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740 1st Avenue NE Carmel, IN $ 525,000
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$ 525,000 Get more info
740 1st Avenue NE
$ 525,000
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740 1st Avenue NE

Carmel, IN, 46032
$ 525,000
Bedrooms2 Baths1.0 Sq 775

Monthly Estimate*

$ 3,626

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Single Family Home for sale in Carmel, IN

for $525,000 with 2 bedrooms and 1 full bath. This 775 square foot home was built in 1951 on a lot size of 0.18.

What an Opportunity! Talk about location, it doesn't get better than this! Build on it, rent it, or live in it, this little gem of a home sits on one of the last lots available in the highly desirable Carmel Arts District. The current home was recently remodel and updated with new water lines, water heater, appliances, and a NEW ROOF! Making it turn key ready! But don't let your imagination stop there. This lot is also the perfect location for building the house of your dreams! This an amazing opportunity for investors, builders, or a home owner.

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Single Family Active

Price

$ 525,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 5,608

Style

Bungalow

Lot Size

0.18

Year Built

1951

Town/City

Carmel

County/Region

Hamilton

MLS | Web ID

22112815
Features
Interior
Interior Amenities Hi-Speed Internet Availbl Eat-in Kitchen Pantry
Total Fireplaces 0
Basement (Y/N) N
Half Baths 0
Laundry Features Main Level
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
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General
Heating Natural Gas High Efficiency (90%+ AFUE ) Forced Air
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Closing
Appliances Dishwasher Disposal Gas Water Heater Microwave Gas Oven Refrigerator Water Heater
Garage Spaces 1
Architectural Style Bungalow
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1951
Electric 100 Amp Service
View Trees/Woods
Township Clay
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Hamilton
New Construction N
Property Type Residential
HOA N
Subdivision Name Carmel Arts District
Facing Direction East
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
High School Carmel High School
City Carmel
High School District Carmel Clay Schools
MLS Area 2910 - Hamilton - Clay
Lot Size Square Feet 7841
Elementary School Carmel Elementary School
Property Attached Y/N N
Current Financing Exchange - 1031 Conventional FHA Owner Other
Middle/Junior High School Carmel Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Standard Status Active
Tax Lot 291030501003000018
Legal Description Acreage .18 Section 30 Township 18 Range 4
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Exterior
Parking Features Attached
Lot Features City Lot
Water Source Public
Foundation Details Block
Spa N
Building Area Total 775
Lot Size Acres 0.18
Waterfront Y/N N
Other Equipment Satellite Dish
Horse Amenities None
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* Excluded Features
List By
Knight Realty Group

Broker

gary@knightrealtygroup.net

Email

Affordability Calculator

$4,093
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,626
Monthly Property Taxes
$467
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4046390 Elementary School
4046538 Middle School
Carmel High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/23/2026$525,000 -0.94% Price Down
9/3/2026$529,999 -1.85% Price Down
8/26/2026$539,999 -1.82% Price Down
8/11/2026$549,994 0.00% Price Down
8/10/2026$549,995 0.00% Price Down
7/30/2026$549,996 0.00% Price Down
7/27/2026$549,997 0.00% Price Down
7/23/2026$549,998 0.00% Price Down
7/9/2026$549,999 Listed Price

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740 1st Avenue NE, Carmel, IN, 46032 is a Single Family Home for sale at $525,000 with 775 sqft and a lot size of 0.18. 740 1st Avenue NE has 2 bedrooms, 1.0 baths, and was built in 1951. The property's zip code is 46032 which is in Carmel, IN

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