For SaleNeutral Deal28 days on market
3870 Coventry Way
3870 Coventry Way, Carmel, IN 46033, Carmel, IN 46033
$750,000
Listing Price
3870 Coventry Way, Carmel, IN 46033
Loc: Carmel, IN
Days Listed
28
Tax Assessed
$497k
Lot Size
0.68 acres
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
Mohawk Trails Elementary School
PK-5
0.1 mi away
9
Clay Middle School
6-8
1 mi away
10
Carmel High School
9-12
1.2 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
traditional suburban homebrick exteriorasphalt shingle rooftwo-car garagein-ground swimming poolspacious lawnlandscaped groundsmature treesfenced backyardprivate drivewayresidential propertysuburban neighborhoodmulti-level design
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.50%
Total ROI
100.2%
Cash Flow
$174/mo
DSCR
1.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $174/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • 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 |
|---|---|---|---|
| 2026-09-11 | Price change | $750,000 | $154 |
| 2026-09-09 | Price change | $775,000 | $160 |
| 2026-08-26 | Listed for sale | $800,000 | $165 |
| 2005-08-11 | Sold | $353,000 | $73 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,022.98 | $497,300 |
| 2024 | $5,095.24 | $482,900 |
| 2023 | $5,245.66 | $463,700 |
| 2022 | $4,897.46 | $455,300 |
| 2021 | $4,522.66 | $428,800 |
| 2020 | $4,356.68 | $396,100 |
| 2019 | $4,404.96 | $381,700 |
| 2018 | $4,152.26 | $392,800 |
| 2017 | $3,979.9 | $370,500 |
| 2016 | $3,883.9 | $352,100 |
| 2014 | $3,855.54 | $350,200 |
| 2013 | $3,692.26 | $335,200 |
| 2012 | $3,615.02 | $328,200 |
| 2011 | $3,442.18 | $324,300 |
| 2010 | $3,599.28 | $324,300 |
| 2009 | $3,030.04 | $324,300 |
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