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14237 Frostburg Dr, Carmel, IN, 46033

4beds
4baths
2,364sqft
$425,000
$180price/sqft
$2,946/moest. monthly cost
$117,840/yrincome needed

About This Home

Stunning Carmel Townhome with Spacious 3-Level Floor Plan Welcome to this well-maintained townhome located in a desirable Carmel community. Offering approximately 2,364 sq. ft. across 3 levels, this home features one of the larger floor plans in the neighborhood. Home Features * 4 Bedrooms | 3 Full Baths | 1 Half Bath * Open-concept layout with abundant natural light * Modern kitchen with oversized island, breakfast bar, pantry, and stainless steel appliances * Spacious primary suite with walk-in closet, double sinks, and private balcony access * Upper-level laundry room * Finished lower-level flex room / 4th bedroom * Attached 2-car garage with epoxy flooring * Dual climate zones * Kinetico water softener * Laminate hardwood flooring in main living areas Included Appliances All currently installed appliances are included in the sale and are being conveyed in as-is condition. Community Amenities * Community pool * Basketball courts * Playground * Walking trails Convenient Location Located just minutes from: * Conner Prairie * Downtown Carmel * Downtown Noblesville * Highway 37 * Shopping, dining, and entertainment Located within the Carmel Clay Schools district. Property Highlights * Approx. 2,364 Sq Ft * 4 Bedrooms * 3.5 Bathrooms * 3 Levels of Living Space * Attached 2-Car Garage * HOA Community Amenities * Washer & Dryer Included * Water Softener Included FSBO Disclaimer: Information deemed reliable but not guaranteed. Buyer or buyer’s agent to verify measurements, schools, taxes, HOA details, and all property information.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

9/10
8/10
Clay Middle SchoolGrades 6-82.7 mi
10/10
Carmel High SchoolGrades 9-124.4 mi

Construction

Condition

  • Year built: 2018

Materials

  • Roof: Asphalt

Type & Style

  • Home type: Condo
  • Architectural style: Contemp

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Common walls with other units/homes: 2CommonWalls

Heating & Cooling

  • Heating features: Other
  • Cooling features: Central

Interior Area

  • Total interior livable area: 2,364 sqft

Property

Details

  • Parcel number: 291023015052000018

Lot

  • Lot size: 2,178 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Winter Weather
Cold Wave
Hail
Lightning
Strong Wind

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$174$2,088
Property Taxes $407$4,884
Electricity $216$2,600
Total$2,946$35,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,005/yr
40% on housing$88,380/yr
45% on housing$78,560/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$180This listing

vs Other Active Listings

Avg $/sqft

ZIP 46033$199
Hamilton County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 46033$170
Hamilton County$171

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-23Listed for sale$425,000
2023-03-08Sold$385,000
2023-02-09Pending sale$389,000
2023-01-23Listed for sale$389,000
2023-01-16Listing removed--
2023-01-13Listed for sale$389,000
2018-11-29Sold$243,500

For Sale by Owner

AgentProperty Owner

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