231 1st Avenue NECarmel, IN 46032
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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.
| 2 weeks ago | Status changed to Pending | |
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Price changed to $750,000 | |
| 2 months ago | Listing first seen on site |
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2025-11-27 04:37 AM UTC. 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.
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