For SaleNeutral Deal34 days on market
10306 New Jersey St
10306 New Jersey St, Carmel, IN 46280, Carmel, IN 46280
$415,000
Listing Price
10306 New Jersey St, Carmel, IN 46280
Loc: Carmel, IN
Days Listed
34
Tax Assessed
$279k
Lot Size
0.48 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
Forest Dale Elementary School
PK-5
2.3 mi away
8
Carmel Middle School
6-8
2.8 mi away
10
Carmel High School
9-12
3.5 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 stylesingle-storybrick exteriormid-century modernlarge lawnmature treesspacious backyardlandscapedcozy atmosphereresidentialsuburbanevening lighting
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.50%
Total ROI
100.1%
Cash Flow
$94/mo
DSCR
1.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $94/mo net cash flow with a 6.5% 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 |
|---|---|---|---|
| 2026-09-23 | Price change | $415,000 | $157 |
| 2026-08-20 | Listed for sale | $419,000 | $159 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,838.96 | $278,500 |
| 2024 | $2,186.14 | $274,000 |
| 2023 | $2,063.64 | $227,200 |
| 2022 | $1,697.82 | $202,300 |
| 2021 | $3,057.24 | $174,900 |
| 2020 | $1,379.66 | $150,500 |
| 2019 | $0 | $152,100 |
| 2018 | $1,400.08 | $150,400 |
| 2017 | $1,098.63 | $155,100 |
| 2016 | $973.48 | $141,900 |
| 2014 | $948.88 | $136,400 |
| 2013 | $963.94 | $136,400 |
| 2012 | $847.64 | $135,600 |
| 2011 | $782.18 | $134,800 |
| 2010 | $853.82 | $134,800 |
| 2009 | $649.94 | $134,800 |
| 2007 | $825.42 | $134,800 |
Similar Properties Nearby
Explore other investment opportunities in Carmel.