Troy Estates is a community of new single-family homes for sale in Carmel, Indiana. Residents will enjoy visiting the performing arts theater in the Carmel City Center and an outdoor ampitheater close by. One million square feet of residential options, boutiques, dining, overnight stays and plenty of office space also await. Troy Estates is in close proximity to so many things to do, as well as the major highways, and is just a short 20-mile commute to downtown Indianapolis.