OFF_MARKETExcellent Deal25 days on market
9797 Ditch Rd
9797 Ditch Rd, Carmel, IN 46032, Carmel, IN 46032
9797 Ditch Rd, Carmel, IN 46032
Loc: Carmel, IN
Days Listed
25
Tax Assessed
$353k
Zestimate®
$452k
Market Rate
Lot Size
1.28 acres
Rent Estimate
$3,588/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
Towne Meadow Elementary School
PK-5
1.6 mi away
9
Creekside Middle School
6-8
3.3 mi away
10
Carmel High School
9-12
4.8 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
7.55%
Total ROI
27.4%
Cash Flow
$617/mo
DSCR
1.24
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10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-17 | Sold | $450,000 | $124 |
| 2026-07-02 | Pending sale | $475,000 | $130 |
| 2026-06-25 | Price change | $475,000 | $130 |
| 2026-06-10 | Listed for sale | $499,000 | $137 |
| 2026-05-16 | Pending sale | $499,000 | $137 |
| 2026-05-04 | Price change | $499,000 | $137 |
| 2026-04-18 | Listed for sale | $555,000 | $152 |
| 2026-02-01 | Listing removed | $530,000 | $146 |
| 2025-11-11 | Price change | $530,000 | $146 |
| 2025-11-01 | Price change | $540,000 | $148 |
| 2025-10-14 | Price change | $550,000 | $151 |
| 2025-10-03 | Price change | $570,000 | $157 |
| 2025-09-25 | Price change | $579,000 | $159 |
| 2025-08-19 | Listed for sale | $585,000 | $161 |
| 2023-04-12 | Listing removed | $0 | – |
| 2023-01-07 | Price change | $477,000 | $131 |
| 2022-11-06 | Price change | $487,000 | $134 |
| 2022-10-13 | Listed for sale | $497,000 | $136 |
| 2018-06-27 | Listing removed | $2,100 | $1 |
| 2018-06-08 | Listed for rent | $2,100 | $1 |
| 2017-11-06 | Listing removed | $1,990 | $1 |
| 2017-10-04 | Price change | $1,990 | $1 |
| 2017-08-29 | Price change | $2,250 | $1 |
| 2017-05-01 | Listed for rent | $2,450 | $1 |
| 2014-11-23 | Listing removed | $2,100 | $1 |
| 2014-10-28 | Listed for rent | $2,100 | $1 |
| 2010-09-02 | Sold | $265,000 | $73 |
| 2008-05-16 | Sold | $253,000 | $69 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,494.52 | $352,600 |
| 2024 | $6,554.02 | $325,100 |
| 2023 | $6,014.54 | $325,100 |
| 2022 | $5,721.9 | $291,600 |
| 2021 | $5,836.72 | $276,100 |
| 2020 | $5,755.78 | $281,600 |
| 2019 | $5,721.16 | $280,100 |
| 2018 | $6,213.32 | $280,100 |
| 2017 | $5,809.34 | $305,300 |
| 2016 | $5,147.52 | $282,600 |
| 2014 | $2,653.36 | $246,100 |
| 2010 | $2,064 | $244,200 |
| 2009 | $1,612.52 | $244,200 |
| 2007 | $2,024.4 | $249,800 |
| 2006 | $2,430.06 | $253,800 |
| 2005 | $0 | $204,700 |
| 2002 | $1,764.72 | $107,800 |
| 2001 | $1,828.28 | $35,930 |
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: $499,000Rent Basis: Observed Comp Model ($3,588/mo)State Tax Benchmark: 0.81% (IN)Hazard Reserve: $146/mo
Haven ScoreRisky
2/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
5.72%
NOI: $28,545/yr
Cash-on-Cash Yield
-2.2%
On $114,770 invested
DSCR Ratio
0.92x
Negative debt coverage
5-Yr Leveraged ROI
+83.2%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.81% of basis)-$238/mo
Homeowner / Hazard Insurance-$146/mo
Vacancy Reserve (5% of rent)-$179/mo
Repairs & Maintenance (10% of rent)-$359/mo
Property Management (8% of rent)-$287/mo
Total Pure Operating Expenses-$1,209/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,588/mo
Less: Operating Expenses-$1,209/mo
Net Operating Income (NOI)+$2,379/mo
Less: Debt Service (30yr @ 6.75%)-$2,589/mo
Net Cash Flow
$-210/mo
$-2,525/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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