Dreaming of building your custom home on wooded acreage in Carmel? This could be the opportunity you've been waiting for. Situated on 2.29 beautiful wooded acres, this property includes two parcels and offers incredible potential for redevelopment or a private estate homesite. The existing 3 bed, 2 bath traditional home is being sold AS-IS and is considered a likely tear-down, making this an ideal option for builders, investors, or buyers ready to create something truly special. With no HOA, mature trees, and a prime Carmel location, this is a rare chance to create something special in one of Central Indiana's most sought-after areas.
Single-familyProperty Type
1968Year Built
2.29 acresLot Size
$320Price/Sq.Ft.
2 car garageParking
Listed by Paul Zimmerman• Encore Sotheby's International
Est. $2,665 per month, based on comparable rentals
Sale and tax history for 12701 Shelborne Rd
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22101421
Jun 23, 2026
Sold
$670,000
$320/sq ft
Jun 2, 2026
Pending
—
May 15, 2026
Listed
$695,000
$332/sq ft
MIBOR as Distributed by MLS Grid #22085637
Apr 28, 2026
Sold
$535,000
$255/sq ft
Feb 26, 2026
Pending
—
Feb 24, 2026
Listed
$550,000
$262/sq ft
This home is a probable tear down structure. Thus it is being sold AS-IS There are two parcels to this property. Room Dimensions are inaccurate
Year
Property tax
Land + Additions
Assessment*
2025
$3,596 (−5.1%)
$156,000 + $190,700
$346,700
2024
$3,788 (+16.1%)
$156,000 + $190,700
$346,700
2023
$3,264 (+4.7%)
$156,000 + $172,600
$328,600
2022
$3,116 (+0.3%)
$122,400 + $172,600
$295,000
2021
$3,107 (+1.6%)
$122,400 + $137,600
$260,000
2020
$3,060 (+4.3%)
$122,400 + $129,600
$252,000
2019
$2,934 (−3.9%)
$120,200 + $130,200
$250,400
2018
$3,053 (+4.1%)
$113,600 + $130,200
$243,800
2017
$2,933 (−1.6%)
$113,600 + $131,800
$245,400
2016
$2,981 (+9.5%)
$113,600 + $131,800
$245,400
2015
$2,722 (+5.1%)
$113,600 + $132,900
$246,500
2013
$2,591
$93,300 + $130,100
$223,400
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.9 Acres
Year renovated
1968
Sq. Ft.
2,096
Year built
1968
Style
Single Family Residential
County
Hamilton County
APN
290929000016000018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
S-1
Residence District
The purpose of the S1 District is to provide for the development of innovative residential environments in keeping with the rural character of this district, by providing for a development process that allows a high degree of flexibility in the design of single-family subdivisions. Further, it is the purpose of this district to provide for a development process that allows for more efficient use of the land through the introduction of open space and conservation lands within subdivisions. It is the intention of this district to protect remaining significant natural features within this district by placing an emphasis on less intensive urban land uses.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Infrastructure
Park & open space
Property details
Parking
Parking Information
Garage SqFt: 576
Parking Features: Attached
Garage Spaces: 2
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 2096
Living Area: 2096
Main Level Sq. Ft.: 2096
Upper Level Sq. Ft.: 0
Bedroom Information
Primary Bedroom Description: See Remarks
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Tub Full
Room 1 Information
Room Type: Living Room
Room Dimensions: 20x15
Room Level: Main
Room 2 Information
Room Type: Dining Room
Room Dimensions: 13x13
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Dimensions: 12x12
Room Level: Main
Room 4 Information
Room Dimensions: 15x12
Room Level: Main
Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 12x10
Room Level: Main
Room 6 Information
Room Type: Bedroom 3
Room Dimensions: 12x11
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6
Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Wood Burning
Heating & Cooling
Heating Information: Forced Air
Cooling Information: None
Interior Features
Interior Features: Hardwood Floors
Appliances: None
Exterior
Exterior Features
Exterior Features: Not Applicable
Fence YN: No
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Has Additional Parcels
Property Sub Type: Single Family Residence
Land Information
Acres: 1-3 Acres
Lot Information
Lot Size Acres: 2.29
Lot Features: Wooded
Utilities
Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Private
Electric: 100 Amp Service
Utilities: Electricity Connected
Solid Waste Information: No
Fuel Information: Propane Owned
Location
School Information
Elementary School: West Clay Elementary School
Middle Or Junior High School: Creekside Middle School
High School: Carmel High School
High School District: Carmel Clay Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Acreage 1.90, Section 29, Township 18, Range 3 + Acreage .39, Section 29, Township 18, Range 3
Community Information
Low Maintenance Lifestyle YN: No
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,096
Stories: 1.0
Lot Size: 1.9 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1968
County: Hamilton County
APN: 290929000016000018
Home facts updated by county records on Sep 16, 2026
Other
Home Information
Foundation Details: Block
Construction Materials: Brick
Levels: One
Around this home
Schools
West Clay Elementary
Public PreK-5 • Assigned • 0.5mi
10/10
Creekside Middle School
Public 6-8 • Assigned • 0.3mi
9/10
Carmel High School
Public 9-12 • Assigned • 5.4mi
10/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 16 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Carmel, IN • 46032
Average low and high temperatures (°F)
31
16
41
25
59
38
67
47
71
52
82
64
86
70
81
63
81
57
70
47
53
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 4% for direct sun exposure in Carmel. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$609,000 – $737,000
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