Located in the heart of downtown Carmel, this 2-bedroom, 1-bath bungalow offers an incredible opportunity in one of the city's most desirable areas. Whether you're looking to fully remodel the existing home or tear it down and build your dream custom property, this lot provides endless potential. The prime location is unbeatable - just steps from the Arts & Design District, Monon Trail, award-winning restaurants, boutique shopping, and entertainment. This property offers the rare chance to create something truly special in one of Carmel's most sought-after neighborhoods.
Sold
$485,000
230 1st Ave SE, Carmel, IN 46032
2beds
996sqft
Residential, Single Family Residence
Built in 1910
8,276 Square Feet Lot
$500,700 Zestimate®
$487/sqft
$1,862 Estimated rent
Home value
$500,700
$476,000 - $526,000
$1,862/mo
Zestimate® history
Owner options
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$1,862/mo
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$1,862/mo
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$2,975/mo
Est. payment
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$2,975/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Heather Carpenter 317-660-4574,
Encore Sotheby's International,
Jordan Herman
Bought with:
Matt Hutton
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22060255
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 2
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Kitchen
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Laundry
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8x8
Living room
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Gas Water Heater, Gas Oven, Refrigerator, Washer
Features
- Has basement: No
Interior area
- Total structure area: 996
- Total interior livable area: 996 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 291030301016000018
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Carmel
HOA
- Has HOA: No
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $487/sqft
- Tax assessed value: $300,900
- Annual tax amount: $4,624
- Date on market: 9/5/2025
- Cumulative days on market: 130 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Sold | $485,000-3%$487/sqft |
Source:  MIBOR as distributed by MLS GRID #22060255 Report a problem | ||
| 10/9/2025 | Pending sale | $500,000$502/sqft |
Source: MIBOR as distributed by MLS GRID #22060255 Report a problem | ||
| 9/5/2025 | Listed for sale | $500,000$502/sqft |
Source: MIBOR as distributed by MLS GRID #22060255 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,426 +17.3% | $300,900 +10.8% |
| 2024 | $4,625 +14.9% | $271,600 +18.4% |
| 2023 | $4,024 +15.9% | $229,400 +17.6% |
| 2022 | $3,471 0% | $195,100 +16.5% |
| 2021 | $3,472 +2.5% | $167,500 |
| 2020 | $3,389 +1% | $167,500 +1.6% |
| 2019 | $3,356 +2.7% | $164,900 |
| 2018 | $3,268 +104.5% | $164,900 +2.4% |
| 2017 | $1,598 -42.5% | $161,100 +3.3% |
| 2016 | $2,777 +8.8% | $156,000 +19.6% |
| 2014 | $2,552 +0.5% | $130,400 +3% |
| 2013 | $2,539 -0.3% | $126,600 +0.7% |
| 2012 | $2,546 +44.7% | $125,700 +35.7% |
| 2011 | $1,759 -4.4% | $92,600 |
| 2010 | $1,839 +8.6% | $92,600 -5.9% |
| 2009 | $1,693 +17.3% | $98,400 +9.3% |
| 2007 | $1,444 +19.4% | $90,000 +10.6% |
| 2006 | $1,209 | $81,400 +26.2% |
| 2005 | -- | $64,500 +195.9% |
| 2002 | $494 -1% | $21,800 +199.9% |
| 2001 | $499 | $7,270 |
Find assessor info on the county website
Neighborhood: 46032
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Nearby schools
GreatSchools rating
- 8/10Carmel Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Carmel Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Carmel Elementary School
- Middle: Carmel Middle School
- High: Carmel High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$500,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$500,700
- Indiana
- Hamilton County
- Carmel
- 46032
- 230 1st Ave SE
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