12283 Heatherstone Place, Carmel, IN 46033 · $1,995,000 · Sold

Here's 12283 Heatherstone Place in Carmel, IN 46033. This listing is closed, but I can still walk you through the details.

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Photo of 12283 Heatherstone Place, Carmel, IN

Sold — 12283 Heatherstone Place, Carmel, IN 460331 / 1

Quick read on the numbers:

$1,995,000

Sold

Beds

Baths

Sq ft

7,162

Built

1998

Acres

0.38

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 1.5% over list in 3 days
3 fireplaces
Finished basement (2,932 sqft)
3-car garage
Bayhill subdivision

From the listing

SHOWINGS BEGIN 11A.M. Friday Morning 3/20. Welcome to one of Lake Waterstone's most spectacular homes, offering panoramic lake views, exceptional entertaining spaces, and refined luxury. This residence features 5 bedrooms, 6 bathrooms, and a thoughtful open floor plan that showcases stunning water vistas and high-end finishes. A grand circular driveway and meticulous landscaping welcome you. The main-level primary suite is a serene retreat with lake views and a custom walk-in closet. At the heart of the home, the gourmet kitchen boasts European-designed cabinetry with drawers-within-drawers, premium Monogram appliances, a massive island, a custom stainless steel hood, and a large walk-in pantry with a built-in coffee bar. The walkout lower level is an entertainment masterpiece: 7.0 surround sound with seven zones, three synchronized TVs, a music room, a state-of-the-art bar, and a private workout room with an infrared sauna. Additional flex space is plumbed and ready for a kitchenette, gardening room, or pet wash station. Thoughtful upgrades and impeccable design are apparent throughout. The garage is immaculate with epoxy floors and Gladiator storage systems. Each waterfront …

A few highlights from the feature list:

Interior

Attic AccessBath Sinks Double MainBuilt-in FeaturesHigh CeilingsTray Ceiling(s)Kitchen IslandEntrance FoyerHardwood FloorsHi-Speed Internet AvailblEat-in KitchenWired for DataPantrySmart ThermostatWired for SoundWalk-In Closet(s)Wet Bar

Exterior

Sprinkler System

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$1,211,600

Land Value

$236,000

Land$236,000

19% of total

Improvement Value

$975,600

Improvements$975,600

81% of total

Annual tax · 2024: $10,618
Exemption: Homestead

This home has sold:

Sold

$2,025,000

+$30,000 over list (1.5%)

Closed: Apr 13, 2026
Listed at: $1,995,000
Sold: 1 month ago
Sold in: 3 days

Price history

Sold$2,025,000
Apr 13, 2026
Listedat $1,995,000
Mar 19, 2026

Bayhill · activity

past 6 months

Sold: 5
Median price: $855,000
Median DOM: 25 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 40% above median for similar nearby sales.

$1.1M$1.7MMedian $1.4M

$2.0M

A few places to dig deeper:

Bayhill Carmel Clay Schools

MLS# 22086784