1240 Shadow Ridge Rd Unit D is a 1,535 square foot condo with 2 bedrooms and 2 bathrooms. Based on Redfin's Carmel data, we estimate the home's value is $302,225.
CondoProperty Type
2001Year Built
$197Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$302,225
$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.7% higher than the average sale price ($294K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,562 (+1.3%)
$66,000 + $211,000
$277,000
2024
$2,528 (+15.7%)
$66,000 + $211,000
$277,000
2023
$2,184 (+5.4%)
$66,000 + $181,700
$247,700
2022
$2,073 (+22.9%)
$44,000 + $181,700
$225,700
2021
$1,686 (+11.1%)
$44,000 + $157,600
$201,600
2020
$1,518 (+7.2%)
$44,000 + $128,200
$172,200
2019
$1,416 (−0.5%)
$44,000 + $115,700
$159,700
2018
$1,423 (+7.2%)
$29,600 + $123,400
$153,000
2017
$1,327 (+9.2%)
$29,600 + $118,000
$147,600
2016
$1,215 (+1.8%)
$29,600 + $118,000
$147,600
2015
$1,193 (+5.5%)
$29,600 + $108,700
$138,300
2013
$1,131
$29,600 + $102,300
$131,900
Tax history for 1240 Shadow Ridge Rd Unit D
Year
Property tax
Land + Additions
Assessment*
2025
$2,562 (+1.3%)
$66,000 + $211,000
$277,000
2024
$2,528 (+15.7%)
$66,000 + $211,000
$277,000
2023
$2,184 (+5.4%)
$66,000 + $181,700
$247,700
2022
$2,073 (+22.9%)
$44,000 + $181,700
$225,700
2021
$1,686 (+11.1%)
$44,000 + $157,600
$201,600
2020
$1,518 (+7.2%)
$44,000 + $128,200
$172,200
2019
$1,416 (−0.5%)
$44,000 + $115,700
$159,700
2018
$1,423 (+7.2%)
$29,600 + $123,400
$153,000
2017
$1,327 (+9.2%)
$29,600 + $118,000
$147,600
2016
$1,215 (+1.8%)
$29,600 + $118,000
$147,600
2015
$1,193 (+5.5%)
$29,600 + $108,700
$138,300
2013
$1,131
$29,600 + $102,300
$131,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-4
Residence District
The purpose of this district is to provide for high-density single-, two- and multiple-family development on small lots in distinctly urbanized areas. The intent of this district is to protect and conserve existing residential development, particularly in locations featuring marginally standard housing and facing potential change from original uses, and to preserve natural features, and encourage open space residential land-use patterns in this district is intended to corresponds to Urban Residential in the Comprehensive Plan's Land Classification Plan.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Public service
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 8
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Steel
Has Fireplace
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Average
Building Type: Single Family
Property Information
Subdivision Name: RETREAT HORIZONTAL PROP
Living Sq. Ft: 1,535
Adjusted Gross Sq. Ft: 1,535
Ground Floor Sq. Ft: 1,535
Building Sq. Ft: 2,011
# of Stories: 1
Legal Description: ACREAGE .00, SECTION 12, TOWNSHIP 17, RANGE 3, THE RETREAT CONDO HPR, SQUARE FEET (CONDO) 1,535.00, BUILDING 39, TRACT 3, UNIT D, % OF COMMON AREA
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 476
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,535
Municipality Name: CLAY
Acres: 0.0352
County Use Description: CONDOMINIUM
Financial
Assessor Information
Assessment Year: 2025
Tax Area: CARMEL CITY
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,535
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2001
Year Renovated: 2001
County: Hamilton County
APN: 291312403004000018
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Places
Transit
Forest Dale Elementary School
Public PreK-5 • Assigned • 1.5mi
8/10
Carmel Middle School
Public 6-8 • Assigned • 3.2mi
8/10
Carmel High School
Public 9-12 • Assigned • 3.5mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Carmel, IN • 46280
Average low and high temperatures (°F)
32
17
41
25
60
39
68
47
71
53
82
65
87
70
84
64
81
59
70
48
53
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$288,000 – $348,000
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