Sold425d on market
88 Sherman Dr
Carmel, IN, 46032 • 46032 • Hamilton County
$390,000
$304/sqft
3Beds
2Baths
1,284Sqft
0.27 acLot
1961Built
Property DNA
Ranch Style
Built 1961 · 65 years of history
Johnson
46032
Outdoor Living
Patio
1-Car Garage
Attached
This home is getting attention
Listed 425 days ago · 2 views
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
425 days on market
Established listing
$304/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 44% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1961
Updated 3 bedroom ranch home on a huge fully fenced 0.27 acre lot just 1/2 mile to everything that is downtown Carmel. Incredible location within walking distance to the Monon Trail and the entire Arts and Design District while also just a 7 min drive to 465/US31. Booming development offers more in the area in the upcoming future! New flooring and paint throughout, remodeled kitchen offering an open concept floorplan, huge brick pavers patio overlooking the west facing rear yard. Fitting for investors or owner occupants. Do not miss out on this opportunity!
Standout features identified
Our analysis highlights remodeled kitchen, new flooring, and west facing rear yard as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,443/month
Principal & Interest$1,923
Property Tax$390
Insurance$130
Down payment20% ($78,000)
3%50%
Est. 6.26% rate · 30yr fixed · $312,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1961
HeatingForced Air
Parking1 Attached Garage space
Lot0.27 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1961
Stories1
Systems
HeatingForced Air
ConstructionAluminum Siding, Stone, Wood
Water / SewerMunicipal/City
Parking & Outdoor
ParkingAttached
Garage1 spaces
FencingFenced,Fence Full Rear,Privacy
Lot0.27 Acres
Location & Tax
Neighborhood46032
Annual tax$2,508
Parcel290925302007000018
Bathrooms & Fees
Full baths1
Features & details
11 categories of property features
Interior Features
Interior
Eat-in Kitchen
Appliances
Dryer
Electric Oven
Range Hood
Washer
Electric Water Heater
Heating
Forced Air
Laundry
Main Level
Windows
Screens Some
Storms Some
Exterior Features
Exterior
Other
Parking
Attached
Construction
Aluminum Siding
Stone
Wood
Patio & Porch
Patio
Lot Features
Mature Trees
Utilities
Sewer Connected
Water Connected
Room details
7 rooms detailed
Master Bedroom
Main12×10 ft120 sqft
Carpet
Bedroom2
Main10×9 ft90 sqft
Tile-Ceramic
Bedroom3
Main9×9 ft81 sqft
Tile-Ceramic
Family Room
Main14×11 ft154 sqft
Tile-Ceramic
Kitchen
Main12×12 ft144 sqft
Tile-Ceramic
Laundry
Main7×5 ft35 sqft
Tile-Ceramic
Listing insights
Market data and value estimates
StatusSold
Days on market425
Est. value$395,800
Est. rent$2,298/mo
Tax rate0.90%
Price/sqft$304
On marketJan 9, 2025
PostedJan 9, 2025
Last sold$390,000
MLS statusSold
MLS updatedFeb 12, 2025
Tour days6
Views2
How are the schools in Carmel?
3 schools rated nearby
Location
Carmel, IN, 46032
Price history
4 events
DateEventPrice$/sqftSource
Feb 7, 2025Sold$390,000$304MIBOR as distributed by MLS GRID
Jan 10, 2025Pending Sale$399,000$311MIBOR as distributed by MLS GRID
Jan 9, 2025Listed For Sale$399,000$311MIBOR as distributed by MLS GRID
Aug 11, 2016Sold$161,000$125MIBOR as distributed by MLS GRID
Sold$390,000
Feb 7, 2025•$304/sqft•MIBOR as distributed by MLS GRID
Pending Sale$399,000
Jan 10, 2025•$311/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$399,000
Jan 9, 2025•$311/sqft•MIBOR as distributed by MLS GRID
Sold$161,000
Aug 11, 2016•$125/sqft•MIBOR as distributed by MLS GRID
Tax history
20 years of records
YearTax paidAssessed value
Apr 9, 2024$2,508$243,000
Apr 9, 2023$1,892$255,300
Apr 9, 2022$1,740$190,700
Apr 9, 2021$1,196$178,800
Apr 9, 2020$1,147$138,400
Apr 9, 2019$2,697$135,500
Apr 9, 2018$1,117$135,500
Apr 9, 2017$1,128$134,300
Apr 9, 2016$2,462$134,300
Apr 9, 2014$2,295$117,300
Apr 9, 2013$2,352$117,300
Apr 9, 2012$2,390$118,000
Apr 9, 2011$2,293$120,700
Apr 9, 2010$977$120,700
Apr 9, 2009$822$120,700
Apr 9, 2007$907$123,000
Apr 9, 2006$939$113,100
Apr 9, 2005—$85,900
Apr 9, 2002$792$45,500
Apr 9, 2001$777$15,160
Nearby homes
Neighborhood details
Local context around this listing
Carmel, IN • Hamilton County
Nearby neighborhoods
Home Place
Nearby cities
ArcadiaAtlantaCarmelCiceroFishersNoblesvilleSheridanWestfield
Nearby zip codes
460324603346074460824628046290
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Based on information submitted to the MLS GRID as of 2026-04-09 06:48:07 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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