Skip to content

310 2nd Street NE

Carmel, IN 46032

ActiveListed Mar 27, 2026 · 183 days on market

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
DishwasherDisposalGas OvenRefrigerator
Interior features
Eat-in Kitchen
Basement
Unfinished
Fireplaces
1
Fireplace type
Family Room
Laundry
Main Level
Windows
ScreensVinyl Windows
Rooms
8

Exterior

Exterior features
Storage
Patio and porch
Covered
Construction
Wood Brick
Foundation
Block
Style
Traditional
Parking and garage
Detached
Fencing
Partial

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
Corner LotCurbsSidewalksStreet LightsMature Trees

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

$4,043per month, estimated
Principal and interest $3,403Property tax $404Insurance $236
20% · $135,000
6.47%
Loan type
Loan term

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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$675,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.