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Sold
  • $1,850,000

    631 1st Ave NW, Carmel, IN 46032

    4beds
    4,338sqft
    Residential, Single Family Residence
    Built in 2023
    0.25 Acres Lot
    $1,906,500 Zestimate®
    $426/sqft
    $5,473 Estimated rent

    Home value

    $1,906,500

    $1.81M - $2.00M

    $5,473/mo

    Zestimate® history
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    What's special

    Sleek surfacesFire pitPrimary suiteBespoke cabinetryBlack suede granite countertopsFlooded with natural lightShow-stopping kitchen
    Like-new custom home in the heart of downtown Carmel, completed in May 2023 by SLM Homes. This earthy modern residence blends clean lines with organic finishes and features an open-concept indoor/outdoor layout flooded with natural light. Gorgeous high-end appointments are found throughout, from designer lighting and custom cabinetry to sleek surfaces and curated fixtures. The show-stopping kitchen boasts black suede granite countertops, bespoke cabinetry, and an under-stair bar with dual taps-perfect for serving both cocktails and nitro cold brew. Enjoy seamless transitions between dining, living, and sitting areas thanks to the flexible open floor plan. Upstairs, the primary suite is tucked away for a true retreat feel. Three additional spacious bedrooms are also located on the upper level, along with a versatile bonus room and open loft, ideal for work or play. Step outside to a private fenced-in backyard oasis-rare for downtown living-with a patio and fire pit for entertaining. Just steps from top restaurants, shops, and the Monon Trail, this home offers luxury, lifestyle, and location all in one.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carrie Holle 317-339-2259,

    Compass Indiana, LLC

    Bought with:

    Carrie Holle

    Compass Indiana, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22043315MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 270 Square Feet
    • Dimensions: 18x15
    Bedroom 2
    • Level: Upper
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Bedroom 3
    • Level: Upper
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 4
    • Level: Upper
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Kitchen
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Laundry
    • Level: Upper
    • Area: 48 Square Feet
    • Dimensions: 8x6
    Living room
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
    Features
    • Double Vanity, Kitchen Island, Hardwood Floors, Wet Bar
    • Flooring: Hardwood
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Double Sided
    Interior area
    • Total structure area: 4,338
    • Total interior livable area: 4,338 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Fencing: Fenced
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 290925802017000018
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cement Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Carmel
    HOA
    • Has HOA: No
    Location
    • Region: Carmel

    Financial & listing details

    • Price per square foot: $426/sqft
    • Tax assessed value: $1,143,100
    • Annual tax amount: $7,692
    • Date on market: 10/8/2025
    • Cumulative days on market: 97 days

    Price history

    DateEventPrice
    1/12/2026Sold$1,850,000-14%$426/sqft
    Source: MIBOR as distributed by MLS GRID #22043315 Report a problem
    10/8/2025Pending sale$2,150,000$496/sqft
    Source: MIBOR as distributed by MLS GRID #22043315 Report a problem
    9/15/2025Listing removed$2,150,000$496/sqft
    Source: MIBOR as distributed by MLS GRID #22043315 Report a problem
    7/22/2025Price change$2,150,000-4.4%$496/sqft
    Source: MIBOR as distributed by MLS GRID #22043315 Report a problem
    6/9/2025Listed for sale$2,250,000+350%$519/sqft
    Source: MIBOR as distributed by MLS GRID #22043315 Report a problem
    12/1/2021Sold$500,000+0.2%$115/sqft
    Source: MIBOR as distributed by MLS GRID #21822246 Report a problem
    11/1/2021Pending sale$499,000$115/sqft
    Source: MIBOR as distributed by MLS GRID #21822246 Report a problem
    10/30/2021Listed for sale$499,000+31.3%$115/sqft
    Source: MIBOR as distributed by MLS GRID #21822246 Report a problem
    6/4/2019Sold$380,000-3.8%$88/sqft
    Source: MIBOR as distributed by MLS GRID #21629461 Report a problem
    4/24/2019Pending sale$395,000$91/sqft
    Source: Carpenter Realtors, Inc. #21629461 Report a problem
    4/15/2019Price change$395,000-2.5%$91/sqft
    Source: Carpenter Realtors, Inc. #21629461 Report a problem
    4/5/2019Listed for sale$405,000+97.6%$93/sqft
    Source: Carpenter, REALTORS� #21629461 Report a problem
    3/31/2011Sold$205,000-10.8%$47/sqft
    Source: Agent Provided Report a problem
    2/17/2011Listed for sale$229,900$53/sqft
    Source: CENTURY 21 Scheetz #21106349 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,677 +64.8%$1,143,100 +4%
    2024$7,692 +79.4%$1,099,200 +61.9%
    2023$4,288 +52.6%$678,800 +79.4%
    2022$2,809 +2%$378,300 +49.5%
    2021$2,753 +15.4%$253,100 -18.5%
    2020$2,384 +0.9%$310,400 +36.3%
    2019$2,363 +0.9%$227,700 0%
    2018$2,343 +1.4%$227,800 +0.4%
    2017$2,309 +16.9%$226,900 +4.1%
    2016$1,976 +10.9%$218,000 +18.1%
    2014$1,781 +2.5%$184,600 +3.8%
    2013$1,738 +0.1%$177,900 +0.8%
    2012$1,737 +35.4%$176,500 +15.4%
    2011$1,283 -4.4%$153,000
    2010$1,341 +9.7%$153,000 -5.4%
    2009$1,222 +2.7%$161,700 +7.8%
    2007$1,190 -24.7%$150,000 -7.7%
    2006$1,581 $162,600 +31.1%
    2005-- $124,000 +225.5%
    2002$587 -1%$38,100 +200%
    2001$593 $12,700
    Find assessor info on the county website

    Neighborhood: 46032

    Nearby schools

    GreatSchools rating
    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
    $1,906,500
    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
    $1,906,500