Sheldon Barnes
For Sale — 2516 Colony Court, Carmel, IN 462803
Beds
2
Baths
1,480
Sq Ft
1962
Year Built
0.58
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Carmel, Indiana and the rest of Hamilton County. Book a private tour of 2516 Colony Ct in Lakewood Gardens, ask any question about this home, or talk through what you should know about buying in Carmel.
ABOUT THIS HOME
Beautifully updated home on private cul-de-sac street in wonderful Carmel. So much has been done, roof is 1 year old, HVAC has been cleaned and serviced is approximately 5-6 years old. New well pump and H2O heater. Additional electric service panel added and new wiring throughout. New plumbing, can lights and new electric fireplace. Kitchen features Walnut cabinetry, quartz countertops all new appliances and a terrific center island. Water osmosis system that also attaches to refrigerator . Spacious pantry and separate laundry room with utility sink. Some new windows. Septic was cleaned and serviced in last 2 years and crawl space work was done and new vapor barrier added. Fully fenced rear yard with mature trees and a relaxing back open patio. Or, sit on the covered front porch admiring your nicely landscaped front yard. Oversized garage with storage space and a pull down attic access for more storage. Mini barn to keep all your yard work needs in. Award winning Carmel schools
Key things to know
- Fireplace
- Lakewood Gardens subdivision
Monthly payment
Estimate · $389,900
$2,277/mo
≈ $2,075 principal & interest · $202 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $77,980 on a loan of $311,920.
Price history
- Listedat $400,000
May 28, 2026
Lakewood Gardens · activity
past 6 months
- Sold
- 4
- Median price
- $349,900
- Median DOM
- 43 days
Recent comparable sales
$375,000
1014 Chevy Chase Lane
3bd · 2ba · 1,336 sqft
Sold May 2026
$393,000
10758 Pimlico Circle
3bd · 2ba · 1,745 sqft
Sold May 2026
$375,000
740 E 107th Street
3bd · 2ba · 1,584 sqft
Sold May 2026
$370,000
9620 Kittrell Drive
3bd · 2ba · 1,350 sqft
Sold May 2026
$310,000
1168 Shadow Ridge Road
2bd · 2ba · 1,650 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 4.0% above median for similar nearby sales.
Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$400,000Listed· May 28, 2026
15 days on market
Layout
Primary bath
Shower Stall Full
Schools
Carmel Clay Schools
Neighborhood
- Monon Trail (Carmel)1.8 mi
- Carmel High School2.4 mi
- IU Health North Hospital3.0 mi
- Carmel Arts & Design District3.1 mi
- Carmel Central Park3.4 mi
- Clay Terrace4.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,392 sq ft
Year Built
1962
Stories
One
Subdivision
Lakewood Gardens
Section 1
Bedrooms
3
Bathrooms
2 full
Garage
2 spaces
School District
Carmel Clay Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$273,000
Land Value
$111,500
41% of total
Improvement Value
$161,500
59% of total
- Annual tax · 2025
- $2,418
- Exemption
- Homestead
PARCEL & LEGAL
Lot / Section
Section 1