840 Oswego Rd

Carmel IN 46032

1094 sq. ft.

10019 sq. ft.

Single-Family

Last sold for $365,000

Chad Everts, last sold this property on 21 August 2026 after 42 days on market.

Overview

Rare opportunities like this don't come along often! Perfectly positioned in the heart of the highly sought-after Carmel Arts & Design District, this property offers exceptional flexibility for homeowners, investors, and builders alike. Whether you're searching for a move-in-ready home, a rental investment, or the ideal location for a custom luxury residence, this property delivers outstanding potential. The existing home has been thoughtfully updated, making it ready to enjoy from day one. Recent improvements include updated water lines, water heater, appliances, and other key upgrades that provide peace of mind while preserving future possibilities. Live comfortably now while planning for tomorrow, or generate rental income as you explore long-term options. The true value extends beyond the home itself. Situated on one of the few remaining residential lots in this highly desirable area, the property presents an exceptional opportunity to design and build a custom home surrounded by established luxury residences and ongoing redevelopment. As demand for new construction continues in this vibrant neighborhood, opportunities to secure a homesite of this caliber have become increasingly rare. Enjoy easy access to the Carmel Arts & Design District's renowned collection of local restaurants, boutiques, galleries, entertainment venues, community events, parks, and trails. The combination of walkability, convenience, and a thriving atmosphere makes this one of Central Indiana's most desirable locations. Whether your vision is creating a stunning custom residence, expanding your investment portfolio, or owning property in one of Carmel's premier neighborhoods, this versatile offering provides the location, updates, and future potential to make it an exceptional investment. Don't miss your chance to secure one of the area's last available homesites.

Features

3 bedrooms

1 bathroom

2 carspaces

2 garage spaces

1094 sq. ft. floor area

10019 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Carmel over the last 12 months, the estimated median property value of 840 Oswego Rd is $465k.

Median value

$465k

Estimated value range

$292k - $2.75m

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Carmel. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.