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464 American Way S, Carmel, IN 46032

Here's 464 American Way S in Carmel, IN 46032, listed at $409,000.

1 photo from the listing — tap any to expand.

Photo of 464 American Way S, Carmel, INFor Sale — 464 American Way S, Carmel, IN 460321 / 1

Quick read on the numbers:

$409,000

For Sale2 days on market
Beds

2

Baths

3

Sq ft

1,932

Built

2004

Acres

0.05

Here's what I think this home is worth:

Key things to know

  • Fireplace
  • Basement
  • Commons At City Centre subdivision

From the listing

Experience luxury living in the heart of Carmel's Arts & Design District in this beautifully updated 2-bedroom, 2.5-bath townhome featuring an upstairs home office and finished lower-level flex space. The open-concept main level is designed for both everyday living and effortless entertaining, showcasing gleaming hardwood floors, a cozy gas fireplace, and a stylish kitchen complete with an LG Black Stainless appliance package. The kitchen has been enhanced with a conversion from electric to gas cooking, creating the perfect space for home chefs. Upstairs, you'll find new Berber carpeting throughout, a spacious primary suite with a walk-in closet and private bath, a bright secondary bedroom with excellent closet space, and a versatile home office/flex room created from the former laundry room, which can easily be converted back if desired. Enjoy your morning coffee on the private rear balcony accessed through new French doors. The lower level offers additional living space ideal for a home office, fitness room, media room, or lounge area. A 2-car attached garage provides convenience. The laundry has been relocated to the main level, features updated plumbing and electrical connect…

A few highlights from the feature list:

Interior

High CeilingsKitchen IslandHardwood FloorsEat-in KitchenPantryWalk-In Closet(s)Wood Work Painted

Exterior

Water Feature FountainBalcony

Upcoming open houses:

  • Friday, Jun 19 · 4–6PM

  • Sunday, Jun 21 · 11AM–1PM

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

Rough monthly:

Monthly payment

Estimate · $409,000

$2,576/mo

≈ $2,177 principal & interest · $193 tax · $206 HOA

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $81,800 on a loan of $327,200.

Price history

  1. Listedat $409,000

    Jun 18, 2026

Commons At City Centre · activity

past 6 months

Sold
3
Median price
$399,000
Median DOM
19 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 12978 Moultrie Street

    $470,000

    12978 Moultrie Street

    3bd · 3ba · 2,050 sqft

    Sold Jun 2026

  • 14830 Senator Way

    $408,000

    14830 Senator Way

    3bd · 3ba · 1,807 sqft

    Sold Jun 2026

  • 15 W Executive Drive

    $685,000

    15 W Executive Drive

    2bd · 3ba · 1,654 sqft

    Sold Jun 2026

  • 3587 Seminole Drive

    $420,000

    3587 Seminole Drive

    3bd · 2ba · 1,896 sqft

    Sold Jun 2026

  • 847 Ashdown Lane

    $626,509

    847 Ashdown Lane

    3bd · 4ba · 2,106 sqft

    Sold Jun 2026

Comparative value

5 comps in this range

This home is 13% below median for similar nearby sales.

$408K$685KMedian $470K
$409K

A few places to dig deeper:

Commons At City Centre Carmel Clay Schools

MLS# 22106910

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