For sale

$549,000

Est. $3,865/mo —

•

1,477

sq ft

640 N Rangeline Rd, Carmel, IN 46032

About this home

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.

Single-familyProperty Type

1921Year Built

0.25 acresLot Size

$372Price/Sq.Ft.

2 car garageParking

Listed by Karey Bredemeyer • F.C. Tucker Company

Listing updated: Aug 11, 2026 at 04:45pm

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22096733

Payment calculator

$3,865 per month

Principal and interest$3,071

Property taxes

$612

HOA dues

Home insurance

$183

Utilities

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See this home in person

This home is unavailable to tour on this day.

Next available date: Monday, October 12

Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Carmel Elementary School

Public PreK-5 • Assigned • 0.7mi

8/10

Carmel Middle School

Public 6-8 • Assigned • 1.0mi

8/10

Carmel High School

Public 9-12 • Assigned • 0.5mi

10/10

Provided by GreatSchools

About Carmel Arts & Design

District

Carmel Arts & Design District, located between Range Line Road and Keystone Parkway, is a walkable and arts-forward Carmel neighborhood with brick-lined streets and gallery storefronts. The district’s character concentrates around Main Street and Rangeline Road, where studios, chef-driven dining rooms, and design shops keep sidewalks active. The Center for the Performing Arts anchors the cultural calendar with concerts and touring shows. The Carmel Clay Historical Society Museum & Historic Hamilton County Jail adds local context in a compact, historic setting. Architecture mixes early-20th-century commercial facades with newer mixed-use buildings and pocket plazas. The Monon Greenway threads nearby, linking errands, coffee stops, and evening strolls.

Provided by Walk Score and Local Logic

Offer insights

640 N Rangeline Rd · $549,000

Strong offer

$543K and above

75% chance or better to win

Why $543K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 22 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Cathedral ceilings
Hardwood floors
Smart thermostat
Full basement

Bedrooms
2 bedrooms on the main level

Bathrooms
1 full bathroom with tub and shower

Kitchen
Electric cooktop
Electric oven
Refrigerator

Laundry & utility
Washer and dryer included
Laundry located in basement
Gas water heater

Flooring
Hardwood floors

Heating & cooling
High-efficiency natural gas forced air heating (90%+ AFUE)
Central air conditioning

Sale and tax history for 640 N Rangeline Rd

Sale History
Tax History

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$7,336 (+6.9%)

$198,300 + $188,700

$387,000

2024

$6,864 (+18.3%)

$198,300 + $188,700

$387,000

2023

$5,802 (+16.4%)

$198,300 + $145,300

$343,600

2022

$4,985 (+15.8%)

$142,500 + $145,300

$287,800

2021

$4,306 (−0.2%)

$142,500 + $99,200

$241,700

2020

$4,315 (+120.7%)

$142,500 + $65,300

$207,800

2019

$1,955 (+0.8%)

$142,500 + $65,700

$208,200

2018

$1,940 (+2.4%)

$128,300 + $63,100

$191,400

2017

$1,895 (+2.9%)

$110,100 + $78,600

$188,700

2016

$1,841 (+19.0%)

$110,100 + $78,600

$188,700

2015

$1,547 (+7.9%)

$110,100 + $73,200

$183,300

2013

$1,434

$92,000 + $63,300

$155,300

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

66 ft.

Lot depth

183 ft.

Lot size

0.25 Acres

Year renovated

1967

Finished Sq. Ft.

1,013

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,013

Year built

1921

Style

Single Family Residential

County

Hamilton County

APN

290925802011000018

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 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

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

90/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Carmel. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

5.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 640 N Rangeline Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $470,000 and $735,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $470K to $735K.

SOLD SEP 14, 2026
$650,000 Last sold price
3 beds2 baths2,274 sq ft
121 SE 1st St SE, Carmel, IN 46032
$86/sq ft
smaller lot
13 years older
SOLD FEB 13, 2026
$470,000 Last sold price
3 beds2 baths1,664 sq ft
728 E Main St, Carmel, IN 46032
$90/sq ft
larger lot
49 years newer
SOLD AUG 21, 2026
$475,000 Last sold price
2 beds2.5 baths1,988 sq ft
336 Neuman Way Unit 9E, Carmel, IN 46032
$133/sq ft
smaller lot
92 years newer
SOLD DEC 3, 2025
$615,000 Last sold price
3 beds1.5 baths1,818 sq ft
231 1st Ave NE, Carmel, IN 46032
$34/sq ft
smaller lot
21 years older
SOLD AUG 20, 2026
$549,900 Last sold price
3 beds2.5 baths1,996 sq ft
892 Templeton Dr, Carmel, IN 46032
$96/sq ft
smaller lot
102 years newer
SOLD MAY 7, 2026
$735,000 Last sold price
3 beds3 baths2,617 sq ft
2945 Millgate Dr, Carmel, IN 46033
$91/sq ft
smaller lot
103 years newer

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— beds— baths— sq ft

10826 Gates Creek Dr, Indianapolis, IN 46239

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Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

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