For SaleNeutral Deal0 days on market
2928 Tolkien Dr
2928 Tolkien Dr, Carmel, IN 46033, Carmel, IN 46033
$700,000
Listing Price
2928 Tolkien Dr, Carmel, IN 46033
Loc: Carmel, IN
Days Listed
0
Tax Assessed
$611k
Lot Size
6,098 sqft
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
Cherry Tree Elementary School
PK-5
2.3 mi away
9
Clay Middle School
6-8
2.2 mi away
10
Carmel High School
9-12
0.8 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
craftsmanranchsidingstone veneerboard and battencovered porchcurb appeallandscapedresidentialtraditionalsingle-storysuburbangabled roof
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.34%
Total ROI
96.6%
Cash Flow
$63/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $63/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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $700,000 | $344 |
| 2023-05-09 | Sold | $637,690 | $313 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,963.7 | $611,000 |
| 2024 | $7,596.28 | $611,800 |
| 2023 | $0 | $376,800 |
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