640 N Rangeline Road, Carmel, IN 46032
Here's 640 N Rangeline Road in Carmel, IN 46032, listed at $599,000.
Quick read on the numbers:
$599,000
2
1
1,013
1921
0.25
Key things to know
- Carmel arts district location
- Original hardwood floors and cathedral ceilings
- Detached 2-car garage with workshop/storage space
- Unfinished basement for future expansion
- Quarter-acre lot with mature potential
About this home
1920s character home in walkable Carmel Arts District with original hardwood floors, cathedral ceilings, and detached garage. Needs updates but offers rare opportunity to customize in desirable neighborhood.
A few highlights from the feature list:
Interior
I'll break the details down — open any section that matters.
TAX ASSESSMENT
County assessed values for current year
Total Assessed Value
$432,800
Land Value
$198,300
46% of total
Improvement Value
$234,500
54% of total
- Annual tax · 2025
- $7,338
Rough monthly:
Monthly payment
Estimate · $599,000
$3,800/mo
≈ $3,188 principal & interest · $612 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $119,800 on a loan of $479,200.
Price history
- Listedat $599,000
Apr 27, 2026
A few similar homes that recently sold nearby:
Recent comparable sales
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$550,000
925 Veterans Way
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$220,000
12833 Tradd Street
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$217,000
12519 Timber Creek Drive
2bd · 2ba · 1,070 sqft
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Comparative value
5 comps in this range
This home is 172% above median for similar nearby sales.
A few places to dig deeper:
MLS# 22096733
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.