640 N Rangeline Road, Carmel, IN 46032
No Subdivision · Hamilton County
Key Facts
Description
Location, location, location! If you have been looking for a way to get into the Carmel Arts District, this is it. Located at 640 N Rangeline Rd, this 1920s property is a rare chance to put your own stamp on a home in one of the city's most walkable and vibrant areas. The house is a 2-bedroom, 1-bathroom layout with an unfinished basement. While it does need some TLC and seller is not making any repairs, it has some great original character, including a hearth room with a decorative only fireplace. One of the best perks on the property is the detached two-car garage which comes with extra storage space that is perfect for a workshop, bikes, or lawn gear-which you will definitely use since the lot is over a quarter of an acre (0.28 acres). What an awesome opportunity to customize property right near the Arts District and within the Carmel Clay School system.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow
Year Built
1921
Living Area
1,477 sq ft
Lot Size
0.25 acres
Garage Spaces
2
Days on Market
9
MLS® Listing#
22096733
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Construction
Foundation
Security
Water Source
Schools
- High:
- Carmel High School
Financial Details
HOA
None
Parcel Number
290925802011000018
Directions
GPS Friendly
Affordability Calculator
$119,800
Estimated monthly payment
$3,188/mo
Principal $479,200 · Est. interest $668,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Carmel, IN
- $586,813
- Median Listing Price
- 40
- Median Days on Market
- 2,379
- Median Sq Ft
- $222
- Median Price / Sq Ft
- 246
- Active Listings
- This home’s price is 2% above the area median.
- Its price per sq ft is 83% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Carmel, IN.
Location
- 640 N Rangeline Road, Carmel, IN 46032
Points of Interest in Carmel, IN
Showing the Carmel area map.
Nearby Schools
Starting Line Preschool
School · 0.4 mi away
Carmel High School
Secondary · 0.5 mi away
Clay Montessori School
Elementary · 0.5 mi away
Carmel Elementary School
Elementary · 0.6 mi away
Coram Deo Academy
School · 0.6 mi away
Carmel United Methodist Church Preschool
School · 0.9 mi away
Acorn Montessori School
Elementary · 1.0 mi away
Carmel Middle School
Secondary · 1.0 mi away
Highlands Latin School
Elementary · 1.2 mi away
Carmel Montessori School
Elementary · 1.4 mi away
The Little Lamb Christian School
School · 1.4 mi away
Goddard School
School · 1.4 mi away
Primrose Schools
Elementary · 1.5 mi away
Our Lady of Mt Carmel
School · 1.5 mi away
Options Charter School
School · 1.5 mi away
Mohawk Trails Elementary School
Elementary · 1.6 mi away
Midwest Academy
School · 1.7 mi away
Goddard School
School · 1.7 mi away
The Creme School of Carmel, in
School · 2.1 mi away
Primrose Schools
Elementary · 2.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10712 Downing Street, Carmel, IN | $424,000 | 3 | 3 | 3,112 |
| 84 Bennett Road, Carmel, IN | $425,000 | 3 | 3 | 3,748 |
| 11357 Wood Creek Drive, Carmel, IN | $425,000 | 4 | 3 | 1,780 |
| 13062 Grand Vue Drive, Carmel, IN | $425,000 | 3 | 4 | 2,385 |
| 835 Ivy Lane, Carmel, IN | $425,000 | 3 | 4 | 2,300 |
| 5868 E 126th Street, Carmel, IN | $425,000 | 4 | 3 | 2,242 |
Moving Cost Estimate
EXIT Agents in Carmel
Listing Courtesy: F.C. Tucker Company - kareyb@talktotucker.com
Last Updated: 2026-04-27