Townhouse / Rowhouse home in Carmel, IN
Set in Carmel, IN, this Townhouse home provides 3 bedrooms and 3 bathrooms across 1,778 square feet. The Townhouse styling carries through the home's design.
| Price | $415,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 1778 |
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| Architectural style | Townhouse / Rowhouse (93% match) |
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| Address | 648 Lagerfield Dr, Carmel, IN 46032 |
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Why buy this home
- Confirmed Townhouse / Rowhouse architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little under the area.
- At $415K, this home is 9% below the $455K median for 20 similar Townhouse / Rowhouse homes in Carmel, CA.
- That works out to $233 per square foot, 1% above the $231 comparable rate.
- New to market (2 days), so expect competition.
| This home | $415,000 |
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| Townhouse / Rowhouse median in Carmel, CA | $454,700 (20 homes) |
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| Price per sq ft | $233 vs. $231 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,718/month with 20% down at a 7.28% 30-year fixed rate. You would need about $116,473 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,272/mo |
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| Property tax (new-buyer reassessed rate) | $291/mo |
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| Homeowners insurance | $156/mo |
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| Total monthly | $2,718/mo |
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| Down payment (20%) | $83,000 |
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| Income needed | $116,473/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (61 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (61/100) |
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| Beats renting in | 13% of modeled paths |
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| Modeled 5-yr equity (median) | $194,931 |
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| Range (10th to 90th pct) | $112,563 to $290,933 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow