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320 2nd Street NE

Carmel, IN 46032

ActiveListed Mar 31, 2026 · 179 days on market

Key facts

Lot
0.246 acres
Type
Land · Residential Lots
MLS #
22092540
County
Hamilton
Subdivision
No Subdivision

About this home

Build your vision in the heart of Carmel on this exceptional vacant lot. Carmel has been ranked the #1 place to live in the US, and this property offers an extraordinary opportunity to create a custom residence in one of the city's most desirable and walkable locations. Situated directly across from the Carmel High School and within easy walking distance of the library, elementary school, restaurants, coffee shops, art galleries, breweries, this location offers convenience and connectivity that are difficult to replicate. The value is in the land and its remarkable potential. Design and build a home tailored to your lifestyle, with the opportunity for beautiful outdoor living, entertaining spaces, a pool, gardens and more. Even more compelling, the adjacent property at 310 2nd Street NE is also available, creating a rare opportunity to purchase both parcels and develop an exceptional combined homesite. Buyers are encouraged to explore all possibilities with their architect or builder. Need a builder? We are happy to connect you with a trusted local professional that can help bring your vision to life.

Description provided by the listing brokerage.

Exterior

Other structures
Barn(s)

Systems

Sewer
Public Sewer

Lot and HOA

Lot features
AccessCorner LotCurbsSidewalksMature Trees
Zoning
residential

Schools

Elementary school
Carmel Elementary School
Middle school
Carmel Middle School
High school
Carmel High School
School district
Carmel Clay Schools

Taxes

Tax year
2026

Estimate your monthly payment

$4,201per month, estimated
Principal and interest $3,403Property tax $563Insurance $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 at 1.0% of price (Indiana homestead-capped at 1%), 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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Listed at$675,000
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