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786 Madelyn Drive, Carmel, IN 46032

Here's 786 Madelyn Drive in Carmel, IN 46032. This listing is closed, but I can still walk you through the details.

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Photo of 786 Madelyn Drive, Carmel, INSold — 786 Madelyn Drive, Carmel, IN 460321 / 1

Quick read on the numbers:

$650,276

SoldNew construction
Beds

3

Baths

3

Sq ft

2,597

Built

2024

Acres

0.09

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

  • Sold 2.3% below list in 9 days
  • New construction
  • Basement
  • Gramercy West subdivision

From the listing

Stunning new home in the heart of Carmel! This home will delight with 3 bedrooms, 2 and a half baths, a two-car 10' ceiling finished garage and an unfinished 9' basement. The spacious main level features 10' ceilings and comes with an abundance of beautiful quartz counterspace throughout and a large quartz kitchen island to gather around with friends and family. This impressive kitchen features white white Aristokraft raised cabinets, white subway backsplash, deluxe kitchen island cabinets, luxury laminate wood flooring in main areas, stainless steel appliances and more! Relax in the gorgeous study on main level! Owner's retreat comes with a refreshing super-shower, tray ceiling and a large closet. Our homes feature 9' and 10' ceilings throughout the entire home! Community pool and a pool house are our top amenities, and you will be within walking distance to the Palladium, Monon Trail, gourmet restaurants, Farmer's Market, Arts and Design District and all that downtown Carmel has to offer! HOA only $90/month!

A few highlights from the feature list:

Interior

High CeilingsKitchen IslandHi-Speed Internet AvailblWired for DataPantrySmart ThermostatWalk-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

$613,400

Land Value

$136,400

Land$136,400

22% of total

Improvement Value

$477,000

Improvements$477,000

78% of total

Annual tax · 2024
$36

This home has sold:

Sold

$635,276

-$15,000 below list (-2.3%)

Closed
Nov 26, 2024
Listed at
$650,276
Sold
1 year ago
Sold in
9 days

Price history

  1. Sold$635,276

    Nov 26, 2024

  2. Listedat $650,276

    Sep 1, 2024

Gramercy West · activity

past 6 months

Sold
15
Median price
$465,000
Median DOM
9 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 14411 Jeffrey Court

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    14411 Jeffrey Court

    3bd · 2ba · 2,208 sqft

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    851 Ashdown Lane

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  • 1361 Midway Court

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    1361 Midway Court

    4bd · 3ba · 2,606 sqft

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  • 14811 Beacon Boulevard

    $419,900

    14811 Beacon Boulevard

    4bd · 3ba · 2,086 sqft

    Sold May 2026

  • 14530 Baldwin Lane

    $390,000

    14530 Baldwin Lane

    3bd · 3ba · 2,091 sqft

    Sold May 2026

Comparative value

5 comps in this range

This home is 51% above median for similar nearby sales.

$390K$675KMedian $420K
$635K

A few places to dig deeper:

Gramercy West Carmel Clay Schools

MLS# 21999379

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