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4227 Short Terrace, Carmel, IN 46033

Here's 4227 Short Terrace in Carmel, IN 46033. This listing is closed, but I can still walk you through the details.

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Photo of 4227 Short Terrace, Carmel, INSold — 4227 Short Terrace, Carmel, IN 460331 / 1

Quick read on the numbers:

$400,000

Sold
Beds

4

Baths

3

Sq ft

1,996

Built

1997

Acres

0.28

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

  • Sold 2.5% over list in 3 days
  • Fireplace
  • Setters Run subdivision

From the listing

Wonderful Hamilton County opportunity in popular Setters Run! Enjoy the conveniences of Carmel's Clay Terrace plus the highly rated Westfield-Washington schools. Check out the huge, fenced yard with extended patio for hours of outdoor enjoyment or walk over to the community pool this summer. So many upgrades and improvements - brand new flooring throughout (gorgeous vinyl hardwood on the main level) and all windows (and sliding door) replaced last fall! Stainless LG appliances and a high-efficiency HVAC system added in 2023. Fresh paint and a neutral color palette with contemporary lighting and fixtures - all ready to move in and decorate your new home!

A few highlights from the feature list:

Interior

Attic Pull Down StairsHigh CeilingsVaulted Ceiling(s)Kitchen IslandPaddle FanPantryWalk-In Closet(s)

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$352,000

Land Value

$85,000

Land$85,000

24% of total

Improvement Value

$267,000

Improvements$267,000

76% of total

Annual tax · 2024
$3,366
Exemption
Homestead

This home has sold:

Sold

$410,000

+$10,000 over list (2.5%)

Closed
Jul 10, 2025
Listed at
$400,000
Sold
10 months ago
Sold in
3 days

Price history

  1. Sold$410,000

    Jul 10, 2025

  2. Listedat $400,000

    May 29, 2025

Setters Run · activity

past 6 months

Sold
3
Median price
$515,000
Median DOM
5 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 3485 Sugar Loaf Court

    $495,000

    3485 Sugar Loaf Court

    4bd · 3ba · 2,150 sqft

    Sold May 2026

  • 4625 Wembly Lane

    $451,000

    4625 Wembly Lane

    3bd · 2ba · 1,896 sqft

    Sold May 2026

  • 150 Springs Court

    $450,000

    150 Springs Court

    4bd · 4ba · 2,524 sqft

    Sold May 2026

  • 1176 Driftwood Drive

    $480,000

    1176 Driftwood Drive

    4bd · 3ba · 2,227 sqft

    Sold May 2026

  • 5874 Lost Oaks Drive

    $375,000

    5874 Lost Oaks Drive

    3bd · 2ba · 1,665 sqft

    Sold May 2026

Comparative value

5 comps in this range

This home is 9.1% below median for similar nearby sales.

$375K$495KMedian $451K
$410K

A few places to dig deeper:

Setters Run Westfield-Washington Schools

MLS# 22035447

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