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5114 Carvel Avenue, 
Indianapolis, IN 46205

$429,500

3

Beds

2

Baths

2,001

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Paul Gorrell

Crestpoint Real Estate

317-790-4975

Last updated:

June 22, 2026, 01:08 AM

MLS#

22102004

Source:

IN MIBOR

About This Home

5114 Carvel Avenue

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1952

Price Summary

429,500

$214 per Sq. Ft.

MLS #:

22102004

Last Updated:

June 22, 2026, 01:08 AM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,001 Sq. Ft.

Structure

Structure

Architectural Style:

Ranch

Building Area:

2,032 Sq. Ft.

Year Built:

1952

Lot

Lot Size (Sq. Ft):

23,086

Finances & Disclosures

Finances

Price:

$429,500

Price per Sq. Ft:

$214 per Sq. Ft.

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.