The Prime Carmel Redevelopment Opportunity! Great opportunity for investors, custom builders, or buyers looking to build their dream home in one of Carmel's most exciting redevelopment areas. This property is just minutes from downtown Carmel, the Carmel Arts & Design District, boutique shopping, popular restaurants, community events, and more. Situated on a beautiful wooded lot of approximately 0.32 acres (75' x 220'), the property offers an excellent opportunity for a custom new-build. The neighborhood is undergoing significant transformation, with older homes being replaced by beautiful custom residences. Newer sidewalks and surrounding new construction add to the area's appeal and continued growth. The existing 3-bedroom, 2-full-bath home offers 1,376 square feet and is currently habitable but the home is being sold AS IS and is not available for interior showings. The property is well suited for a buyer seeking a redevelopment opportunity and the potential to create a custom home with ample space for outdoor living. Enjoy the convenience of being within walking or biking distance to the restaurants, shops, entertainment, and amenities of downtown Carmel, as well as the nearby Gramercy and Marketplace mixed-use development. Don't miss this opportunity to secure a buildable lot in one of Carmel's fastest-changing and highly desirable areas!
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Zillow last checked:
Listing updated:
Listed by:
Emily Brewer317-938-5046,
Redfin Corporation
Source: MIBOR as distributed by MLS GRID,MLS#: 22122299
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3
Bedroom 2
Level: Main
Area: 120 Square Feet
Dimensions: 12x10
Bedroom 3
Level: Main
Area: 100 Square Feet
Dimensions: 10x10
Other
Level: Main
Area: 165 Square Feet
Dimensions: 15x11
Family room
Level: Main
Area: 216 Square Feet
Dimensions: 18x12
Kitchen
Level: Main
Area: 105 Square Feet
Dimensions: 15x7
Living room
Level: Main
Area: 204 Square Feet
Dimensions: 17x12
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Included: Dryer, Electric Oven
Features
Attic Access
Has basement: No
Attic: Access Only
Number of fireplaces: 1
Fireplace features: Family Room
Interior area
Total structure area: 1,376
Total interior livable area: 1,376 sqft
Property
Features
Levels: One
Stories: 1
Patio & porch: Covered
Lot
Size: 0.38 Acres
Features: Mature Trees, Trees-Small (Under 20 Ft)
Details
Parcel number: 291031108011000018
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence
Materials
Brick
Foundation: Slab
Condition
New construction: No
Year built: 1954
Utilities & green energy
Water: Public
Community & HOA
Community
Subdivision: Newark
HOA
Has HOA: No
Location
Region: Carmel
Financial & listing details
Price per square foot: $400/sqft
Tax assessed value: $164,200
Annual tax amount: $1,318
Date on market: 8/26/2026
Cumulative days on market: 2 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
8/26/2026
Listed for sale
$550,000+388.9%$400/sqft
Source: MIBOR as distributed by MLS GRID #22122299Report a problem
6/10/2009
Sold
$112,500$82/sqft
Source: MIBOR as distributed by MLS GRID #2915196Report a problem