Here's 1423 Shadow Ridge Road in Carmel, IN 46280, listed at $295,000.

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Photo of 1423 Shadow Ridge Road, Carmel, IN

For Sale — 1423 Shadow Ridge Road, Carmel, IN 462801 / 1

Quick read on the numbers:

$295,000

For Sale8 days on market

Beds

Baths

Sq ft

1,446

Built

2001

Acres

0.13

Here's what I think this home is worth:

Key things to know

Fireplace
Retreat subdivision

From the listing

Make the Discovery... Warm & striking 2 bedroom, 2 full bathrooms condominium in the desirable Retreat neighborhood of Carmel. An open concept living area welcomes you with elegant crown molding and a cozy fireplace that anchors the spacious great room, seamlessly flowing into the kitchen featuring abundant cabinetry, and a breakfast bar. The primary suite delivers a walk-in closet and ensuite bathroom complete with walk-in shower. Step outside to enjoy a private covered patio for fresh air and relaxation. Low maintenance living within a well-established community, with amenities including a park, walking trails connected to the Monon Trail, community pool, tennis & basketball courts, as well as a clubhouse with a 24-hour fitness center, steam sauna, and conference room. Award-winning Carmel Clay Schools and only moments to Keystone at the Crossing and Midtown Carmel. Seeing is believing!!

A few highlights from the feature list:

Interior

High CeilingsWalk-In Closet(s)Breakfast BarPantry

Exterior

Tennis Community

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$270,700

Land Value

$66,000

Land$66,000

24% of total

Improvement Value

$204,700

Improvements$204,700

76% of total

Annual tax · 2024: $4,822

Rough monthly:

Monthly payment

Estimate · $295,000

$2,371/mo

≈ $1,570 principal & interest · $402 tax · $399 HOA

Down payment (%)Interest rate (%)Term (yrs)

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $59,000 on a loan of $236,000.

Price history

Listedat $295,000
Apr 15, 2026

Retreat · activity

past 6 months

Sold: 3
Median price: $320,000
Median DOM: 32 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 20% below median for similar nearby sales.

$290K$385KMedian $370K

$295K

A few places to dig deeper:

Retreat Carmel Clay Schools

MLS# 22095792

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.