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4754 Wellswood Bend

Carmel, IN 46033

ActiveListed Oct 22, 2026 · 1 day on market

Key facts

Lot
0.24 acres
Type
Land · Residential Lots
MLS #
22132873
County
Hamilton
Subdivision
Gray Oaks

About this home

RARE OPPORTUNITY | LAST REMAINING HOMESITE IN GRAY OAKS! An exceptional opportunity to build in one of Carmel's established custom home communities, offered at the lowest current asking price of any residential lot in Carmel! This distinctive homesite presents a compelling combination of value, exclusivity, and location. As the final remaining undeveloped lot in Gray Oaks, it offers the opportunity to create a custom residence surrounded by beautiful, established homes. Envision an elegant ranch, sophisticated two-story design, or a thoughtfully planned home with a finished lower level. Enjoy the character of an established neighborhood with convenient access to Carmel's shopping, dining, parks, and amenities. No Clearing necessary.

Description provided by the listing brokerage.

Lot and HOA

HOA fee
$2,000 / annually

Estimate your monthly payment

$2,500per month, estimated
Principal and interest $1,890Property tax $312Insurance $131HOA $167
20% · $74,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), 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$374,900
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