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$494,900 (Pending)

485 American Way S Carmel, IN  46032

  • 3 Beds
  • 3 Baths
  • 2,737 sq. Ft

Property Description for 485 American Way S Carmel, IN 46032

Step into luxury living in the heart of the Arts & Design District with this impeccable 3-bed, 2.5-bath condo. Entertain with ease in the open-plan living space, complete with gleaming hardwood floors, a cozy gas fireplace, and a gourmet kitchen boasting all appliances. The allure continues upstairs with a fully renovated master bath, offering a spa-like retreat. Each bedroom features California closets, ensuring ample storage and organization. Enjoy morning coffee in the breakfast room overlooking the vibrant neighborhood. Multiple balconies offer additional space for relaxation and enjoying the surroundings. With a 2-car garage, washer, and dryer included, this home offers convenience and style in one package. Welcome home to sophistication and comfort!" (HVAC replaced in 2022 and water heater replaced in 2023). This community is within walking distance of the Carmel Farmers Market & Carmel Christkindlmarkt, the Monon Trail, & numerous art galleries, boutiques, restaurants, and cafes. The location is perfect for leisurely strolls and exploring local art!

Address:485 American Way S Carmel IN 46032
Status:Pending
on site: 14 days
Price:$494,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,737
Year Built:2004
Lot Size:0.05
County: Hamilton
Township: Clay
MLS #:21941397
Property Type:Condominium
Buyer Broker Compensation: 3.0%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:2178
Lot Features:Not Applicable
Water Source:Municipal/City
Directions:From Rangeline, go West on City Center Drive. South on 3rd Ave SW, west on American Way North. American Way North will become American Way West and then American Way South. Street parking available in front.
Main Level Sq. Ft. :867
Upper Level Sq. Ft. :927
Total Sq. Ft. :2,737
Basement:Yes

Loan Price
$3,072
Price And Interest $2,582/month
Property Tax $284/month
MTG INS $0/month
HOME INS $206/month
Price
$494,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$284/month
Home Owner Insurance
$2,472 / year
HOA Dues
$465 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Family Room 19x16 Main
Primary Bedroom 19x16 Upper
Bedroom 2 13x10 Upper
Bedroom 3 12x11 Upper
Kitchen 15x13 Main
Dining Room 14x12 Main
Breakfast Room 12x10 Main
Bonus Room 16x15 Basement

Semi-Annual Property Tax:$1,703
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$465
HOA Fee Paid:Monthly

Area: 2910 - Hamilton - Clay
City:Carmel
Subdivision: Commons At City Centre
Zip Code:46032

Total Sq. Ft.:2,737
Interior Features:Attic Access, Breakfast Bar, Hardwood Floors, Pantry, Walk-in Closet(s), Wood Work Painted
Eating Area(s):Breakfast Room, Formal Dining Room, Separate Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
Equipment:Sump Pump
Exterior Features:Balcony
Exterior Type:Brick
Fireplace(s):Family Room, Gas Starter
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
Total Rooms:8
Angel Dean, REALTOR®/Broker, F. C. Tucker Company
Angel Dean
Phone (317) 752-0355
Additional Phone (317) 846-7751
F.C. Tucker Company
VISIT MY PROFILE

Schools in 485 American Way S Carmel, IN  46032


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Listing provided courtesy of Angel Dean with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/01/2024 12:00 AM. 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.



Carmel Market Report

68
Avg. DOM
$252.63
Avg. $ / Sq.Ft.
$ 587,500
Med. List Price

The house prices in Carmel are indeed dropping at the moment. There has been a decrease in price of $20,008.29. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Carmel are going Down. The average house price is $547,950.00 and the average price per square feet is $255.89 per square feet. At the moment, the amount of homes listed is exactly 1162 houses, with 94 with active status, 155 with pending status and 913 sold in Carmel .

The most popular place to buy a home in Carmel is 2910 - Hamilton - Clay. 2910 - Hamilton - Clay is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Carmel .

The average amount of property taxes you would have to pay for a home in Carmel is $4,345.97. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Carmel are staying listed for an average of 70 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Carmel was 1484 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Carmel is $5,875,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Carmel is $245,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Carmel in year 1890 and the newest built house is in year 2024.

The average size of properties in Carmel is 3420.34 sq.ft. , the biggest one being 9133 sq.ft. and the smaller being 775 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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