NOT LISTED FOR SALE

1011 W 116th St Carmel, IN 46032

West Carmel Neighborhood

Estimated Value: $2,465,000 - $2,720,016

6 Beds
9 Baths
11,031 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $2,300,000 $209 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $16,307/month

12 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Family Room with Fireplace
  • Creekside Middle School Rated A+
  • 3.76 Acre Lot
  • Vaulted Ceiling

About This Home

As of August 2022

Fall in love with the most prestigious address and beautiful acreage in Indiana. Overlooking meandering Williams Creek and bordered by the top Indiana estates, 1011 116th is a private gated retreat featuring a myriad of highly desirable amenities. The exterior features include tennis court with nighttime lighting, over-sized gunite pool, separate whirlpool/spa, spacious multi-tiered deck and screened porch with beautiful westerly views. Main and upper levels offer a gourmet chef's kitchen, grand great room, bedroom en-suites with walk-in closets and stunning exterior views. Walk-out lower level with unmatched theatre room, work-out room, indoor sport/basketball court & bar. Elevator services on every level. A one-of-a-kind Carmel property.

Last Agent to Sell the Property

James Schlueter

Encore Sotheby's International Listed on: 06/15/2022

Last Buyer's Agent

Ahmad Saltagi

Real Estate 360

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,648

Year Built

  • Built in 2001

Lot Details

  • 3.76 Acre Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Recreation Room with Fireplace

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Lookout

Home Security

  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Tennis Courts

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • Tennis Courts

Listing and Financial Details

  • Assessor Parcel Number 291303000003000034

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,648

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2001
  • Building Area Total: 11031
  • Garage Y N: Yes
  • Lot Size Acres: 3.76
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk Out, Daylight/Lookout Windows
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Ice Maker, Trash Compactor, Double Oven
  • Levels: Two
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bathrooms: 9
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Great Room, Recreation Room
  • Fireplaces: 3
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wet Bar
  • Other Equipment: Elevator Private, Security Alarm Monitored, Smoke Detector, Sump Pump, Theater Equipment, WetBar
  • Areas Interior: Foyer Large
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 6070
  • Main Level Sq Ft: 3874
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 2
  • Master Bedroom Description: Closet Walk in,Sinks Double,Suite,Tub Full with Separate Shower,Tub Whirlpool
  • Kitchen Features: Breakfast Bar,Center Island,Pantry WalkIn
  • Below Grade Sq Ft: 4961
  • Upper Level Sq Ft: 2196
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: In Ground Pool, Irrigation System, Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • List Price: 2650000
  • Association Maintained Building Exterior: 0
  • Porch: Multiple Decks,Screened in Porch

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Dual, Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 291303000003000034
  • Acres: 3-5 Acres
  • Lot Information: Creek On Property,Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 159,865 Sqft

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 23648
  • Semi Annual Property Tax Amt: 11824
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 10, 2022
Sold by
Kingdon Offenbacker
Bought by
Khalaf Khadija and Saltagi Ahmad
Seller's Agent
James Schlueter
Encore Sotheby's International
Buyer's Agent
Ahmad Saltagi
Real Estate 360
List Price
$2,650,000
Sold Price
$2,300,000
Premium/Discount to List
-$350,000
-13.21%
Current Estimated Value
$2,596,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,672
Avg. Annual Appreciation
4.02%

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jul 16, 2014
Sold by
Caito James A and Caito Dagmar
Bought by
Offenbacker Kingdon
Seller's Agent
Bif Ward
F.C. Tucker Company
Buyer's Agent
James Schlueter
Encore Sotheby's International
List Price
$2,199,900
Sold Price
$1,900,000
Premium/Discount to List
-$299,900
-13.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$190,000
Interest Rate
4.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 5, 2002
Sold by
Caito James A and Caito Dagmar
Bought by
Caito James A and Caito Dagmar

Purchase Details

Closed on
Oct 17, 2000
Sold by
Gross Howard I and Gross Kathy J
Bought by
Caito James A and Caito Dagmar
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khalaf Khadija $2,300,000 Fidelity National Title
Offenbacker Kingdon -- None Available
Caito James A -- --
Caito James A -- Mid America Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Offenbacker Kingdon $955,500
Previous Owner Offenbacker Kingdon $190,000
Previous Owner Offenbacker Kingdon $1,425,000
Previous Owner Caito James A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $2,300,000 -13.2% $209 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $2,650,000 +39.5% $240 / Sq Ft
07/16/2014 07/16/14 Sold $1,900,000 -13.6% $172 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $2,199,900 -- $199 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,236 $2,040,900 $517,000 $1,523,900
2023 $26,251 $2,040,900 $517,000 $1,523,900
2022 $22,213 $1,670,900 $517,000 $1,153,900
2021 $23,634 $1,802,600 $517,000 $1,285,600
2020 $19,046 $1,402,300 $517,000 $885,300
2019 $18,990 $1,402,300 $517,000 $885,300
2018 $18,886 $1,417,000 $517,000 $900,000
2017 $18,029 $1,344,900 $517,000 $827,900
2016 $19,941 $1,521,800 $517,000 $1,004,800
2014 $19,631 $1,561,800 $488,000 $1,073,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    James Schlueter

    Encore Sotheby's International

    Section Image

  • A

    Buyer's Agent in 2022

    Ahmad Saltagi

    Real Estate 360

    Section Image
  • Bif Ward

    Seller's Agent in 2014

    Bif Ward

    F.C. Tucker Company

    (317) 590-7871

    134 in this area

    479 Total Sales

    Bif Ward
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Casey Ward-Lewis

    F.C. Tucker Company

    (317) 843-7766

    39 in this area

    113 Total Sales

    Casey Ward-Lewis
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21863326

MIBOR Broker Listing Cooperative®

APN: 29-13-03-000-003.000-018

Indiana Hamilton County Carmel 46032 West Carmel

1011 W 116th St, Carmel, IN

This home is located at 1011 W 116th St, Carmel, IN 46032 since 15 June 2022 and is currently estimated at $2,596,672, approximately $235 per square foot. This property was built in 2001. 1011 W 116th St is a home located in Hamilton County with nearby schools including Creekside Middle School, Carmel High School, and Peter Rabbit School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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