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148 Park Lane

Carmel, IN 46032

ActiveListed Jul 17, 2026 · 92 days on market

Key facts

Beds
3
Baths
1 full
Living area
1,562 sqft
Lot
0.29 acres
Year built
1959
Type
Residential · Single Family Residence
Stories
One
Garage
21 spaces
MLS #
22114304
County
Hamilton
Subdivision
Johnson

About this home

LOCATION! LOCATION! LOCATION! Tucked away on the closest cul-de-sac to Midtown Carmel, this property offers an opportunity that's becoming increasingly rare. Walk just minutes to the Monon Trail, Midtown Plaza, Main Street, Anthony's Chophouse, Monterey Coastal Cuisine, Social Cantina, Sun King Brewery, boutique shopping, coffee shops, concerts, festivals, and everything that makes downtown Carmel one of Indiana's most desirable places to live. The existing home has been thoughtfully updated with an open kitchen, custom fireplace built-ins, updated finishes, a spacious backyard, and a detached garage. Enjoy it in current state, renovate it, or unlock the property's incredible redevelopment potential. AI representation of possible home builds included in the listing photos. A preferred local lender can also provide a construction-to-permanent loan that finances the land purchase, demolition, and new construction in one convenient loan. Whether you're looking for a move-in-ready home, a premium homesite, or the chance to build a custom luxury residence in one of Carmel's most walkable locations, this is an opportunity that rarely comes available.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalMicrowaveElectric OvenRefrigeratorWasher
Interior features
Built-in FeaturesEat-in KitchenKitchen Island
Fireplaces
1
Fireplace type
Kitchen
Laundry
Laundry Room
Windows
Vinyl Windows
Rooms
6
Main-level bedrooms
3

Exterior

Exterior features
Gas GrillStorage Shed
Construction
Vinyl Siding
Foundation
Slab
Style
Traditional
Parking and garage
Detached
View
Trees/Woods
Other equipment
Satellite Dish

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

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
$2,410 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,966per month, estimated
Principal and interest $3,521Property tax $201Insurance $244
20% · $139,700
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$698,500
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