$ 1,750,000
441 W Main ST Carmel, IN 46032
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Listed by Kristie Smith • Indy Homes
$ 1,750,000
Est. payment /mo
Active
441 W Main ST Carmel, IN 46032
1.19 Acres Lot
UPDATED:
10/24/2024 10:39 PM
Key Details
Property Type Vacant Land
Sub Type Residential Lots
Listing Status Active
Purchase Type For Sale
Subdivision Carmel Arts District
MLS Listing ID 21992164
HOA Y/N No
Tax Year 2023
Lot Size 1.195 Acres
Acres 1.195
Property Description
WOW! ONCE-IN-A-GENERATION OPPORTUNITY TO OWN THE LARGEST RESDENTIAL LOT IN DOWNTOWN CARMEL. HAVE YOU WANTED TO LIVE IN THE WALKABLE DOWNTOWN, BUT SIMPLY DON'T WANT A SMALL HOUSE ON A TINY LOT? WELL, EVEN WITH THE 35% LOT COVERAGE RULES IN DOWNTOWN CARMEL, YOU CAN BUILD OVER 12,000 SQ.FT HOUSE ON THIS LOT W/ POOL & BE W/IN ZONING RULES W/OUT REQUESTING A VARIANCE. STEVE GOLDBERG HAS DESIGNED A UNIQUE 11,000 SQ.FT HOME W/ 2 BEDRM BONUS APT FOR THIS LOT & SELLERS ARE WILLING TO SHARE THOSE PLANS. HIS CREATIVITY CREATED A MASTERPIECE W/ AN ELEVATION FITTING IT PERFECTLY W/ CARMEL CHARM, YET OFFERING AN ESTATE FILLED W/ INDOOR/OUTDOOR LUXURY ENTERTAINING SPACE. CURRENT OWNER CHANGE-OF-PLANS CREATES A ONE-OF-A-KIND OPPORTUNITY. IF THIS LOT PRICE IS OVERWHELMING OR IF YOU DON'T WANT A LOT THIS LARGE, THE LOT IS EASILY DIVISIBLE INTO TWO .6 ACRE LOTS. BUILD ON ONE & SELL THE OTHER. AN ADJACENT OWNER IS ALSO OPEN TO SELLING CREATING A DEVELOPMENT OPPORTUNITY FOR 4 RESIDENTIAL PARCELS. EACH LOT IS WORTH WELL OVER $1M INDIVIDUALLY. RECENT SALE W/IN THE BLOCK: 331 W. MAIN @ $850K FOR .23 ACRES W/ INTENTIONS TO DEMO HOME. SERIOUS INQUIRIES ONLY.
Location
State IN
County Hamilton
Zoning R-2
Interior
Fireplace N
Exterior
Waterfront false
View Y/N true
View Trees/Woods
Building
Sewer Municipal Sewer On Site
Water Municipal/City
New Construction false
Schools
Elementary Schools Carmel Elementary School
Middle Schools Carmel Middle School
School District Carmel Clay Schools
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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