2727 W 131st Street, Carmel, IN 46032 · $1,699,000 · Recently Sold

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Here's 2727 W 131st Street in Carmel, IN 46032. This listing is closed, but I can still walk you through the details.

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Photo of 2727 W 131st Street, Carmel, IN

Recently Sold — 2727 W 131st Street, Carmel, IN 460321 / 1

Quick read on the numbers:

$1,699,000$1,799,900

Recently Sold

Beds

Baths

Sq ft

5,652

Built

1995

Acres

5.4

Key things to know

Sold 11% below list in 69 days
3 fireplaces
Finished basement (1,443 sqft)
4-car garage
5.4-acre lot

From the listing

Discover an extraordinarily rare opportunity to own a truly unique 5.4 acre retreat in the Heart of Carmel. This ultra-private property is accessed via a long, winding driveway that leads to an elegant, custom built, meticulously updated home. Nestled amid masterfully landscaped grounds and an abundance of mature trees, including your own private woods, this estate offers a serene, country-like atmosphere just five minutes from downtown Carmel. Built in 1995, this residence has been tastefully modernized with recent updates, including a state-of-the-art kitchen and a luxurious outdoor living area featuring a fireplace pavilion with TV. All full bathrooms have been beautifully remodeled, and new light fixtures have been installed throughout, enhancing the home's sophisticated charm. The detached 4th car garage was built new in 2021. Mechanical updates ensure comfort and peace of mind, these updates include new dishwasher, new natural gas line, new tankless water heater, two new HVAC units, new sump pump and ejector pit, both with battery backup. The property also boasts a Bose SoundTouch audio system, an updated security system, and a new reverse osmosis system in the kitchen. This…

A few highlights from the feature list:

Interior

Attic AccessBath Sinks Double MainBreakfast BarBuilt-in FeaturesHigh CeilingsCeiling VaultedKitchen IslandEntrance FoyerPaddle FanHardwood FloorsHi-Speed Internet AvailblPantrySaunaWalk-In Closet(s)Wet Bar

Exterior

StorageBasketball CourtGas GrillLightingFire PitOutdoor KitchenStorage Shed

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$1,787,800

Land Value

$348,000

Land$348,000

19% of total

Improvement Value

$1,439,800

Improvements$1,439,800

81% of total

Annual tax · 2023: $19,900
Exemption: Homestead

This home has sold:

Sold

$1,600,000

-$199,900 below list (-11.1%)

Closed: Nov 8, 2024
Listed at: $1,799,900
Sold: 1 year ago
Sold in: 69 days

Price history

Sold$1,600,000
Nov 8, 2024
Listedat $1,799,900
Jul 27, 2024

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 23% above median for similar nearby sales.

$1.0M$1.7MMedian $1.3M

$1.6M

A few places to dig deeper:

Carmel Clay Schools

MLS# 21992168