10640 Penn Drive, Carmel, IN 46280 · $400,000 · Recently Sold

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Here's 10640 Penn Drive in Carmel, IN 46280. This listing is closed, but I can still walk you through the details.

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Front exterior at 10640 Penn Drive, Carmel, IN

Recently Sold — 10640 Penn Drive, Carmel, IN 462801 / 1

Quick read on the numbers:

$400,000

Recently Sold

Beds

Baths

Sq ft

1,576

Built

1961

Acres

0.32

Key things to know

Sold 3.8% below list in 64 days
Meridian Highlands subdivision

From the listing

Welcome Home! Carmel Schools! Fully renovated 3-bedroom, 2.5-bath Ranch Home offering modern style and effortless living. Step inside to beautiful hardwood floors and an open-concept living area perfect for everyday living and entertaining. The magazine-worthy kitchen is the heart of the home, featuring a large island with seating, stainless steel appliances, and a versatile adjacent space ideal for a dining area or home workspace. The primary suite includes a private bath, while two additional bedrooms provide comfort and flexibility. Enjoy outdoor living in the fully fenced backyard, all tucked away on a quiet cul-de-sac. Unbeatable location with endless nearby amenities and quick, easy access to I-465 and all points beyond!

A few highlights from the feature list:

Interior

Breakfast BarKitchen IslandPaddle FanHardwood FloorsHi-Speed Internet AvailblEat-in Kitchen

Exterior

Barn MiniGas Grill

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$188,500

Land Value

$53,300

Land$53,300

28% of total

Improvement Value

$135,200

Improvements$135,200

72% of total

Annual tax · 2024: $3,010

This home has sold:

Sold

$385,000

-$15,000 below list (-3.8%)

Closed: May 5, 2026
Listed at: $400,000
Sold: 2 weeks ago
Sold in: 64 days

Price history

Sold$385,000
May 5, 2026
Listedat $400,000
Dec 26, 2025

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 4.1% above median for similar nearby sales.

$290K$380KMedian $370K

$385K

A few places to dig deeper:

Meridian Highlands Carmel Clay Schools

MLS# 22077605