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3319 Annally Drive, Carmel, IN
Rare opportunity in the heart of Carmel-one of Indiana's most sought-after suburbs! Ideally located just minutes from Michigan Rd and I-465, this property offers convenience while still providing space and flexibility that's hard to find. Situated on a half-acre lot with no HOA, this brick ranch checks two boxes that are incredibly rare in Carmel. The lot is flat, open, and offers endless potential for outdoor use, expansion, or future improvements. Backing up next to Twin Lakes private golf club, the setting adds an extra layer of appeal and long-term value. This is a true fixer-upper and priced accordingly-perfect for investors, flippers, or buyers looking to customize a home in a prime location. Solid structure with great upside potential. Opportunities like this don't come around often in Carmel, especially with this combination of lot size, location, and no HOA.
Property Type
Single Family
Style
Ranch
Year Built
1974
Lot Size
0.53 acres
Price / Sqft
$201
Days on Market
1 days
Full Baths
2
Subdivision
No Subdivision
MLS #
MBR22091185
Listing Type
Residential
Market
MIBOR
Pending
Mar 25, 2026
Elementary
Towne Meadow Elementary School
Middle
Creekside Middle School
High School
Carmel High School
3319 Annally Drive, Carmel, IN 46032 — Hamilton County
Travis Carpenter
Indiana Ford Realty LLC

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How this home compares across city, state, and national benchmarks
Listed at $340,000, this 3-bed house in Carmel is 25% below the Census median home value of $455,500 for Carmel. Compared to 122 other 3-bed homes in Carmel (averaging $593,152), this property is 43% below average. Indiana's median home value is $139,802, putting this listing 143% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 340 homes for sale
Carmel has a population of 100,501 with a median household income of $134,602 and a homeownership rate of 74.6%. The median home value is $455,500 and the median rent is $1,607/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data