Skip to content

531 E Village Drive

Carmel, IN 46032

PendingListed Oct 2, 2026 · 5 days on market

Key facts

Beds
4
Baths
3 full
Living area
2,300 sqft
Lot
0.91 acres
Year built
1977
Type
Residential · Single Family Residence
Stories
Tri-level
Garage
2 spaces
MLS #
22127109
County
Hamilton
Subdivision
Village Of Mt Carmel

About this home

The original owners have lovingly cared for this well maintained and stylish four bedroom, thhee bath home on an acre lot shaded by many mature trees.There are warm and inviting laminated hardwoods throughout the main level and the kitchen has been updated with granite countertops and newer stainless appliances as well as a newer furnace and A/C. The kitchen overlooks a large family room with built in bookshelves and a gas fireplace perfect for entertaining or relaxing which opens to a 20x12 three-season porch and a large deck to enjoy the outdoors wth a view of the large fenced yard. The HOA maintains a swimming pool, tennis/pickleball courts, and a playground for the neighbors and is close to schools, shopping, entertainment and the Monon Trail. In addition this home has easy access to the interstate , downtown Carmel, and even downtown Indianapolis .

Description provided by the listing brokerage.

Interior

Appliances
Electric CooktopDishwasherDryerDisposalGas Water HeaterMicrowaveElectric Oven
Interior features
Attic Pull Down StairsBuilt-in FeaturesVaulted Ceiling(s)Paddle Fan
Kitchen
Kitchen Updated
Other rooms and areas
Bedroom Other on MainLaundry in UnitLiving Room FormalUtility Room
Fireplaces
1
Fireplace type
Family RoomGas LogGas Starter
Laundry
Laundry ClosetMain Level
Windows
Skylight(s)Vinyl Windows
Security
Smoke Detector(s)
Rooms
9
Main-level bedrooms
1

Exterior

Patio and porch
CoveredDeck
Construction
Aluminum SidingStone
Foundation
Crawl Space
Style
Traditional
Parking and garage
Attached
Fencing
Full
Other equipment
Sump Pump

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

HOA fee
$350 / annually
Lot features
Mature TreesSee Remarks

Schools

High school
Carmel High School
School district
Carmel Clay Schools

Taxes

Estimated annual tax
$3,868 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,826per month, estimated
Principal and interest $2,314Property tax $322Insurance $161HOA $29
20% · $91,800
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$459,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.