Key facts
- Beds
- 4
- Baths
- 2 full
- Living area
- 2,314 sqft
- Lot
- 0.246 acres
- Year built
- 1900
- Type
- Residential · Single Family Residence
- Stories
- Two
- Garage
- 2 spaces
- MLS #
- 22091991
- County
- Hamilton
- Subdivision
- No Subdivision
- Total building area
- 3,458 sqft
About this home
A rare Carmel opportunity--prime lot, unbeatable location and potential to own both parcels! Carmel has been ranked the #1 place to live in the US, and this exceptional property puts you right in the heart of everything that makes Carmel so desirable. Located directly across from the Carmel High School and within easy walking distance of the library elementary, restaurants, coffee shops, boutiques, breweries, art galleries...this location cannot be replicated! The true value of this property is the land and the opportunity it presents. The existing home, built in the 1900s, is being offered primarily as a redevelopment opportunity and may be completely renovated or removed to make way for a custom residence. Imagine creating a home designed specifically for today's lifestyle in one of Carmel's most walkable locations. Even more compelling, the adjacent lot at 320 2nd Street NE is also available for $675,000 creating a rare opportunity to purchase both parcels and create an exceptional combined homesite. With the two lots, the possibilities are endless-build a custom estate with outdoor living space, a pool, entertaining spaces and landscaped grounds or explore potential for additional residences and rental income. Both parcels may be purchased together. Buyers are encouraged to explore the possibilities with their architect or builder. Need a builder? We are happy to connect you with a trusted local professional to help bring your vision to life.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Basement
- Fireplaces
- 1
- Fireplace type
- Laundry
- Windows
- Rooms
- 8
Exterior
- Exterior features
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
Systems
- Heating
- Cooling
- Water
Lot and HOA
- Lot features
Schools
- Elementary school
- Carmel Elementary School
- Middle school
- Carmel Middle School
- High school
- Carmel High School
- School district
- Carmel Clay Schools
Taxes
- Estimated annual tax
- $4,848 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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