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640 N Rangeline Road

Carmel, IN 46032

ActiveListed Apr 27, 2026 · 167 days on market

Key facts

Beds
2
Baths
1 full
Living area
1,013 sqft
Lot
0.25 acres
Year built
1921
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22096733
County
Hamilton
Subdivision
No Subdivision
Total building area
1,477 sqft

About this home

Location, location, location! If you have been looking for a way to get into the Carmel Arts District, this is it. Located at 640 N Rangeline Rd, this 1920s property is a rare chance to put your own stamp on a home in one of the city's most walkable and vibrant areas. The house is a 2-bedroom, 1-bathroom layout with an unfinished basement. While it does need some TLC and seller is not making any repairs, it has some great original character, including a hearth room with a decorative only fireplace. One of the best perks on the property is the detached two-car garage which comes with extra storage space that is perfect for a workshop, bikes, or lawn gear-which you will definitely use since the lot is over a quarter of an acre (0.28 acres). What an awesome opportunity to customize property right near the Arts District and within the Carmel Clay School system.

Description provided by the listing brokerage.

Interior

Appliances
Electric CooktopDryerGas Water HeaterElectric OvenRefrigeratorWasher
Interior features
Cathedral Ceiling(s)Hi-Speed Internet AvailblSmart Thermostat
Flooring
Hardwood
Basement
Full
Laundry
In Basement
Windows
ScreensVinyl Windows
Security
Smoke Detector(s)
Rooms
5
Main-level bedrooms
2
Condition
Fixer

Exterior

Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Concrete Perimeter
Style
Bungalow
Parking and garage
Detached

Systems

Heating
Forced AirGasHigh Efficiency (90%+ AFUE )
Cooling
Central Air
Water
Public

Schools

High school
Carmel High School
School district
Carmel Clay Schools

Taxes

Estimated annual tax
$7,338 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,442per month, estimated
Principal and interest $2,646Property tax $612Insurance $184
20% · $105,000
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.

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Listed at$525,000
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