Carmel is a fantastic place to live. It ranks #1 on Money Magazine’s Best Places to Live and MoveTo’s Safest Suburbs! The school district is the best of the best and the arts are alive and well at venues like The Palladium! But, that comes with a typically high price. If you would like to live in Carmel but aren’t prepared for the high-dollar real estate, perhaps you should consider looking at Bank-Owned Homes in Carmel!
There are current 9 homes that are bank-owned in Carmel or are in foreclosure and an additional 9 that are in pre-foreclosure.
Homes that are bank-owned typically move faster than in foreclosure, so, if timing is important, I would recommend focusing your attention on those. However, if you are looking for a fixer-upper and time is irrelevant, foreclosures may be the way to go.
Bank-Owned Homes in Carmel
There are several good options on this list, my favorite being 2460 Crossfields Ct. This home is listed at $272,500, but assessed for over $400,000 and was last sold in 1996 and has been on the market for 174 days. This home looks to be in great shape. The next two homes that look like good deals are 2213 Burning Tree Ln and 30 Shoshone Dr. Both of these homes sold last in the early 1990’s and also assess for much greater than what they are listed for ($199,959/86 days on market and $134,900/2 days on market, respectively). These two homes would need varying levels of fixing up, but depending on your skill level and drive, could be amazing with your personal touches!
I always, always recommend having a Realtor by your side when navigating the real estate world. This is especially true when entering the world of bank-owned properties. Not only will I help you get a clearer picture of the home’s condition, I know the neighborhoods and have a wealth of knowledge and experience in bank-owned homes in Carmel. Contact Carmel’s Best Realtor today to get started finding (or selling) your next home! Be sure to sign up for our First Time Home Buyers Class to learn more about the home buying process!