2261 Mustang Chase Drive, Carmel, IN 46074 · $640,000 · Sold

Here's 2261 Mustang Chase Drive in Carmel, IN 46074. This listing is closed, but I can still walk you through the details.

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Photo of 2261 Mustang Chase Drive, Carmel, IN

Sold — 2261 Mustang Chase Drive, Carmel, IN 460741 / 1

Quick read on the numbers:

$640,000

Sold

Beds

Baths

Sq ft

4,245

Built

2003

Acres

0.28

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 3.9% over list in 4 days
Fireplace
Finished basement (1,358 sqft)
3-car garage
Saddle Creek subdivision

From the listing

Discover your dream home in the desirable Saddle Creek neighborhood! This charming home offers five spacious bedrooms and 3 and a half baths. The primary suite features a spa-like bathroom with a soaking tub, separate shower, and a generous walk-in closet with custom closet shelving. The main level boasts an open floor plan that effortlessly connects the living area and kitchen, creating a bright and inviting atmosphere. The kitchen is equipped with ample storage, soft-close cabinetry, stainless steel appliances, and lots of counter space. The adjacent family room offers a cozy retreat with a gas fireplace that adds warmth on cool Indiana evenings. Downstairs, the finished basement is perfect for entertaining, complete with a wet bar, full bathroom, and additional storage space. Step outside to a beautifully designed patio with a built-in fire pit - ideal for relaxing or hosting get-togethers. Home features a full yard irrigation system. Blending style and functionality, this lovely home is perfect for those who value comfort, community, and convenience - just minutes from all the shopping, dining, and entertainment Carmel offers. Welcome home!

A few highlights from the feature list:

Interior

Attic Pull Down StairsWalk-In Closet(s)Hardwood FloorsWet BarEntrance Foyer

Exterior

Fire PitSprinkler System

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$615,300

Land Value

$127,600

Land$127,600

21% of total

Improvement Value

$487,700

Improvements$487,700

79% of total

Annual tax · 2024: $6,514
Exemption: Homestead

This home has sold:

Sold

$665,000

+$25,000 over list (3.9%)

Closed: Jun 16, 2025
Listed at: $640,000
Sold: 11 months ago
Sold in: 4 days

Price history

Sold$665,000
Jun 16, 2025
Listedat $640,000
May 1, 2025

Saddle Creek · activity

past 6 months

Sold: 7
Median price: $600,000
Median DOM: 28 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 8.3% below median for similar nearby sales.

$660K$800KMedian $725K

$665K

A few places to dig deeper:

Saddle Creek Carmel Clay Schools

MLS# 22033942