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.
Active
$1,495,000
41 1st St SW, Carmel, IN 46032
--beds
--baths
8,712Square Feet
Unimproved Land
Built in ----
8,712 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner lot
- 146 days |
- 354 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Jimmy Dulin 317-281-6679,
eXp Realty LLC,
Tamara Dulin,
eXp Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22083007
Facts & features
Property
Lot
- Size: 8,712 Square Feet
- Features: City
- Topography: Level
Details
- Parcel number: 290925163001000018
- Zoning: C2
- Zoning description: Commercial
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water on Site
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Carmel
Financial & listing details
- Annual tax amount: $7,424
- Date on market: 2/7/2026
- Cumulative days on market: 150 days
- Listing terms: See Remarks
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2026 | Listed for sale | $1,495,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 46032
Nearby schools
GreatSchools rating
- 8/10Carmel Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 8/10Carmel Middle SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Hamilton County
- Carmel
- 46032
- 41 1st St SW




