Rare opportunity to own two side-by-side lots in the highly desirable Newark subdivision, just one block off Rangeline Road in Carmel. The true value of this property lies in its exceptional land offering-a 0.77-acre double lot in a location where parcels of this size are increasingly scarce. The setting is unmatched, offering a short walk to the Monon Trail, Midtown, City Center, shopping, dining, and grocery stores, creating a highly walkable lifestyle rarely available on lots of this caliber. The existing 5-bedroom, 2-bath home provides immediate functionality and flexibility, featuring multiple living areas including a front living room and rear family room, each with a wood-burning fireplace. Refinished hardwood floors run throughout much of the home, and the kitchen has been updated with granite countertops, stainless steel appliances, tile flooring, and ample cabinetry. Additional improvements include a newer roof and gutters, furnace, water heater, upgraded electrical panel, and updated lighting and fixtures. The expansive outdoor space is enhanced by a large aggregate patio and a concrete semicircular driveway. An exceptional opportunity for homeowners, investors, or future redevelopment-this property delivers land, location, and optionality in one of Carmel's most sought-after areas.
Active
$1,200,000
1025 Oswego Rd, Carmel, IN 46032
5beds
3,092sqft
Est.:
Residential, Single Family Residence
Built in 1942
0.77 Acres Lot
$-- Zestimate®
$388/sqft
$-- HOA
What's special
Wood-burning fireplaceLarge aggregate patioRear family roomGranite countertopsStainless steel appliancesUpdated lighting and fixturesNewer roof and gutters
- 105 days |
- 1,295 |
- 15 |
Zillow last checked:
Listing updated:
Listing Provided by:
Andrew Hehman 812-344-0722,
eXp Realty LLC,
Alex Montagano
Source: MIBOR as distributed by MLS GRID,MLS#: 22081266
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 4
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 5
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Breakfast room
- Features: Tile-Ceramic
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Dining room
- Level: Main
- Area: 200 Square Feet
- Dimensions: 20x10
Family room
- Level: Main
- Area: 304 Square Feet
- Dimensions: 16x19
Great room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 20x12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
- Laundry: In Basement
Features
- Built-in Features, Breakfast Bar, Pantry
- Basement: Partial,Unfinished
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room, Wood Burning
Interior area
- Total structure area: 3,092
- Total interior livable area: 3,092 sqft
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Parking Other(Finished Garage, Keyless Entry)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 0.77 Acres
- Features: Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
Details
- Additional structures: Storage
- Parcel number: 291031102030000018
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding, Stone
- Foundation: Block, Partial
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Newark
HOA
- Has HOA: No
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $388/sqft
- Tax assessed value: $454,100
- Annual tax amount: $4,014
- Date on market: 2/5/2026
- Cumulative days on market: 107 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Listed for sale | $1,200,000+84.6%$388/sqft |
Source:  MIBOR as distributed by MLS GRID #22081266 Report a problem | ||
| 5/10/2022 | Pending sale | $650,000+204.4%$210/sqft |
Source: MIBOR as distributed by MLS GRID #21854450 Report a problem | ||
| 7/20/2007 | Sold | $213,500$69/sqft |
Source: MIBOR as distributed by MLS GRID #2710744 Report a problem | ||
| 9/25/2006 | Sold | $213,500$69/sqft |
Source: MIBOR as distributed by MLS GRID #2641670 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,059 +2% | $454,100 +21.7% |
| 2024 | $3,979 +97.7% | $373,100 -0.8% |
| 2023 | $2,012 +11.4% | $376,200 +89% |
| 2022 | $1,807 +22.1% | $199,100 +8.7% |
| 2021 | $1,480 +9.2% | $183,200 +15.3% |
| 2020 | $1,355 -12.3% | $158,900 +5.6% |
| 2019 | $1,546 +1.4% | $150,500 -9.3% |
| 2018 | $1,525 +3.8% | $165,900 +0.7% |
| 2017 | $1,470 +1.4% | $164,700 +5.1% |
| 2016 | $1,450 +7.7% | $156,700 +1.2% |
| 2014 | $1,347 +4.5% | $154,900 +4.8% |
| 2013 | $1,288 -16.4% | $147,800 -11% |
| 2012 | $1,542 +5.1% | $166,100 -1.4% |
| 2011 | $1,467 -4.4% | $168,400 |
| 2010 | $1,534 +18.9% | $168,400 |
| 2009 | $1,289 | $168,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 46032
Nearby schools
GreatSchools rating
- 8/10Carmel Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 8/10Carmel Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Hamilton County
- Carmel
- 46032
- 1025 Oswego Rd
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