After six months on the market and several price cuts, a house designed by Hoosier legend Avriel Shull sold for $505,000.
The 3,941-square-foot residence near Carmel’s Arts & Design District originally listed for $699,900 when it went on the market in March, then was lowered to $649,000. When the price came down to $579,000 a few weeks ago, it prompted multiple offers in less than 24 hours.
Given its uniqueness, the 5BR/4BA was a tough property to comp out, admits listing agent Nina Klemm, adding the house also needed substantial work. “Rehabbing it the way a buyer wants it, just in the feedback I’ve been hearing with the showings, that sweet spot was under $600,” Klemm says.
The house, which was built in 1967, was one of Shull’s later designs. It features a hand-carved front door, a floating staircase, arched doorways, and original woodwork. A walk-out basement includes in-law quarters and a pub with a wood-burning fireplace. The house sits on three rolling, wooded acres with a creek running through the property.
At closing, the buyer received the house’s original blueprints, signed by Shull.
Missed out on this midcentury? Try this option at 775 E. 96th St., which has a similar style and a comparable wooded lot, but comes in at a lower price point.