For SaleNeutral Deal5 days on market
12825 Andover Dr
12825 Andover Dr, Carmel, IN 46033, Carmel, IN 46033
$497,900
Listing Price
12825 Andover Dr, Carmel, IN 46033
Loc: Carmel, IN
Days Listed
5
Tax Assessed
$410k
Lot Size
0.37 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
Mohawk Trails Elementary School
PK-5
0.3 mi away
9
Clay Middle School
6-8
0.7 mi away
10
Carmel High School
9-12
1.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranchmodernmid-century inspiredasymmetrical rooflinewhite vertical sidingstone accentstwo-car garagelarge drivewaylush landscapingmature treeswell-manicured lawncovered entrywaysuburbanclean lines
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.38%
Total ROI
97.4%
Cash Flow
$62/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $62/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • Strong rental demand in Carmel
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $497,900 | $157 |
| 2018-09-25 | Sold | $289,900 | $91 |
| 2018-08-06 | Pending sale | $289,900 | $91 |
| 2018-08-02 | Listed for sale | $289,900 | $91 |
| 2014-07-03 | Sold | $259,900 | $82 |
| 2014-05-19 | Pending sale | $259,900 | $82 |
| 2014-04-15 | Price change | $259,900 | $82 |
| 2014-03-22 | Price change | $269,900 | $85 |
| 2014-02-21 | Listed for sale | $274,900 | $86 |
| 2013-10-18 | Sold | $147,500 | $46 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,248.86 | $409,800 |
| 2024 | $3,645.74 | $388,300 |
| 2023 | $3,564.68 | $349,400 |
| 2022 | $3,209.84 | $315,500 |
| 2021 | $2,780.52 | $287,900 |
| 2020 | $2,701.88 | $256,000 |
| 2019 | $2,620.68 | $251,900 |
| 2018 | $2,646.42 | $247,700 |
| 2017 | $2,587.28 | $245,700 |
| 2016 | $2,531.04 | $239,300 |
| 2014 | $2,259.04 | $222,600 |
| 2013 | $2,074.88 | $208,800 |
| 2012 | $2,112.48 | $210,100 |
| 2011 | $1,929.7 | $205,900 |
| 2010 | $2,017.78 | $205,900 |
| 2009 | $1,696.5 | $205,900 |
| 2007 | $1,836.46 | $205,900 |
| 2006 | $2,176.3 | $205,900 |
| 2005 | $0 | $160,600 |
| 2002 | $1,773.24 | $97,400 |
| 2001 | $1,791.5 | $32,470 |
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