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415 Springwood Dr, Carmel, IN, 46032

5beds
10baths
17,368sqft
$5,250,000
$302price/sqft
$38,023/moest. monthly cost
$1,520,920/yrincome needed

About This Home

Expertly designed by RJ Klein, this Italianate residence is positioned to take full advantage of its private, nearly two-acre wooded parcel. The interior features luminescent marble floors, warm hardwoods, and detailed wood ceilings. A grand curved staircase leads to the upper levels, while arched doorways and extensive millwork define the formal living spaces. The kitchen overlooks a bright breakfast room and the rear grounds. The walk-out lower level is built for entertaining, featuring a custom bar, theater room, and wine cellar. Outside, the property includes a gunite pool, a covered veranda with a fireplace, and large balconies overlooking the lush, private lawns. High-end finishes and quality architectural details are present throughout every level of this home.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
52
BikeBikeable

Schools

8/10
9/10
Creekside Middle SchoolGrades 6-83.3 mi
10/10
Carmel High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Stucco

Other

  • Builder name: R J Klein

Type & Style

  • Home type: SingleFamily
  • Architectural style: Italianate
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Dryer,Disposal,Microwave,Double Oven,Refrigerator,Trash Compactor,Warming Drawer,Washer,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Ceiling - 9+ feet,Daylight,Egress Window(s),Exterior Entry,Finished Ceiling,Partially Finished

Bedroom2

  • Level: Upper
  • Area: 414
  • Dimensions: 23x18

Bedroom3

  • Level: Upper
  • Area: 285
  • Dimensions: 19x15

Bedroom4

  • Level: Upper
  • Area: 252
  • Dimensions: 18x14

Bedroom5

  • Level: Upper
  • Area: 240
  • Dimensions: 16x15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 10
  • Full bathrooms: 5
  • 1/2 bathrooms: 5
  • Main level bathrooms: 2

Breakfast Room

  • Level: Main
  • Area: 289
  • Dimensions: 17x17

Dining Room

  • Level: Main
  • Area: 330
  • Dimensions: 22x15

Family Room

  • Level: Basement
  • Area: 550
  • Dimensions: 25x22

Features

  • Built-in Features,High Ceilings,Walk-In Closet(s),Hardwood Floors,Wet Bar,Breakfast Bar,Entrance Foyer,Kitchen Island,Wired for Sound
  • Flooring: Hardwood
  • Number of fireplaces: 7
  • Fireplace features: Basement,Library,Family Room,Great Room
  • Fireplace: Yes
  • Finished area below ground: 6,692

Great Room

  • Features: Other
  • Level: Main
  • Area: 528
  • Dimensions: 24x22

Hearth Room

  • Level: Main
  • Area: 572
  • Dimensions: 26x22

Heating & Cooling

  • Heating features: Zoned,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 17,368
  • Total interior livable area: 17,368 sqft

Kitchen

  • Level: Main
  • Area: 750
  • Dimensions: 30x25

Library

  • Level: Main
  • Area: 294
  • Dimensions: 21x14

Master Bedroom

  • Level: Upper
  • Area: 703
  • Dimensions: 37x19

Play Room

  • Features: Other
  • Level: Basement
  • Area: 2024
  • Dimensions: 46x44

Property

Details

  • Parcel number: 291303006001000018
  • Other equipment: Generator
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: In Ground
  • Patio & porch: Covered
  • Exterior features: Fire Pit,Sprinkler System,Balcony
  • Fencing: Fenced,Full

Lot

  • Lot size: 1.71 Acres
  • Features: Gated Community,Mature Trees,Wooded

Parking

  • Total spaces: 4
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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
    TornadoVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Hail
Inland Flooding
Winter Weather
Cold Wave
Heat Wave
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 $26,546$318,552
Home Insurance *$2,079$24,948
Property Taxes $7,806$93,672
Electricity $1,592$19,105
Total$38,023$456,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,303,645/yr
40% on housing$1,140,690/yr
45% on housing$1,013,946/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

$302This listing

vs Other Active Listings

Avg $/sqft

ZIP 46032$243
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
2026-03-31Listed for sale$5,900,000
2021-02-26Sold$3,000,000
2017-08-29Sold$2,500,000
2017-08-23Pending sale$2,850,000
2017-06-08Listed for sale$2,850,000
2015-12-03Listing removed$3,650,000
2015-05-05Price change$3,650,000
2014-10-30Price change$3,799,900
2014-08-12Listed for sale$3,999,900
2004-12-17Sold$699,900

For Sale by Agent

AgentJason O'Neil
BrokerageCircle Real Estate

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