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Here's 720 S Rangeline Road in Carmel, IN 46032, listed at $3,250,000.

123 photos from the listing — tap any to expand.

Aerial view at 720 S Rangeline Road, Carmel, IN

For Sale — 720 S Rangeline Road, Carmel, IN 460321 / 123

Jump to · AI-tagged from photos

Quick read on the numbers:

$3,250,000$3,600,000

For Sale149 days on market

Beds

Baths

Sq ft

3,765

Built

2010

Key things to know

Penthouse with sweeping citywide views
23-foot vaulted ceilings with walls of glass
Dolby atmos theater with retractable screen
Spa ensuite with steam shower and infrared sauna
2,000-sq-ft rooftop terrace with swim spa and outdoor kitchen

AI-curated highlights

Inside this home

Kitchen at 720 S Rangeline Road, Carmel, IN

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxury modern kitchen with expansive island and entertainment space."

large island with seating for 10+dark wood cabinetrygranite countertopswall-mounted flat-screen TV

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxurious primary bath with dual vanity and spa shower."

dual vanitygranite countertoplarge walk-in showerframeless glass enclosure

Primary bedroom at 720 S Rangeline Road, Carmel, IN

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxurious walk-in closet with custom organization and marble island."

walk-in closetcustom built-in shelvingmarble countertop islandrecessed lighting

Living room at 720 S Rangeline Road, Carmel, IN

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxurious contemporary loft with soaring ceilings and panoramic views."

floor-to-ceiling windowshigh ceilingspolished concrete floorsmodern bar seating

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxury open-concept living with wet bar and scenic views."

floor-to-ceiling windowswet bar with beverage cooleraccent orange leather reclinersgray sectional sofa

Pool at 720 S Rangeline Road, Carmel, IN

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxurious rooftop infinity pool with stunning city panoramas."

rooftop infinity poolglass guardrailspanoramic city viewsmodern steel structure

Browse by room

16 rooms · 123 photos

About this home

Penthouse in downtown Carmel with unobstructed 360-degree city views, 23-foot ceilings, Dolby theater, spa ensuite with sauna, and 2,000-sq-ft rooftop with swim spa.

A few highlights from the feature list:

Interior

Bath Sinks Double MainCeiling VaultedKitchen IslandCentral VacuumElevatorHardwood FloorsEat-in KitchenSmart ThermostatSaunaSupplemental StorageWired for SoundWalk-In Closet(s)Wet Bar

Exterior

BalconyGas GrillOutdoor Kitchen

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$1,121,300

Land Value

$225,000

Land$225,000

20% of total

Improvement Value

$896,300

Improvements$896,300

80% of total

Annual tax · 2024: $14,156

Rough monthly:

Monthly payment

Estimate · $3,250,000

$19,478/mo

≈ $17,298 principal & interest · $1,180 tax · $1,000 HOA

Down payment (%)Interest rate (%)Term (yrs)

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $650,000 on a loan of $2,600,000.

Price history

Price reduced$3,600,000 → $3,250,000
Apr 17, 2026
Listedat $3,600,000
Dec 1, 2025

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 480% above median for similar nearby sales.

$490K$815KMedian $560K

$3.3M

A few places to dig deeper:

AI photo tour Carmel City Center Carmel Clay Schools

MLS# 22072662

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.

Inside this home

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxury modern kitchen with expansive island and entertainment space."

large island with seating for 10+dark wood cabinetrygranite countertopswall-mounted flat-screen TV

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxurious primary bath with dual vanity and spa shower."

dual vanitygranite countertoplarge walk-in showerframeless glass enclosure

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxurious walk-in closet with custom organization and marble island."

walk-in closetcustom built-in shelvingmarble countertop islandrecessed lighting

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxurious contemporary loft with soaring ceilings and panoramic views."

floor-to-ceiling windowshigh ceilingspolished concrete floorsmodern bar seating

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxury open-concept living with wet bar and scenic views."

floor-to-ceiling windowswet bar with beverage cooleraccent orange leather reclinersgray sectional sofa

For Sale — 720 S Rangeline Road, Carmel, IN 46032

"Luxurious rooftop infinity pool with stunning city panoramas."

rooftop infinity poolglass guardrailspanoramic city viewsmodern steel structure