120 3rd Street NW, Carmel, IN 46032

$615,000
3
BD
2
BA
1,984
SqFt

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List Price
$615,000
MLS#
22127211
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,984
Year Built
1940
Days on Market
6
Status
ACTIVE

Property Description

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.

Additional Information

Foundation
Crawl Space
Stories
Two
Architecture
Traditional
Interior
Hi-Speed Internet Availbl
Acres
0.15
Heat
Baseboard
Cooling
None
Appliances
Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Washer
Region
Clay
Eating Areas
Dining Combo/Family Room

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative