Epcon Proposes 55+ Community in Carmel, IN

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

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For active adults looking to retire in Indiana, Epcon Communities recently proposed a new, age-restricted community in Carmel.

Respected builder Epcon Communities recently proposed a new, age-restricted community in Carmel, Indiana. The Courtyards of Carmel will be a 55+ community built on a 59-acre site about 30 minutes north of downtown Indianapolis in Hamilton County. The Ohio-based developer is projecting 169 homes designed for active adults. These single-family dwellings will likely range from about $375,000 to $575,000, averaging at $475,000.

Established in 1986, Epcon has built communities in 18 states, including Indiana, Ohio, and Illinois. If the Carmel property is approved, construction in Carmel could start as soon as spring 2021.

Plans in the Works

Carmel’s Plan Commission and Epcon discussed the new project during a virtual meeting earlier this year. Among the topics discussed were designated open space, traffic patterns, and the preservation of a historic home located on the property. Epcon is working with a local agency to preserve the historic home, and will make its next moves after the plan commission’s final vote.

The City of Carmel

This mid-sized suburban community has appeal for all ages, with a vibrant City Center, a Midtown Plaza, and an Arts & Design District. Carmel is also very walkable and bike-friendly, with close to 200 miles of paths and trails. Its community amenities and low cost of living have earned it high rankings as a place to live. There are a dozen private and three public golf courses, charming museums, and local community theatres and agencies.

The site is right by the Arts & Design District, and it’s conveniently located close to a Kroger grocery, a Walmart Supercenter, a Target, and plenty of other shopping outlets. The closest major medical centers are St. Vincent Carmel Hospital and Indiana University Health. Also, it takes about half an hour to get to Indianapolis International Airport from the community site.

Now-Selling Communities in the Area

If you’re interested in the Carmel area, here are some communities with available homes for sale.

The Cottages at Carmel – Carmel, IN

High $200s – Low $400s

This intimate community of 40 resale attached homes has no age restrictions, but it’s designed for active lifestyles. The Cottages at Carmel has four floor plans ranging from 1,627 to 2,355 square feet, with two to three bedrooms, two or three-and-a-half bathrooms, and an attached two-car garage. Desirable options include first-floor master suites, gourmet kitchens, and cathedral ceilings. The homeowners’ association (HOA) fees cover lawn care, snow removal, and building maintenance.

Request more information about The Cottages at Carmel here.

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
Details here.

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I agree that 55places and its affiliates, partner providers or agents may call, text, or email me about my inquiry, which may be made with automated means. I understand that my consent is not a prerequisite for buying a property. I may revoke my consent at any time by contacting optout@55places.com. Message/data rates may apply. I also agree to 55places.com’s Privacy Policy and Terms of Use.

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About 55places

We’re changing the way people 55 and older are searching for their perfect next place. With a national network of hand-selected real estate experts, plus comprehensive information, unbiased content, and on-the-go insight about thousands of communities across the country, we’re a trusted resource paving the way from here to home. Whether you’re interested in a low-maintenance single-level residence, an active lifestyle or age-qualified community, an intimate enclave, or anything in between, we can help you make your next move the best one yet.

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