4499 W 131st Street, Carmel, IN 46074 · $1,595,000 · Sold

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Here's 4499 W 131st Street in Carmel, IN 46074. This listing is closed, but I can still walk you through the details.

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Photo of 4499 W 131st Street, Carmel, IN

Sold — 4499 W 131st Street, Carmel, IN 460741 / 1

Quick read on the numbers:

$1,595,000$1,790,000

Sold

Beds

Baths

Sq ft

5,373

Built

2001

Acres

2.5

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 20% below list in 448 days
2 fireplaces
Finished basement (1,045 sqft)
3-car garage
2.5-acre lot

From the listing

BACK ON THE MARKET WITH EXTENSIVE NEW UPDATES! "Studs out" total renovation of the lower level, open floor plan with all new custom cabinets, wet bar, fireplace, gorgeous flooring. Both upper level bathrooms were re-designed and renovated with new shower/tub enclosures, custom cabinets, flooring, lighting, and quartz tops. Enjoy country living in the heart of Carmel on 2.5 ACRES! Multi-Purpose stand alone 36x60 (2160 sqft.) indoor facility with concrete floors, HVAC, water, sewer. Interior walls are one inch particle board, caged lighting, bathroom; great for car collectors, shop, athletics. Impeccability maintained, Other recent renovations include a stunning high end "studs out" new kitchen 2021 with contemporary walnut cabinets, unique marble tops, chef friendly appliances. Pure Edge lighting adjoins a cozy hearth room with a gas fireplace and matching walnut trim. Butler pantry with coffee bar. 2 story great room includes Herman Miller lighting. Magnificent views of the perfectly manicured lawn; like a golf course! Sought after 1st floor primary bedroom suite with all new stunning bath suite, huge walk in shower, his & her vanities and closets, Bamboo cabinets. Handsome cherr…

A few highlights from the feature list:

Interior

Attic AccessBath Sinks Double MainBreakfast BarBuilt-in FeaturesHigh CeilingsKitchen IslandCentral VacuumEntrance FoyerHardwood FloorsHi-Speed Internet AvailblEat-in KitchenPantryWired for SoundWalk-In Closet(s)Wet BarWoodWorkStain/Painted

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$1,339,700

Land Value

$163,100

Land$163,100

12% of total

Improvement Value

$1,176,600

Improvements$1,176,600

88% of total

Annual tax · 2023: $12,512
Exemption: Homestead

This home has sold:

Sold

$1,425,000

-$365,000 below list (-20.4%)

Closed: Nov 7, 2025
Listed at: $1,790,000
Sold: 6 months ago
Sold in: 448 days

Price history

Sold$1,425,000
Nov 7, 2025
Price reduced$1,625,000 → $1,595,000
Sep 15, 2025
Listedat $1,790,000
Apr 4, 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 102% above median for similar nearby sales.

$650K$860KMedian $705K

$1.4M

A few places to dig deeper:

Carmel Clay Schools

MLS# 21966097