5 months on rocket

720 S Rangeline Rd Unit 701, Carmel, IN, 46032

$5,875,000

3 Bedrooms
3 Full Baths, 1 Partial
3,810 SqFt
$1,542/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
Year BuiltNew Const., 2010
HeatingForced Air, Electric
CoolingCentral Air
MLS #21953821
StatusActive

About 720 S Rangeline Rd Unit 701

One of a kind Miami-style penthouse in downtown Carmel! Spectacular panoramic views with 13+ mile visibility from the highest residence in Carmel! Thoughtful design with no expense spared! Unique custom construction and finishes throughout! Light filled great room with 23' ceilings, walls of windows, over the top bar, dolby theater with 9'+ retractable projection screen, sound absorbing panels, and automated Lutron shades! Bar boasts 2 Azur frigs, Avolon wine frig, entertainment lighting, under counter accent multi-color lighting! Chef's kitchen with commercial grade stainless steel appliances and expansive island that can seat 25+ guests! Master suite with keypad access, floating California king bed, skylight, private outdoor space with commercial outdoor heating and sound, breakfast bar, wine storage, frig, steam shower, 3 person infrared sauna with chromotherapy and oxygen ionizer, master closet with secret passageway to huge walk in closet/safe room! All bedrooms have kitchenettes with beverage centers, microwaves and TVs with Sonos soundbars! Guest bedroom with Murphy bed doubles as an exercise room with Tonal Smart Home Gym! Bunk room sleeps 3 teenagers/guests that should not be driving! Rooftop balcony with 2000 square ft of outdoor living space with stunning views, commercial outdoor heating and sound, custom outdoor furniture, large swim spa and jacuzzi, 3 firepits, outdoor kitchen, dual grills, dining area, and more! 4 deeded garage parking spots w/ 2 car hydraulic lift for a total of 6 spots! Conditioned storage area! On site amenities include community pool, gym, golf simulators and meeting room! Right in the heart of Carmel restaurants, night life, shops, green space, farmer's market, Monon Trail and world class Paladium theater for shows and classic music! Easy access to downtown Indy and airport! You've been dreaming of this and never thought you would find it...until now! A must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2010
  • Living Area: 3,810 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: andy.deemer@talktotucker.com
  • Listing Agent: Andy Deemer

Interior Features

Interior Information:

  • Appliances: None, Electric Water Heater
  • Basement: No
  • Interior: 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

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Utilities

Utilities Information:

  • Heating: Forced Air, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Carmel High School, Public District Grades 9-12
  • Creekside Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: On the corner of City Center drive and Rangeline Road. 7th floor of the Carmel City Center Building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,875,000
  • Price Per SqFt: $1,542/SqFt

HOA Fees:

  • Amount: $752
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $14,019
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Carmel, IN.

Med. Sold Price

$521.6K

Med. Price/SqFt

$173

Avg. Days On Market

-44

# of Sold Homes

123

720 S Rangeline Rd Unit 701 vs Carmel

162 DAYS ON ROCKET

+206 Days

$5,875,000

+$5.3M More

$1,542/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $5.3M more than the Median Sold Price and $1.3K/SqFt more than other homes in Carmel, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21953821

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: andy.deemer@talktotucker.com
  • Listing Agent: Andy Deemer

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Property Sales & Tax

Listing History

Jun 12, 2018Home Sold
$810,000
Oct 29, 2013Home Sold
$1,040,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,019$1,217,400
2020$9,271$1,217,400
2019$10,636$810,600
2018$19,004$947,100
2017$20,376$936,800

History based on county public records data.

Payment Calculator

$30.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4579783
10
/10
  • Creekside Middle School

  • 3525 W 126th St

  • 4.90 miles

  • Public District Grades 6-8

High School

school-card-donut-4579784
10
/10
  • Carmel High School

  • 520 E Main St

  • 1.11 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,694. Typical income of Carmel, IN residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 720 S Rangeline Rd Unit 701

What is the listing price of this property?

The listing price of 720 S Rangeline Rd Unit 701 property is $5,875,000.

What type of property is this?

The property 720 S Rangeline Rd Unit 701 is a condo located in Carmel, Indiana, 46032.

Is this property for sale now?

Active Listing: 720 S Rangeline Rd Unit 701 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 720 S Rangeline Rd Unit 701 are:
Creekside Middle School: GreatSchools Rating 10/10
Carmel High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,019 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 12, 2018 for $810,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 720 S Rangeline Rd Unit 701 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 720 S Rangeline Rd Unit 701 is 3,810 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 720 S Rangeline Rd Unit 701 is 2010.
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Rocket HomesIndianaHamilton CountyCarmel46032720 S Rangeline Rd Unit 701

This home is located at 720 S Rangeline Rd Unit 701 in Carmel, IN and zip code 46032. This 3,810 square foot home was built in 2010. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $5,875,000.

In April 2024 more than 40 listings in Carmel, IN were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 51 were sold below. The number of listings in Carmel, IN increased by 10.2% between March 2024 and April 2024. Listings spent -43 days on the market in April 2024, and had a median list price of $521,666 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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