231 1st Avenue NE, Carmel, IN 46032

$615,000
3
BD
2
BA
1,818
SqFt

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Sold Price
$615,000
List Price
$750,000
MLS#
22066784
Status
SOLD
Days on Market
54
Closing Date
Dec 03, 2025
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,818
Property Type
Residential
Year Built
1900

Property 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.

Additional Information

Basement
Cellar, Interior Entry, Roughed In
Foundation
Crawl Space
Stories
Two
Architecture
Dutch Colonial
Equipment
Smoke Alarm, Sump Pump
Interior
Attic Access, Attic Pull Down Stairs, Breakfast Bar, Kitchen Island, Hi-Speed Internet Availbl, Wired for Data, Pantry, Smart Thermostat, Walk-In Closet(s), WoodWorkStain/Painted, Wood Work Stained
Exterior Amenities
Lighting, Storage Shed
Acres
0.22
Heat
Heat Pump
Cooling
Central Air
Appliances
Electric Cooktop, Dishwasher, Microwave, Electric Oven, Refrigerator, Tankless Water Heater, Water Heater, Wine Cooler
Region
Clay
Areas
Utility Room
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Home. Selling Office: eXp Realty, LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative