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$2,550,0003549 W 131st Street
For Sale43 days on market

3549 W 131st St

Carmel, Indiana 46032

No Subdivision

5

Beds

7

Baths

8,164

Sq Ft

1982

Year Built

1.78

Acres

Sheldon Barnes, Carmel Realtor

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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.

Listed by Jennil Salazar· Compass Indiana, LLC· MLS# 22081040

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

  1. Price reduced$2,650,000 → $2,550,000

    Apr 16, 2026

  2. Listedat $2,650,000

    Mar 12, 2026

Comparative value

5 comps in this range

This home is 58% above median for similar nearby sales.

$1.3M$2.3MMedian $1.6M
$2.5M

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

Attic AccessBreakfast BarBuilt-in FeaturesCeiling VaultedKitchen IslandEntrance FoyerHardwood FloorsHi-Speed Internet AvailblWired for DataPantryWalk-In Closet(s)Wet Bar

Exterior

Sprinkler System

Climate

Heat: ElectricHeat: Natural GasHeat: Heat PumpCool: Central Air

AI-detected from photos

Vibe:contemporarynew constructionPool

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

Main
22.16 rooms4,600 sq ft
Upper
333 rooms1,908 sq ft
Basement
12 rooms1,656 sq ft finished

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

    Land$151,200

    14% of total

    Improvement Value

    $941,000

    Improvements$941,000

    86% of total

    Annual tax · 2024
    $10,268
    Exemption
    Homestead

    PARCEL & LEGAL

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