Last Sold Price
740 N Rangeline Rd, Carmel, IN 46032

Description

Rare opportunity to be a part of Carmel Arts & Design District, one of Indy's most coveted communities! This 3 unit property is currently 1 bed/1bath in each unit, well maintained, ample parking, detached garage, privacy fencing, steps from Carmel's hottest restaurants and shops! No vacancies with long term tenants! Currently zoned B5.Rare opportunity to be a part of Carmel Arts & Design District, one of Indy's most coveted communities! This 3 unit property is currently 1 bed/1bath in each unit, well maintained, ample parking, detached garage, privacy fencing, steps from Carmel's hottest restaurants and shops! No vacancies with long term tenants! Currently zoned B5.
LISTING CLOSED: 07/12/2021 12:00 AM

  1. Listed by Melissa Vurpillat • F.C. Tucker Company
    P: (317) 374-3491 C: (317) 374-3491 mel@talktotucker.com

Property Details for 740 North Rangeline Road

Status
MLS #
21769290
Days on Market
47
Taxes
$2,131 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Residential Units - 1 to 4
Year Built
1890
Lot Size
0.25 AC / 10,890 SF
Architectural Style
TraditonalAmerican
Subdivision Name
NO SUBDIVISION
Township
Clay
Zoning
B5

Recent comparable sales

Median sold price

$445,000

Avg days on market

68

Sale-to-list ratio

93.2%

Carmel, IN

9 comparable properties found

$390,000 | 11059 Cornell Avenue, Carmel, IN 46280
1/29
1

$390,000

Sold 06/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.46
Acres
$350,000 | 10805 Central Avenue, Carmel, IN 46280
1/19
2

$350,000

Sold 07/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.24
Acres
$405,000 | 10701 Broadway Street, Carmel, IN 46280
1/29
3

$405,000

Sold 02/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres
$1,050,000 | 321 North Rangeline Road, Carmel, IN 46032
1/51
4

$1,050,000

Sold 12/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
$549,900 | 231 North Rangeline Road, Carmel, IN 46032
1/21
5

$549,900

Sold 03/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
$280,000 | 1460 East Greyhound Pass, Carmel, IN 46032
1/8
6

$280,000

Sold 02/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.91
Acres
7

$450,000

Sold 07/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.03
Acres
$450,000 | 451 Emerson Road, Carmel, IN 46032
1/7
8

$450,000

Sold 12/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.42
Acres
$445,000 | 825 West Auman Drive, Carmel, IN 46032
1/2
9

$445,000

Sold 08/07/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.32
Acres

Location

Listing Courtesy of F.C. Tucker Company

Sold By Non-BLC Office

Add your commute

Building Information for 740 North Rangeline Road

Stories-Residences3Year Built1890Building Size-Lot Size0.25 AC / 10,890 SF

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$2,134 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,779

Property Taxes

$355

HOA Dues

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Property Information for 740 North Rangeline Road

Summary
Location and General Information
  • City: Carmel
  • County Or Parish: Hamilton
  • Directions: Main Street to Rangeline, North on Rangeline to property
  • Driveway Type: Ramp>5mi
  • Postal Code: 46032
  • REO Relocation: 0
  • Road Access: AccessRd
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 290925802006000018
  • Semi Annual Property Tax Amt: 2131
  • Tax Exemption: None
  • Tax Year: 2020
Owner
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes, All Utilities
Parking
  • Carport Spaces: 0.0
  • Garage Spaces: 1.0
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Building Area Source: Assessor
  • Building Information: Storage
  • Current Use: Apt<20
  • Lot Number: 0
  • Lot Size: 10,890
  • Lot Size Acres: 0.25
  • MLS: MIBOR
  • New Construction: False
  • Possible Use: Apt<20, Office, Residential
  • SqFt Main Upper: 0
  • Structure Type: Triplex
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1890
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: None
  • DPRYN: 1
  • Inspection Warranties: General
  • Investment: 1
  • Photos Count: 7
  • Property Attached: Yes
  • Property Sub Type: Residential Units - 1 to 4
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • SaleTerms: Conventnl
  • Supplement Count: 2
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Building Utilities: Municipal Sewer Connected,Municipal Water Connected
  • Solid Waste: 0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Exterior Features: Driveway Asphalt, Fence Partial
  • Foundation Details: Block, Partial
Interior Features
  • Basement YN: Yes
  • Levels: Two
  • Laundry: Common
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Multi Family
Multi-Family Information
  • Total Units: 3
  • Garage Parking: Paved Area, 2 Car Space
Income & Expenses
  • Expenses: 0
  • Gross Operating Income: 2330
Unit 1
  • Unit Kitchen: 11x5
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 15x12
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 4
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 544
  • Unit Utilities: ClCntrlAir,FuelGas,HeatForced
Unit 2
  • Unit Kitchen: 11x5
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 15x12
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 4
  • Unit Num of Units: 2
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 544
  • Unit Utilities: ClCntrlAir,FuelGas,HeatForced
Unit 3
  • Unit Kitchen: 11x5
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 12x10
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 4
  • Unit Num of Units: 3
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 544
  • Unit Utilities: ClCntrlAir,FuelGas,HeatForced
Unit 4
  • Unit Kitchen: 0
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 0
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 0.0000
  • Unit Num of Bedrooms: 0
  • Unit Num of Rooms: 1
  • Unit Num of Units: 4
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 400
  • Unit Utilities: ClCntrlAir,FuelGas,HeatForced
Rental
Rental Information
  • Tenant Pays: Insurance

Property History for 740 North Rangeline Road

DateEvent & SourcePriceAppreciation
Jul 12, 2021

Sold

MIBORMLS #21769290

$350,000
Jul 9, 2021

Sold (Public Record)

Public Record #1504799217

$350,000

+13.9% / yr

May 21, 2021

Pending

MIBORMLS #21769290

DateEvent & SourcePrice
07/12/2021

Sold

MIBORMLS #21769290

$350,000
07/09/2021

Sold (Public Record)

Public Record #1504799217

$350,000

+13.9% / yr

05/21/2021

Pending

MIBORMLS #21769290

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

Public Records for 740 North Rangeline Road

Taxable ValueLand$198,300Additions$226,600Total$424,900
Tax Record2024$7,773 ($648 / month)
Home Facts
Baths3Total Finished SqFt1,634 SqFtAbove Grade Finished SqFt1,634 SqFtStories2Lot Size10,890 SqFtStyleTriplexYear Built1890Year Renovated1979CountyHAMILTONAPN29-09-25-802-006.000-018

Schools near 740 North Rangeline 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 740 North Rangeline Road, Carmel, IN 46032
$350,000
10,890
2
1
1,652
11,761
$240,000
2
1
1,150
8,712
$220,000
10,890
3
1
1,896
22,651
$526,000
3
1
1,426
13,068

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 F.C. Tucker Company

Based on information submitted to the MLS GRID as of 07/13/2021 11:38 AM. 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.