Sheldon Barnes
For Sale — 1025 Oswego Road, Carmel, IN 460321025 Oswego Rd
Carmel, Indiana 46032
Newark
5
Beds
2
Baths
2,588
Sq Ft
1942
Year Built
0.77
Acres
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ABOUT THIS HOME
Rare opportunity to own two side-by-side lots in the highly desirable Newark subdivision, just one block off Rangeline Road in Carmel. The true value of this property lies in its exceptional land offering-a 0.77-acre double lot in a location where parcels of this size are increasingly scarce. The setting is unmatched, offering a short walk to the Monon Trail, Midtown, City Center, shopping, dining, and grocery stores, creating a highly walkable lifestyle rarely available on lots of this caliber. The existing 5-bedroom, 2-bath home provides immediate functionality and flexibility, featuring multiple living areas including a front living room and rear family room, each with a wood-burning fireplace. Refinished hardwood floors run throughout much of the home, and the kitchen has been updated with granite countertops, stainless steel appliances, tile flooring, and ample cabinetry. Additional improvements include a newer roof and gutters, furnace, water heater, upgraded electrical panel, and updated lighting and fixtures. The expansive outdoor space is enhanced by a large aggregate patio and a concrete semicircular driveway. An exceptional opportunity for homeowners, investors, or future redevelopment-this property delivers land, location, and optionality in one of Carmel's most sought-after areas.
Key things to know
- Double lot (0.77 acres) in high-demand neighborhood
- Walk to Monon Trail, Midtown, and shopping
- 5 bedrooms, updated kitchen with granite and stainless steel
- Refinished hardwood floors, dual fireplaces
- Newer roof, furnace, water heater, electrical panel
Browse by room
19 rooms · 53 photos
Monthly payment
Estimate · $1,200,000
$6,721/mo
≈ $6,387 principal & interest · $335 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $240,000 on a loan of $960,000.
Price history
- Listedat $1,200,000
Feb 5, 2026
Recent comparable sales
$1,850,000
41 N Rangeline Road
4bd · 5ba · 2,817 sqft
Sold Apr 2026
$546,000
10757 Independence Way
4bd · 3ba · 2,917 sqft
Sold Apr 2026
$710,000
1458 Stormy Ridge Court
4bd · 3ba · 2,864 sqft
Sold Apr 2026
$476,000
14138 Adios Pass
4bd · 3ba · 2,159 sqft
Sold Apr 2026
$605,000
14354 Bishop Birch Place
4bd · 4ba · 2,812 sqft
Sold Feb 2025
Comparative value
5 comps in this range
This home is 98% above median for similar nearby sales.
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.
AI-curated highlights
INSIDE THIS HOME
FEATURES & AMENITIES
Interior
Exterior
Climate
AI-detected from photos
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$1,200,000Listed· Feb 5, 2026
28 days on market
Layout
Primary bath
Shower Stall Full,Tub Full with Shower
Schools
Carmel Clay Schools
Neighborhood
- Carmel High School0.3 mi
- Monon Trail (Carmel)0.6 mi
- Carmel Arts & Design District0.9 mi
- Clay Terrace1.8 mi
- Carmel Central Park2.0 mi
- IU Health North Hospital2.8 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,092 sq ft
Year Built
1942
Stories
Two
Lot Size
0.77 acres
Subdivision
Newark
Bedrooms
5
Bathrooms
2 full
Garage
2 spaces
School District
Carmel Clay Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$534,400
Land Value
$87,300
16% of total
Improvement Value
$447,100
84% of total
- Annual tax · 2024
- $4,014