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3 Beds
2 Baths
1,984 sqft

$615,000

120 3rd Street NW, Carmel IN, 46032

Price per sqft$309.98
Built in1940
Property size1,984 sqft
Property typeResidential
Courtesy of eXp Realty, LLC, Alexander Kovacs Listing Contact:

Overview

Active

Listed Sep 17, 2026

Updated 39h ago

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.

$4,092/mo

Est. mortgage payment based on a $615,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22127211

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kelly Todd shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:26 AM UTC on 10/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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