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$695,00012701 Shelborne Road
For Sale5 days on market

12701 Shelborne Rd

Carmel, Indiana 46032

Clay

$695,000

Schedule a Showing

3

Beds

2

Baths

2,096

Sq Ft

1968

Year Built

2.29

Acres

Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you tour 12701 Shelborne Rd

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Carmel, Indiana and the rest of Hamilton County. Book a private tour of 12701 Shelborne Rd in Clay, ask any question about this home, or talk through what you should know about buying in Carmel.

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ABOUT THIS HOME

Dreaming of building your custom home on wooded acreage in Carmel? This could be the opportunity you've been waiting for. Situated on 2.29 beautiful wooded acres, this property includes two parcels and offers incredible potential for redevelopment or a private estate homesite. The existing 3 bed, 2 bath traditional home is being sold AS-IS and is considered a likely tear-down, making this an ideal option for builders, investors, or buyers ready to create something truly special. With no HOA, mature trees, and a prime Carmel location, this is a rare chance to create something special in one of Central Indiana's most sought-after areas.

Listed by Marty Zimmerman· Encore Sotheby's International· MLS# 22101421

Key things to know

  • Fireplace
  • 2.29-acre lot
  • Clay subdivision

Monthly payment

Estimate · $695,000

$4,026/mo

$3,699 principal & interest · $327 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $139,000 on a loan of $556,000.

Price history

  1. Listedat $695,000

    May 15, 2026

Comparative value

5 comps in this range

This home is 66% above median for similar nearby sales.

$390K$675KMedian $420K
$695K

Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.

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.

FEATURES & AMENITIES

Interior

Hardwood Floors

Exterior

Not Applicable

Climate

Heat: Forced AirCool: None

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $695,000Listed· May 15, 2026

5 days on market

Layout

Main
326 rooms2,096 sq ft

Primary suite

See Remarks

Primary bath

Tub Full

Schools

Carmel Clay Schools

    Neighborhood

    • Zionsville Community HS1.7 mi
    • Carmel Central Park3.2 mi
    • Clay Terrace4.7 mi
    • Carmel High School5.4 mi
    • Carmel Arts & Design District5.5 mi
    • Monon Trail (Carmel)5.5 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    2,096 sq ft

    Year Built

    1968

    Stories

    One

    Lot Size

    1.9 acres

    Subdivision

    Clay

    Bedrooms

    3

    Bathrooms

    2 full

    Garage

    2 spaces

    School District

    Carmel Clay Schools

    TAX ASSESSMENT

    Hamilton County assessed values for current year

    Total Assessed Value

    $344,800

    Land Value

    $156,000

    Land$156,000

    45% of total

    Improvement Value

    $188,800

    Improvements$188,800

    55% of total

    Annual tax · 2025
    $3,926

    PARCEL & LEGAL

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