$615,000

beds

bath

half bath

1,818

square ft

231 1st Avenue Ne

Carmel, Indiana 46032

Closed / MLS #22066784 / Single Family / Carmel

Listing information updated 12/3/2025 at 12:26pm

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 Features

Architecture Style:

Dutch Colonial

Exterior Type:

Wood Siding

Basement:

Cellar,Interior Entry,Roughed In

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Heat Pump

Appliances:

Electric Cooktop, Dishwasher, Microwave, Electric Oven, Refrigerator, Tankless Water Heater, Water Heater, Wine Cooler

Main Level Primary Bedroom:

Pool:

Age:

125 Years

Room Count:

Water Front:

Square Feet:

1,818

Lot Size:

0.22 Acres

Acreage:

0.22

Internal Features:

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

External Features:

Lighting, Storage Shed, Patio/Porch

Room Information

Living Room:

17 x 14.8 - Main

Dining Room:

13.3 x 11.8 - Main

Kitchen:

10.9 x 14.9 - Main

Primary Bedroom:

12 .2 x 12.2 - Upper

2nd Bedroom:

8.2 x 10.7 - Upper

3rd Bedroom:

13.2 x 11.8 - Upper

Laundry:

7.9 x 7 - Main

Office:

9 x 9.8 - Main

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46032

City:

Carmel

County:

Hamilton

Schools

School District(s):

Carmel Clay Schools

Elementary School:

Carmel Elementary School

Middle School:

Carmel Middle School

High School:

Carmel High School

Architecture Style:

Dutch Colonial

Exterior Type:

Wood Siding

Basement:

Cellar,Interior Entry,Roughed In

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Heat Pump

Appliances:

Electric Cooktop, Dishwasher, Microwave, Electric Oven, Refrigerator, Tankless Water Heater, Water Heater, Wine Cooler

Main Level Primary Bedroom:

Pool:

Age:

125 Years

Room Count:

Water Front:

Square Feet:

1,818

Lot Size:

0.22 Acres

Acreage:

0.22

Internal Features:

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

External Features:

Lighting, Storage Shed, Patio/Porch

Living Room:

17 x 14.8 - Main

Dining Room:

13.3 x 11.8 - Main

Kitchen:

10.9 x 14.9 - Main

Primary Bedroom:

12 .2 x 12.2 - Upper

2nd Bedroom:

8.2 x 10.7 - Upper

3rd Bedroom:

13.2 x 11.8 - Upper

Laundry:

7.9 x 7 - Main

Office:

9 x 9.8 - Main

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46032

City:

Carmel

County:

Hamilton

School District(s):

Carmel Clay Schools

Elementary School:

Carmel Elementary School

Middle School:

Carmel Middle School

High School:

Carmel High School

Listing Office: Berkshire Hathaway Home

Listing Office Phone: 317.595.2100

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/3/2025 at 12:26pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.