
Sheldon Barnes
For Sale — 3549 W 131st Street, Carmel, IN 460325
Beds
7
Baths
8,164
Sq Ft
1982
Year Built
1.78
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Carmel, Indiana and the rest of Hamilton County. Book a private tour of 3549 W 131st St, ask any question about this home, or talk through what you should know about buying in Carmel.
ABOUT THIS HOME
Behind a private gated entrance in the heart of West Carmel, this exceptional estate embodies luxury living at its finest-offering nearly two acres of serene privacy and over 8,100 square feet of beautifully reimagined living space. Welcome to 3549 W 131st Street, a stunning transitional modern home that delivers the feel of a nearly new custom build-without the delays of new construction and with the rare advantage of no HOA. Thoughtfully renovated and expanded, the home features 5 bedrooms, 6.5 baths, and dual main-level owner's suites, ideal for multi-generational living or hosting guests with ease. A dramatic two-story great room anchors the open-concept floorplan, creating a seamless flow for both elegant entertaining and everyday living. Expansive windows frame the lush, landscaped grounds, filling the home with natural light. Set behind its private gate and surrounded by mature trees, the property offers a peaceful outdoor retreat with expansive decks, a pergola, tranquil pool and a fenced backyard-a rare opportunity to experience the exclusive West Carmel lifestyle with space, privacy, and refined modern design.
Key things to know
- Gated private entrance on 1.78 acres with mature trees
- Dual main-level owner's suites for multigenerational living
- Two-story great room with open-concept floor plan
- Resort pool, pergola, and expansive decks
- No hoa
Browse by room
16 rooms · 65 photos
Monthly payment
Estimate · $2,550,000
$14,428/mo
≈ $13,572 principal & interest · $856 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $510,000 on a loan of $2,040,000.
Price history
- Price reduced$2,650,000 → $2,550,000
Apr 16, 2026
- Listedat $2,650,000
Mar 12, 2026
Recent comparable sales

$1,610,000
1861 Blore Heath
5bd · 6ba · 6,446 sqft
Sold May 2026

$1,300,000
2746 Towne Meadow Drive
5bd · 5ba · 6,422 sqft
Sold May 2026

$1,800,000
10515 Roxley Bend
6bd · 7ba · 7,523 sqft
Sold May 2026

$2,250,000
1894 Rhettsbury Street
4bd · 7ba · 7,881 sqft
Sold Apr 2026

$1,300,000
13246 Broad Street
5bd · 5ba · 5,742 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 58% above median for similar nearby sales.
Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
AI-curated highlights
INSIDE THIS HOME
FEATURES & AMENITIES
Interior
Exterior
Climate
AI-detected from photos
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$2,650,000Listed· Mar 12, 2026
$2,550,000Reduced
↓ $100,000 (3.8% off original)
43 days on market
Layout
Primary suite
Closet Walk in,Patio
Primary bath
Sinks Double,Suite,Tub Garden
Schools
Carmel Clay Schools
Neighborhood
- Zionsville Community HS1.9 mi
- Carmel Central Park3.2 mi
- Clay Terrace4.6 mi
- Carmel Arts & Design District5.4 mi
- Carmel High School5.5 mi
- Monon Trail (Carmel)5.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
9,808 sq ft
Year Built
1982
Stories
Three Or More
Lot Size
1.78 acres
Subdivision
No Subdivision
Bedrooms
5
Bathrooms
6 full, 1 half
Garage
4 spaces
School District
Carmel Clay Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$1,092,200
Land Value
$151,200
14% of total
Improvement Value
$941,000
86% of total
- Annual tax · 2024
- $10,268
- Exemption
- Homestead
