121 E Small St, Carmel, IN 46032
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Property image
OFF MARKET

121 E Small St
Carmel, IN 46032

  • 2 Beds
  • 2 Baths
  • 1,200 sqft

$489,700

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,970/mo*
Refinance Your Home

$489,700

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,970/mo*
Refinance Your Home
2 Beds
2 Baths
1,200 sqft

Home Value

Trulia Estimate
$490K
Since last month
Increased$2K (+0.4%)
Since last year
Decreased$19K (-3.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -3% in the last 10 years
MonthEstimated value
2026
August 2026$490K
July 2026$486K
June 2026$488K
May 2026$489K
April 2026$494K
March 2026$484K
February 2026$483K
January 2026$474K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
231 1st Ave NE, Carmel, IN
0.13
Single-Family Home
$615,000
12/03/25
3
1.5
1,818
64 Rogers Rd, Carmel, IN
0.64
Single-Family Home
$342,500
08/22/25
2
2
1,352
230 1st Ave SE, Carmel, IN
0.44
Single-Family Home
$485,000
12/05/25
2
1
996
431 W Main St, Carmel, IN
0.52
Single-Family Home
$850,000
10/15/25
2
2
2,502
21 Blairsden Ave, Carmel, IN
0.56
Single-Family Home
$435,000
08/07/26
3
2
1,524
449 Emerson Rd, Carmel, IN
0.60
Single-Family Home
$485,000
06/22/26
3
1.5
1,044
475 Emerson Rd, Carmel, IN
0.64
Single-Family Home
$349,900
11/12/25
3
1.5
1,200
131 Blairsden Ave, Carmel, IN
0.60
Single-Family Home
$425,000
11/17/25
3
2
1,400
728 E Main St, Carmel, IN
0.55
Single-Family Home
$470,000
02/13/26
3
2
1,664
317 2nd Ave NE, Carmel, IN
0.10
Single-Family Home
$1,275,000
12/01/25
4
3.5
4,743

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
317 2nd Ave NE, Carmel, IN 46032
0.10
$1,275,000
4
3.5
4,743
Recently Sold
21 5th St NE, Carmel, IN 46032
0.07
$624,500
2
1
1,344
Off Market
310 1st Ave NE, Carmel, IN 46032
0.11
$566,500
3
1.5
2,641
Off Market
231 1st Ave NE, Carmel, IN 46032
0.13
$615,000
3
1.5
1,818
Recently Sold
307 E Small St, Carmel, IN 46032
0.09
$2,275,000
5
4.5
5,831
Recently Sold
611 1st Ave NE, Carmel, IN 46032
0.07
$559,500
2
1
1,000
Off Market
550 2nd Ave NE, Carmel, IN 46032
0.07
$1,245,900
4
4.5
3,632
Off Market
321 N Rangeline Rd, Carmel, IN 46032
0.13
$1,050,000
4
3
-
Recently Sold
620 2nd Ave NE, Carmel, IN 46032
0.08
$1,138,700
4
3.5
4,024
Off Market
210 2nd Ave NE, Carmel, IN 46032
0.15
$514,600
2
1
1,716
Off Market
231 N Rangeline Rd, Carmel, IN 46032
0.16
$567,000
2
1
-
Off Market
650 1st Ave NE, Carmel, IN 46032
0.12
$725,800
3
3
2,388
Off Market

Local Information

  • Map ViewExplore the area around 121 E Small St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,200 sqft
Price/Sqft
$408

About this House

Luxury Designer Bungalow in the Heart of Carmel Arts District

Experience upscale living in this beautifully updated, high-end bungalow located just a 5-minute walk from Main Street in the vibrant Carmel Arts District. Every detail of this designer-furnished home has been carefully curated to offer both comfort and style.

Enjoy walkable access to award-winning restaurants, boutique shops, art galleries, and year-round events. The Monon Trail is just steps away, providing easy access to other Carmel destinations and beyond.

Perfect for professionals, creatives, or anyone seeking an elevated lifestyle in one of Carmel's most sought-after neighborhoods.

The property has a few options

1. Furnished for $3,999 / month

2. Unfurnished is less desirable and price would need to be discussed
121 E Small St, Carmel, IN 46032 is a 2 bedroom, 2 bathroom, 1,200 sqft single-family home. More recently, it was listed as a rental in July 2025 with an asking price of $3,999 per month. That rental listing was removed on July 23, 2025. It is currently off market. The Trulia Estimate is $489,700, with a rent estimate of $2,186/month.

Home Details for 121 E Small St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood
Room & Shared Space
Shared space is furnished

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached Off Street, On Site

Price and Tax history

DateEventPrice
Jul 23, 2025
Source: Zillow Rentals
ListingRemoved
$3,999
Jul 9, 2025
Source: Zillow Rentals
Listed For Rent
$3,999
Mar 24, 2024
Source: Zillow Rentals
ListingRemoved
Jan 20, 2024
Source: Zillow Rentals
Listed For Rent
$3,999
Nov 20, 2023
Source: Zillow Rentals
ListingRemoved

Market trends in Carmel

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$614K
$49.41KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$200
$7MoM
Available listings
321
5MoM
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Around this home

What Locals Say about Carmel

At least 576 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 91 % Say it's dog friendly

  • 87 % Say parking is easy

  • 87 % Say there are sidewalks

  • 81 % Say there's holiday spirit

  • 79 % Say it's quiet

  • 78 % Say people would walk alone at night

  • 77 % Say yards are well-kept

  • 76 % Say kids play outside

  • 64 % Say streets are well-lit

  • 57 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 51 % Say there's wildlife

  • 50 % Say it's walkable to restaurants

  • 46 % Say there are community events

  • 30 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Hilton Jr
    "Gets busy during the summer & holidays! "
    0
    Flag
  • Alex D.j.
    "Family friendly , mature greenery, really good community of neighbors and city vibe. Close to shopping and restaurants, venues and midtown "
    0
    Flag
  • Alex D.j.
    "Taking bike rides, pickleball games, walking in Monoon trail. Live music in the summer, parks and recreation areas including Main Street restaurants and small boutiques"
    0
    Flag
  • Mikaydevore
    "Lots of parks and very kid friendly throughout town even nature parks have stuff built in for kids as well as downtown Carmel areas very family friendly "
    0
    Flag
  • Mikaydevore
    "Best school system in the state and extremely safe area also lots of areas around town and in the community built in for kids to play and be involved just as involved as the adults. It is a very family forward community. "
    0
    Flag
  • Cornelius Brown
    "It’s a beautiful area to live in and raise a family in. The school corporation is top tier and the athletic programs they have is high level. Great place to live. "
    0
    Flag
  • Daredevil12987
    "Food Truck Friday nights, Arts District with lots of fun stores and the Monon Trail and Cris kindle "
    0
    Flag
  • Oliver Wenck
    "Good community, good trails and parks, not very walkable and not very diverse. Clean and safe, but lacking nightlife. "
    0
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  • Alex clifford
    "There are tons of places to walk the dog living so close to the monon. Minutes from downtown carmels food and entertainment "
    0
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  • Oliver Wenck
    "Yes dog owners are welcome and there is plenty of space to walk them as long as they are on a leash. "
    0
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  • Wxd8wftqqb
    "There is a dog park in our development and plenty of walking areas. The community is dog friendly and considering townhouse living you can feel like you are walking in a country setting pretty quickly"
    0
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  • Trulia User
    "This is a great, clean and very safe area to live. Most people are friendly and there are lots of free activities for kids "
    0
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  • Brian Wise
    "Good school. Good place to live. Safe. Housing is becoming expensive. Continues to grow. No low end housing. "
    0
    Flag
  • Dameon Thomas
    "I’m not certain, over 80% of neighbors have dogs. Only issue would be to clean up after your dog, other than that Shall be good "
    0
    Flag
  • Khan's
    "Carmel is awesome and safe. Schools are the best, safe & very high standards. Roads are very well maintained "
    0
    Flag
  • Grey Young
    "Nice friendly people unless you have a pit bull looking dog then people think it’s dangerous because the preconceived notions the breed gets anywhere."
    0
    Flag
  • Trulia User
    "people are walking dogs all the time..there doesn't seem to be a problem..neighbors are friendly, will wave or say hello. it is a quiet neighborhood, houses are maintained and all animals are welcome."
    0
    Flag
  • Aharden_0477
    "We have EASTER EGG HUNT yearly, Halloween trick or treating, different clubs you can join, food trucks in the summer, and the pool opening party."
    0
    Flag
  • Davis.smith
    "Community get togethers almost every month. Swimming meets, Halloween costume contests, neighborhood garage sales. "
    1
    Flag
  • Yelj1978
    "Farmers market is walkable. Everything is in walking distance. Best neighbors and they all watch out for each other. "
    4
    Flag
  • Us
    "Beautiful town, wonderful people and the schools are superb! Lots of parks and neighborhood events and a charming downtown area that is great for the whole family."
    2
    Flag
  • Donna.tierney3
    "Everyone seems to have a dog and walk them often! We’re only allowed 2 dogs in my condo but people who own their own homes often have three and have fenced in yards for dogs to play in. We also have a dog park in Carmel."
    2
    Flag
  • Sahilrai02
    "Carmel is a very spacious and dog friendly suburb. It's great to live here. I would recommend this city! "
    0
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  • Nicole &. C. S. .
    "Carmel is definitely the best city I’ve ever lived in! It has the most amazing school system and I’ve literally experienced zero crime since being here. I can let my girls walk on the Monon trail throughout Carmel and not worry about them and my eight-year-old can ride her bike up and down our street with no fear of anything happening to her! I would never ever leave Carmel! And neighbors are the best definitely look out for one another! "
    7
    Flag
  • Lauren A. C.
    "Many we’ll maintained walking paths and trails, excellent school district, regular community events, family friendly"
    0
    Flag
  • AnnaClaire M
    "Car required, little traffic, can get most places quickly and easily, no public transit but lots of bike trails, good roads and quick interstate access"
    1
    Flag
  • Nicole &. C. S. .
    "Extremely safe and feel at ease letting my 8yr old play outside ! Never ever had any issues what so ever w crime. Super close to any and everything u could possibly need as far as shopping etc.. the schools are best in the state and teachers are amazing,also right on the monon trail almost anywhere in Carmel u live is a few min walk to the trail which is also very safe ! Our neighborhood has block parties and holiday parties ! Would highly recommend anyone to move here. Only negative is that it’s of course quite costly to live here but I guess if u couldn’t afford it u wouldn’t be here looking into moving here!! "
    2
    Flag
  • Austin H.
    "It’s nice for raising a family. Schools are good. People are nice. It’s clean. I’m not sure what else to say. "
    1
    Flag
  • Ellie.vaughn528
    "My neighborhood is family friendly, with parks, the Monon, and plenty of restaurants and shops. I love it here!"
    0
    Flag
  • Madison K.
    "Great parks and libraries, the best public schools in the Midwest, and very safe community. I would have no issues letting my kids play outside late or biking far distances as this is a very family focused community. Farmers market on weekends. And lots of amazing restaurants and wineries. Also great holiday events and festivals such as forth of July celebrations and annual street art festivals with vendors. "
    0
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  • Caleb R.
    "quick access to 465 and 31 traffic as usual in the Indianapolis area ................................."
    0
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  • Ebony M.
    "I moved from Los Angeles; so what they call traffic here is cute! It is a lot of side streets. The main problem is that Hoosiers love to run red lights because of no traffic cameras, it’s annoying. "
    0
    Flag
  • Hrhcece@sbcglobal.net
    "Friendly, lots of kids make it feel family oriented. Neighbors look out for one another. Yards are well kept"
    0
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  • Connor H.
    "I’ve lived here my whole life. The area is beautiful and a wonderful place to raise a family. 100% recommend you will make amazing memories here."
    2
    Flag
  • Howard G.
    "The traffic is horrible and construction is nonstop. Indy has 1 million people but one beltway around the city that is full of potholes, debris on shoulders, and roadway too small to handle growth and commute from Carmel and Fishers into Indy."
    1
    Flag
  • Taylor N.
    "Born and raised. Great community. A lot of nice people, restaurants and local bars. Fun environment and keeps on growing. Excited to see what it will be like in the next year! Hopefully not anymore roundabouts LOL"
    1
    Flag
  • Trulia User
    "I have lived here for 2 years and love it. everything is conveniently located, it's a family friendly, safe well maintained neighborhood. "
    0
    Flag
  • Arwen A.
    "I have lived in Carmel for 6 years. It is an awesome and safe place to live and raise a family. There are many organized community events planned throughout the year from the year-round Carmel Farmer’s Market, activities in the Carmel Arts and Design district, the holiday Christkindlmarket and winter ice skating at Center Green, there is always something to do."
    0
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  • Lopj215
    "I love this community it’s very safe . I live close by the Monon trail and I love it . I take my son bike riding and everyone is so kind ... it’s a grate place to raise children ❤️"
    0
    Flag
  • Ruth C.
    "The front of our houses face each other with green space in between. All garages are in the back of the homes with a alley. The house are laid out in rows of three or four. "
    1
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

93 pet-friendly rentals in Carmel, IN

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

35 rentals with an outdoor space in Carmel, IN

Homes for sale near 121 E Small St

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Off Market Homes Near 121 E Small St

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Frequently asked questions about 121 E Small St

  • What is 121 E Small St estimated to be worth?
    Trulia's estimated value for 121 E Small St in Carmel, IN is $489,700.
  • Is Carmel a buyer's or seller's market?
    Carmel is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Carmel?
    The median sale price in Carmel is $614K. That is up $49.41K from the prior month.
  • What do residents say about Carmel?
    Residents describe Carmel, IN as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Carmel, IN.
  • Does 121 E Small St have air conditioning?
    Yes, 121 E Small St in Carmel, IN has air conditioning.
  • Does 121 E Small St have laundry facilities?
    Yes, 121 E Small St in Carmel, IN has in-unit laundry.