Sold — 488 Chimney Rock Drive, Carmel, IN 46032
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Sheldon Barnes can help you list 488 Chimney Rock Dr
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Carmel, Indiana and the rest of Hamilton County. Whether you're ready to sell 488 Chimney Rock Dr in Cottages At Carmel or just curious what your home is worth in today's Carmel market, he can put together a no-pressure valuation.
ABOUT THIS HOME
Welcome to 488 Chimney Rock Drive at The Cottages of Carmel! This condo is an end unit and the first thing you will notice when you enter is all the beautiful light. The very next thing you will be the incredible cathedral ceilings. The open layout offers so much comfortable living space with the primary bedroom suite conveniently located on the main level and a large loft/flex space and 2 additional bedrooms on the second. Enjoy the 3 seasons room in the warmer months and get cozy by fireplace when its cooler. Updates include newer carpeting throughout bedrooms and 2nd level loft (upstairs areas have never been lived in), new dishwasher, tankless water heater, and updated landscaping. This home has been well cared for and is in pristine condition. The Cottages at Carmel are just minutes from the Arts & Design District, Monon Trail, The Palladium, The Carmel Farmers Market, and more. It is set in a low maintenance community that takes care of lawn care, mulch, sprinklers, snow removal, and common grounds. It really is a special place inside and out. You must see this one for yourself!
$529,000
Welcome to 488 Chimney Rock Drive at The Cottages of Carmel! This condo is an end unit and the first thing you will notice when you enter is all the beautiful light. The very next thing you will be the incredible cathedral ceilings. The open layout offers so much comfortable living space with the pr...
2,302
Sq Ft
2016
Year Built
0.09
Acres
Off Market
Status
$486,700
Assessed Value
3
Bedrooms
Key things to know
- Sold 1.5% over list in 4 days
- Fireplace
- Cottages At Carmel subdivision
Sold
$537,000
+$8,000 over list (1.5%)
- Closed
- Oct 3, 2025
- Listed at
- $529,000
- Sold
- 7 months ago
- Sold in
- 4 days
Price history
- Sold$537,000
Oct 3, 2025
- Listedat $529,000
Sep 18, 2025
Cottages At Carmel · activity
past 6 months
- Sold
- 2
- Median price
- $475,000
- Median DOM
- 147 days
Recent comparable sales
$674,900
14411 Jeffrey Court
3bd · 2ba · 2,208 sqft
Sold May 2026
$605,294
851 Ashdown Lane
3bd · 4ba · 2,049 sqft
Sold May 2026
$402,000
1361 Midway Court
4bd · 3ba · 2,606 sqft
Sold May 2026
$419,900
14811 Beacon Boulevard
4bd · 3ba · 2,086 sqft
Sold May 2026
$390,000
14530 Baldwin Lane
3bd · 3ba · 2,091 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 28% 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.
Sheldon Barnes
Real Estate Agent · Carmel Realty LLC
License No. RB21000235
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$529,000Listed· Sep 18, 2025
4 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Suite
Schools
Carmel Clay Schools
Neighborhood
- Carmel Central Park1.2 mi
- Carmel High School1.2 mi
- Carmel Arts & Design District1.3 mi
- Clay Terrace1.4 mi
- Monon Trail (Carmel)1.5 mi
- IU Health North Hospital3.8 mi
OFF-MARKET PROPERTY DETAILS
Living Area
2,302 sq ft
Year Built
2016
Stories
Two
Lot Size
0.09 acres
Subdivision
Cottages at Carmel
Bedrooms
3
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Carmel Clay Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$486,700
Land Value
$130,000
27% of total
Improvement Value
$356,700
73% of total
- Annual tax · 2024
- $4,626
- Exemption
- Homestead