Frequently Asked Questions

Are house prices dropping in Carmel?

The house prices in Carmel are indeed dropping at the moment. There has been a decrease in price of $11,091.10. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Carmel at this time?

The housing market and house prices in Carmel are going down. The average house price is $598,250.00 and the average price per square feet is $262.69 per square foot. At the moment, there are 1927 homes listed - 196 active, 194 pending, and 1537 sold in Carmel.

What is the most popular place to buy a house in Carmel?

The most popular place to buy a home in Carmel is 2910 - Hamilton - Clay. 2910 - Hamilton - Clay has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Carmel?

The average amount of property taxes you would have to pay for a home in Carmel is $6,072.77. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Carmel being sold?

Properties in Carmel stay on the market for an average of 72 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Carmel?

The last home listed in Carmel was 809 minutes ago.

Can you visit houses in Carmel?

Currently, there are 6 open houses available for viewing in Carmel.

What is the most expensive house in Carmel?

The cost of the most expensive home in Carmel is $11,900,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Carmel?

The cost of the cheapest home in Carmel is $190,000.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Carmel?

The oldest home in Carmel was built in 1840, and the newest in 2027.

How big are the homes in Carmel?

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The average property size in Carmel is 3377.36 sq.ft., the largest being 17368 sq.ft., and the smallest being 693 sq.ft.

Road Frontage:

City Street

Road Access:

Not Applic

Road Surface:

Asphalt

Directions:

GPS Friendly

Schools

High School:

Carmel High School

Tax and Financial Info

Semi-Annual Property Tax:

$3, 712

Tax Year:

2024

Quick View

Address:

41 1st Avenue SW Carmel IN 46032

Status:

Active

On Site:

147 Days On Site

Price:

$1, 495, 000

Lot Size:

0.2

County:

Hamilton

Township:

Clay

MLS #:

22083007

Property Type:

Unimproved Land

Community Information

Area:

2910 Hamilton Clay

City:

Carmel

Subdivision:

No Subdivision

Zip Code:

46032

Active

$1,495,000

Beds

Baths

Sq. Ft.

41 1st Avenue SW, Carmel, IN, 46032

Est. Payments: $0/mo

Land

Built in null

147 days on Site

0.2 Lot Size

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Amazing corner lot in the heart of Carmel's Arts & Design District, currently zoned C2, offering exceptional visibility and flexibility. The current owner originally envisioned a mixed-use development featuring first-floor retail with second- and third-floor residential, making this an ideal live/work opportunity. Surrounded by thriving l...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22083007

Listing provided courtesy of Jimmy Dulin 317-524-0241 with eXp Realty LLC

Last Updated: 5/20/2026 | 7:34 PM

Mortgage Calculator

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About the Neighborhood

Carmel offers a peaceful environment characterized by quiet neighborhoods with minimal street noise. Residents benefit from access to multiple green spaces, including West Park and The Monon Community Center, as well as about ten parks for relaxation and leisure. The city features a variety of housing options, primarily single detached homes and small apartment buildings, mostly built around 1996, with spacious three and four-bedroom layouts available. With good bicycle lane infrastructure, cycling is convenient throughout the area. Education opportunities abound, featuring nearby primary, private elementary, and secondary schools, complemented by over 200 restaurants and around 20 grocery stores.

Learn more about

Carmel Market Report

Avg. Days on Market

Avg. Price Per Sq. Ft.

294.47

Median List Price

$625,000

Homes Listed

345

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

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