For SaleNeutral Deal13 days on market
11575 Freeport Dr
11575 Freeport Dr, Carmel, IN 46032, Carmel, IN 46032
$1,650,000
Listing Price
11575 Freeport Dr, Carmel, IN 46032
Loc: Carmel, IN
Days Listed
13
Tax Assessed
$702k
Lot Size
2.90 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
Clay Center Elementary School
PK-5
2.2 mi away
9
Creekside Middle School
6-8
4.5 mi away
10
Carmel High School
9-12
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
traditionalstucco exteriorswimming poolcircular drivewaylarge wooded lotspacious backyardtwo-storygated-style entrancepitched roofluxury estateprivate settingsuburbanmulti-gabledlandscaped
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.70%
Total ROI
104.4%
Cash Flow
$648/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $648/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • 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 |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $1,650,000 | $192 |
| 2026-01-27 | Listing removed | $0 | – |
| 2025-10-29 | Price change | $1,610,000 | $188 |
| 2025-10-17 | Price change | $1,630,000 | $190 |
| 2025-10-07 | Price change | $1,650,000 | $192 |
| 2025-07-31 | Price change | $1,690,000 | $197 |
| 2025-06-02 | Listed for sale | $1,750,000 | $204 |
| 2025-06-01 | Listing removed | $1,750,000 | $204 |
| 2025-05-22 | Listed for sale | $1,750,000 | $204 |
| 2024-09-15 | Listing removed | $1,650,000 | $192 |
| 2024-06-17 | Listed for sale | $1,750,000 | $204 |
| 2024-04-06 | Listing removed | $0 | – |
| 2024-01-10 | Listed for sale | $1,650,000 | $192 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,586.46 | $701,700 |
| 2024 | $7,610.4 | $623,200 |
| 2023 | $7,506.88 | $625,900 |
| 2022 | $6,871.28 | $600,500 |
| 2021 | $6,921.24 | $549,700 |
| 2020 | $6,907.92 | $552,100 |
| 2019 | $6,899.88 | $552,100 |
| 2018 | $6,595.56 | $554,500 |
| 2017 | $7,264.86 | $528,600 |
| 2016 | $7,243.02 | $589,300 |
| 2014 | $7,153.24 | $588,800 |
| 2013 | $7,248.22 | $593,700 |
| 2012 | $7,582.42 | $769,600 |
| 2011 | $6,760.9 | $597,500 |
| 2010 | $6,771.22 | $597,500 |
| 2009 | $6,035.7 | $597,500 |
| 2007 | $6,452.24 | $597,500 |
| 2006 | $7,588.46 | $597,500 |
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