3 beds1,900 sqft$579/sqft
728 Pawnee Rd, Ste 200, Carmel, IN 46032
Est: $6,233/moGet pre-approved

Description

A remarkable opportunity to own a three-bedroom residence in one of downtown Carmel's most sought-after boutique developments, The Magnolia. Never occupied and beautifully staged to showcase its sophisticated design, this nearly 1,900-square-foot home offers refined, low-maintenance living just steps from everything downtown Carmel has to offer. Thoughtfully designed with incredible attention to detail, the open-concept interior features stunning finishes, quartz countertops, high-end appliances...A remarkable opportunity to own a three-bedroom residence in one of downtown Carmel's most sought-after boutique developments, The Magnolia. Never occupied and beautifully staged to showcase its sophisticated design, this nearly 1,900-square-foot home offers refined, low-maintenance living just steps from everything downtown Carmel has to offer. Thoughtfully designed with incredible attention to detail, the open-concept interior features stunning finishes, quartz countertops, high-end appliances and sleek, seamless modern cabinetry. A separate wet bar with beverage refrigerator and ice maker creates the perfect space for entertaining. Expansive sliding doors open the main living area to a screened outdoor living space, seamlessly blending indoors and out, and extending the home's entertaining space. Electronic blinds throughout add both convenience and a polished finishing touch. Magnolia is an intimate, five-residence building, offering the privacy and exclusivity rarely found in downtown living. This residence includes a private two-car garage, secure building entrance, additional private storage space, and a peaceful outdoor setting. With three bedrooms, exceptional finishes and an unbeatable location in the heart of Carmel, this is a truly unique opportunity to enjoy luxury, privacy and walkable downtown living-all in a residence that has never been lived in.
LISTING UPDATED: 08/18/2026 02:33 PM

  1. Listed by Erin Wilson • eXp Realty, LLC
    P: (888) 611-3912 C: (317) 270-2125 erin.wilson@exprealty.com

Property Details for 728 Pawnee Road

Status
MLS #
22120058
Days on Market
1
Pet Policy
-
Taxes
$46 semi-annually
HOA Fees
$634 / month
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Condominium
Year Built
2026
Architectural Style
Contemporary
Subdivision Name
Magnolia
Township
Clay

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 728 Pawnee Road

Building/Complex728 Pawnee RdFloor2Stories-Residences-Pet Policy-Pet Policy Details-Year Built2026

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$6,233 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,591

Property Taxes

$8

HOA Dues

$634

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 728 Pawnee Road

Summary
Location and General Information
  • City: Carmel
  • Condo Description Location: Building Private Entry,Upper Level
  • County Or Parish: Hamilton
  • Directions: GPS Friendly
  • Postal Code: 46032
  • State Or Province: IN
  • Unit Number: Suite 200
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Monthly
  • Association Fee: $634
  • Parcel Number: 291031113001102018
  • Semi Annual Property Tax Amt: 46
  • Tax Year: 2024
  • TaxLot: 6A
School Information
  • Elementary School: Carmel Elementary School
  • High School: Carmel High School
  • Middle Or Junior School: Carmel Middle School
  • School District: Carmel Clay Schools
Parking
  • Garage YN: Yes
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry
  • Garage Spaces: 2.0
  • Garage SqFt: 525
Property
Lot Information
  • Acreage: <1/4 Acre
  • Condo Type: Horizontal
  • Lifestyles: Flat,Mid Rise/High Rise
  • Lot Size Acres: 0.0
  • Main Level SqFt: 1900
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1900.0
  • Sq Ft Total: 1900.0
  • Year Built Numeric: 2026
  • Living Area Source: Broker
Property and Assessments
  • Affected by Disclosures: No
  • Common Walls: 1 Common Wall
  • DPRYN: No
  • FHA Certified: No
  • HOA Disclosures: Covenants & Restrictions
  • Legal Subdivision: Acreage .00 Section 31, Township 18, Range 4 MAGNOLIA CONDOMINIUMS Square Feet (condo) 2,506.00 Unit 2N % of Common Area Additional Legal Description: Lot 6A
  • Ownership Type: Mandatory Fee
  • Photos Count: 44
  • Property Attached: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Transaction Type: Sale
  • Property Condition: New Construction
Utilities
  • Solid Waste: Yes
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Stone
  • Foundation Details: Slab
  • Pool Private: No
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Gas Cooktop, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Disposal, Microwave, Oven, Double Oven, Convection Oven, Range Hood, Refrigerator, Bar Fridge, Ice Maker, Tankless Water Heater, Washer, Water Softener Owned, Wine Cooler
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Great Room, Dining Combo/Kitchen
  • Fireplace Features: Gas Log, Great Room, Outside
  • Fireplaces Total: 2
  • Floor Number: 2
  • Heating: Electric, Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
  • Interior Features: Bath Sinks Double Main, High Ceilings, Kitchen Island, Entrance Foyer, Hi-Speed Internet Availbl, Eat-in Kitchen, Wired for Data, Pantry, Smart Thermostat, Supplemental Storage, Wired for Sound, Walk-In Closet(s), WoodWorkStain/Painted
  • Levels: One
  • Room List: Primary Bedroom, Bedroom 2, Kitchen, Great Room, Dining Room, Laundry
  • Room and Features: Primary Bedroom-Main, Bedroom 2-Main, Kitchen-Main, Great Room-Main, Dining Room-Main, Laundry-Main
  • Spa: No
  • Main Level Bedrooms: 3
  • Laundry Features: In Unit, Connections All, Sink
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 7
  • Rooms Total MU: 7
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 14x15
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 13x12
  • Room Type: Bedroom 2
Room 3
  • Room Level: Main
  • Room Dimensions: 19x9
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 19x19
  • Room Type: Great Room
Room 5
  • Room Level: Main
  • Room Dimensions: 10x19
  • Room Type: Dining Room
Room 6
  • Room Level: Main
  • Room Dimensions: 8x8
  • Room Type: Laundry
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 3
  • Full Baths MU: 3
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3
Mobile/Manufactured Home
Mobile/Manufactured Home
  • Builder Name: Old Town Design Grp

Property History for 728 Pawnee Road

DateEvent & SourcePriceAppreciation
Aug 17, 2026

Listed (Active)

MIBORMLS #22120058

$1,100,000
DateEvent & SourcePrice
08/17/2026

Listed (Active)

MIBORMLS #22120058

$1,100,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 728 Pawnee Road

This home is within Carmel Clay Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Carmel Elementary School
PublicPK to 5

Carmel Middle School
Public6 to 8

Carmel High School
Public9 to 12

Clay Center Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 46032

$700,000 | 21 Cardinal Lane, Carmel, IN 46032
1/22
New

$700,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.76
Acres
$5,999,900 | 3555 Sedgemoor Circle, Carmel, IN 46032
1/71

$5,999,900

5
Bedrooms
9,775
Square Feet
2.88
Acres
$5,995,000 | 1121 Laurelwood, Carmel, IN 46032
1/101

$5,995,000

5
Bedrooms
12,672
Square Feet
1.66
Acres
$249,900 | 12515 Timber Creek Drive, Unit 2, Carmel, IN 46032
1/24

$249,900

2
Bedrooms
1,070
Square Feet
$725,000 | 13832 Riverwood Way, Carmel, IN 46032
1/40
Listed By Compass

$725,000

4
Bedrooms
3,972
Square Feet
0.33
Acres
$420,000 | 897 Rosalind Place, Carmel, IN 46032
1/52
Virtual Tour

$420,000

3
Bedrooms
2,280
Square Feet
0.04
Acres
$249,900 | 11725 Lenox Lane, Unit 103, Carmel, IN 46032
1/27

$249,900

2
Bedrooms
1,072
Square Feet
$695,000 | 15 West Executive Drive, Unit 206, Carmel, IN 46032
1/75

$695,000

2
Bedrooms
1,654
Square Feet
$435,000 | 1037 Orlando Street, Carmel, IN 46032
1/59

$435,000

3
Bedrooms
2,400
Square Feet
0.05
Acres

728 Pawnee Road is a condo for sale in Carmel, IN 46032. This property was listed for sale on August 17, 2026 by eXp Realty, LLC, it's currently listed at $1,100,000. This listing's school district is Carmel Clay Schools. Nearby schools include Carmel Elementary School, Carmel Middle School and Carmel High School. 728 Pawnee Road is a 3-bed, 3-bath, 1,900 sqft condo built in 2026.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information submitted to the MLS GRID as of 08/18/2026 02:33 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.