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121 SE 1st Street SE, Carmel, IN 46032

Here's 121 SE 1st Street SE in Carmel, IN 46032, listed at $675,000.

1 photo from the listing — tap any to expand.

Photo of 121 SE 1st Street SE, Carmel, INFor Sale — 121 SE 1st Street SE, Carmel, IN 460321 / 1

Quick read on the numbers:

$675,000$699,500

For Sale40 days on market
Beds

3

Baths

2

Sq ft

2,274

Built

1908

Here's what I think this home is worth:

Key things to know

  • Davis & Bales subdivision

From the listing

Location, location, location in the heart of Carmel's Art & Design District - walk or bike to all the restaurants, shops, and cafe's that Carmel Old Town, Carmel Midtown and Carmel City Center have to offer. Walk or bike the Monon Greenway - enjoy all of the festivals that Carmel Old Town, Carmel Midtown and Carmel City Center, have to offer - plus you get a fully renovated 3BR, 2 Bath home with a beautiful landscaped yard and a cozy open floor plan - the home has unique wood floors, a wrap around front porch, a large outdoor patio with a gazebo for out door entertaining and living, a large 3 car sized garage plus an outdoor storage barn, and a fully fenced in back yard. Enjoy the downtown lifestyle - with all the walkability and biking that downtown Carmel has to offer from a tranquil and peaceful location.

A few highlights from the feature list:

Interior

Attic AccessHardwood FloorsWalk-In Closet(s)WoodWorkStain/PaintedHi-Speed Internet Availbl

Exterior

Barn Mini

I'll break the details down — open any section that matters.

Rough monthly:

Monthly payment

Estimate · $675,000

$4,013/mo

≈ $3,593 principal & interest · $421 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $135,000 on a loan of $540,000.

Price history

  1. Listedat $699,500

    May 11, 2026

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 12768 Crescent Drive

    $355,000

    12768 Crescent Drive

    4bd · 3ba · 1,797 sqft

    Sold Jun 2026

  • 416 Beverly Court

    $388,000

    416 Beverly Court

    4bd · 4ba · 2,232 sqft

    Sold Jun 2026

  • 12978 Moultrie Street

    $470,000

    12978 Moultrie Street

    3bd · 3ba · 2,050 sqft

    Sold Jun 2026

  • 14830 Senator Way

    $408,000

    14830 Senator Way

    3bd · 3ba · 1,807 sqft

    Sold Jun 2026

  • 15 W Executive Drive

    $685,000

    15 W Executive Drive

    2bd · 3ba · 1,654 sqft

    Sold Jun 2026

Comparative value

5 comps in this range

This home is 65% above median for similar nearby sales.

$355K$685KMedian $408K
$675K

A few places to dig deeper:

Davis & Bales Carmel Clay Schools

MLS# 22100697

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