Dreaming of building your custom home on wooded acreage in Carmel? This could be the opportunity you've been waiting for. Situated on 2.29 beautiful wooded acres, this property includes two parcels and offers incredible potential for redevelopment or a private estate homesite. The existing 3 bed, 2 bath traditional home is being sold AS-IS and is considered a likely tear-down, making this an ideal option for builders, investors, or buyers ready to create something truly special. With no HOA, mature trees, and a prime Carmel location, this is a rare chance to create something special in one of Central Indiana's most sought-after areas.
Active
$695,000
12701 Shelborne Rd, Carmel, IN 46032
3beds
2,096sqft
Est.: Get pre-qualified
Residential, Single Family Residence
Built in 1968
2.29 Acres Lot
$-- Zestimate®
$332/sqft
$-- HOA
What's special
Wooded acreageMature trees
- 15 days |
- 2,420 |
- 70 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listing Provided by:
Marty Zimmerman 317-450-8266,
Encore Sotheby's International
Source: MIBOR as distributed by MLS GRID,MLS#: 22101421
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Dining room
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Living room
- Level: Main
- Area: 300 Square Feet
- Dimensions: 20x15
Heating
- Forced Air
Cooling
- None
Appliances
- Included: None
Features
- Hardwood Floors
- Flooring: Hardwood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 2,096
- Total interior livable area: 2,096 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 2.29 Acres
- Features: Wooded
Details
- Additional parcels included: 290929000015.006018
- Parcel number: 290929000016000018
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: 100 Amp Service
- Water: Private
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Clay
HOA
- Has HOA: No
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $332/sqft
- Tax assessed value: $346,700
- Annual tax amount: $3,926
- Date on market: 5/15/2026
- Cumulative days on market: 19 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $695,000+29.9%$332/sqft |
Source:  MIBOR as distributed by MLS GRID #22101421 Report a problem | ||
| 4/28/2026 | Sold | $535,000-2.7%$255/sqft |
Source: MIBOR as distributed by MLS GRID #22085637 Report a problem | ||
| 2/26/2026 | Pending sale | $550,000$262/sqft |
Source: MIBOR as distributed by MLS GRID #22085637 Report a problem | ||
| 2/24/2026 | Listed for sale | $550,000$262/sqft |
Source: MIBOR as distributed by MLS GRID #22085637 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,773 +16.1% | $346,700 +5.5% |
| 2024 | $3,249 +4.3% | $328,600 +11.4% |
| 2023 | $3,116 +0.8% | $295,000 +13.5% |
| 2022 | $3,092 +1.1% | $260,000 +3.2% |
| 2021 | $3,060 +4.3% | $252,000 +0.6% |
| 2020 | $2,934 -3.9% | $250,400 +2.7% |
| 2019 | $3,053 +4.1% | $243,800 -3.9% |
| 2018 | $2,933 -1.6% | $253,800 +3.4% |
| 2017 | $2,981 +9.5% | $245,400 -0.4% |
| 2016 | $2,723 +7.5% | $246,500 +10.3% |
| 2014 | $2,533 -2.3% | $223,400 +0.1% |
| 2013 | $2,592 -1.5% | $223,100 -0.5% |
| 2012 | $2,632 +8.7% | $224,200 +2.8% |
| 2011 | $2,423 -4.4% | $218,000 |
| 2010 | $2,533 +7.8% | $218,000 -7.7% |
| 2009 | $2,349 | $236,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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
- 9/10West Clay ElementaryGrades: PK-5Distance: 0.5 mi
- 10/10Creekside Middle SchoolGrades: 6-8Distance: 0.3 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 5.4 mi
Schools provided by the listing agent
- Elementary: West Clay Elementary School
- Middle: Creekside Middle School
- High: Carmel High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
- 12701 Shelborne Rd
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