Key facts
- Beds
- 3
- Baths
- 2 full
- Living area
- 1,984 sqft
- Lot
- 0.15 acres
- Year built
- 1940
- Type
- Residential · Single Family Residence
- Stories
- Two
- MLS #
- 22127211
- County
- Hamilton
- Subdivision
- Carmel Arts District
About this home
Rare redevelopment opportunity in the heart of downtown Carmel! Create a custom luxury residence just moments from the Carmel Arts & Design District, Main Street, Midtown Plaza, the Monon Trail, local restaurants, coffee shops, concerts and year-round community events. This 0.15-acre property offers the increasingly rare combination of an established neighborhood setting and walkable access to some of Carmel's most popular destinations. Surrounded by impressive new construction and ongoing redevelopment, the property is being marketed primarily for its land value and future potential. Bring your own builder and vision, or use the available conceptual plans, renderings and architectural drawings as a starting point for a substantial two-story residence with a basement and attached garage. Few opportunities offer this level of flexibility in such a highly sought-after downtown location. Renderings depict a proposed residence for illustrative purposes only; new construction is not included in the list price.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Rooms
- 7
- Main-level bedrooms
- 1
Exterior
- Construction
- Foundation
- Style
Systems
- Heating
- Water
Schools
- High school
- Carmel High School
- School district
- Carmel Clay Schools
Taxes
- Estimated annual tax
- $9,608 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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.
Talk to a lender we trust