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11197 Estancia Way

Carmel, IN 46032

ActiveListed Oct 19, 2026 · 1 day on market

Key facts

Beds
5
Baths
3 full · 3 half
Living area
8,227 sqft
Lot
4.7 acres
Year built
1978
Type
Residential · Single Family Residence
Stories
One
Garage
4 spaces
MLS #
22121198
County
Hamilton
Subdivision
Estancia
Total building area
9,559 sqft

About this home

Nestled at the end of a quiet cul-de-sac in the coveted gated community of Estancia, this 4.7-acre retreat is one of only seven homesites in the neighborhood. Privacy, natural beauty, and relaxation come together at this exceptional property. Williams Creek winds along the grounds, framed by a multi-level stone patio that is reminiscent of something that one might find at a public park offering outstanding vantage points of nature and tranquility. Spend crisp fall evenings gathered around the fire pit, or start your mornings with a cup of coffee and a view of the calming water and wooded peninsula. The ranch-style home offers easy single-level living resting on a walkout basement offering an abundance of space, waiting for your improvements. The updated kitchen opens to the great room, with soaring ceilings, outstanding natural light, stone fireplace and large dining room area. The primary suite includes a connected office, complete with fireplace, ideal for working from home. The updated primary bathroom offers a comfortable walk-in closet, sizable shower and soaking tub offering a stunning view of the swimming pool and grounds. Separate outbuilding resting on the grounds can offer storage out could be improved upon for a multitude of uses. Don't miss your chance to make this one-of-a-kind property your own.

Description provided by the listing brokerage.

Interior

Appliances
Gas Water HeaterGas OvenWater Heater
Interior features
Attic Pull Down StairsBath Sinks Double MainBuilt-in FeaturesCathedral Ceiling(s)Kitchen IslandEntrance FoyerPaddle FanHi-Speed Internet AvailblEat-in KitchenPantrySmart ThermostatWalk-In Closet(s)
Other rooms and areas
Bath Jack-n-JillBedroom Other on MainLiving Room FormalUtility Room
Flooring
Hardwood
Basement
Walk-Out Access
Fireplaces
4
Fireplace type
BasementGas StarterGreat RoomLiving Room
Laundry
Main Level
Windows
Skylight(s)
Security
Security System
Rooms
17
Main-level bedrooms
5

Exterior

Exterior features
Basketball Court
Patio and porch
Patio
Construction
CedarStone
Foundation
Crawl SpacePartial
Style
Ranch
Parking and garage
AttachedDetachedAsphalt
Pool
Diving BoardIn GroundPool Cover
Private pool
Yes
View
Creek/StreamTrees/WoodsWater
Waterfront
Creek
Other structures
Outbuilding
Other equipment
Radon SystemSecurity System OwnedSump Pump

Systems

Heating
ZonedForced AirNatural GasHeat Pump
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$2,000 / annually
Lot features
Gated CommunityMature TreesWooded

Schools

School district
Carmel Clay Schools

Taxes

Estimated annual tax
$27,652 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$18,644per month, estimated
Principal and interest $15,122Property tax $2,304Insurance $1,050HOA $167
20% · $600,000
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$3,000,000
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