120 3rd Street NW Carmel, IN $ 615,000
120 3rd Street NW
$ 615,000
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120 3rd Street NW

Carmel, IN, 46032
$ 615,000
Bedrooms3 Baths2.0 Sq 1,984

Monthly Estimate*

$ 4,248

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Single Family Home for sale in Carmel, IN

for $615,000 with 3 bedrooms and 2 full baths. This 1,984 square foot home was built in 1940 on a lot size of 0.15.

Rare redevelopment opportunity in the heart of downtown Carmel! Create a custom luxury residence just moments from the Carmel Arts & Design District, Main Street, Midtown Plaza, the Monon Trail, local restaurants, coffee shops, concerts and year-round community events. This 0.15-acre property offers the increasingly rare combination of an established neighborhood setting and walkable access to some of Carmel's most popular destinations. Surrounded by impressive new construction and ongoing redevelopment, the property is being marketed primarily for its land value and future potential. Bring your own builder and vision, or use the available conceptual plans, renderings and architectural drawings as a starting point for a substantial two-story residence with a basement and attached garage. Few opportunities offer this level of flexibility in such a highly sought-after downtown location. Renderings depict a proposed residence for illustrative purposes only; new construction is not included in the list price.

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Single Family Pending

Price

$ 615,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 9,608

Style

Traditional

Lot Size

0.15

Year Built

1940

Town/City

Carmel

County/Region

Hamilton

MLS | Web ID

22127211

Features
Interior
Interior Amenities Hi-Speed Internet Availbl
Total Fireplaces 0
Basement (Y/N) N
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 1
Total Baths 2
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General
Heating Baseboard
Cooling None
Possession Closing
Appliances Gas Cooktop Dishwasher Dryer Disposal Gas Water Heater Microwave Gas Oven Washer
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1940
Township Clay
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Hamilton
New Construction N
Property Type Residential
HOA N
Subdivision Name Carmel Arts District
Garage Y/N N
Total Rooms 7
Full Baths 2
Status Pending
High School Carmel High School
City Carmel
High School District Carmel Clay Schools
MLS Area 2910 - Hamilton - Clay
Lot Size Square Feet 6534
Property Attached Y/N N
Standard Status Pending
Tax Lot 290925121007000018
Legal Description Acreage .15 Section 25 Township 18 Range 3
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Exterior
Water Source Public
Foundation Details Crawl Space
Building Area Total 1984
Lot Size Acres 0.15
Horse Amenities None
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* Excluded Features
List By
Exp Realty, Llc

Broker

alex@livindyrealty.com

Email

Affordability Calculator

$5,048
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,248
Monthly Property Taxes
$801
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044902 Elementary School
4044901 Middle School
Carmel High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2026$615,000 Listed Price

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120 3rd Street NW, Carmel, IN, 46032 is a Single Family Home for sale at $615,000 with 1,984 sqft and a lot size of 0.15. 120 3rd Street NW has 3 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 46032 which is in Carmel, IN