148 Park LN Carmel, IN 46032 Active

UPDATED: 07/21/2026 10:15 PM ON MARKET: 11 days on market

$698,500

3 Beds1 Bath1,562 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,562 sqft

Price per Sqft $447

Subdivision Johnson

MLS Listing ID 22114304

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1959

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Single Family Residence

Property 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.


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