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$1,495,000

41 1st Avenue Sw
Carmel, Indiana 46032

Active / MLS #22083007 / Vacant Land / Carmel
Listing information updated 3/21/2026 at 8:06am
Amazing corner lot in the heart of Carmel's Arts & Design District, currently zoned C2, offering exceptional visibility and flexibility. The current owner originally envisioned a mixed-use development featuring first-floor retail with second- and third-floor residential, making this an ideal live/work opportunity. Surrounded by thriving local businesses, galleries, dining, and community activity, this site offers a rare chance to create something special in one of Carmel's most desirable and walkable locations. Prime positioning, strong zoning, and endless potential make this a standout opportunity for investors, developers, or owner-occupants alike.
Square Feet:
N/A
Lot Size:
0.2 Acres
Acreage:
0.2
Tax Amount:
N/A
Tax Year:
2024
Zip Code:
46032
City:
Carmel
County:
Hamilton
School District(s):
Carmel Clay Schools
Elementary School:
N/A
Middle School:
N/A
High School:
Carmel High School

Listing Office: eXp Realty LLC

Listing Office Phone: 317.524.0241

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 3/21/2026 at 8:06am. 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.

Carmel

Carmel, IN

Located just north of Indianapolis, Carmel is one of the fastest-growing communities in the state of Indiana. Known as the “Roundabout Capital of the U.S.,” the city is home to more than 120 roundabouts that have been constructed since the late 1990s. Carmel has been recognized as one of the...
$725,695
Average Sale Price
39
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 41 1st Avenue Sw, Carmel, IN 46032

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41 1st Avenue Sw, Carmel, IN 46032 is a vacant land currently listed at $1,495,000. This vacant land has been listed on @properties IND since February 5th, 2026. Nearby schools include Carmel High School.

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