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(SOLD) $427,000

5022 Colfax Circle Carmel, IN  46033

  • 2 Beds
  • 2 Baths
  • 2,625 sq. Ft

Property Description for 5022 Colfax Circle Carmel, IN 46033

This 2 bedroom, 2 bath home with an updated kitchen and baths blends charm and modern convenience. Nestled in a serene and sought-after neighborhood in Carmel, this home offers comfortable living space with tasteful updates that elevates its appeal. The recently renovated kitchen features sleek quartz countertops, custom cabinetry, and stainless steel appliances. The open layout to the dining area provides ample space for cooking and entertaining. Both bathrooms have been tastefully renovated, featuring new finishes, stylish vanities, and updated lighting. This home also offers an inviting sunroom, a perfect blend of indoor comfort and outdoor beauty. Whether you're enjoying your morning coffee, hosting a summer evening gathering, or simply unwinding with a good book, this space offers a peaceful escape from the everyday hustle and bustle. Roof 2020, HVAC 2022, Kitchen/Laundry Remodel 2021, Luxury Vinyl Plank 2020, Water Heater 2021, Master Bath remodel 2024, Hall Bath Remodel 2023. This updated home is a rare find!

Address:5022 Colfax Circle Carmel IN 46033
Status:Sold
Sold On: 9/26/2024
Price:$410,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,625
Year Built:1988
Lot Size:0.21
County: Hamilton
Township: Clay
MLS #:21995400
Property Type:Single Family Residence

Lot Dimensions:9148
Water Source:Municipal/City
Directions:Neighborhood is on the northeast corner of 126th and Gray. Turn onto Terrace Dr, left on Colfax Circle.
Main Level Sq. Ft. :1,889
Total Sq. Ft. :2,625
Basement:Yes

Loan Price
$2,659
Price And Interest $2,227/month
Property Tax $254/month
MTG INS $0/month
HOME INS $178/month
Price
$427,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$254/month
Home Owner Insurance
$2,136 / year
HOA Dues
$83 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 21 x 13 Main
Dining Room 13 x 12 Main
Kitchen 14 x 9 Main
Laundry 9 x 5 Main
Primary Bedroom 15 x 13 Main
Bedroom 2 13 x 12 Main
Family Room 21 x 12 Main
Sun Room 12 x 12 Main

Semi-Annual Property Tax:$1,526
Tax Year:2022
Mandatory HOA Fee:$1,000
HOA Fee Paid:Annually

Area: 2910 - Hamilton - Clay
City:Carmel
Subdivision: Terrace At Mohawk Crossing
Zip Code:46033

Total Sq. Ft.:2,625
Interior Features:Attic Pull Down Stairs, Built In Book Shelves, Entrance Foyer, Paddle Fan, Eat-in Kitchen, Programmable Thermostat, Screens Complete, Walk-in Closet(s), Windows Wood, Wood Work Painted
Interior Area(s):Living Room Formal
Eating Area(s):Dining Combo/Kitchen
Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Kitchen Exhaust, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Smoke Alarm, Sump Pump
Exterior Type:Brick
Fireplace(s):Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Kitchen Exhaust, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:5
Jaime Reagan-Hensley, REALTOR®/Broker, F. C. Tucker Company
Jaime Reagan-Hensley
Phone (317) 370-5264
Additional Phone (317) 844-4200
F.C. Tucker Company

Listing provided courtesy of Jaime Hensley with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/13/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Carmel Market Report

79
Avg. DOM
$248.96
Avg. $ / Sq.Ft.
$ 631,000
Med. List Price

The house prices in Carmel are indeed dropping at the moment. There has been a decrease in price of $65,637.38. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Carmel are going Down. The average house price is $631,000.00 and the average price per square feet is $248.96 per square feet. At the moment, the amount of homes listed is exactly 1413 houses, with 136 with active status, 128 with pending status and 1149 sold in Carmel .

The most popular place to buy a home in Carmel is 2910 - Hamilton - Clay. 2910 - Hamilton - Clay is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Carmel .

The average amount of property taxes you would have to pay for a home in Carmel is $5,491.24. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Carmel are staying listed for an average of 58 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Carmel was 2116 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Carmel is $5,195,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Carmel is $205,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Carmel in year 1940 and the newest built house is in year 2024.

The average size of properties in Carmel is 3609.92 sq.ft. , the biggest one being 27236 sq.ft. and the smaller being 1044 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.