OFF_MARKETExcellent Deal7 days on market

13986 Salsbury Creek Dr

13986 Salsbury Creek Dr, Carmel, IN 46032, Carmel, IN 46032
$1,650,000
Zestimate®:$1,586,000

Listing Price

Property image 1
13986 Salsbury Creek Dr, Carmel, IN 46032
Loc: Carmel, IN
Days Listed
7
Tax Assessed
$1263k
Zestimate®
$1586k
Market Rate
Lot Size
0.60 acres
Rent Estimate
$7,280/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Smoky Row Elementary School

PK-5
0.5 mi away
8

Carmel Middle School

6-8
1.6 mi away
10

Carmel High School

9-12
2.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.65%
Total ROI
27.9%
Cash Flow
$2,174/mo
DSCR
1.26
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-20Sold$1,580,000$193
2026-06-23Pending sale$1,599,999$196
2026-05-28Price change$1,599,999$196
2026-05-06Listed for sale$1,650,000$202
2022-04-15Sold$1,325,000$162
2022-03-03Pending sale$1,395,000$171
2022-02-23Listed for sale$1,395,000$171

Tax History

YearProperty TaxTax Assessment
2025$13,443.7$1,262,600
2024$13,362.28$1,164,500
2023$12,285.36$1,164,500
2022$10,675.06$1,060,200
2021$10,767.4$932,000
2020$10,547.4$939,900
2019$10,199.08$920,500
2018$10,018.56$902,600
2017$9,847.96$886,800
2016$9,545.52$887,300
2014$8,759.28$795,900
2013$8,829.84$802,200
2012$9,240.88$838,900
2011$9,322.74$831,900
2010$9,823.9$876,000
2009$8,921.48$876,000
2007$9,629.98$876,000
2006$11,432.9$769,900
2005$0$600
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
7
Sq Ft
8,181
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,650,000Rent Basis: Observed Comp Model ($7,280/mo)State Tax Benchmark: 0.81% (IN)Hazard Reserve: $481/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.11%

NOI: $51,268/yr

Cash-on-Cash Yield
-13.6%

On $379,500 invested

DSCR Ratio
0.50x

Negative debt coverage

5-Yr Leveraged ROI
+26.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.81% of basis)-$852/mo
Homeowner / Hazard Insurance-$481/mo
Vacancy Reserve (5% of rent)-$364/mo
Repairs & Maintenance (10% of rent)-$728/mo
Property Management (8% of rent)-$582/mo
Total Pure Operating Expenses-$3,008/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,280/mo
Less: Operating Expenses-$3,008/mo
Net Operating Income (NOI)+$4,272/mo
Less: Debt Service (30yr @ 6.75%)-$8,561/mo
Net Cash Flow
$-4,289/mo
$-51,470/year
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