148 Park Lane, Carmel, IN 46032 (MLS # 22114304)

Price $698,500
Status Active
Beds 3
Baths 1 Bath
Home size 1,562 sqft
Lot Size 12,633 sqft
Days on Market 54
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.
Property Type(s): Single Family
Last Updated 7/17/2026 Tract Johnson
Year Built 1959 Community 2910 - Hamilton - Clay
Garage Spaces 21.0 County Hamilton

SCHOOLS

Elementary School Carmel Elementary School
Jr. High School Carmel Middle School
High School Carmel High School

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Washer
AREA 2910 - Hamilton - Clay
CONSTRUCTION Vinyl Siding
EXTERIOR Gas Grill
FIREPLACE Yes
GARAGE Yes
HEAT Forced Air
INTERIOR Built-in Features, Eat-in Kitchen, Kitchen Island
LOT 0.29 acre(s)
PARKING Detached
STORIES 1
STYLE Traditional
SUBDIVISION Johnson
VIEW Yes
VIEW DESCRIPTION Trees/Woods
WATER Public

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Alice Steppe to contact you even if your name is on a Federal or State "Do not call List".
Listed with eXp Realty, LLC
Listing information is deemed reliable, but not guaranteed.

© 2026 Metropolitan Indianapolis Board of REALTORS®

This IDX solution is (c) Diverse Solutions 2026.

Email a Friend