640 N Rangeline Rd, Carmel, IN, 46032
About This Home
Location, location, location! If you have been looking for a way to get into the Carmel Arts District, this is it. Located at 640 N Rangeline Rd, this 1920s property is a rare chance to put your own stamp on a home in one of the city's most walkable and vibrant areas. The house is a 2-bedroom, 1-bathroom layout with an unfinished basement. While it does need some TLC and seller is not making any repairs, it has some great original character, including a hearth room with a decorative only fireplace. One of the best perks on the property is the detached two-car garage which comes with extra storage space that is perfect for a workshop, bikes, or lawn gear-which you will definitely use since the lot is over a quarter of an acre (0.28 acres). What an awesome opportunity to customize property right near the Arts District and within the Carmel Clay School system.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1921
Materials
- Foundation: Concrete Perimeter
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Dryer,Gas Water Heater,Electric Oven,Refrigerator,Washer
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full
Bedroom2
- Level: Main
- Area: 130
- Dimensions: 10x13
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Dining Room
- Features: Tile-Ceramic
- Level: Main
- Area: 156
- Dimensions: 13x12
Features
- Cathedral Ceiling(s),Hardwood Floors,High Speed Internet,Smart Thermostat
- Flooring: Hardwood
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas,High Efficiency (90%+ AFUE )
- Cooling features: Central Air
Interior Area
- Total structure area: 1,477
- Total interior livable area: 1,477 sqft
Kitchen
- Level: Main
- Area: 110
- Dimensions: 11x10
Living Room
- Level: Main
- Area: 195
- Dimensions: 15x13
Master Bedroom
- Level: Main
- Area: 110
- Dimensions: 11x10
Property
Details
- Parcel number: 290925802011000018
- Special condition: As Is,Cosmetics Needed,Fixer Upper
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Lot size: 0.25 Acres
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Tornado
- Cold Wave
- Hail
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance * | $237 | $2,844 |
| Property Taxes | $921 | $11,052 |
| Electricity | $184 | $2,212 |
| Total | $4,370 | $52,440 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Listed for sale | $599,000 |
For Sale by Agent
View on Zillow