For SaleNeutral Deal12 days on market
1407 Lawrence Rd
1407 Lawrence Rd, Carmel, IN 46033, Carmel, IN 46033
$599,990
Listing Price
1407 Lawrence Rd, Carmel, IN 46033
Loc: Carmel, IN
Days Listed
12
Tax Assessed
$465k
Lot Size
0.30 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
0.2 mi away
9
Clay Middle School
6-8
1.2 mi away
10
Carmel High School
9-12
1 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
ranch stylebrick exteriorsingle storyspacious front yardlandscapedtraditionalshingle roofresidentialcurb appealsuburbanwell-maintainedshutters
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.41%
Total ROI
98.3%
Cash Flow
$94/mo
DSCR
1.03
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $94/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 |
|---|---|---|---|
| 2026-09-17 | Price change | $599,990 | $187 |
| 2026-09-11 | Listed for sale | $635,000 | $198 |
| 2009-04-06 | Sold | $260,000 | $81 |
| 2008-08-16 | Listing removed | $274,500 | $85 |
| 2008-07-01 | Listed for sale | $274,500 | $85 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,653.4 | $464,900 |
| 2024 | $4,492.46 | $420,700 |
| 2023 | $3,987.1 | $419,400 |
| 2022 | $3,516.34 | $351,600 |
| 2021 | $3,215.7 | $313,100 |
| 2020 | $3,145.54 | $288,300 |
| 2019 | $2,939.72 | $280,500 |
| 2018 | $2,721.56 | $267,200 |
| 2017 | $2,640.34 | $251,400 |
| 2016 | $2,512.26 | $243,400 |
| 2014 | $2,166 | $219,900 |
| 2013 | $2,394.22 | $233,300 |
| 2012 | $2,596.88 | $246,900 |
| 2011 | $2,359.4 | $240,700 |
| 2010 | $2,467.08 | $240,700 |
| 2009 | $1,992.82 | $233,200 |
| 2007 | $2,128.38 | $231,000 |
| 2006 | $2,316.88 | $216,100 |
| 2005 | $0 | $174,000 |
| 2002 | $1,825.38 | $100,000 |
| 2001 | $1,843.78 | $33,330 |
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