731 Oswego Road, Carmel, IN 46032 · $395,000 · Sold

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Here's 731 Oswego Road in Carmel, IN 46032. This listing is closed, but I can still walk you through the details.

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Sold — 731 Oswego Road, Carmel, IN 460321 / 1

Quick read on the numbers:

$395,000

Sold

Beds

Baths

Sq ft

960

Built

1956

Acres

0.4

Key things to know

Sold 5.7% over list in 3 days
Newark Village subdivision

From the listing

Bring your vision to one of the most sought-after streets in Carmel. Situated on an expansive .40-acre lot (80' x 220'), this property offers a rare canvas in a neighborhood defined by rapid redevelopment and luxury investment. Enjoy the ultimate Carmel lifestyle with true walkability to Midtown and City Center, putting premier dining and entertainment just steps from your future front door. One of the largest remaining parcels in the area, it provides the width and depth necessary for a significant custom estate, backyard oasis, or pool-features often compromised in urban settings. Whether you choose to renovate the existing residence or start fresh with new construction, the potential here is unmatched. This is your chance to stake a claim in the center of Carmel's exciting transformation.

A few highlights from the feature list:

Interior

Hardwood Floors

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$164,000

Land Value

$60,900

Land$60,900

37% of total

Improvement Value

$103,100

Improvements$103,100

63% of total

Annual tax · 2024: $298

This home has sold:

Sold

$417,500

+$22,500 over list (5.7%)

Closed: Feb 2, 2026
Listed at: $395,000
Sold: 3 months ago
Sold in: 3 days

Price history

Sold$417,500
Feb 2, 2026
Listedat $395,000
Jan 16, 2026

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 91% above median for similar nearby sales.

$210K$273KMedian $219K

$418K

A few places to dig deeper:

Newark Village Carmel Clay Schools

MLS# 22080392