4929 Deer Ridge Drive S, Carmel, IN 46033 · $1,400,000 · Sold

Here's 4929 Deer Ridge Drive S in Carmel, IN 46033. This listing is closed, but I can still walk you through the details.

30 photos from the listing — tap any to expand.

Photo of 4929 Deer Ridge Drive S, Carmel, IN

Sold — 4929 Deer Ridge Drive S, Carmel, IN 460331 / 30

Quick read on the numbers:

$1,400,000

Sold

Beds

Baths

Sq ft

9,244

Built

1992

Acres

0.9

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 2.9% below list in 1 days
Private pool
Spa / hot tub
4 fireplaces
Finished basement (3,761 sqft)

From the listing

Listed and sold. This Dugan built, one owner home, is an amazing, expansive property ready for a discriminating buyer. The home offers great spaces for both relaxation and entertainment. With amenities galore, this home is sure to please! Two story entry opens to the gorgeous great room with soaring ceiling, large windows, built-ins, a gas log fireplace and beautiful views of the almost one acre, fully fenced private lot. The main floor library is a classic with built in book shelves and a gas log fireplace. The formal dining room features a butler's pantry leading into the kitchen area. Primary suite is also on the main with tall ceilings, private dressing/bath area with double vanities, his and hers walk-in closets, walk-in shower and separate tub. The kitchen includes an eating area as well as a hearth room with fireplace. An upper level deck is located off the hearth room with steps leading down to the pool deck. Three large bedrooms with walk in closets and two baths complete the upstairs space. Stairways at both entry and kitchen lead to the upstairs bedrooms. The tremendous lower level features a theater room with built-ins, a wet bar, office area with built ins, wine cella…

A few highlights from the feature list:

Interior

Attic AccessBath Sinks Double MainBuilt-in FeaturesCathedral Ceiling(s)Entrance FoyerPaddle FanHardwood FloorsHi-Speed Internet AvailblEat-in KitchenPantryWalk-In Closet(s)Wet Bar

Exterior

BalconyLightingSprinkler SystemWater Feature Fountain

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$920,500

Land Value

$267,300

Land$267,300

29% of total

Improvement Value

$653,200

Improvements$653,200

71% of total

Annual tax · 2024: $9,546
Exemption: Homestead

This home has sold:

Sold

$1,360,000

-$40,000 below list (-2.9%)

Closed: Jan 30, 2026
Listed at: $1,400,000
Sold: 3 months ago
Sold in: 1 day

Price history

Sold$1,360,000
Jan 30, 2026
Listedat $1,400,000
Nov 6, 2025

Valleybrook · activity

past 6 months

Sold: 3
Median price: $1,360,000
Median DOM: 2 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 14% below median for similar nearby sales.

$1.1M$2.3MMedian $1.6M

$1.4M

A few places to dig deeper:

Valleybrook Carmel Clay Schools

MLS# 22068966