Bring your vision to one of the most sought-after streets in Carmel. Situated on an expansive .40-acre lot (80' x 220'), this property offers a rare canvas in a neighborhood defined by rapid redevelopment and luxury investment. Enjoy the ultimate Carmel lifestyle with true walkability to Midtown and City Center, putting premier dining and entertainment just steps from your future front door. One of the largest remaining parcels in the area, it provides the width and depth necessary for a significant custom estate, backyard oasis, or pool-features often compromised in urban settings. Whether you choose to renovate the existing residence or start fresh with new construction, the potential here is unmatched. This is your chance to stake a claim in the center of Carmel's exciting transformation.
Active
$395,000
731 Oswego Rd, Carmel, IN 46032
3beds
960sqft
Est.:
Residential, Single Family Residence
Built in 1956
0.4 Acres Lot
$-- Zestimate®
$411/sqft
$-- HOA
What's special
- 3 days |
- 1,603 |
- 38 |
Zillow last checked: 8 hours ago
Listing updated: January 18, 2026 at 02:34pm
Listing Provided by:
Jason O'Neil 317-989-0074,
Circle Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22080392
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Living room
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18x12
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Oven, Refrigerator
Features
- Hardwood Floors
- Flooring: Hardwood
- Has basement: No
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.4 Acres
Details
- Parcel number: 291031102049000018
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Newark Village
HOA
- Has HOA: No
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $411/sqft
- Tax assessed value: $119,500
- Annual tax amount: $298
- Date on market: 1/16/2026
- Cumulative days on market: 4 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Listed for sale | $395,000$411/sqft |
Source:  MIBOR as distributed by MLS GRID #22080392 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $264 +2% | $119,500 |
| 2023 | $259 +2% | $119,500 +6% |
| 2022 | $254 +2% | $112,700 +7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,354/mo
Principal & interest
$1920
Property taxes
$296
Home insurance
$138
Climate risks
Neighborhood: 46032
Nearby schools
GreatSchools rating
- 7/10Carmel Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Carmel Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- 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.
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