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230 1st Avenue SE, Carmel, IN 46032

Here's 230 1st Avenue SE in Carmel, IN 46032. This listing is closed, but I can still walk you through the details.

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Photo of 230 1st Avenue SE, Carmel, INSold — 230 1st Avenue SE, Carmel, IN 460321 / 1

Quick read on the numbers:

$500,000

Sold
Beds

2

Baths

1

Sq ft

996

Built

1910

Acres

0.19

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

  • Sold 3.0% below list in 35 days
  • Carmel subdivision

From the listing

Located in the heart of downtown Carmel, this 2-bedroom, 1-bath bungalow offers an incredible opportunity in one of the city's most desirable areas. Whether you're looking to fully remodel the existing home or tear it down and build your dream custom property, this lot provides endless potential. The prime location is unbeatable - just steps from the Arts & Design District, Monon Trail, award-winning restaurants, boutique shopping, and entertainment. This property offers the rare chance to create something truly special in one of Carmel's most sought-after neighborhoods.

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

This home has sold:

Sold

$485,000

-$15,000 below list (-3.0%)

Closed
Dec 5, 2025
Listed at
$500,000
Sold
5 months ago
Sold in
35 days

Price history

  1. Sold$485,000

    Dec 5, 2025

  2. Listedat $500,000

    Sep 5, 2025

Carmel · activity

past 6 months

Sold
3
Median price
$615,000
Median DOM
35 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 12584 Tennyson Lane

    $219,000

    12584 Tennyson Lane

    2bd · 2ba · 1,134 sqft

    Sold May 2026

  • 12517 Timber Creek Drive

    $272,500

    12517 Timber Creek Drive

    2bd · 2ba · 1,070 sqft

    Sold May 2026

  • 12833 Tradd Street

    $220,000

    12833 Tradd Street

    2bd · 1ba · 1,126 sqft

    Sold May 2026

  • 12519 Timber Creek Drive

    $217,000

    12519 Timber Creek Drive

    2bd · 2ba · 1,070 sqft

    Sold May 2026

  • 11760 Glenbrook Court

    $210,000

    11760 Glenbrook Court

    2bd · 2ba · 1,072 sqft

    Sold May 2026

Comparative value

5 comps in this range

This home is 121% above median for similar nearby sales.

$210K$273KMedian $219K
$485K

A few places to dig deeper:

Carmel Carmel Clay Schools

MLS# 22060255

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