NOT LISTED FOR SALE

1225 E 116th St Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $901,000 - $1,500,000

7.23 Acres
$166,581 Price per Acre
314,721 Sq Ft Lot

Sale Details

Date Sold: July 27, 2017

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

Est. 94% increase in value since last sale

Current estimated payment $7,448 / mo

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 $1,203,548, approximately $350 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

Berkshire Hathaway Home

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,886

Lot Details

  • 7.23

Additional Features

  • 7.23 Acre Lot
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Assessor Parcel Number 291301000007000018

Property Details

Property Type

Land

Est. Annual Taxes

$3,886

Lot Details

7.23 Acres

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
  • 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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Bought by
Current Estimated Value
$1,203,548

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
Interest Rate
0.0647%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2017
Closed on
Jul 25, 2017
Sold by
Bought by
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
7.63%
Original Mortgage
$531,250
Interest Rate
0.0391%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- New Hope Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,147,500
Previous Owner $531,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,080 $504,600 $504,600
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

    8 in this area

    181 Total Sales

    Brian Maire
    Section Image

  • D

    Buyer's Agent in 2017

    Dick Richwine

    Berkshire Hathaway Home

    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

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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