NOT LISTED FOR SALE

231 N Rangeline Rd Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $540,000 - $585,000

2 Beds
1 Bath
-- Sq Ft
0.25 Acres

Last Sold March 20, 2025

Last sale price $549,900

Current estimated payment $3,655/month

4 Days on Market

About This Home

As of March 2025

UNLIMITED POTENTIAL with this historic 1800's duplex near downtown Carmel! Make your dream a reality with this blank canvas. Interior has been demo'd to the studs making this a ready to go project for whatever you can imagine. Large lot with plenty of parking for a commercial conversion or rebuild with additional living units. This is a rare opportunity for this coveted downtown location!

Last Agent to Sell the Property

Derek Manis

F.C. Tucker Company Brokerage Email: derek.manis@talktotucker.com License #RB14023732 Listed on: 03/06/2025

F.C. Tucker Company

Last Buyer's Agent

Seth Patton

Luxcity Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,718

Year Built

  • Built in 1880

Lot Details

  • 0.25

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 2-Story Property
  • 0.25 Acre Lot
  • Basement

Community Details

  • Carmel Arts District Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 291030901023000018
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,718

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1880
  • Lot Size Acres: 0.25
  • Subdivision Name: Carmel Arts District
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 274950
  • MBR_AttributionContact: derek.manis@talktotucker.com
  • Attribution Contact: derek.manis@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Possible Use: CommMulTen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 549900
  • Road Access: Frontage Road

Utilities

  • Cooling: Central Electric
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10890
  • Parcel Number: 291030901023000018
  • Acres: 1/4-1/2 Acre
  • Price Acre: 2199600

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7718
  • Tax Lot: 7
  • Semi Annual Property Tax Amt: 3859
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Mar 20, 2025
Sold by
Vandenstine Group Llc
Bought by
Overbeck Brittany
Seller's Agent
Derek Manis
F.C. Tucker Company
Buyer's Agent
Seth Patton
Luxcity Realty
List Price
$549,900
Sold Price
$549,900
Views
30
Current Estimated Value
$550,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225
Avg. Annual Appreciation
0.10%

Purchase Details

Closed on
Aug 19, 2019
Sold by
Shaver David E and Shaver Connie Jo
Bought by
Vandenstine Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.8%
Mortgage Type
Small Business Administration
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Overbeck Brittany $549,900 Fidelity National Title
Vandenstine Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vandenstine Group Llc $126,000
Previous Owner Vandenstine Group Llc $150,000
Previous Owner Vandenstine Group Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $549,900 0.0% --
03/10/2025 03/10/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $549,900 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,717 $438,600 $198,300 $240,300
2023 $7,717 $382,800 $142,500 $240,300
2022 $6,124 $296,900 $142,500 $154,400
2021 $5,038 $243,100 $142,500 $100,600
2020 $4,684 $226,000 $142,500 $83,500
2019 $4,552 $221,500 $142,500 $79,000
2018 $4,508 $221,500 $142,500 $79,000
2017 $4,315 $212,700 $110,100 $102,600
2016 $4,177 $203,900 $110,100 $93,800
2014 $3,360 $171,700 $92,000 $79,700
2013 $3,360 $165,100 $92,000 $73,100
Source: Public Records

Agents Affiliated with this Home

  • Derek Manis

    Seller's Agent in 2025

    Derek Manis

    F.C. Tucker Company

    (317) 879-6629

    5 in this area

    255 Total Sales

    Section Image

  • S

    Buyer's Agent in 2025

    Seth Patton

    Luxcity Realty

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22025155

MIBOR Broker Listing Cooperative®

APN: 29-10-30-901-023.000-018

Indiana Hamilton County Carmel 46032 Downtown Carmel

231 N Rangeline Rd, Carmel, IN

This home is located at 231 N Rangeline Rd, Carmel, IN 46032 since 06 March 2025 and is currently estimated at $560,221. This property was built in 1880. 231 N Rangeline Rd is a home located in Hamilton County with nearby schools including Carmel Elementary School, Carmel Middle School, and Carmel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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