NOT LISTED FOR SALE

1225 E 116th St Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $491,000 - $1,449,000

7.23 Acres
$146,617 Price per Acre
314,721 Sq Ft Lot

Last Sold July 27, 2017

Last sale price $619,500 $180 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,609/month

About This Lot

As of July 2017

This home is located at 1225 E 116th St, Carmel, IN 46032 since 27 July 2017 and is currently estimated at $1,059,307, approximately $308 per square foot. 1225 E 116th St is a home located in Hamilton County with nearby schools including Forest Dale Elementary School, Carmel Middle School, and Carmel High School.

Last Agent to Sell the Property

Brian Maire

United Real Estate Indpls License #RB14050662 Listed on: 07/27/2017

United Real Estate Indpls

Last Buyer's Agent

Dick Richwine

Berkshire Hathaway Home License #RB14006231

Berkshire Hathaway Home

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,886

Lot Details

  • 7.23 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 291301000007000018

Property Details

Property Type

Land

Est. Annual Taxes

$3,886

Lot Details

0

Listing Details

  • Type: Undeveloped,SeeRemarks
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2015
  • Lot Size Acres: 7.225
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 625000
  • Topography: SeeRemarks
  • Road Access: CityStreet
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: 0

Lot Info

  • Development Status: See Remarks
  • Parcel Number: 291301000007000018
  • Zoning: r-1
  • Acres: 5-10 Acres
  • Lot Number: 0
  • Lot Size: 7.225
  • Improvements: SeeRemarks
  • Land Characteristics: City,Irregular Lot,On Pond,Suburban
  • Potential Zoning: Planned Development,See Remarks
  • Present Zoning: Single Family,See Remarks
  • Price Acre: 86505
  • Divisible: 0

Tax Info

  • Tax Annual Amount: 3886
  • Semi Annual Property Tax Amt: 1943
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Reymer Jeremy J and Reymer Wendy L
Bought by
Swinley Forest Llc
Current Estimated Value
$1,059,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,147,500
Outstanding Balance
$1,136,809
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
-$77,502

Purchase Details

Listed on
Jul 27, 2017
Closed on
Jul 25, 2017
Sold by
Hanna Inc
Bought by
Reymer Jeremy J and Reymer Wendy L
Seller's Agent
Brian Maire
United Real Estate Indpls
Buyer's Agent
Dick Richwine
Berkshire Hathaway Home
List Price
$625,000
Sold Price
$619,500
Premium/Discount to List
-$5,500
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$531,250
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2004
Sold by
Hanna Galil A
Bought by
Hanna Inc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Swinley Forest Llc $1,100,000 None Listed On Document
Reymer Jeremy J -- New Hope Title
Hanna Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swinley Forest Llc $1,147,500
Previous Owner Reymer Jeremy J $531,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $619,500 -0.9% $180 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $625,000 -- $182 / 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 $10,173 $504,600 $504,600 --
2023 $10,173 $504,600 $504,600 $0
2022 $6,551 $317,600 $317,600 $0
2021 $6,582 $317,600 $317,600 $0
2020 $12,478 $317,600 $317,600 $0
2019 $3,022 $246,300 $246,300 $0
2018 $2,997 $246,500 $246,500 $0
2017 $4,942 $222,000 $97,100 $124,900
2016 $4,134 $201,800 $97,400 $104,400
2014 $3,886 $201,600 $97,700 $103,900
2013 $3,886 $197,800 $96,900 $100,900
Source: Public Records

Agents Affiliated with this Home

  • Brian Maire

    Seller's Agent in 2017

    Brian Maire

    United Real Estate Indpls

    (317) 216-8800

    6 in this area

    225 Total Sales

    Brian Maire
    Section Image
  • Dick Richwine

    Buyer's Agent in 2017

    Dick Richwine

    Berkshire Hathaway Home

    (317) 558-6900

    5 in this area

    429 Total Sales

    Dick Richwine
    Section Image

  • J

    Buyer Co-Listing Agent in 2017

    Jim Stone

    Berkshire Hathaway Home

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21502912

MIBOR Broker Listing Cooperative®

APN: 29-13-01-000-007.000-018

Indiana Hamilton County Carmel 46032 Downtown Carmel

1225 E 116th St, Carmel, IN

This home is located at 1225 E 116th St, Carmel, IN 46032 since 27 July 2017 and is currently estimated at $1,059,307, approximately $308 per square foot. 1225 E 116th St is a home located in Hamilton County with nearby schools including Forest Dale Elementary School, Carmel Middle School, and Carmel High School.

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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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