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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!
Property Type(s):
Single Family
| Last Updated | 8/26/2026 | Tract | Newark |
|---|---|---|---|
| Year Built | 1954 | Community | 2910 - Hamilton - Clay |
| County | Hamilton |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Electric Oven |
| AREA | 2910 - Hamilton - Clay |
| CONSTRUCTION | Brick |
| FIREPLACE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.38 acre(s) |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | Newark |
| WATER | Public |
Location
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Listed with Redfin Corporation
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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