home in Carmel, IN
This 8,752-square-foot home in Carmel, IN includes 7 bedrooms and 8 bathrooms. It sits within the greater Carmel, CA area.
| Price | $2,200,000 |
|---|
| Beds | 7 |
|---|
| Baths | 8 |
|---|
| Sqft | 8752 |
|---|
| Address | 14038 Salsbury Creek Dr, Carmel, IN 46032 |
|---|
Why buy this home
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little above the area.
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 $14,407/month with 20% down at a 7.28% 30-year fixed rate. You would need about $617,449 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $12,042/mo |
|---|
| Property tax (new-buyer reassessed rate) | $1,540/mo |
|---|
| Homeowners insurance | $825/mo |
|---|
| Total monthly | $14,407/mo |
|---|
| Down payment (20%) | $440,000 |
|---|
| Income needed | $617,449/yr |
|---|
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) |
|---|
| Beats renting in | 12% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $1,024,568 |
|---|
| Range (10th to 90th pct) | $593,253 to $1,520,762 |
|---|
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