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0 McPherson

Carmel, IN 46280

PendingListed Aug 31, 2026 · 2 days on market

Key facts

Lot
0.23 acres
Type
Land · Residential Lots
MLS #
22123443
County
Hamilton
Subdivision
Home Place

About this home

Rare opportunity in Carmel ---- single family home OR duplex opportunity! Ideally located and sitting at just under a quarter of an acre (.23 acres), this lot provides the benefits to future owner of no HOA while being just minutes away from all of the amazing amenities that the City of Carmel. Currently approved zoning allows for a single family home or duplex development. Close to schools, shopping, restaurants, and the Monon Trail! Hurry, this will not last!

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
R3

Schools

High school
Carmel High School
School district
Carmel Clay Schools

Taxes

Estimated annual tax
$820 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$715per month, estimated
Principal and interest $604Property tax $68Insurance $42
20% · $23,980
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$119,900
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