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!
Sold
$537,000
488 Chimney Rock Dr, Carmel, IN 46032
3beds
2,302sqft
Residential, Condominium
Built in 2016
-- sqft lot
$554,300 Zestimate®
$233/sqft
$3,137 Estimated rent
Home value
$554,300
$521,000 - $588,000
$3,137/mo
Zestimate® history
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$2,957/mo
Est. payment
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List your homeWhat's special
Tankless water heaterIncredible cathedral ceilingsBeautiful lightOpen layoutComfortable living spaceNewer carpetingNew dishwasher
Zillow last checked:
Listing updated:
Listed by:
Elizza Wilson 317-627-9162,
@properties
Bought with:
Bradley Gough
Coldwell Banker - Kaiser
Source: MIBOR as distributed by MLS GRID,MLS#: 22063083
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 3
- Level: Upper
- Area: 288 Square Feet
- Dimensions: 24x12
Breakfast room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 15x8
Kitchen
- Level: Main
- Area: 84 Square Feet
- Dimensions: 12x7
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 20 Square Feet
- Dimensions: 5x4
Living room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Loft
- Level: Upper
- Area: 225 Square Feet
- Dimensions: 15x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Tankless Water Heater, Washer
- Laundry: Main Level
Features
- Attic Access, Double Vanity, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), High Ceilings, Kitchen Island, Eat-in Kitchen, Pantry, Smart Thermostat, Walk-In Closet(s)
- Windows: Wood Work Painted
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
- Common walls with other units/homes: 1 Common Wall,End Unit
Interior area
- Total structure area: 2,302
- Total interior livable area: 2,302 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Building Private Entry
- Patio & porch: Covered, Screened
- Exterior features: Lighting
- Fencing: Fenced,Gate,Wrought Iron
Lot
- Size: 3,920 Square Feet
- Features: Corner Lot, Sidewalks, Street Lights
Details
- Parcel number: 290925330003000018
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Cement Siding, Stone
- Foundation: Slab
Condition
- New construction: No
- Year built: 2016
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Low Maintenance Lifestyle, Sidewalks, Street Lights
- Security: Smoke Detector(s)
- Subdivision: Cottages At Carmel
HOA
- Has HOA: Yes
- Amenities included: Insurance, Laundry, Maintenance, Maintenance Grounds, Snow Removal
- Services included: Entrance Private, Insurance, Irrigation, Laundry Connection In Unit, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal
- HOA fee: $284 monthly
- HOA phone: 317-570-4358
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $487,100
- Annual tax amount: $4,626
- Date on market: 9/18/2025
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $537,000+1.5%$233/sqft |
Source:  MIBOR as distributed by MLS GRID #22063083 Report a problem | ||
| 9/22/2025 | Pending sale | $529,000$230/sqft |
Source: MIBOR as distributed by MLS GRID #22063083 Report a problem | ||
| 9/18/2025 | Listed for sale | $529,000+32.4%$230/sqft |
Source: MIBOR as distributed by MLS GRID #22063083 Report a problem | ||
| 4/16/2020 | Listing removed | $399,500$174/sqft |
Source: Keller Williams Indy Metro NE #21698144 Report a problem | ||
| 4/1/2020 | Listed for sale | $399,500$174/sqft |
Source: Keller Williams Indy Metro NE #21698144 Report a problem | ||
| 3/12/2020 | Pending sale | $399,500$174/sqft |
Source: Keller Williams Indy Metro NE #21698144 Report a problem | ||
| 3/6/2020 | Listed for sale | $399,500+5.4%$174/sqft |
Source: Keller Williams Indy Metro NE #21698144 Report a problem | ||
| 4/19/2017 | Sold | $379,150$165/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,627 -45.6% | $487,100 +16.4% |
| 2024 | $8,501 +100.7% | $418,600 -0.7% |
| 2023 | $4,237 +6.2% | $421,700 +13% |
| 2022 | $3,991 +2% | $373,200 +5.3% |
| 2021 | $3,913 +4.4% | $354,500 +2% |
| 2020 | $3,747 +1.8% | $347,700 +4.4% |
| 2019 | $3,682 +5.3% | $333,200 |
| 2018 | $3,498 | $333,200 +5.3% |
| 2017 | -- | $316,300 |
Find assessor info on the county website
Neighborhood: 46032
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Nearby schools
GreatSchools rating
- 8/10Carmel Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 8/10Carmel Middle SchoolGrades: 6-8Distance: 0.3 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$554,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$554,300
- Indiana
- Hamilton County
- Carmel
- 46032
- 488 Chimney Rock Dr
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