321 N Rangeline Rd Carmel, IN 46032
Downtown Carmel NeighborhoodEstimated payment $6,289/month
Highlights
- 1 Car Detached Garage
- Laundry Room
- 3-minute walk to Midtown Plaza Carmel
- Carmel Elementary School Rated A
About This Home
Welcome to the most unique property in all of Carmel! Built in 1860 as the home of Franklin Booth, an illustrator for James Whitcomb Riley and referred to as "the Mansion on Main", this 2 unit home was completely re-designed in 2020...and it's absolutely magnificent! Just steps from Main Street, the Monon and all that the Carmel Arts District has to offer, this 2 unit home is zoned for both single family use, multi-unit/income use (generating over $5000/mo) or commercial use. And YES, it CAN be an Airbnb! As you enter the lower unit you are greeted with gorgeous original hardwoods, exposed brick, custom tile work, reclaimed wood, custom doors, imported light fixtures and special touches everywhere you look. With 2 bedrooms, 2 bathrooms, large laundry room, spacious living room and dining or office space this newly renovated floorplan offers a huge kitchen with custom cabinetry, butcher block counters and honed granite island, stainless appliances and custom touches everywhere you turn. The private rear exterior staircase leads to the 2nd floor unit featuring equally unique finishes in every square inch. This unit offers 2 bedrooms, 1 bathroom, generous kitchen and living space and inviting foyer complete with the same gorgeous hardwood, fixtures and features as the first floor unit. This unique property has more features than can be counted - be sure to ask your agent for a list of unique features provided in agent supplements (and located in the home). This is a historic home without the constraints of being a part of the Historical Society yet it's new owners can opt in if they so choose. The location, multi-use, updates, features and beauty of this home truly can not be beat. There is literally nothing like it in all of Carmel!
Last Listed By
Keller Williams Indpls Metro N Brokerage Email: megan@porterfieldpropertygroup.com License #RB14049974 Listed on: 06/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,038
Year Built
- Built in 1860
Lot Details
- 0.25 Acre Lot
Parking
- 1 Car Detached Garage
Home Design
- Duplex
- Block Foundation
Interior Spaces
- 2-Story Property
- Laundry Room
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Schools
- Carmel Elementary School
- Carmel Middle School
Community Details
- Carmel Arts District Subdivision
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 291030901026000018
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,038 | $553,700 | $198,300 | $355,400 |
| 2023 | $10,038 | $497,900 | $142,500 | $355,400 |
| 2022 | $7,634 | $373,100 | $142,500 | $230,600 |
| 2021 | $6,507 | $317,000 | $142,500 | $174,500 |
| 2020 | $6,512 | $317,200 | $142,500 | $174,700 |
| 2019 | $2,467 | $234,300 | $142,500 | $91,800 |
| 2018 | $4,753 | $236,500 | $142,500 | $94,000 |
| 2017 | $4,643 | $231,900 | $110,100 | $121,800 |
| 2016 | $4,474 | $221,400 | $110,100 | $111,300 |
| 2014 | $1,737 | $186,200 | $92,000 | $94,200 |
| 2013 | $1,737 | $178,400 | $92,000 | $86,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | For Sale | $975,000 | -- | $429 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Enterprise Titel |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $339,000 | New Conventional | |
| Closed | $342,000 | New Conventional | |
| Previous Owner | $137,000 | New Conventional | |
| Previous Owner | $38,000 | Credit Line Revolving | |
| Previous Owner | $152,000 | Fannie Mae Freddie Mac |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22040620
APN: 29-10-30-901-026.000-018
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