120 3rd Street NW, Carmel, IN 46032

• 3 beds |
• 2 baths |
• 1,984 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

October 9, 2026 at 6:17AM

Listing Office:

eXp Realty, LLC : 317-967-1612

Listing Agent:

Alexander Kovacs : 317-967-1612

MLS ID:

22127211

Interior

• General: Hi-Speed Internet Availbl
• Appliances: Gas CooktopDishwasherDryerDisposalGas Water HeaterMicrowaveGas OvenWasher
• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• Style: Traditional

Construction

• General: TwoCrawl Space

Location

• Originating MLS: mibor
• School District: Carmel Clay Schools
• County: Hamilton

Lot

• Zoning: Acreage .15Section 25Township 18Range 3290925121007000018

Utilities

• Water: Public

Financial

• Source: mibor