NOT LISTED FOR SALE

493 E 116th St Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $308,000 - $355,000

3 Beds
2 Baths
1,332 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $180,000 $135 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,952/month

5 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Garage
  • Creekside Middle School Rated A+

About This Home

As of May 2018

Just move in to this newly rehabbed all brick 4br/2 full bath home. Newer roof, gutters, furnace, water heater. New kitchen cabinets.
Gleaming hardwoods throughout. Both baths are brand new. City water.

Last Agent to Sell the Property

Tim Catton

Neu Real Estate Group License #RB14040480 Listed on: 03/23/2018

Last Buyer's Agent

Jennifer Marlow

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,434

Year Built

  • Built in 1964

Lot Details

  • 0.4 Acre Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,332 Sq Ft Home
  • Window Screens
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Northern Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291302201003000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,434

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1964
  • Garage Y N: Yes
  • Lot Size Acres: 0.4
  • Subdivision Name: NORTHERN HEIGHTS
  • Inspection Warranties: Other
  • Property Description: Just move in to this newly rehabbed all brick 4br/2 full bath home. Newer roof, gutters, furnace, water heater. New kitchen cabinets. Gleaming hardwoods throughout. Both baths are brand new. City water.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, MicroHood, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some
  • Living Area: 1332
  • Other Equipment: Smoke Detector
  • Room Count: 3
  • Eating Area: Breakfast Bar,Dining Combo/Family Room,Dining Combo/Kitchen,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1332
  • Main Level Sq Ft: 1332
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1332
  • Below Grade Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 291302201003000018
  • Acres: 1/4-1/2 Acre
  • Lot Number: 3
  • Lot Size: 17,424

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2434
  • Semi Annual Property Tax Amt: 1217
  • Tax Exemption: None

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
May 3, 2018
Sold by
Scheker Luis A
Bought by
Sonia Rahman
Seller's Agent
Tim Catton
Neu Real Estate Group
Buyer's Agent
Jennifer Marlow
Trueblood Real Estate
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$338,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,227
Avg. Annual Appreciation
8.51%
Original Mortgage
$135,000
Outstanding Balance
$115,875
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$222,352

Purchase Details

Closed on
Jun 11, 2015
Sold by
Corredor Maria M
Bought by
Scheker Luis A

Purchase Details

Closed on
Jun 14, 2006
Sold by
Zhao Yujian
Bought by
Corredor Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Dortch Eric
Bought by
Zhao Yujian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Cooper Bradley Q and Cooper Sarah L
Bought by
Dortch Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sonia Rahman $180,000 --
Rahman Sonia $180,000 Chicago Title Co Llc
Scheker Luis A -- None Available
Corredor Maria M -- Nations Title Agency
Zhao Yujian -- --
Dortch Eric -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Sonia $135,000
Previous Owner Corredor Maria M $100,000
Previous Owner Zhao Yujian $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2018 05/03/18 Sold $180,000 -2.7% $135 / Sq Ft
03/23/2018 03/23/18 For Sale $185,000 -- $139 / 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 $2,415 $238,600 $75,900 $162,700
2023 $2,354 $238,600 $75,900 $162,700
2022 $2,766 $253,300 $55,900 $197,400
2021 $2,558 $236,900 $55,900 $181,000
2020 $1,827 $182,600 $55,900 $126,700
2019 $1,716 $175,500 $54,800 $120,700
2018 $1,069 $130,400 $35,500 $94,900
2017 $2,501 $123,300 $35,500 $87,800
2016 $2,434 $117,100 $35,500 $81,600
2014 $2,280 $116,500 $35,500 $81,000
2013 $2,280 $113,200 $35,500 $77,700
Source: Public Records

Agents Affiliated with this Home

  • Tim Catton

    Seller's Agent in 2018

    Tim Catton

    Neu Real Estate Group

    (317) 696-1139

    16 Total Sales

    Tim Catton
    Section Image

  • J

    Buyer's Agent in 2018

    Jennifer Marlow

    Trueblood Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21554287

MIBOR Broker Listing Cooperative®

APN: 29-13-02-201-003.000-018

Indiana Hamilton County Carmel 46032 Downtown Carmel

493 E 116th St, Carmel, IN

Not Listed for Sale

Detached

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