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USAINCarmelCarmel231 1St Ave Ne
colonial inspired home with a gambrel roof, a porch, a front lawn, and brick siding | Image 1
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231 1st Ave Ne, Carmel, IN

House

For Sale

Listed price in listed location currency (USD).
$780,000

320
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1818 sqft
Garage No
Taxes 
Days Active 0
Lot Size 
Approx. Age 1966
Avg. Price Per Sqft $429
MLS® Number 22066784

Property Address: 231 1st Ave Ne, Carmel, IN, 46032-1709

Average square foot calculated using Size range provided by listing agent.

Description

Downtown Carmel Dream Lot - Where Opportunity Meets Location Rarely does a property like this become available in the heart of downtown Carmel. Situated on a spacious, tree-lined lot just steps from the Arts & Design District, Midtown, and the Monon Trail, 231 1st Ave NE offers endless possibilities - whether you're ready to move right in, reimagine it with a modern renovation, or design your own custom masterpiece from the ground up. The value here lies not just in the home, but in the address. Large lots of this size and proximity simply don't come to market often - and when they do, they're quickly claimed by buyers who recognize the long-term upside. With Carmel's downtown growth, walkable lifestyle, and premier schools, this property represents a smart, future-forward investment in one of the city's most coveted corridors. Whether you're a visionary builder, savvy investor, or homeowner dreaming of downtown living with space to breathe - this is your chance to own a piece of prime Carmel real estate that combines potential, position, and prestige. The opportunity is rare. The location is unbeatable. The possibilities are endless. Full marketing exposure with all photos will be released October 17th with showings available for two days only! Property is currently listed to fulfill a purchase contingency timeline. No showings until Oct. 18-19th.
MLS® Number22066784
Laundry LevelMain Level
Central VacNo
FireplaceNo
Acreage0.22
ExteriorLighting, Storage Shed
GarageNo
Approx. Age1966
BasementCellar, Interior Entry, Roughed In
Driveway
Garage Spaces
HeatHeat Pump
A/CCentral Air
Heating Fuel

Extras

Rooms

Change to metres

Other:Upper12.17 × 2 ft
Dining Room:Main11.67 × 13.25 ft
Living Room:Main14.67 × 17 ft
Bedroom 3:Upper11.67 × 13.17 ft
Office:Main9.67 × 9 ft
Kitchen:Main14.75 × 10.75 ft
Laundry:Main7 × 7.75 ft
Bedroom 2:Upper10.59 × 8.17 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2025List Date
$780,000List Price

Home Appraisal

This property is estimated to sell between: $516,000 and $912,000.
Similar properties in this area sold on average for: $516,833
Expected to sell in 10 days. Similar properties sold in 10 days. This home has been on eXp Commercial Brokerage for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Commute

Starting Address
Destination Address
231 1 St Ave Ne, Carmel, IN

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