Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Carmel, IN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Carmel, IN and much more. Save thousands at closing with home foreclosure listings in Carmel, IN — up to 75% off market value!
Carmel is a city north of Indianapolis in Indiana. Home to 92,198 residents, the city spans 47 square miles (120 km2) across Clay Township in Hamilton County, Indiana, and is bordered by the White River to the east; Michigan Road (U.S. 421) and the county line to the west; 96th Street to the south and 146th Street to the north. Though Carmel was home to one of the first electronic automated traffic signals in the state, the city has constructed some 128 roundabouts since 1998, earning its moniker as the "Roundabout Capital of the U.S."
Carmel has a highly educated and affluent population whose households have average median income levels of $109,201, and the median average price of a home is $320,400, according to the U.S. Census Bureau. It is often cited as one of the Best Places to Live in America by Money magazine (No. 1 in 2012, No. 3 in 2018) and other surveys such as Wallet Hub, Niche, and SafeWise. The city has also been honored for being one of the safest in America, and best place to launch a career and to raise a family.
Carmel was originally called "Bethlehem". It was platted and recorded in 1837 by Daniel Warren, Alexander Mills, John Phelps, and Seth Green. The original settlers were predominantly Quakers. Today, the plot first established in Bethlehem, located at the intersection of Rangeline Road and Main Street, is marked by a clock tower, donated by the local Rotary Club in 2002.
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