Nearby rentals
Property management
Features
| Central Air | Hardwood Floor |
| Natural Gas |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Brick | Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
Other
| Architecture Style: Ranch | Seven Rooms |
One-time.
One-time. Refundable.
Property Status: Active Completely renovated, this stunning 4-bedroom, 2-bath ranch offers modern finishes, thoughtful design, and exceptional indoor-outdoor living in one of Carmel's most convenient locations. This move-in-ready home offers beautiful hardwood floors throughout the living room, kitchen, and bedrooms. The living area features a custom accent wall and abundant natural light, while the updated eat-in kitchen showcases two-tone cabinetry, quartz countertops, premium stainless steel appliances, and ample storage. A versatile living space exists off the laundry hallway. The private primary suite includes an updated en-suite bath, and both bathrooms feature contemporary finishes. Enjoy a large, fully fenced backyard on a spacious 0.32-acre lot, complete with a generous deck with gas line grill hook up. Additional highlights include an attached two-car garage, two garage refrigerator/freezers, modern lighting, a convenient exterior trash/recycle drop zone, dedicated laundry room, keypad keyless entry to garage and front doors, and exterior Ring flood lights and doorbell cameras (can be deactivated if desired). Located in the highly rated Carmel Clay School District, just minutes from downtown Carmel and the Arts & Design District, and less than one mile from the Monon Trail, this beautifully renovated home combines style, comfort, and an unbeatable location. Furnishing from the living room, kitchen, and deck area (excluding grills) is an option for an additional monthly fee. Office Phone: (317) 508-1806 Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 10605 Penn Dr compares to other nearby properties.
Positives
Considerations
| Zip code | 46280 |
|---|---|
| Type | House for rent |
4-bedroom apartments at 10605 Penn Dr cost about 9% less than the average rent price for 4-bedroom apartments in Carmel.
| Month | Median Rent |
|---|---|
| July 2024 | $2,732 |
| August 2024 | $2,650 |
| September 2024 | $2,492 |
| October 2024 | $2,451 |
| November 2024 | $2,626 |
| December 2024 | $2,825 |
| January 2025 | $2,750 |
| February 2025 | $2,769 |
| March 2025 | $2,790 |
| April 2025 | $2,797 |
| May 2025 | $2,839 |
| June 2025 | $3,225 |
| July 2025 | $3,320 |
| August 2025 | $3,100 |
| September 2025 | $2,911 |
| October 2025 | $2,842 |
| November 2025 | $2,845 |
| December 2025 | $2,893 |
| January 2026 | $2,916 |
| February 2026 | $2,975 |
| March 2026 | $2,994 |
| April 2026 | $2,962 |
| May 2026 | $2,975 |
| June 2026 | $2,949 |
Can I afford to live at 10605 Penn Dr?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$108,000/yr
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