$550,000

Estimated payment $3,128/month

3 Beds
2 Baths
1,376 Sq Ft
$400 Price per Sq Ft

Highlights

  • Mature Trees
  • Traditional Architecture
  • Covered Patio or Porch
  • Carmel Elementary School Rated A
  • No HOA
  • 1-Story Property

About This Home

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!

Listing Agent

Emily Brewer

Redfin Corporation Brokerage Email: emily.brewer@redfin.com License #RB14049864 Listed on: 08/26/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1954

Lot Details

  • 16,553 Sq Ft Lot
  • Mature Trees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,376 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Laminate Flooring
  • Attic Access Panel
  • Electric Oven
  • Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Newark Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 291031108011000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,318

Year Built

Built in 1954

Lot Details

0.38 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1954
  • Building Area Total: 1376
  • Garage Y N: No
  • Lot Size Acres: 0.38
  • Subdivision Name: Newark
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: emily.brewer@redfin.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Attic Access
  • Living Area: 1376
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1376
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • MBR_RoomFlooring: Laminate
  • MBR_RoomFlooring: Laminate
  • MBR_RoomFlooring: Laminate
  • MBR_RoomFlooring: Laminate
  • MBR_RoomFlooring: Laminate
  • MBR_RoomFlooring: Laminate

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Pool Private Y N: No

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 16553
  • Parcel Number: 291031108011000018
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 1318
  • Tax Lot: 51
  • Semi Annual Property Tax Amt: 659
  • Tax Exemption: Homestead Tax Exemption

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2026 08/26/26 For Sale $550,000 -- $400 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22122299

MIBOR Broker Listing Cooperative®
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