 phone numbers and 1 email address.

Property Owners

Cell Phone(330) ***-****View Cell Phone
Residence**********
Landline
Distance from Property**********
Email Address*******@gmail.comView Email
View All Owner Info

Property Ownership Information

Purchase DateMarch 27, 2006
Property Tax Amount$7,997 in 2023
Purchase Price$113,050

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 81

Property Details for 429 Oak Dr

Property Details

Property Sq Ft

Living Area

1,806 sq ft

12% below market

Lot Size

9,583 sq ft

19% below market

Price Per Sq Ft

Living Area

$199 / sq ft

1% below market

Lot Size Area

$38 / sq ft

10% above market

Property condition, age, exterior, etc. for 429 Oak Dr…
Longitude: -86.138444 Latitude: 39.972517 Parcel Number (APN): 29-09-25-309-017.000-018…
Mortgage originated on through lender: Trustcorp Mtg for$*****View Mortgage Details
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Market Benchmarks

Compare data for 429 Oak Dr in Hamilton County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$359,874
$307,814
$52,060 (17%)
$******
$430,225
$133,621 (31%)
YoY Price Change
****%
1.99%
96%
Year Built
1972
1988
-16 years
Living Space
1,806 sq ft
2,408 sq ft
-602 (-25%)
$ Per Living Sq Ft
$199
$133
$66 (50%)
Lot Size
9,583 sq ft
15,450 sq ft
-5867 (-38%)
$ Per Lot Sq Ft
$38
$25
$12 (47%)

Net Operating Income
$*****
$23,840
-$5,357 (-22%)
Annual Revenue
$33,600
$32,400
$1,200 (4%)
$*****
$8,306
$6,811 (82%)
Net Operating Income
$*****
$23,840
-$5,357 (-22%)
Cap Rate
****%
7.04%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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