About This Home
This 3-bedroom, 2-bathroom single family at 120 3rd Street NW in Carmel, IN is listed for $615,000 ($310 per sqft). Built in 1940, the home offers 1,984 sqft of living space on a 0.15 acres lot.
Key Features
- Built in 1940
- 0.15 acre lot
- 2 stories
Property Details
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.
Monthly Cost Estimate
$3,289/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
120 3rd Street NW
Carmel, IN 46032
Carmel Arts District
Features & Amenities
Interior Features
Property Details
Construction
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 120 3rd Street NW is listed at $615,000 ($310/sqft). The estimated monthly payment is $3,289 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1940, 0.15 acre lot, 2 stories. Interior Features: Hi-Speed Internet Availbl.
This property is listed by Alexander Kovacs and can be reached at (812) 734-6048.






