Price Reduction - Views
Address
5114 Carvel Avenue, Indianapolis, IN
Price
$ 419,500
Property Attributes
  • MLS#22102004
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaWashington
  • NeighborhoodMonticello
  • Zip46205
  • StyleRanch,Traditional
  • Year Built1952
  • Taxes$ 4062
  • Price$ 419,500
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2032
  • Lot Size0.53 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

5114 Carvel Ave is the kind of home that rarely comes along. It combines direct Monon Trail access, more than half an acre of private outdoor space, a fully renovated and open-concept interior, and major mechanical updates-all in one exceptional property. Situated on a private 0.53-acre lot, this modernized 3-bed 2-bath plus bonus room home offers a private gate access to connect immediately to the Monon Trail, which offers some of the highest levels of walkability in Indianapolis. This home provides a beautifully redesigned open-concept layout, vaulted ceilings paired with stunning exposed beams, and a showpiece kitchen featuring a large quartz island, custom steel railing, and new stainless-steel appliances. The effortless flow from the kitchen, dining, and main living area is perfect for entertaining and family gatherings. The spacious primary suite includes a brand-new full bath, while the second bathroom offers a spa-like experience with a jacuzzi tub, skylight, and built-in Bluetooth speakers. The finished basement provides flexible space for a media room, home office, fitness area, hobby room, or guest retreat. Stepping outside from the sunroom, a brand-new oversized deck overlooks one of the areas most impressive private backyards, offering lots of space for entertaining, pets, play, and outdoor living. Major updates include a new roof (2023), high-efficiency HVAC system (2025), high-efficiency furnace (2025), 50-gallon gas water heater (2025), new PEX water lines and PVC drains (2024), waterproofed and finished basement (2025), refinished hardwood floors with light contemporary stain (2026), new paint (2025), and more. Enjoy a walkable lifestyle and visit nearby favorites including Half Liter Beer & BBQ Hall, BreadWorks, Good Morning Mamas, Upland Brewing, and Mama Carollas. From day one, you'll enjoy a seamless lifestyle-easily moving from rest to activity to connection, and when you return home, you'll be welcomed by privacy, comfort, and tranquility.

Price History
5/15/2026 Listed $439,900
6/11/2026 3$429,500
7/3/2026 2$425,000
7/21/2026 1$422,500
8/13/2026 1$419,500

General Features

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Negotiable
Appliances Dishwasher,Dryer,Gas Water Heater,Electric Oven,Refrigerator,Washer
Garage Spaces 1
Patio/Porch Features Covered,Deck,Porch
Architectural Style Ranch,Traditional
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1952
Electric 100 Amp Service
View Trees/Woods
Township Washington
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Monticello
Facing Direction East
Garage Y/N Yes
Total Rooms 9
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 23217
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Additional Parcels Y/N No
Virtual Tour https://www.zillow.com/view-imx/70430b3f-7f11-4c00-99e9-8834534a87d7?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Tax Lot 490707117020000801
Virtual Tour https://www.zillow.com/view-imx/70430b3f-7f11-4c00-99e9-8834534a87d7?initialViewType=pano
Legal Description Monticello L14 Ex 70Ft N Side

Interior Features

Interior Amenities Attic Access,Breakfast Bar,Built-in Features,Ceiling Vaulted,Hardwood Floors,Hi-Speed Internet Availbl,Eat-in Kitchen,Smart Thermostat,Walk-In Closet(s)
Basement Interior Entry,Partially Finished
Total Fireplaces 1
Fireplace Features Masonry,Living Room
Basement (Y/N) Yes
Laundry Features In Basement,Sink,Laundry Room
Total Bedrooms 3
Below Grade Finished Area 985
Main Level Bedrooms 2
LivingAreaSource Plans
Total Baths 2

Exterior Features

Exterior Amenities Smart Lock(s)
Fencing Full
Parking Features Detached,Attached
Water Source Public
Foundation Details Block
Spa No
Building Area Total 2032
Lot Size Acres 0.53
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46205

Price
AVG $350K
$420K
Taxes
AVG $3,758
$4,062
Year Built
AVG 1938
1952
Visits
AVG 80
144
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.