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    9703 Michigan Rd Carmel, IN 46032-9615
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    Property profile & analytics

    9703 Michigan Rd, Carmel, IN 46032-9615

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    • Drive through restaurants
    • 3,140 SF
    • 1.38 lot acres
    Off-Market
    Property ID
    US31-3544279
    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.

    Value Estimations
    $640,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Freddy's Frozen Custard & Steakburgers / Restaurant / Take-out & Catering

    Property Details for 9703 Michigan Rd

    Year built
    2019
    Construction
    WOOD
    Lot size
    1.38 lot acres
    Property type
    Drive through restaurants
    APN
    29-13-07-402-025.000-018
    APU
    291307402025000018

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 23, 2020 — C Hill Land LLC — Deed · related $1.4M · Crossfirst Bk
    Jun 25, 2020 — C-hill Land LLC — Deed · related $1.4M · Crossfirst Bk
    Jun 19, 2020 — C Hill Land LLC — Deed · related $1.2M · Indiana Statewide Certified De
    May 29, 2020 — C Hill Land LLC — Deed · related $44k · Crossfirst Bk
    Nov 18, 2019 — C Hill Land LLC — Deed Of Trust · related $2.6M · Crossfirst Bk
    Mar 20, 2019 — C Hill Land LLC — Grant Deed · related $2.5M · Crossfirst Bk
    Mar 19, 2019 — C Hll Land LLC — Deed · related $860k · Crossfirst Bank
    Mar 12, 2012 $500,001 Klc Realty LLC Bowen,mark J Trustees Deed · related —
    Feb 22, 2005 — Visben LLC Indiana Ventures IV LLC Warranty Deed $245k · Salin Bank & Trust Co
    May 17, 2004 — Indiana Ventures IV LLC Grand Champion Tack & Saddlery Grant Deed $441k · Salin Bank & Trust Co
    — — C Hill Land LLC — Loan Modification · related $44k · Crossfirst Bk
    — — C Hill Land LLC — Deed Of Trust · related $1.2M · Indiana Statewide Certified De
    — — C-hill Land LLC — Deed Of Trust · related $1.4M · Crossfirst Bk
    — — C Hill Land LLC — Loan Modification · related $1.4M · Crossfirst Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $715,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $567,000
      Market price range: $275k - $567k
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $405,000
      Current use
      WAREHOUSE, STORAGE
      $445,000
      Change: +9% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2297
    Latitude
    39.9279
    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
    $30,250
    $992,000
    $508,500
    $1,500,500
    -
    $992,000
    $508,500
    $1,500,500

    Property Visit Statistics

    • Visits by month
      16.6k
    • Visitors by month
      12.8k
    • Avg Time on site
      22 min
    More about this property
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