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$4,995,000 ā†“$200,000on 10/15/2024

720 S Rangeline Road #701 Carmel, IN  46032

  • 3 Beds
  • 4 Baths
  • 3,810 sq. Ft

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Property Description for 720 S Rangeline Road #701 Carmel, IN 46032

Experience unparalleled luxury in this Miami-style penthouse in downtown Carmel. Perched as the highest residence in Carmel, it boasts stunning panoramic views extending over 13 miles. Every detail reflects custom construction and premium finishes. The great room is bathed in light with 23-foot ceilings and expansive windows, complemented by a high-end bar area. The Dolby theater features a 9-foot retractable screen, sound-absorbing panels, and automated Lutron shades. The bar includes two Azur refrigerators, an Avolon wine fridge, and multi-color accent lighting. The chef's kitchen showcases commercial-grade stainless steel appliances and a vast island seating over 25 guests. The master suite offers keypad access, a floating California king bed, a skylight, and a private outdoor area with commercial-grade heating and sound. Additional features include a breakfast bar, wine storage, a refrigerator, a steam shower, a three-person infrared sauna with chromotherapy, and a master closet with a secret passage to a large walk-in closet and safe room. Each bedroom is equipped with kitchenettes, beverage centers, microwaves, and TVs with Sonos soundbars. The guest bedroom has a Murphy bed that converts into an exercise room with a Tonal Smart Home Gym. A bunk room accommodates three teenagers or guests. The rooftop balcony spans 2,000 square feet, offering breathtaking views and features commercial-grade heating, custom furniture, a large swim spa and jacuzzi, three firepits, an outdoor kitchen with dual grills, and a dining area. Additional amenities include four deeded garage parking spots with a two-car hydraulic lift for a total of six spots, and a conditioned storage area. On-site amenities feature a community pool, gym, golf simulators, and a meeting room. Located near Carmel's vibrant restaurants, nightlife, shops, green spaces, farmer's market, Monon Trail, and the Palladium theater, with easy access to downtown Indianapolis and the airport.
QuickBuy option for home selling

Address:720 S Rangeline Road Carmel IN 46032
Status:Active
on site: 83 days
Price:$4,995,000
Bedrooms:3 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:3,810
Year Built:2010
County: Hamilton
Township: Clay
MLS #:21994608
Property Type:Condominium

Water Source:Municipal/City
Directions:The Corner of City Center Drive and Rangeline Road, on the 7th floor of the Carmel City Center Building.
Main Level Sq. Ft. :3,810
Total Sq. Ft. :3,810

Loan Price
$29,325
Price And Interest $26,056/month
Property Tax $1,188/month
MTG INS $0/month
HOME INS $2,081/month
Price
$4,995,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,188/month
Home Owner Insurance
$24,972 / year
HOA Dues
$1,000 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/15/24 $5,195,000 $4,995,000 -3.85%
08/17/24 $5,295,000 $5,195,000 -1.89%

RoomSizeLevel
Primary Bedroom 21x13 Main
Bedroom 2 15x16 Main
Bedroom 3 14x15 Main
Laundry 6x13 Main
Kitchen 36x15 Main
Great Room 26x23 Main
Dining Room 20x15 Main
Sun Room 11x8 Main
Office 12x13 Main
Wine Cellar 6x6 Main

Semi-Annual Property Tax:$7,129
Tax Year:2023
Mandatory HOA Fee:$1,000
HOA Fee Paid:Monthly

Area: 2910 - Hamilton - Clay
City:Carmel
Subdivision: Carmel City Center
Zip Code:46032

Middle School:Carmel Middle School
Elementary School:Carmel Elementary School

Total Sq. Ft.:3,810
Interior Features:Bath Sinks Double Main, Center Island, Central Vacuum, Elevator, Hardwood Floors, Eat-in Kitchen, Programmable Thermostat, Sauna, Skylight(s), Supplemental Storage, Surround Sound Wiring, Walk-in Closet(s), Wet Bar
Eating Area(s):Dining Combo/Kitchen, Separate Room
Appliances:Electric Water Heater
Exterior Type:Brick
Cool:Central Electric
Heat:Electric, Forced Air
Water Heater:Electric Water Heater
Total Rooms:9
Tucker Customer Care, REALTORĀ®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Kendra Rasnake with eXp Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/07/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Carmel Market Report

83
Avg. DOM
$243.44
Avg. $ / Sq.Ft.
$ 599,950
Med. List Price

The house prices in Carmel are indeed dropping at the moment. There has been a decrease in price of $65,637.38. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Carmel are going Down. The average house price is $631,000.00 and the average price per square feet is $248.96 per square feet. At the moment, the amount of homes listed is exactly 1413 houses, with 136 with active status, 128 with pending status and 1149 sold in Carmel .

The most popular place to buy a home in Carmel is 2910 - Hamilton - Clay. 2910 - Hamilton - Clay is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Carmel .

The average amount of property taxes you would have to pay for a home in Carmel is $5,491.24. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Carmel are staying listed for an average of 58 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Carmel was 1287 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Carmel is $5,195,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Carmel is $205,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Carmel in year 1940 and the newest built house is in year 2024.

The average size of properties in Carmel is 3609.92 sq.ft. , the biggest one being 27236 sq.ft. and the smaller being 1044 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.