About This Home

This 3-bedroom, 1-bathroom single family at 148 Park Lane in Carmel, IN is listed for $698,500 ($447 per sqft). Built in 1959, the home offers 1,562 sqft of living space on a 0.29 acres lot.

Key Features

  • Built in 1959
  • 0.29 acre lot
  • Fireplace

Property Details

1 story
1 full
1959

Amenities

FireplaceA/C
Listing Description

LOCATION! LOCATION! LOCATION! Tucked away on the closest cul-de-sac to Midtown Carmel, this property offers an opportunity that's becoming increasingly rare. Walk just minutes to the Monon Trail, Midtown Plaza, Main Street, Anthony's Chophouse, Monterey Coastal Cuisine, Social Cantina, Sun King Brewery, boutique shopping, coffee shops, concerts, festivals, and everything that makes downtown Carmel one of Indiana's most desirable places to live.

The existing home has been thoughtfully updated with an open kitchen, custom fireplace built-ins, updated finishes, a spacious backyard, and a detached garage. Enjoy it in current state, renovate it, or unlock the property's incredible redevelopment potential.

An exclusive partnership with Eaton Custom Homes offers buyers the opportunity to build a luxury custom English Tudor designed specifically for this lot, with an estimated finished price of $2.5M-$3M depending on selections. The final photo is an AI-generated concept of what could be built.

Builder plans are currently in progress. A preferred local lender can also provide a construction-to-permanent loan that finances the land purchase, demolition, and new construction in one convenient loan. Whether you're looking for a move-in-ready home, a premium homesite, or the chance to build a custom luxury residence in one of Carmel's most walkable locations, this is an opportunity that rarely comes available.

Monthly Cost Estimate

$3,736/mo

20% down · 6.5% · 30 years

Principal$505
Interest$3,027
Insurance$204

Estimates only. Actual payments may vary.

Location

148 Park Lane

Carmel, IN 46032

Johnson

Features & Amenities

Interior Features

Built-in FeaturesEat-in KitchenKitchen Island

Exterior Features

Gas GrillStorage Shed

Property Details

Construction

Vinyl Siding

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDryerDisposalMicrowaveElectric OvenRefrigeratorWasher

Questions & Answers

This 3-bedroom, 1-bathroom single family at 148 Park Lane is listed at $698,500 ($447/sqft). The estimated monthly payment is $3,736 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 0.29 acre lot, Fireplace. Interior Features: Built-in Features, Eat-in Kitchen, Kitchen Island. Exterior Features: Gas Grill, Storage Shed.

This property is listed by Courtney Walsh and can be reached at (888) 611-3912.

CW

Courtney Walsh

Agent at eXp Realty

(888) 611-3912

Listed by eXp Realty · Broker phone: (888) 611-3912 · View on Broker Site

MLS# 22114304· Source: Broker Listing Cooperative®· 81 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

148 Park Lane, Carmel, IN 46032

Open this listing in: