Google street view image for 438 Emerson Rd, Carmel, IN 46032

OFF MARKET

$396,283

•

1.5 ba

•

1,480

sq ft

438 Emerson Rd, Carmel, IN 46032

About this home

438 Emerson Rd is a 1,480 square foot house on a 0.35 acre lot with 4 bedrooms and 1.5 bathrooms. Based on Redfin's Carmel data, we estimate the home's value is $396,283.

Single-familyProperty Type

1957Year Built

0.35 acresLot Size

$268Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$396,283

$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.3% lower than the average sale price ($452K) of 6 comparable homes.

SOLD NOV 17, 2025
$450,000
A
3 beds1.5 baths1,450 sq ft
451 Emerson Rd, Carmel, IN 46032
SOLD JUN 22, 2026
$485,000
B
3 beds1.5 baths1,044 sq ft
449 Emerson Rd, Carmel, IN 46032
SOLD NOV 12, 2025
$349,900
C
3 beds1.5 baths1,200 sq ft
475 Emerson Rd, Carmel, IN 46032
SOLD NOV 14, 2025
$435,000
D
3 beds2 baths1,619 sq ft
66 Sherman Dr, Carmel, IN 46032
SOLD MAY 21, 2026
$465,000
E
3 beds2 baths1,749 sq ft
845 Emerson Rd, Carmel, IN 46032
SOLD AUG 3, 2026
$525,000
F
4 beds2 baths2,925 sq ft
732 College Way, Carmel, IN 46032

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Earn from this home

Sell

$371,452

Est. take-home

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Rent

$2,104/mo

Redfin rental estimate

List your home for rent

Market trends in 46032, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.8%

0.2% MoM

Median sale price

$570K

$87K MoM

Avg. days on market

10d

0 days MoM

Recently sold homes

273

40 MoM

New listings for sale

OPEN SAT, 2PM TO 4PM
$559,900
4 beds2.5 baths2,662 sq ft
14739 Adios Pass, Carmel, IN 46032
NEW 2 HRS AGO
$1,075,000
4 beds4.5 baths5,824 sq ft
3570 Larkspur Ln, Carmel, IN 46032
OPEN FRI, 5PM TO 7PM
$474,999
4 beds2.5 baths2,124 sq ft
13948 Nansemond Dr, Carmel, IN 46032
OPEN TODAY, 6PM TO 8PM
$710,000
3 beds3 baths4,674 sq ft
313 Mallard Ct, Carmel, IN 46032
NEW 24 HRS AGO
$230,000
2 beds2 baths1,072 sq ft
946 Lenox Ln Unit 207, Carmel, IN 46032
NEW 27 HRS AGO
$549,900
4 beds3 baths3,054 sq ft
242 Beechmont Dr, Carmel, IN 46032
OPEN SEP 12, 1PM TO 3PM
$599,500
5 beds3.5 baths3,874 sq ft
13440 Kingsbury Dr, Carmel, IN 46032
3D WALKTHROUGH
$690,000
4 beds3 baths4,275 sq ft
3795 Cole Ct, Carmel, IN 46032
OPEN SUN, 12PM TO 2PM
$475,000
4 beds2.5 baths1,728 sq ft
441 Ash Dr, Carmel, IN 46032
OPEN SAT, 3PM TO 5PM
$399,000
2 beds2 baths1,201 sq ft
451 American Way N Unit 2G, Carmel, IN 46032
See all

Provided by Redfin

Sale history for 438 Emerson Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,441 (−6.9%)

$93,100 + $176,100

$269,200

2024

$2,621 (+3.0%)

$93,100 + $176,100

$269,200

2023

$2,545 (+35.6%)

$93,100 + $164,800

$257,900

2022

$1,876 (+4.3%)

$93,100 + $164,800

$257,900

2021

$1,799 (+42.2%)

$78,300 + $110,900

$189,200

2020

$1,266 (+8.6%)

$78,300 + $104,500

$182,800

2019

$1,165 (+1.0%)

$78,300 + $65,200

$143,500

2018

$1,154 (−1.0%)

$49,500 + $87,300

$136,800

2017

$1,166 (−0.9%)

$49,500 + $88,500

$138,000

2016

$1,177 (+10.8%)

$49,500 + $88,500

$138,000

2015

$1,062 (+5.4%)

$49,500 + $95,900

$145,400

2013

$1,008

$39,800 + $87,100

$126,900

Tax history for 438 Emerson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,441 (−6.9%)

$93,100 + $176,100

$269,200

2024

$2,621 (+3.0%)

$93,100 + $176,100

$269,200

2023

$2,545 (+35.6%)

$93,100 + $164,800

$257,900

2022

$1,876 (+4.3%)

$93,100 + $164,800

$257,900

2021

$1,799 (+42.2%)

$78,300 + $110,900

$189,200

2020

$1,266 (+8.6%)

$78,300 + $104,500

$182,800

2019

$1,165 (+1.0%)

$78,300 + $65,200

$143,500

2018

$1,154 (−1.0%)

$49,500 + $87,300

$136,800

2017

$1,166 (−0.9%)

$49,500 + $88,500

$138,000

2016

$1,177 (+10.8%)

$49,500 + $88,500

$138,000

2015

$1,062 (+5.4%)

$49,500 + $95,900

$145,400

2013

$1,008

$39,800 + $87,100

$126,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-2

Residence District

The purpose of this district is to provide for medium density single-family residential development where adequate public facilities are available. The preservation of natural features, and encouragement of open space residential land-use patterns in this district is intended to implement the Comprehensive Plan's Residential Community Objective. The R2 District corresponds to Suburban Residential in the Comprehensive Plan's Land Classification Plan.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Public service
Park & open space

Property details

Interior

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 7

Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Steel
Has Fireplace

Room Information
# of Rooms: 8

Exterior

Exterior Information
Physical Condition: Average
Building Type: Single Family

Property Information
Subdivision Name: JOHNSON ADD
Living Sq. Ft: 1,480
Adjusted Gross Sq. Ft: 1,480
Ground Floor Sq. Ft: 1,480
Building Sq. Ft: 1,804
# of Stories: 1
Legal Description: ACREAGE .00, SECTION 25, TOWNSHIP 18, RANGE 3, JOHNSON, LOT 21, IRREGULAR SHAPE

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 324
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 15,246
Legal Lot Number: 21
Municipality Name: CLAY
Acres: 0.35
Depth Footage: 135
Front Footage: 167.4
County Use Description: ONE FAMILY DWELLING

Financial

Assessor Information
Assessment Year: 2025
Tax Area: CARMEL CITY

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 1,480
Stories: 1.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1957
County: Hamilton County
APN: 290925402011000018

Home facts updated by county records on Jul 20, 2026

Around this home

Schools

Carmel Elementary School

Public PreK-5 • Assigned • 0.6mi

8/10

Carmel Middle School

Public 6-8 • Assigned • 0.5mi

8/10

Carmel High School

Public 9-12 • Assigned • 0.7mi

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

3/10 Heat Factor

7 days above 101° 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

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Carmel, IN • 46032

Average low and high temperatures (°F)

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

$377,000 – $456,000

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New listings for sale in 46032

OPEN SAT, 2PM TO 4PM

$559,900

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NEW 2 HRS AGO

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4 beds4.5 baths5,824 sq ft

3570 Larkspur Ln, Carmel, IN 46032

OPEN FRI, 5PM TO 7PM3D WALKTHROUGH

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4 beds2.5 baths2,124 sq ft

13948 Nansemond Dr, Carmel, IN 46032

OPEN TODAY, 6PM TO 8PM3D WALKTHROUGH

$710,000

3 beds3 baths4,674 sq ft

313 Mallard Ct, Carmel, IN 46032

NEW 24 HRS AGO

$230,000

2 beds2 baths1,072 sq ft

946 Lenox Ln Unit 207, Carmel, IN 46032

NEW 27 HRS AGO

$549,900

4 beds3 baths3,054 sq ft

242 Beechmont Dr, Carmel, IN 46032

OPEN SEP 12, 1PM TO 3PM3D WALKTHROUGH

$599,500

5 beds3.5 baths3,874 sq ft

13440 Kingsbury Dr, Carmel, IN 46032

3D WALKTHROUGH

$690,000

4 beds3 baths4,275 sq ft

3795 Cole Ct, Carmel, IN 46032

OPEN SUN, 12PM TO 2PM

$475,000

4 beds2.5 baths1,728 sq ft

441 Ash Dr, Carmel, IN 46032

Home values near 438 Emerson Rd

Data from public records.

Address	Redfin Estimate
404 Emerson Rd, Carmel, IN 3 Beds \| 1.5 Baths \| 1168 Sq. Ft.	$342,569
413 Emerson Rd, Carmel, IN 3 Beds \| 1.5 Baths \| 1384 Sq. Ft.	$536,343

Address	Redfin Estimate
452 Emerson Rd, Carmel, IN 1 Beds \| 1.5 Baths \| 1566 Sq. Ft.	$387,839
414 Emerson Rd Apartment 0, Carmel, IN - Beds \| - Baths \| - Sq. Ft.	$320,343

Address	Redfin Estimate
401 Emerson Rd, Carmel, IN 3 Beds \| 5.5 Baths \| 4100 Sq. Ft.	$1,371,193
514 Emerson Rd, Carmel, IN 3 Beds \| 2 Baths \| 1825 Sq. Ft.	$502,318

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