2516 Colony Court, Carmel, IN 46280 · $300,000 · Sold

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Here's 2516 Colony Court in Carmel, IN 46280. This listing is closed, but I can still walk you through the details.

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Sold — 2516 Colony Court, Carmel, IN 462801 / 1

Quick read on the numbers:

$300,000$315,000

Sold

Beds

Baths

Sq ft

1,480

Built

1962

Acres

0.58

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 16% below list in 40 days
Lakewood Gardens subdivision

From the listing

Situated in a quiet Carmel cul-de-sac, this beautifully maintained 3-bedroom, 2-bath mid-century ranch offers timeless charm and exceptional value. Enjoy spacious single-level living with bright open areas, a large family room ideal for gatherings, and a kitchen ready for your personal touch. The primary suite includes a private bath and generous closet space, while the lush, tree-filled backyard provides the perfect retreat for relaxing or entertaining. This home is located in the top rated Carmel School District and conveniently located near shopping, dining, and major roadways. This home is being sold as-is and priced accordingly, presenting an outstanding opportunity to customize and create your dream home in one of Carmel's desirable neighborhoods.

A few highlights from the feature list:

Interior

Attic Access

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$273,000

Land Value

$111,500

Land$111,500

41% of total

Improvement Value

$161,500

Improvements$161,500

59% of total

Annual tax · 2024: $2,464
Exemption: Homestead

This home has sold:

Sold

$264,145

-$50,855 below list (-16.1%)

Closed: Jan 13, 2026
Listed at: $315,000
Sold: 4 months ago
Sold in: 40 days

Price history

Sold$264,145
Jan 13, 2026
Price reduced$315,000 → $300,000
Nov 12, 2025
Listedat $315,000
Sep 30, 2025

Lakewood Gardens · activity

past 6 months

Sold: 4
Median price: $349,900
Median DOM: 43 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.

$290K$385KMedian $370K

$264K

A few places to dig deeper:

Lakewood Gardens Carmel Clay Schools

MLS# 22065399