How does Echo Crest, Carmel, Indiana compare to Carmel overall?

Echo Crest, Carmel, Indiana is priced in line with the Carmel median and has a 3.7% gross yield. Prices are up 10.2% over the past year, with walkability at 71, education in the 99th percentile, and a Red Flag score of 61.

What do the walkability and education scores mean for Echo Crest, Carmel, Indiana?

Echo Crest, Carmel, Indiana has walkability of 71 and education in the 99th percentile. Those scores sit alongside a 3.7% gross yield, prices about 32% above the state median and in line with the city median, and a Red Flag score of 61.

Neighborhood

Echo Crest

Carmel, Indiana US

Echo Crest, Carmel, Indiana offers an investment profile with prices in line with the city median and about 32% above the state median, a 3.7% gross yield, and a 10.2% increase over the past year. Walkability is 71, education is in the 99th percentile, and the overall Red Flag score is 61. The main strength is the very high education percentile and recent price growth; the main risk is the higher Red Flag score and comparatively low gross yield.

AI Summary•Updated May 2026

Area

10.17 mi²

ZIP Code

46032

County

Hamilton County

State

Indiana

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5US Census ACS / TIGER 2024

Verified Price · Median Sale

$574,829

YoY+10.2%

Gross Rental Yield

3.7%

Listed rent · ZORI annualized

Red Flag Index

High

61 / 100

Walkability Score

Very Walkable

OpenStreetMap POI density · national percentile

Education Score

99 / 100

Excellent · better than 99% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Echo Crest Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Echo Crest, Carmel.

Unlock the Echo Crest 12-month price trend

See the full Verified vs Listed price history — free with a DistrictScore account.

Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$574,829	+10.2%
Price / Sq Ft (Verified)	$220/sqft	+4.2%
Asking Rent (Median)	$1,788/mo	+5.7%
Gross Rental Yield	3.7%	—
Liquidity Score	47 / 100	Moderate
Homes Sold (Period)	213	-1.4%

Is Echo Crest Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Indiana crime context.

Red Flag Breakdown

61 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Tornado100Very High

Earthquake80Very High

Hail80Very High

Flood60High

Heat60High

Strong Wind60High

Wildfire40Moderate

Hurricane40Moderate

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Indiana averaged 16.9 crimes and 3.1 violent per 1,000 residents (-9.4% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

Unlock the full risk report for Echo Crest

Tract-level hazard heatmap & parcel detail with Pro

Unlock the Echo Crest hazard breakdown

See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Appreciating market — +10.2% sale-price YoY

Highly walkable neighborhood — score 71/100

Active transaction volume — 213 homes sold last period

Dense amenities — 85 dining & 10 grocery options nearby

Tornado risk is Very High (100/100)

Earthquake risk is Very High (80/100)

Insights are generated from Echo Crest's live DistrictScore metrics.

Echo Crest Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Indiana-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

7.8 µg/m³ Meets EPA, above WHO guideline-25.4% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Echo Crest centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 94% of U.S. neighborhoods.

Indiana Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	16.9	3.1	-9.4%
2023	18.8	3.4	+3.3%
2022	18.3	3.1	-2.6%
2021	18.9	3.3	-11.2%
2020	21.4	3.6	-7.4%
2019	23.2	3.7	—

Reported at the state level — the finest official US crime aggregation; Echo Crest inherits the Indiana figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · Echo Crest

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Walkability & Amenities in Echo Crest

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

71

Very Walkable

Walkability Score

10

Grocery

85

Dining

13

Schools

0

Universities

4

Hospitals

4

Pharmacies

26

Parks

0

Rail Transit

1

Coworking

POI counts are amenities within Echo Crest's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Echo Crest vs Carmel vs Indiana

How Echo Crest benchmarks against its city and state medians.

Benchmark vs City & State

Across Echo Crest, the median sale price sits in line with the median for Carmel neighborhoods and about 32% above the statewide median. Gross rental yield is 3.7%, against 3.7% for Carmel neighborhoods and 6.2% statewide. Over the past 12 months, prices rose 10.2%. Transaction liquidity sits in line with the median for Carmel neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Echo Crest	$220/sqft	3.7%	47
Carmel	$220/sqft	3.7%	47
Indiana	$166/sqft	6.2%	33

Unlock the Echo Crest benchmark

Compare Echo Crest against Carmel and Indiana medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Indiana tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.76% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 3.0%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: none statewide (local tax may apply).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Indiana property-tax guidance for foreign buyers

Latest Carmel Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Echo Crest Real Estate FAQ

Echo Crest, Carmel, Indiana has prices in line with the city median and about 32% above the state median, with a 3.7% gross yield. Prices rose 10.2% over the past year, while walkability is 71 and the Red Flag score is 61. Education is in the 99th percentile.

Neighborhoods near Echo Crest

Compare Echo Crest with nearby neighborhoods in Carmel.

Unlock deeper insights on Echo Crest

Deeper data. Smarter decisions. Stronger returns.

Full Risk Reports

Tract-level hazards

Investment Score

AI-driven analysis

Export & Reports

PDF & Excel

Priority Support

Fast-track help

Get Pro Access7-day free trial. Cancel anytime.