For SaleNeutral Deal6 days on market
12863 Tradd St APT 1C
12863 Tradd St APT 1C, Carmel, IN 46032, Carmel, IN 46032
$259,000
Listing Price
12863 Tradd St APT 1C, Carmel, IN 46032
Loc: Carmel, IN
Days Listed
6
Tax Assessed
$215k
Type
condo
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
Clay Center Elementary School
PK-5
1.4 mi away
9
Creekside Middle School
6-8
1.1 mi away
10
Carmel High School
9-12
4.2 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
colonial revivalneoclassicalsymmetrical facadelarge columnspedimentclapboard sidingapartment buildingmulti-storybalconylandscapedshadedclassicprofessionalresidential
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.26%
Total ROI
94.8%
Cash Flow
$6/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $6/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • 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 | Listed for sale | $259,000 | $215 |
| 2026-09-17 | Listing removed | $259,000 | $215 |
| 2026-07-16 | Listed for sale | $259,000 | $215 |
| 2025-02-18 | Listing removed | $1,750 | $1 |
| 2024-12-15 | Listed for rent | $1,750 | $1 |
| 2024-12-06 | Sold | $240,000 | $199 |
| 2024-11-25 | Pending sale | $245,000 | $203 |
| 2024-11-20 | Listed for sale | $245,000 | $203 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,118.4 | $215,400 |
| 2024 | $3,028.04 | $156,100 |
| 2023 | $2,772.14 | $150,200 |
| 2022 | $2,403.98 | $134,400 |
| 2021 | $2,176.34 | $116,000 |
| 2020 | $1,602.82 | $105,000 |
| 2019 | $1,543.24 | $78,000 |
| 2018 | $1,392.14 | $74,100 |
| 2017 | $1,348.16 | $66,900 |
| 2016 | $1,327.26 | $64,100 |
| 2014 | $1,250.46 | $63,900 |
| 2013 | $1,385.66 | $69,100 |
| 2012 | $1,415.54 | $69,900 |
| 2011 | $1,219.54 | $64,200 |
| 2010 | $1,712.2 | $86,200 |
| 2009 | $1,634.86 | $95,000 |
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