SOLD DEC 29, 2025

Off Market Dec 2025 for $1M

—

•

3 ba

•

2,272

sq ft

321 N Rangeline Rd, Carmel, IN 46032

About this home

Originally built in 1860 as the home of Franklin Booth, the celebrated illustrator for James Whitcomb Riley, this historic Carmel residence has been completely reimagined for modern living while preserving its timeless character. Meticulously renovated in 2020, the property now combines rich architectural history with sophisticated design and top-tier craftsmanship-all within walking distance of Main Street, the Monon Trail, and the Carmel Arts & Design District. This home is being sold fully furnished and completely turnkey, making it ideal for an Airbnb, short-term rental, or executive residence. Every piece-from furnishings and decor to kitchenware, linens, and essentials-has been thoughtfully curated to match the home's style and ensure it is ready for guests from day one. Inside, the main level showcases original hardwood floors, exposed brick, reclaimed wood accents, and handcrafted finishes throughout. The chef's kitchen boasts custom cabinetry, butcher block counters, a honed granite island, and modern appliances-perfect for entertaining. Two bedrooms and two full baths complement a spacious living area and large laundry room, offering both comfort and practicality. A private staircase leads to the upper-level residence, featuring two additional bedrooms, a full bath, a bright kitchen, and an inviting living space. This upper unit provides flexibility for guests, extended family, or supplemental rental income. Whether you envision it as a private residence, a multi-generational home, or a fully operational Airbnb, this one-of-a-kind property offers an extraordinary opportunity to own a piece of Carmel's history while embracing the modern conveniences and energy of its thriving downtown district. COMPLETELY FURNISHED and ready for immediate use-this is truly a turnkey offering.

Multi-familyProperty Type

1860Year Built

0.25 acresLot Size

$462Price/Sq.Ft.

1 car garageParking

Listed by Jeff Kucic • Engel & Volkers

Bought with Jeff Kucic • Engel & Volkers

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22072847

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 46032, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

+0.6% MoM

Median sale price

$657K

$82K MoM

Avg. days on market

11d

5 days MoM

Recently sold homes

238

31 MoM

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Provided by Redfin

Sale history for 321 N Rangeline Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #22072847

Dec 29, 2025

Sold

$1,050,000

$462/sq ft

Dec 19, 2025

Pending

—

Dec 10, 2025

Price Changed

$1,100,000

$484/sq ft

Nov 13, 2025

Listed

$1,190,000

$524/sq ft

MIBOR as Distributed by MLS Grid #22040620

Jul 14, 2025

Sold

$990,000

$436/sq ft

Jun 7, 2025

Pending

—

May 22, 2025

Listed

$975,000

$429/sq ft

+46

Welcome to the most unique property in all of Carmel! Built in 1860 as the home of Franklin Booth, an illustrator for James Whitcomb Riley and referred to as "the Mansion on Main", this 2 unit home was completely re-designed in 2020...and it's absolutely magnificent! Just steps from Main Street, the Monon and all that the Carmel Arts District has to offer, this 2 unit home is zoned for both single family use, multi-unit/income use (generating over $5000/mo) or commercial use. And YES, it CAN be an Airbnb! As you enter the lower unit you are greeted with gorgeous original hardwoods, exposed brick, custom tile work, reclaimed wood, custom doors, imported light fixtures and special touches everywhere you look. With 2 bedrooms, 2 bathrooms, large laundry room, spacious living room and dining or office space this newly renovated floorplan offers a huge kitchen with custom cabinetry, butcher block counters and honed granite island, stainless appliances and custom touches everywhere you turn. The private rear exterior staircase leads to the 2nd floor unit featuring equally unique finishes in every square inch. This unit offers 2 bedrooms, 1 bathroom, generous kitchen and living space and inviting foyer complete with the same gorgeous hardwood, fixtures and features as the first floor unit. This unique property has more features than can be counted - be sure to ask your agent for a list of unique features provided in agent supplements (and located in the home). This is a historic home without the constraints of being a part of the Historical Society yet it's new owners can opt in if they so choose. The location, multi-use, updates, features and beauty of this home truly can not be beat. There is literally nothing like it in all of Carmel!

MIBOR as Distributed by MLS Grid #22043370

Jun 7, 2025

Listing Removed

—

Jun 6, 2025

Listed

$975,000

$429/sq ft

MIBOR as Distributed by MLS Grid #21585845

Feb 14, 2019

Sold

$360,000

$158/sq ft

Jan 9, 2019

Pending

—

Jan 4, 2019

Relisted

—

Dec 11, 2018

Pending

—

Oct 16, 2018

Price Changed

$389,900

$172/sq ft

Sep 14, 2018

Price Changed

$400,000

$176/sq ft

Aug 3, 2018

Listed

$425,000

$187/sq ft

MIBOR as Distributed by MLS Grid #21526077

Jul 27, 2018

Listing Removed

—

Jul 13, 2018

Price Changed

$420,000

$185/sq ft

Jun 19, 2018

Price Changed

$435,000

$191/sq ft

May 16, 2018

Price Changed

$449,000

$198/sq ft

Apr 21, 2018

Price Changed

$460,000

$202/sq ft

Apr 21, 2018

Relisted

—

Apr 6, 2018

Listing Removed

—

Feb 16, 2018

Price Changed

$474,000

$209/sq ft

Feb 1, 2018

Price Changed

$489,000

$215/sq ft

Jan 7, 2018

Price Changed

$499,000

$220/sq ft

Jan 7, 2018

Relisted

—

Dec 1, 2017

Listing Removed

—

Nov 23, 2017

Listed

$525,000

$231/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,038 (−36.4%)

$198,300 + $456,100

$654,400

2024

$11,061 (+10.2%)

$198,300 + $456,100

$654,400

2023

$10,038 (+31.5%)

$198,300 + $355,400

$553,700

2022

$7,634 (+17.3%)

$142,500 + $355,400

$497,900

2021

$6,507

$142,500 + $230,600

$373,100

2020

$6,512 (+164.0%)

$142,500 + $174,500

$317,000

2019

$2,467 (−48.1%)

$142,500 + $174,700

$317,200

2018

$4,753 (+2.4%)

$142,500 + $91,800

$234,300

2017

$4,643 (+3.8%)

$110,100 + $121,800

$231,900

2016

$4,474 (+13.3%)

$110,100 + $121,800

$231,900

2015

$3,948 (+130.3%)

$110,100 + $111,300

$221,400

2013

$1,714

$92,000 + $94,200

$186,200

Tax history for 321 N Rangeline Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,038 (−36.4%)

$198,300 + $456,100

$654,400

2024

$11,061 (+10.2%)

$198,300 + $456,100

$654,400

2023

$10,038 (+31.5%)

$198,300 + $355,400

$553,700

2022

$7,634 (+17.3%)

$142,500 + $355,400

$497,900

2021

$6,507

$142,500 + $230,600

$373,100

2020

$6,512 (+164.0%)

$142,500 + $174,500

$317,000

2019

$2,467 (−48.1%)

$142,500 + $174,700

$317,200

2018

$4,753 (+2.4%)

$142,500 + $91,800

$234,300

2017

$4,643 (+3.8%)

$110,100 + $121,800

$231,900

2016

$4,474 (+13.3%)

$110,100 + $121,800

$231,900

2015

$3,948 (+130.3%)

$110,100 + $111,300

$221,400

2013

$1,714

$92,000 + $94,200

$186,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

66 ft.

Lot depth

165 ft.

Lot size

0.25 Acres

Year renovated

1994

Sq. Ft.

2,272

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Hamilton County

APN

291030901026000018

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

B-5

OT-OL

Business District

The purpose of this district is to provide a location for office buildings and general offices protected from encroachment from heavier commercial uses. Inasmuch as this district is frequently found in close proximity to residential areas and/or intermixed with residential areas, it is the intention of this district to allow for a compatible mixture of the two uses with reasonable regulations.

Zone overlays

Old Town Overlay District

Permitted uses

Include but are not limited to:

Agriculture
Bank
General retail
Housing-Group
Housing-Single unit
Housing-Multiple units
Office
Medical office
Research & development
Post office

Property details

Parking

Parking Information
Unit Parking: 2 Car Space
Garage Spaces: 1

Interior

Laundry Room Information
Laundry Features: Laundry Closet, Main Level, Upper Level

Basement Information
Has Basement
Basement Features: Cellar

Heating & Cooling
Heating Information: Forced Air, Natural Gas
Cooling Information: Central Air

Multi-Family Financial Information
Gross Income: 5500
Expenses: 450

Multi-Unit Information
# of Units: 2

Unit Type 1 Information
Kitchen: 13X16
Levels: 1
Rent: 3000
Rent Frequency: Monthly
Utilities: Fuel Gas, Heat Forced, Hot Wtr Gas
Unit Type: 2 Bedroom

Unit Type 2 Information
Kitchen: 12X12
Levels: 1
Rent: 2500
Rent Frequency: Monthly
Unit Type: 2 Bedroom

Exterior

Exterior Features
Exterior Features: Smart Lock(s)
Roof: Shingle

Property Features
Conversion: No

Property Information
Other Equipment: Sump Pump
Property Type: Residential Income
Property Condition: Updated/Remodeled
Property Sub Type: Duplex

Land Information
Current Use: Residential
Possible Use: Residential
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.25
Road Surface Type: Asphalt
Road Frontage Type: City Street
Lot Features: Sidewalks, Street Lights, Mature Trees
Road Access: Access Rd

Utilities

Utility Information
Solid Waste Information: No
Building Utilities: Separate Gas Meter,Sewer,Water

Location

School Information
Elementary School: Carmel Elementary School
Middle Or Junior High School: Carmel Middle School
High School: Carmel High School
High School District: Carmel Clay Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: Acreage .00, Section 30, Township 18, Range 4, D Wilkinson, Lot 10

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 2
Baths: 3.0
Sq. Ft.: 2,272
Stories: 1.0
Lot Size: 0.25 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: 1994
County: Hamilton County
APN: 291030901026000018

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Foundation Details: Block
Construction Materials: Wood Siding
Structure Type: Duplex
Levels: Two

Around this home

Schools
Places
Transit

Carmel Elementary School

Public PreK-5 • Assigned • 0.5mi

8/10

Carmel Middle School

Public 6-8 • Assigned • 0.9mi

8/10

Carmel High School

Public 9-12 • Assigned • 0.4mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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, 18 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Carmel, IN • 46032

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

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Home values near 321 N Rangeline Rd

Data from public records.

Address	Redfin Estimate
340 North Rangeline Rd, Carmel, IN 4 Beds \| 1 Baths \| 3372 Sq. Ft.	$562,832
231 North Rangeline Rd, Carmel, IN 2 Beds \| 2 Baths \| 2624 Sq. Ft.	$604,716

Address	Redfin Estimate
221 North Rangeline Rd, Carmel, IN 3 Beds \| 1 Baths \| 3210 Sq. Ft.	$542,085
347 North Rangeline Rd, Carmel, IN 2 Beds \| 1 Baths \| 2484 Sq. Ft.	$575,034

Address	Redfin Estimate
245 North Rangeline Rd, Carmel, IN 3 Beds \| 1 Baths \| 1074 Sq. Ft.	$387,345
341 North Rangeline Rd, Carmel, IN 2 Beds \| 1 Baths \| 2572 Sq. Ft.	$484,760

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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