Key facts
- Beds
- 3
- Baths
- 3 full · 1 half
- Living area
- 2,315 sqft
- Lot
- 0.069 acres
- Year built
- 2009
- Type
- Residential · Single Family Residence
- Stories
- Two
- Garage
- 2 spaces
- MLS #
- 22134383
- County
- Hamilton
- Subdivision
- Cottages At Carmel
About this home
Enjoy the best of Carmel living at 685 Waterlily Way in The Cottages at Carmel! This beautifully maintained home combines thoughtful updates, flexible living spaces, and the convenience of low-maintenance living in an exceptional location near the Carmel Arts & Design District, Midtown, and the Monon Greenway. Enjoy easy access to downtown Carmel's restaurants, shops, galleries, entertainment, the Palladium, and the popular Carmel Farmers Market. Inside, the inviting open floor plan features soaring ceilings, abundant natural light, hardwood floors, and a spacious great room with a fireplace and custom built-ins. The updated kitchen offers beautiful countertops, stainless steel appliances, a large center island, and ample cabinetry, while the adjoining dining area features a charming built-in window seat. The main-level primary suite includes a beautifully renovated bathroom with dual vanities, a stunning walk-in tiled shower, and an impressive custom walk-in closet. First-floor washer and dryer hookups provide the option for convenient main-level laundry. Upstairs, you'll find two additional bedrooms, two bathrooms, a spacious loft offering flexibility for a home office or second living area, and a generously sized laundry room with ample cabinet storage. The finished sunroom provides another inviting place to relax, while the private patio overlooks a beautifully landscaped, wooded backdrop. Enjoy more free time with HOA services that include lawn care, landscaping, seasonal leaf removal, gutter cleaning, driveway and sidewalk snow removal, and exterior maintenance. Whether you're exploring everything Carmel has to offer or traveling, this home provides the perfect balance of comfort, convenience, and low-maintenance living!
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Flooring
- Fireplaces
- 1
- Fireplace type
- Windows
- Rooms
- 7
- Main-level bedrooms
- 1
Exterior
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Other equipment
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- HOA fee
- $310 / monthly
- Lot features
- HOA fee includes
Schools
- School district
- Carmel Clay Schools
Taxes
- Estimated annual tax
- $4,422 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2026
Price history
Every listing, price change and sale we have on record for this home.
| Date | Event | Price | $/sq ft |
|---|---|---|---|
| Listed for sale | $539,900 | $233 / sq ft |
Properties displayed may be listed or sold by various participants in the MLS.
Information deemed reliable but is not guaranteed accurate.
© 2026 MIBOR REALTOR® Association
Based on information submitted to the Broker Listing Cooperative listing service as of November 1, 2026
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 trustLocation
Open in Google Maps- Address
- 685 Waterlily Way, Carmel, IN 46032
- County
- Hamilton