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    Property profile & analytics

    12845 Old Meridian St Carmel, IN 46032-8704

    • Hotels
    • 58,255 SF
    • 1.95 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1275903
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tesla Destination Charger / Electric Vehicle Charging Station
    • Home2 Suites by Hilton Carmel Indianapolis / Hotel / Extended Stay Hotel
    • British Swim School at Home2 Suites – Carmel / Swimming School / Swim Club

    Property Details for 12845 Old Meridian St

    Year built
    2019
    Construction
    WOOD
    Lot size
    1.95 lot acres
    Property size
    58,255 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    29-09-26-403-001.000-018
    APU
    290926403001000018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1479
    Latitude
    39.9747
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $109,979
    $780,000
    $4,671,600
    $5,451,600
    -
    $780,000
    $4,671,600
    $5,451,600

    Comparable in this City

    • Value Estimation by Request
      3,094 SF

      Jacksons Grant Blvd

      HOTEL/MOTEL • 3,094 SF
      Jacksons Grant Blvd, Carmel, IN 46032
      View Details
    • Value Estimation by Request
      87,181 SF

      11895 Meridian St

      HOTEL/MOTEL • 87,181 SF
      11895 Meridian St, Carmel, IN 46032-4630
      View Details
    • Value Estimation by Request
      2,171 SF

      300 Providence Blvd

      HOTEL/MOTEL • 2,171 SF
      300 Providence Blvd, Carmel, IN 46032-4508
      View Details
    • Value Estimation
      $460,000
      2,776 SF

      Rangeline Rd

      HOTEL/MOTEL • 2,776 SF
      Rangeline Rd, Carmel, IN 46032
      View Details
    • Value Estimation by Request
      1,805 SF

      1411 Fairfax Mnr Dr

      HOTEL/MOTEL • 1,805 SF
      1411 Fairfax Mnr Dr, Carmel, IN 46032-2325
      View Details
    • Value Estimation by Request
      63,988 SF

      13090 Pennsylvania St

      HOTEL/MOTEL • 63,988 SF
      13090 Pennsylvania St, Carmel, IN 46032-5404
      View Details

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      Carmel Retail Condominiums For Sale

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      Carmel Land For Sale

      Approximately 1.78 acres of land zoned UC.
      12800 N Old Meridian St, Carmel, IN 46032
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    Similar Nearby for Lease

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      Monon Square Retail Spaces

      Midtown Carmel retail, restaurant opportunities.
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      Carmel Office Space Available

      Flexible workspace solutions in Carmel, IN.
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      Carmel Executive Suites: Prime Location

      Class A Office Space, Multiple Suites Available
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    Property Visit Statistics

    • Visits by month
      6.7k
    • Visitors by month
      3.2k
    • Avg Time on site
      476 min
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    Carmel, IN 46032-8704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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