NOT LISTED FOR SALE

Estimated Value: $1,210,000 - $1,372,000

3.11 Acres
$416,510 Price per Acre
135,472 Sq Ft Lot

Last Sold September 07, 2021

Last sale price $995,000 $187 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,396/month

91 Days on Market

About This Lot

As of September 2021

One of Carmel's most distinguished addresses - West 116th Street. Similar Estate properties surround the 3-acres. The design and site development opportunities are near limitless. Possibly the last opportunity to find a 3+ acre estate home site in the heart of West Carmel. Minutes to everything. Yet, quiet, peaceful, and secluded from the world. One of the last such properties open to your choice of your preferred builder. Property Tax Exemptions may apply based upon Buyer's ultimate use.

Last Agent to Sell the Property

Julie Morton

Morton Homes Realty, Inc. License #RB14022183 Listed on: 04/20/2021

Co-Listed By

David Morton

Morton Homes Realty, Inc. License #RB18001203

Last Buyer's Agent

Sue Lerchen

F.C. Tucker Company

F.C. Tucker Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,380

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$9,380

Lot Details

0

Listing Details

  • Property Type: Land
  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Co List Office Mls Id: MBRCRHR01
  • Co List Office Phone: 317-844-1304
  • Directions: 116th Street west of Springmill Rd. Property is on the south side of the street just east of Clay Center Rd.
  • New Construction: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Road Access: Frontage Road,CityStreet
  • Water: Fees Tap,Municipal Water Near By
  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Cleared,Sloping

Utilities

  • Solid Waste: 0
  • Sewer: Fees Tap, Municipal Sewer Near

Lot Info

  • Acres: 3-5 Acres
  • Lot Number: 1
  • Lot Size: 135,689
  • Improvements: None
  • Land Characteristics: Suburban,Mature Trees
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 319422
  • Soil Type: Clay
  • Development Status: NoStatus
  • Zoning: R1

Tax Info

  • Semi Annual Property Tax Amt: 4690
  • Tax Exemption: None
  • Tax Annual Amount: 9380
  • Tax Year: 2020

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Sep 9, 2021
Sold by
Verble Kathy J
Bought by
Susan L Moore 1995 Trust and Moore
Seller's Agent
Julie Morton
Morton Homes Realty, Inc.
Buyer's Agent
Sue Lerchen
F.C. Tucker Company
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,295,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,347
Avg. Annual Appreciation
6.70%

Purchase Details

Listed on
Apr 20, 2021
Closed on
Sep 6, 2021
Sold by
Verble Kathy J
Bought by
Moore Susan L and Moore William J
Seller's Agent
Julie Morton
Morton Homes Realty, Inc.
Buyer's Agent
Sue Lerchen
F.C. Tucker Company
List Price
$995,000
Sold Price
$995,000

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 24, 2021
Sold by
Atkins Jeanne W and Jeanne W Atkins Declaration Of
Bought by
Verble Kathy J
Seller's Agent
Julie Morton
Morton Homes Realty, Inc.
Buyer's Agent
Julie Morton
Morton Homes Realty, Inc.
List Price
$1,500,000
Sold Price
$950,000
Premium/Discount to List
-$550,000
-36.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Apr 26, 2010
Sold by
Atkins Jeanne W
Bought by
Jeanne W Atkins Declaration Of Revocable
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Susan L Moore 1995 Trust -- None Listed On Document
Moore Susan L -- None Available
Verble Kathy J $950,000 Stewart Title Co
Jeanne W Atkins Declaration Of Revocable -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $995,000 0.0% $187 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $995,000 +4.7% $187 / Sq Ft
02/25/2021 02/25/21 Sold $950,000 -36.7% $178 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $1,500,000 0.0% $282 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,500,000 -- $282 / 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 $18,346 $910,000 $910,000 --
2023 $18,361 $910,000 $910,000 $0
2022 $9,385 $455,000 $455,000 $0
2021 $10,571 $761,000 $455,000 $306,000
2020 $9,402 $659,000 $455,000 $204,000
2019 $9,366 $659,000 $455,000 $204,000
2018 $9,233 $659,000 $455,000 $204,000
2017 $9,081 $646,700 $455,000 $191,700
2016 $14,924 $683,000 $455,000 $228,000
2014 $9,440 $700,900 $455,000 $245,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21775758

MIBOR Broker Listing Cooperative®

APN: 29-13-03-000-028.003-018