OFF_MARKETExcellent Deal12 days on market

3172 Smokey Ridge Ln

3172 Smokey Ridge Ln, Carmel, IN 46033, Carmel, IN 46033
$1,160,000
Zestimate®:$1,109,900

Listing Price

Property image 1
3172 Smokey Ridge Ln, Carmel, IN 46033
Loc: Carmel, IN
Days Listed
12
Tax Assessed
$934k
Zestimate®
$1110k
Market Rate
Lot Size
0.44 acres
Rent Estimate
$5,576/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

Cherry Tree Elementary School

PK-5
2.2 mi away
9

Clay Middle School

6-8
2.1 mi away
10

Carmel High School

9-12
0.9 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
7.57%
Total ROI
27.5%
Cash Flow
$1,452/mo
DSCR
1.25
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-12Sold$1,100,000$144
2026-05-16Pending sale$1,100,000$144
2026-05-15Price change$1,100,000$144
2026-05-05Price change$1,160,000$152
2026-05-01Listed for sale$1,260,000$165
2025-12-17Listing removed$1,187,700$156
2025-10-23Price change$1,187,700$156
2025-10-17Price change$1,197,700$157
2025-10-11Listed for sale$1,237,779$162
2021-09-30Sold$717,500$94
2021-08-19Pending sale$750,000$98
2021-08-13Listed for sale$750,000$98
2021-08-13Listing removed$0
2021-07-23Listed for sale$750,000$98

Tax History

YearProperty TaxTax Assessment
2025$10,417.14$934,000
2024$8,767.06$906,700
2023$7,877.94$770,600
2022$6,740.74$687,300
2021$6,572.24$594,400
2020$6,596.32$579,700
2019$6,475.24$581,800
2018$6,102.24$581,800
2017$5,882.4$548,600
2016$5,870.26$537,500
2014$5,845.96$534,200
2013$5,845.98$534,200
2012$5,790.76$529,200
2011$6,330.54$568,800
2010$6,328.84$568,800
2009$5,635.82$568,800
2007$7,008.5$650,600
2006$7,570.86$597,300
2005$0$496,000
2002$6,302.6$335,200
2001$6,366.6$111,730
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
6
Sq Ft
7,621
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: $1,160,000Rent Basis: Observed Comp Model ($5,576/mo)State Tax Benchmark: 0.81% (IN)Hazard Reserve: $338/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.44%

NOI: $39,901/yr

Cash-on-Cash Yield
-12.1%

On $266,800 invested

DSCR Ratio
0.55x

Negative debt coverage

5-Yr Leveraged ROI
+33.6%

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)-$630/mo
Homeowner / Hazard Insurance-$338/mo
Vacancy Reserve (5% of rent)-$279/mo
Repairs & Maintenance (10% of rent)-$558/mo
Property Management (8% of rent)-$446/mo
Total Pure Operating Expenses-$2,251/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,576/mo
Less: Operating Expenses-$2,251/mo
Net Operating Income (NOI)+$3,325/mo
Less: Debt Service (30yr @ 6.75%)-$6,019/mo
Net Cash Flow
$-2,694/mo
$-32,327/year
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3172 Smokey Ridge Ln | Carmel, IN | Haven AI Analysis | Haven by ScoutHavens