550 Carmel Dr Carmel, IN 46032-2566
Property profile & analytics
550 Carmel Dr, Carmel, IN 46032-2566
- Warehouses
- 4,900 SF
- 3.46 lot acres
Property ID
US31-0303380
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.
Location Intelligence
Current Use by Public Records
- Carmel Drive Self Storage / Storage Facility
- Dominic's Design- Furniture Upholstery & Design / Furniture & Home Goods
- Rei Construction Services Trailer / Construction Company
Property Details for 550 Carmel Dr
- Year built
- 2001
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.46 lot acres
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 29-09-36-022-001.000-018
- APU
- 290936022001000018
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 6, 2017 | — | Carmel Drive Storage LLC | — | Deed · related | $3.4M · Miscellaneous Ins Co |
| Jun 5, 2017 | — | Carmel Drive Storage LLC | — | Deed · related | $800k · Miscellaneous Ins Co |
| — | — | Carmel Drive Storage LLC | — | Deed Of Trust · related | $2.6M · Ohio National Life Ins Co |
| — | — | Carmel Drive Storage LLC | — | Deed Of Trust · related | $800k · Miscellaneous Ins Co |
| — | — | Carmel Drive Storage LLC | — | Loan Modification · related | $3.4M · Miscellaneous Ins Co |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $915,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $795,000
- 6.5%
- $735,000
- 7%
- $685,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,020,000
- AI Estimate
- $1,149,000
Market price range: $484k - $1.02MMarket price range: $151k - $1.15M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $705,000 Current use
- RETAIL STORES
- $1,625,000 Change: +130% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,415,000 Change: +100% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,360,000 Change: +92% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Carmel
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1365
- Latitude
- 39.9639
- 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
$72,756
$951,500
$2,653,700
$3,605,200
-
$951,500
$2,653,700
$3,605,200
