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15 W Executive Dr Unit 405, Carmel, IN, 46032

2beds
3baths
1,672sqft
$724,900
$434price/sqft
$5,337/moest. monthly cost
$213,480/yrincome needed

About This Home

Seller is open to rent with commitment to purchase. One of the best units at REV at Proscenium! Top floor with views overlooking the park to the south! Floor to ceiling windows with automatic blinds. Gorgeous white kitchen with marble countertops , tiled backsplash and waterfall center island is open to great room with 14 foot ceilings! Stainless steel appliances including gas cooktop, refrigerator, dishwasher, oven, microwave and wine refrigerator in wet bar! Hardwood flooring. Two bedrooms each with their own full bath plus a powder room for guests. Closets feature tons of custom built ins. Private office/den. Fire sprinkler in unit and alarm system. Laundry room. Balcony to enjoy outdoor views and watch the sunset. Immaculate condition! Private underground parking (with two spaces for this unit), fitness center, individual storage lockers, mail room, package delivery area, bicycle storage room plus clubhouse area with access to grilling area, outdoor community pool and firepit. Easy walk to grocery, restaurants, bank, barbershop, ice cream store and more! This unit is in the heart of the Carmel Arts and Design District! Convenient access to the Monon Trail and walkable to the Palladium/City Center!

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

7/10
Carmel Elementary SchoolGrades K-51.0 mi
8/10
Carmel Middle SchoolGrades 6-81.2 mi
10/10
Carmel High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Slab
  • Construction materials: Brick,Stucco

Other

  • Builder name: Novo Development

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,Microwave,Gas Oven,Range Hood,Refrigerator,Bar Fridge,Tankless Water Heater,Water Softener Owned
  • Laundry features: Laundry Room

Bedroom2

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 2

Features

  • Breakfast Bar,High Ceilings,Kitchen Island,Hardwood Floors,Eat-in Kitchen,Pantry,Smart Thermostat,Storage,Walk-In Closet(s),Wet Bar
  • Flooring: Hardwood
  • Common walls with other units/homes: 1 Common Wall,End Unit

Great Room

  • Level: Main
  • Area: 312
  • Dimensions: 24x13

Heating & Cooling

  • Heating features: Electric,Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,672
  • Total interior livable area: 1,672 sqft

Kitchen

  • Level: Main
  • Area: 200
  • Dimensions: 20x10

Laundry

  • Level: Main
  • Area: 56
  • Dimensions: 8x7

Library

  • Level: Main
  • Area: 130
  • Dimensions: 13x10

Master Bedroom

  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Property

Details

  • Parcel number: 290936034021000018
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Building Common Entry,Upper Level
  • Patio & porch: Patio
  • Exterior features: Balcony

Lot

  • Features: See Remarks

Parking

  • Total spaces: 2
  • Parking features: Assigned,Attached,Storage,Other
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Lightning
Strong Wind
Winter Weather

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 $3,665$43,980
Home Insurance *$287$3,444
Property Taxes $1,201$14,412
Electricity $184$2,212
Total$5,337$64,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,982/yr
40% on housing$160,110/yr
45% on housing$142,320/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

$434This listing

vs Other Active Listings

Avg $/sqft

ZIP 46032$242
Hamilton County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 46032$213
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)

Price History

DateEventPrice
2026-04-06Price change$749,900
2026-03-17Price change$775,000
2026-03-08Price change$799,000
2026-02-11Price change$825,000
2026-01-14Listed for sale$850,000

For Sale by Agent

AgentJohn Stewart
BrokerageF.C. Tucker Company

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