2501 W 116th St Carmel, IN 46032
West Carmel NeighborhoodEstimated payment $4,836/month
Highlights
- 3 Acre Lot
- Mature Trees
- Wood Flooring
- Towne Meadow Elementary School Rated A+
- Traditional Architecture
- No HOA
About This Home
Rare 2.77-acre wooded estate lot in the heart of Carmel! Positioned on prestigious West 116th Street, this remarkable property offers an exceptional opportunity to build a luxury residence in one of Carmel's most sought-after locations. Nestled among mature trees and set far off the road, the setting provides unmatched privacy while being minutes from the Monon Trail, downtown Carmel, award-winning parks, restaurants, and all the amenities the city is known for. The existing home and barn are included as-is, with the true value found in the land itself-its generous acreage, prime Carmel proximity, and its exceptional potential for a luxury custom build. With 2.77 acres, the possibilities are expansive: create your dream home with room for a pool, extensive outdoor living, gardens, or any vision your lifestyle demands. Estate-style lots of this size, privacy, and location are increasingly rare. A perfect opportunity to create a one-of-a-kind retreat, tucked away yet close to everything Carmel has to offer. Listed and Pended.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,530
Year Built
- Built in 1960
Lot Details
- 3 Acre Lot
- Mature Trees
- Wooded Lot
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Fixer Upper
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2-Story Property
- Paddle Fans
- Family Room with Fireplace
- Breakfast Room
- Unfinished Basement
- Sump Pump
- Laundry on main level
Kitchen
- Eat-In Country Kitchen
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Attic
- Attic Access Panel
- Permanent Attic Stairs
Home Security
- Security System Owned
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
Schools
- Carmel High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Power Generator
- Private Water Source
- Well
Community Details
- No Home Owners Association
- 116 Towns Subdivision
Listing and Financial Details
- Tax Lot Metes & Bounds
- Assessor Parcel Number 291305000006000018
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,515 | $406,500 | $198,000 | $208,500 |
| 2023 | $4,530 | $368,700 | $160,200 | $208,500 |
| 2022 | $4,366 | $328,200 | $160,200 | $168,000 |
| 2021 | $4,025 | $302,700 | $158,400 | $144,300 |
| 2020 | $4,090 | $307,500 | $158,400 | $149,100 |
| 2019 | $3,753 | $285,100 | $136,000 | $149,100 |
| 2018 | $3,717 | $285,100 | $136,000 | $149,100 |
| 2017 | $3,572 | $275,300 | $136,000 | $139,300 |
| 2016 | $3,620 | $275,900 | $136,000 | $139,900 |
| 2014 | $2,994 | $242,400 | $104,000 | $138,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | Pending | -- | -- | -- |
| 12/05/2025 12/05/25 | For Sale | $850,000 | -- | $234 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $67,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22075887
APN: 29-13-05-000-006.000-018
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