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5865 Osage Drive, Carmel, IN 46033

Here's 5865 Osage Drive in Carmel, IN 46033. This listing is pending, but I can still walk you through the details.

1 photo from the listing — tap any to expand.

Front exterior at 5865 Osage Drive, Carmel, INPending — 5865 Osage Drive, Carmel, IN 460331 / 1

Quick read on the numbers:

$735,000$745,000

Pending
Beds

5

Baths

4

Sq ft

4,454

Built

2003

Acres

0.3

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

  • Fireplace
  • Finished basement (1,564 sqft)
  • 3-car garage
  • Cherry Creek Estates subdivision

From the listing

Set within one of Carmel's most family-friendly communities known for its award-winning schools and consistently ranked as one of America's top cities to live. This exceptional home offers the perfect blend of luxury, space, and lifestyle. Featuring tall ceilings throughout, including the basement, a dramatic two-story great room, dual staircase, open-concept kitchen, multiple main-level living spaces, and a flexible main-floor living area that could easily be converted into a 6th bedroom or guest suite with ensuite bath. With incredible space, character, and layout potential, it offers the perfect canvas for those DIY updates and influencer-worthy design projects. The fully finished basement includes a theater room (screen and projector stay w/home), huge bar/kitchenette, wine cellar, full bath, and flexible guest room, gym, or playroom space. The spacious primary suite features two custom walk-in closets and spa-like ensuite with vanity. A beautiful four seasons room overlooks the peaceful wooded backyard, while the multi-level deck offers the perfect setup for outdoor cooking, entertaining, or hot tub. Enjoy evenings around the paved fire pit area surrounded by woods for added p…

A few highlights from the feature list:

Interior

Ceiling VaultedWalk-In Closet(s)

Exterior

Fire PitTennis Court(s)

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$711,500

Land Value

$170,400

Land$170,400

24% of total

Improvement Value

$541,100

Improvements$541,100

76% of total

Annual tax · 2025
$7,210
Exemption
Homestead

Price history

  1. PendingAccepted offer

    May 18, 2026

  2. Listedat $745,000

    May 14, 2026

Cherry Creek Estates · activity

past 6 months

Sold
5
Median price
$650,000
Median DOM
12 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 5574 Canton Drive

    $780,000

    5574 Canton Drive

    5bd · 3ba · 4,555 sqft

    Sold May 2026

  • 12714 Brookshire Parkway

    $655,000

    12714 Brookshire Parkway

    4bd · 3ba · 3,688 sqft

    Sold May 2026

  • 14980 Oak Hollow Lane E

    $900,000

    14980 Oak Hollow Lane E

    4bd · 5ba · 3,775 sqft

    Sold May 2026

  • 11862 Stoney Bay Circle

    $825,000

    11862 Stoney Bay Circle

    4bd · 3ba · 4,306 sqft

    Sold May 2026

  • 15395 Grassy Meadow Court

    $1,726,000

    15395 Grassy Meadow Court

    6bd · 6ba · 5,671 sqft

    Sold May 2026

Comparative value

5 comps in this range

This home is 11% below median for similar nearby sales.

$655K$1.7MMedian $825K
$735K

A few places to dig deeper:

Cherry Creek Estates Carmel Clay Schools

MLS# 22100988

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