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1235 Keystone Way, Carmel, IN 46032 Property Records

Hamilton County property record for 1235 Keystone Way, Carmel, IN 46032

Property Summary

Property TypeRestaurant
Details6,758 sqft · built 2001
Lot Size1.26 acres (54,886 sqft)
OwnerCompany Name on File
Last Sale$82,875,000 (Jul 2026)
Tax Bill$22,272 (2025)
Deeds & MortgagesJul 2026 Mortgage
Flood ZoneZone X (minimal risk)
APN29-10-31-000-016.011-018

Property Details

APN / Parcel Number

Primary APN29-10-31-000-016.011-018
Alternative APN
  • 1610310000016011

Interior

Stories1 Story
Building Area6,758 sqft Gross Area
1st Floor Area6,758 sqft
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 2001
Effective Year BuiltEffective 2001
Exterior MaterialBrick
Construction TypeConcrete
Fire ResistanceMasonry Walls, Wood Interior
Lot Area54,886 sqft (1.26 acres)
Canopy1,530 sqft

Utilities, Heating & Cooling

Heating FuelGas
SewerConnected

Location & Zoning

Street Address1235 KEYSTONE WAY
CityCARMEL
StateIN
Zip46032-3200
Property CategoryCommercial
Property TypeCommercial > Retail > Restaurant
Legal DescriptionACREAGE 1.26, SECTION 31, TOWNSHIP 18, RANGE 4
Legal Range04
Legal Township18
Legal Section31
JurisdictionHAMILTON IN
Township / Civil DivisionCLAY
Census Block Group3
Census Block3000
Census Tract111007

Owner

1235 Keystone Way, a commercial property, is owned by a company that bought it in July 2026.

Source: Hamilton County records, as of September 29, 2026

Owner of RecordCompany Name on File
Mailing Address301 N BROADWAY, 300, MILWAUKEE, WI 53202-2660
Owner TypeCompany
VestingLimited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 30, 2026 · Amount on File
Deed SaleJul 30, 2026 · Amount on File
Prior SaleJan 24, 2007
Deed Document Number202634480
Prior Transfer DateOct 9, 2009
Prior Transfer Doc0000061113
Record UpdatedOct 29, 2026

July 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionHAMILTON IN
Recording DateJul 30, 2026
Property Address1235 KEYSTONE WAY, CARMEL, IN 46032-3200
Document Number0000034480
Instrument DateJul 20, 2026
Instrument202634480
Transaction TypeTransfer
Record UpdatedOct 23, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

Tax$0.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership

Mortgage

Document Number0000034481,
DateJul 30, 2026
Instrument202634481
Lender
NameBANK OF AMERICA
Agreement
TypeConventional Mortgage
AmountAmount on Record
Interest
Max Rate-1%

Tax Assessment & Valuation

The 2025 property tax bill for 1235 Keystone Way was $22,272, up 1.1% from the year before.

Source: Hamilton County assessment roll, as of March 16, 2026

Property Jurisdictions

TypeName
StateIndiana
CountyHamilton County
County SubdivisionClay Township
MunicipalityCarmel City
Unified School DistrictCarmel Clay Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$22,272.00 (+1.1%)$1,104,100 Land $793,800 Building $310,300$1,104,100 Land $793,800 Building $310,300
2024$22,030.00 (-0.88%)
2023$22,226.00 (-3.34%)$1,102,500 (-1.11%) Land $793,800 Building $308,700$1,102,500 (-1.11%) Land $793,800 Building $308,700
2022$22,995.00$1,114,900 Land $793,800 Building $321,100$1,114,900 Land $793,800 Building $321,100

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 1235 Keystone Way in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 5, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 1235 Keystone Way has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCARMEL WATER DEPARTMENT
serves 99,927 people · EPA ID IN5229004
Water SourceGroundwater influenced by surface water
Last State InspectionAug 2024
Lead3 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityTreatment failure
resolved · Jan 2024
E. coli
resolved · Oct 2021
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 270 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL · Fixed Wireless in parts of the area		5,000 / 5,000
Spectrum
Cable		1,000 / 1,000
Verizon
Fixed Wireless		300 / 20
On-Ramp Indiana
Fixed Wireless		100 / 20
T-Mobile
Fixed Wireless		100 / 20

May also be available: Metronet, Xfinity.

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