740 1st Avenue NE Carmel, IN ^$ 525,000

740 1st Avenue NE

^$ 525,000

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740 1st Avenue NE

Carmel, IN, 46032

^$ 525,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 3,626

740 1st Avenue NE, Carmel, IN 46032 - Image 1

740 1st Avenue NE, Carmel, IN 46032 - Image 2

740 1st Avenue NE, Carmel, IN 46032 - Image 3

740 1st Avenue NE, Carmel, IN 46032 - Image 4

740 1st Avenue NE, Carmel, IN 46032 - Image 5

740 1st Avenue NE, Carmel, IN 46032 - Image 6

740 1st Avenue NE, Carmel, IN 46032 - Image 7

740 1st Avenue NE, Carmel, IN 46032 - Image 8

740 1st Avenue NE, Carmel, IN 46032 - Image 9

740 1st Avenue NE, Carmel, IN 46032 - Image 10

740 1st Avenue NE, Carmel, IN 46032 - Image 11

740 1st Avenue NE, Carmel, IN 46032 - Image 12

740 1st Avenue NE, Carmel, IN 46032 - Image 13

Lots and Land for sale in Carmel, IN

for $525,000. The lot size is 0.18.

Opportunity is knocking at the door! Location Location Location! This amazing city lot is located in the heart of the Carmel Arts District, and just waiting for you to build your new dream home! Property currently has a 2 bed 1 bath home on it that is fully functional and even recently remodeled and easily rentable while you finalize your design plans. City utilities are all hooked up. Don't let this opportunity pass! Schedule a showing today!

Lots and Land Active

Price

^$ 525,000

Property Type

Lots and Land

Taxes

^$ 5,608

Style

Residential Lots

Lot Size

0.18

Town/City

Carmel

County/Region

Hamilton

MLS | Web ID

22113060

Features

General

Sewer Public Sewer

Possession Closing

Development Status Finished Lot(s) Other

Zoning residential

Topography Cleared Terraced

Township Clay

Property Subtype Residential Lots

Tax Year 2025

County Hamilton

New Construction N

Property Type Land

HOA N

Subdivision Name Carmel Arts District

Other Structures Other

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

Current Financing Exchange - 1031 Conventional FHA InterestOnly VA Other

Middle/Junior High School Carmel Middle School

Additional Parcels Y/N N

Standard Status Active

Tax Lot 291030501003000018

Legal Description Acreage .18 Section 30 Township 18 Range 4

Exterior

Lot Features City Lot Sidewalks Mature Trees

Lot Size Acres 0.18

Road Surface Type Asphalt

Waterfront Y/N N

Road Frontage Type City Street

Number of Lots 1

Horse Amenities None

* Excluded Features

List By

Knight Realty Group

Broker

gary@knightrealtygroup.net

Affordability Calculator

$4,093

Per Month

Monthly Principal & Interest: $3,626
Monthly Property Taxes: $467
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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! What's my home worth?

Nearby

Trends
Schools

Lots and land listings in Carmel, IN

Average List Price ^$781,156

Percent of Sale Price 49%

About Carmel, IN

95,565 Population

56% Since 2002

^$107,809 Median Income

41.21 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4046390 Elementary School

4046538 Middle School

Carmel High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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 Lots and Land for sale at $525,000 with a lot size of 0.18. 740 1st Avenue NE has 0.0 baths. The property's zip code is 46032 which is in Carmel, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/16/2026.

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740 1st Avenue NE

Lots and Land for sale in Carmel, IN

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