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949 W 136th St, Carmel, IN, 46032

5beds
6baths
6,748sqft
$3,900,000
$578price/sqft
$25,613/moest. monthly cost
$1,024,520/yrincome needed

About This Home

Exquisite Updated Private Estate in Prestigious West Carmel. Experience the perfect harmony of luxury, privacy, and sophistication in this gated 2.7-acre estate, ideally located in the heart of West Carmel. Featuring two exceptional residences, this property offers endless possibilities for multi-generational living, entertaining, or creating your own private sanctuary. The 6,500+ sq. ft. main residence showcases a stunning blend of timeless elegance and modern updates. A grand foyer with a sweeping staircase welcomes you into an interior designed for both comfort and style, featuring a formal dining room, spacious home office, and a two-story great room with custom built-ins and a dramatic wall of windows. The gourmet kitchen is a showpiece-complete with dual islands, premium stainless-steel appliances, a butler's pantry, and luxury designer finishes throughout. Adding to the estate's appeal, the 3,000 sq. ft. carriage/guest house provides a fully equipped second home with 3 bedrooms, 2 baths, a finished bonus room, full kitchen, family room, and a private 1-car garage-perfect for guests, extended family, or a home-based business. This residence delivers exceptional seclusion and tranquility, while remaining just minutes from top-rated schools, fine dining, and boutique shopping. Whether envisioned as an elegant family estate, a luxurious retreat, or a rare investment opportunity, this property embodies the finest in Carmel living-exclusive, timeless, and truly one of a kind.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

8/10
8/10
Carmel Middle SchoolGrades 6-81.9 mi
10/10
Carmel High SchoolGrades 9-122.9 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2015

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Other

  • Builder name: Carrington Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Range Hood,Refrigerator,Bar Fridge,Water Softener Owned
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom2

  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Bedroom3

  • Level: Upper
  • Area: 195
  • Dimensions: 15x13

Bedroom4

  • Level: Upper
  • Area: 195
  • Dimensions: 15x13

Bedroom5

  • Level: Basement
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Breakfast Room

  • Level: Main
  • Area: 128
  • Dimensions: 16 x 8

Dining Room

  • Level: Main
  • Area: 196
  • Dimensions: 14 x 14

Features

  • Breakfast Bar,Built-in Features,High Ceilings,Kitchen Island,Entrance Foyer,Hardwood Floors,In-Law Floorplan,Eat-in Kitchen,Wired for Data,Pantry,Smart Thermostat,Walk-In Closet(s)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Basement,Great Room
  • Fireplace: Yes
  • Finished area below ground: 1,890

Great Room

  • Level: Main
  • Area: 380
  • Dimensions: 20 x 19

Heating & Cooling

  • Heating features: Zoned,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,748
  • Total interior livable area: 6,748 sqft

Kitchen

  • Level: Main
  • Area: 272
  • Dimensions: 17x16

Library

  • Level: Main
  • Area: 108
  • Dimensions: 12 x 9

Living Room

  • Level: Main
  • Area: 210
  • Dimensions: 15 x 14

Master Bedroom

  • Level: Upper
  • Area: 192
  • Dimensions: 16 x 12

Play Room

  • Level: Upper
  • Area: 210
  • Dimensions: 15 x 14

Property

Details

  • Parcel number: 290927000008004018
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio,Porch
  • Fencing: Fenced,Front Yard,Gate
  • Has view: Yes

Lot

  • Lot size: 2.72 Acres
  • Features: Not In Subdivision

Parking

  • Total spaces: 4
  • Parking features: Attached,Detached,Concrete,Electric Gate,Garage Door Opener,Gated
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
Hail
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,720$236,640
Home Insurance *$1,544$18,528
Property Taxes $3,731$44,772
Electricity $618$7,423
Total$25,613$307,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$878,160/yr
40% on housing$768,390/yr
45% on housing$683,013/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$578This listing

vs Other Active Listings

Avg $/sqft

ZIP 46032$237
Hamilton County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 46032$213
Hamilton County$171

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-13Price change$3,900,000
2025-10-30Listed for sale$4,100,000
2025-05-01Sold$3,799,000
2025-04-16Pending sale$3,899,000
2025-04-03Listed for sale$3,899,000
2022-10-04Sold$3,010,000
2022-08-10Pending sale$2,799,900
2022-08-07Listed for sale$2,799,900

For Sale by Agent

AgentGregory Mohr
BrokerageBerkshire Hathaway Home

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