For SaleNeutral Deal0 days on market
545 2nd Ave NE
545 2nd Ave NE, Carmel, IN 46032, Carmel, IN 46032
$2,095,000
Listing Price
545 2nd Ave NE, Carmel, IN 46032
Loc: Carmel, IN
Days Listed
0
Tax Assessed
$829k
Lot Size
7,405 sqft
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.
8
Carmel Elementary School
PK-5
0.6 mi away
8
Carmel Middle School
6-8
1.1 mi away
10
Carmel High School
9-12
0.3 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
modern farmhousetwo-storycovered porchesdouble balconiessymmetrical designboard and batten sidingblack shuttersblack window framesgabled roofarch windowlandscaped lawninvitingcurb appealclassic architecture
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.72%
Total ROI
105.0%
Cash Flow
$864/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $864/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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $2,095,000 | $417 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $9,164.48 | $828,700 |
| 2024 | $8,762.38 | $800,000 |
| 2023 | $6,823.02 | $770,200 |
| 2022 | $6,119.36 | $596,300 |
| 2021 | $6,112.6 | $539,600 |
| 2020 | $5,660.98 | $539,600 |
| 2019 | $1,299 | $500,200 |
| 2018 | $1,251.14 | $147,800 |
| 2017 | $1,222.2 | $144,500 |
| 2016 | $1,442.8 | $141,400 |
| 2014 | $2,876.64 | $147,000 |
| 2013 | $1,254.62 | $142,100 |
| 2012 | $1,252.52 | $141,000 |
| 2011 | $929.28 | $121,700 |
| 2010 | $971.7 | $121,700 |
| 2009 | $899.22 | $129,000 |
| 2007 | $852.96 | $119,100 |
| 2006 | $1,046.28 | $123,000 |
| 2005 | $0 | $94,600 |
| 2002 | $481.42 | $32,600 |
| 2001 | $486.56 | $10,870 |
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