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5317 E 126th St, Carmel, IN, 46033

6beds
5baths
7,736sqft
$2,599,000
$336price/sqft
$17,238/moest. monthly cost
$689,520/yrincome needed

About This Home

Down a gated, tree-lined driveway, a world unfolds that most of Carmel doesn't even know exists. Two acres of impeccably manicured grounds cradle a home so private, so quietly extraordinary, that arriving here feels like discovering a secret - yet you're minutes from everything. This isn't just a house. It's an experience. Every shmear-finished exterior wall, every curated piece of art and tapestry inside, tells a story - collected treasures that give the home its own energy, its own pulse. A rare, renowned-brand piano with two extra keys anchors a space that feels less like a residence and more like a living gallery. Guests won't just tour this home - they'll feel it. Step outside to your own resort: a gunite pool framed by a pergola, a built-in BBQ, and sprawling deck space made for gathering - whether it's an intimate evening under the stars or a full-scale summer celebration. Mature trees wrap the property in complete seclusion, while a spacious main-level deck lets you soak it all in from above. Sought-after single-level living meets rare flexibility - a full walk-out basement that offers space to grow, entertain, or simply spread out. And despite the sense of total escape, you're walking distance to top-rated Clay Middle School, blocks from everyday conveniences, and just 5 minutes from Carmel's Arts & Design District, Performing Arts Center, and vibrant Downtown and Midtown. This is privacy without compromise. Luxury without pretense. A home that doesn't just shelter your life - it elevates it. Homes like this rarely come to market, and never stay long. Schedule your private showing today - come feel what makes this property truly one of a kind.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

9/10
8/10
Clay Middle SchoolGrades 6-80.2 mi
10/10
Carmel High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Other

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Disposal,Microwave,Double Oven,Refrigerator,Free-Standing Freezer,Warming Drawer,Washer,Gas Water Heater,Humidifier,Water Softener Rented
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Ceiling - 9+ feet,Walk-Out Access

Bedroom2

  • Level: Main
  • Area: 192
  • Dimensions: 16x12

Bedroom3

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Bedroom4

  • Level: Basement
  • Area: 336
  • Dimensions: 21x16

Bedroom5

  • Level: Basement
  • Area: 208
  • Dimensions: 16x13

Bedroom6

  • Level: Basement
  • Area: 506
  • Dimensions: 22x23

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Dining Room

  • Features: Other
  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Exercise Room

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

Family Room

  • Features: Other
  • Level: Main
  • Area: 504
  • Dimensions: 28x18

Features

  • Attic Access,Built-in Features,High Ceilings,Tray Ceiling(s),Kitchen Island,Ceiling Fan(s),Eat-in Kitchen,Wired for Data,Pantry,Storage,Walk-In Closet(s)
  • Number of fireplaces: 2
  • Fireplace features: Double Sided,Gas Log,Great Room,Primary Bedroom
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 3,403

Great Room

  • Level: Main
  • Area: 368
  • Dimensions: 23x16

Heating & Cooling

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

Interior Area

  • Total structure area: 7,736
  • Total interior livable area: 7,736 sqft

Kitchen

  • Features: Other
  • Level: Main
  • Area: 357
  • Dimensions: 21x17

Living Room

  • Level: Main
  • Area: 1008
  • Dimensions: 36x28

Master Bedroom

  • Level: Main
  • Area: 504
  • Dimensions: 28x18

Office

  • Features: Other
  • Level: Main
  • Area: 182
  • Dimensions: 13x14

Play Room

  • Level: Basement
  • Area: 1638
  • Dimensions: 39x42

Property

Details

  • Parcel number: 291033000002001018
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Heated,In Ground,Pool Cover
  • Patio & porch: Deck,Porch
  • Exterior features: Sprinkler System
  • Fencing: Fenced,Full

Lot

  • Lot size: 2.05 Acres
  • Features: Not In Subdivision,Mature Trees

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Inland Flooding
Winter Weather
Cold Wave
Hail
Heat Wave
Lightning
Strong Wind

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 $13,141$157,692
Home Insurance *$1,065$12,780
Property Taxes $2,323$27,876
Electricity $709$8,509
Total$17,238$206,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$591,017/yr
40% on housing$517,140/yr
45% on housing$459,680/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

$336This listing

vs Other Active Listings

Avg $/sqft

ZIP 46033$193
Hamilton County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 46033$170
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
2026-07-27Price change$2,599,000
2026-07-18Listed for sale$2,750,000
2014-02-28Sold$975,000
2013-11-20Listing removed$4,500
2013-10-03Price change$4,500
2013-08-29Listed for rent$5,000
2013-08-29Listing removed$195,000
2013-02-06Listed for sale$195,000
2011-09-08Listing removed$1,000,000
2011-03-16Listed for sale$1,000,000

For Sale by Agent

AgentRobert Lappin
BrokerageCircle 8, LLC

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