38 W Main St, Carmel, IN 46032 Property Records

Hamilton County property record for 38 W Main St, Carmel, IN 46032

Property Summary

Property Type	Commercial Office
Details	11,700 sqft · built 1900
Lot Size	0.14 acres (6,098 sqft)
Owner	Company Name on Record
Last Sale	$3,003,123 (Aug 2026)
Tax Bill	$29,388 (2024)
Deeds & Mortgages	Aug 2026 Sale & Line of Credit Oct 2021 Sale & Line of Credit + 2 more
Flood Zone	Zone X (minimal risk)
APN	`29-09-25-122-025.000-018`

Property Details

APN / Parcel Number

Primary APN	`29-09-25-122-025.000-018`
Alternative APNs	`290925C02025000018` `1609251202025000`

Interior

Stories	2 Stories
Building Area	11,700 sqft Gross Area
1st Floor Area	11,700 sqft

Exterior

Year Built	Built 1900
Effective Year Built	Effective 2016
Exterior Material	Brick
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	6,098 sqft (0.14 acres)
Lot Dimensions	132 ft deep x 45 ft wide

Utilities, Heating & Cooling

Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Street Address	38 W MAIN ST
City	CARMEL
State	IN
Zip	46032-1764
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Legal Description	ACREAGE .00, SECTION 25, TOWNSHIP 18, RANGE 3, SIMEON HAWKINS, LOT PT 1 & PT 2
Legal Range	03
Legal Township	18
Legal Section	25
Legal Subdivision	SIMEON HAWKINS
Legal Lot Number	1
Jurisdiction	HAMILTON IN
Township / Civil Division	CLAY
Census Block Group	2
Census Block	2029
Census Tract	110905

Owner

Source: Hamilton County records, as of August 18, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	25 NORTH ST, DUBLIN, OH 43017-2144
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Aug 6, 2026	Special Warranty Deed, Transfer · Line of Credit TELHIO CREDIT UNION
Oct 21, 2021	Special Warranty Deed, Transfer · Line of Credit TELHIO CU INC
Oct 21, 2021	Special Warranty Deed, Transfer
Sep 18, 2018	Deed of Trust, Mortgage NATIONAL BK/INDIANAPOLIS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 6, 2026 · Amount on Record
Deed Sale	Aug 6, 2026 · Amount on Record
Prior Sale	Oct 21, 2021 · Amount on Record
Deed Document Number	202635663
Record Updated	Sep 20, 2026

August 2026: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	HAMILTON IN
Recording Date	Aug 6, 2026
Property Address	38 W MAIN ST, CARMEL, IN 46032-1764
Document Number	0000035663
Instrument Date	Jul 30, 2026
Instrument	202635663
Transaction Type	Transfer
Record Updated	Aug 18, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Estimated Sale Price
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

Mortgage

Document Number	0000035664,
Date	Aug 6, 2026
Instrument	202635664

Lender

Name	TELHIO CREDIT UNION

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Aug 1, 2036

Interest

Rate	6.49%
Max Rate	-1%

October 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	HAMILTON IN
Recording Date	Oct 21, 2021
Property Address	38 W MAIN ST, CARMEL, IN 46032-1764
Document Number	0000076627
Map Reference	DD 30 PG 461
Instrument Date	Oct 1, 2021
Instrument	2021076627
Transaction Type	Transfer
Record Updated	Dec 22, 2023

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1733 W LANE AVE, COLUMBUS, OH 43221-3341

Mortgage

Document Number	0000076628
Date	Oct 21, 2021
Instrument	2021076628

Lender

Name	TELHIO CU INC
Type	Credit Union

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	121 Months
Due	Nov 1, 2031

October 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	HAMILTON IN
Recording Date	Oct 21, 2021
Property Address	38 W MAIN ST, CARMEL, IN 46032-1764
Document Number	0000076626
Map Reference	DD 30 PG 461
Instrument Date	Oct 1, 2021
Instrument	2021076626
Transaction Type	Transfer
Record Updated	Dec 22, 2023

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6678 GUION RD, INDIANAPOLIS, IN 46268-2534

September 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HAMILTON IN
Property Address	38 W MAIN ST, CARMEL, IN 46032-1764
Document Number	0000043763
Instrument Date	Sep 18, 2018
Transaction Type	Mortgage
Record Updated	Oct 8, 2018
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6678 GUION RD INDIANAPOLIS IN 462682534, INDIANAPOLIS, IN 46268-2534

Mortgage

Document Number	0000043763
Date	Sep 19, 2018
Instrument	43763

Lender

Name	NATIONAL BK/INDIANAPOLIS
Type	Bank
Address	INDIANAPOLIS, IN 46204

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Sep 18, 2028

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Hamilton County
County Subdivision	Clay Township
Municipality	Carmel City
Unified School District	Carmel Clay Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$1,492,300 (+1.44%) Land $235,100 Building $1,257,200	$1,492,300 (+1.44%) Land $235,100 Building $1,257,200
2024	$29,388.00 (-0.91%)
2023	$29,657.00 (+383.49%)	$1,471,100 (+394.65%) Land $235,100 Building $1,236,000	$1,471,100 (+394.65%) Land $235,100 Building $1,236,000
2022	$6,134.00	$297,400 Land $182,800 Building $114,600	$297,400 Land $182,800 Building $114,600

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

Flood

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	4 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

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

Wildfire Risk	Not 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 System	CARMEL WATER DEPARTMENT serves 99,927 people · EPA ID IN5229004
Water Source	Groundwater influenced by surface water
Last State Inspection	Aug 2024
Lead	3 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	Treatment failure resolved · Jan 2024 E. coli resolved · Oct 2021
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 434 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
AT&T Fiber · Fixed Wireless · DSL	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	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: Xfinity.

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