12406 Lancelot Lane, Carmel, IN 46033 · $435,000 · Sold

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Here's 12406 Lancelot Lane in Carmel, IN 46033. This listing is closed, but I can still walk you through the details.

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Photo of 12406 Lancelot Lane, Carmel, IN

Sold — 12406 Lancelot Lane, Carmel, IN 460331 / 1

Quick read on the numbers:

$435,000$450,000

Sold

Beds

Baths

Sq ft

2,551

Built

1972

Acres

0.38

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 3.3% below list in 39 days
Fireplace
Finished basement (107 sqft)
Brookshire subdivision

From the listing

Buyer's change of heart...back on market! Fantastic neighborhood, fantastic location (cul de sac), fantastic potential! FOUR bedroom brick two story in highly desirable Brookshire. Needs your TLC to make it the happy home you want and deserve. Basement has walls and ceiling finished but needs flooring. Half bath in basement. Hardwoods EVERYWHERE...no carpet to clean or replace. Two minutes from Mohawk Trails Ele. Home is a short walk to Needler's & CVS. Easy access to Keystone, Castleton, Keystone/Crossing. Homeis an estate and being sold AS IS. Buyers are still encouraged to do all diligence.

A few highlights from the feature list:

Interior

Breakfast BarBuilt-in FeaturesHardwood FloorsEat-in KitchenPantryWalk-In Closet(s)

Exterior

Barn Mini

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$421,900

Land Value

$124,600

Land$124,600

30% of total

Improvement Value

$297,300

Improvements$297,300

70% of total

Annual tax · 2024: $4,172
Exemption: Homestead

This home has sold:

Sold

$435,000

-$15,000 below list (-3.3%)

Closed: Mar 27, 2026
Listed at: $450,000
Sold: 1 month ago
Sold in: 39 days

Price history

Sold$435,000
Mar 27, 2026
Price reduced$450,000 → $435,000
Feb 10, 2026
Listedat $450,000
Jan 13, 2026

Brookshire · activity

past 6 months

Sold: 12
Median price: $550,000
Median DOM: 19 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 13% below median for similar nearby sales.

$451K$630KMedian $500K

$435K

A few places to dig deeper:

Brookshire Carmel Clay Schools

MLS# 22079923