1129 Fairbanks Drive, Carmel, IN 46033 · $490,000 · Sold

New search

Here's 1129 Fairbanks Drive in Carmel, IN 46033. This listing is closed, but I can still walk you through the details.

1 photo from the listing — tap any to expand.

Showing 1 of 17 · 16 more loading.

Front exterior at 1129 Fairbanks Drive, Carmel, IN

Sold — 1129 Fairbanks Drive, Carmel, IN 460331 / 1

Quick read on the numbers:

$490,000$610,000

Sold

Beds

Baths

Sq ft

3,237

Built

1969

Acres

0.34

Here's what I think this home is worth:

FREE FROM SHELDON

Thinking about your next move?

Most people checking their own home's value are considering a move. Whether you're upsizing, downsizing, or just exploring — see how I price, market, and sell homes in Carmel and Hamilton County.

Explore selling with Ackee

Key things to know

Sold 20% below list in 136 days
Fireplace
Finished basement (873 sqft)
Cool Creek Estates subdivision

From the listing

Lovely Carmel home with large eat-in kitchen and ample storage! Home has been well maintained and has many updates. Real hardwood flooring on main and upper levels. Very spacious bedrooms, family room and living room areas. Primary ensuite with walk-in shower and dual vanities. Large screened-in back patio overlooking back yard with a wood deck, mature trees and wonderful landscaping. A semi-private well is used to water the lawn and gardens. The finished basement is perfect for a playroom and storage. New epoxy flooring in the garage. Additional storage in the floored attic above the garage includes a large power lift. Home has an alarm system that can be re-activated by the new owners if they choose.

A few highlights from the feature list:

Interior

Attic Pull Down StairsKitchen IslandPaddle FanHardwood FloorsEat-in KitchenWired for DataWalk-In Closet(s)

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$465,600

Land Value

$106,200

Land$106,200

23% of total

Improvement Value

$359,400

Improvements$359,400

77% of total

Annual tax · 2023: $4,352
Exemption: Homestead

This home has sold:

Sold

$490,000

-$120,000 below list (-19.7%)

Closed: Mar 13, 2026
Listed at: $610,000
Sold: 2 months ago
Sold in: 136 days

Price history

Sold$490,000
Mar 13, 2026
Price reduced$524,900 → $490,000
Feb 3, 2026
Listedat $610,000
Jul 30, 2025

Cool Creek Estates · activity

past 6 months

Sold: 7
Median price: $475,000
Median DOM: 16 days

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 29% below median for similar nearby sales.

$630K$900KMedian $690K

$490K

A few places to dig deeper:

Cool Creek Estates Carmel Clay Schools

MLS# 22054161