NOT LISTED FOR SALE

501 E 116th St Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $334,000 - $379,000

3 Beds
2 Baths
1,790 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 11, 2013

Last sale price $117,000 $65 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,948/month

Highlights

  • Separate Formal Living Room
  • Creekside Middle School Rated A+
  • Eat-In Kitchen

About This Home

As of April 2021

GAS HEAT/CENTRAL AIR. 3 BEDROOM/2 FULL BATHS. SOME PETS ALLOWED. ELECTRIC STOVE AND REFRIGERATOR SUPPLIED. CITY WATER RECENTLY INSTALLED. RENT CREDITS AVAILABLE. SUPER-INSULATED HOME. LOW MAINTENANCE RENTAL. SHORT-TERM LEASE POSSIBLE. LANDSCAPING RENT CREDIT POSSIBLE FOR 12 MONTH TENANT.

Last Agent to Rent the Property

Gerald McKinney

RE/MAX Advanced Realty License #RB14050122 Listed on: 05/24/2002

Last Renter's Agent

Gerald McKinney

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1962

Lot Details

  • 0.34

Interior Spaces

  • Separate Formal Living Room
  • Eat-In Kitchen

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $1,000

Home Details

Home Type

Single Family

Year Built

1962

Lot Details

0

Rental Info

  • Lease Price: 945.00
  • Min Lease Req: 3
  • Pet Deposit: 250
  • Security Deposit: 1000
  • Smoking: 1
  • Lease Termin Months: 12
  • Tenant Pays: All Utilities, Insurance, Lawncare

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Transaction Type: Lease
  • Architectural Style: Ranch
  • Directions: NORTH ON MERIDIAN ST/US 31 TO 116TH STREET. EAST TO HOME. NO SIGN IN YARD. THIS HOME LOCATED AT THE SOUTHEAST CORNER OF 116TH AND RUCKLE.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NORTHERN HEIGHTS
  • Special Features: None
  • Year Built: 1962

Interior Features

  • Appliances: Electric Oven, Refrigerator
  • Areas Interior: Living Room Formal
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 0
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull,Main Level,Bedroom, Split
  • Bathroom Areas: 2.0000
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Screens Complete, Storms Complete
  • Other Equipment: Smoke Detector
  • Owner Pays: Insurance, Taxes

Exterior Features

  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Num Parking Spaces: 0

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Heater: Electric

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Acres: 1/2-1 Acre
  • Lot Number: 7
  • Lot Size: 105X180

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2013
Closed on
Jul 11, 2013
Sold by
Kim Sang
Bought by
Carlos Jennifer H
Seller's Agent
Eric Fox
Buyer's Agent
Angela Delise
Keller Williams Indpls Metro N
List Price
$117,000
Sold Price
$117,000
Current Estimated Value
$348,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,150
Avg. Annual Appreciation
9.09%
Original Mortgage
$111,150
Outstanding Balance
$79,736
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$268,414

Purchase Details

Closed on
Sep 24, 2010
Sold by
Brunson Kumiko S
Bought by
Kim Sang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2010
Sold by
Kumiko Sese Brunson Living Trust
Bought by
Brunson Revocable Living Trust

Purchase Details

Closed on
Jun 3, 2010
Sold by
Godfrey Revocable Living Trust
Bought by
Kumiko Sese Brunson Trust

Purchase Details

Closed on
May 17, 2010
Sold by
Kumiko Sese Brunson Living Trust
Bought by
Godfrey Revocable Living Trust

Purchase Details

Closed on
Mar 8, 2007
Sold by
Brunson Kumiko S
Bought by
Kumiko Sese Brunson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2007
Sold by
Mckinney Gerald E
Bought by
Brunson Kumiko S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2001
Sold by
Aspen Group Llc
Bought by
Mckinney Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carlos Jennifer H -- None Available
Kim Sang -- None Available
Brunson Revocable Living Trust -- None Available
Kumiko Sese Brunson Trust -- None Available
Godfrey Revocable Living Trust -- None Available
Kumiko Sese Brunson Trust -- None Available
Brunson Kumiko S -- Stewart Title
Mckinney Gerald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlos Jennifer H $111,150
Previous Owner Kim Sang $87,200
Previous Owner Brunson Kumiko S $99,600
Previous Owner Mckinney Gerald E $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2021 04/13/21 Rented -- -- --
04/13/2021 04/13/21 Rented -- -- --
03/14/2021 03/14/21 Under Contract -- -- --
03/14/2021 03/14/21 Under Contract -- -- --
07/11/2013 07/11/13 Sold $117,000 0.0% $65 / Sq Ft View Prior Sale
05/10/2013 05/10/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $117,000 0.0% $65 / Sq Ft
05/24/2002 05/24/02 For Rent $975 -7.1% --
02/26/2002 02/26/02 For Rent $1,050 -- --
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 $1,742 $191,700 $79,100 $112,600
2023 $1,777 $191,700 $79,100 $112,600
2022 $1,838 $183,800 $58,300 $125,500
2021 $1,709 $173,600 $58,300 $115,300
2020 $2,918 $139,100 $58,300 $80,800
2019 $2,791 $134,100 $57,100 $77,000
2018 $1,140 $130,900 $37,000 $93,900
2017 $1,037 $123,400 $37,000 $86,400
2016 $1,003 $117,400 $37,000 $80,400
2014 $840 $110,800 $37,000 $73,800
2013 $840 $107,900 $37,000 $70,900
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2021

    Gerald McKinney

    RE/MAX

  • E

    Seller's Agent in 2013

    Eric Fox

  • Lisa Phillips

    Seller Co-Listing Agent in 2013

    Lisa Phillips

    Compass Indiana, LLC

    (317) 219-9277

    12 in this area

    113 Total Sales

    Lisa Phillips
    Section Image

  • A

    Buyer's Agent in 2013

    Angela Delise

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 2224021

MIBOR Broker Listing Cooperative®

APN: 29-13-02-202-001.000-018

Indiana Hamilton County Carmel 46032 Downtown Carmel

501 E 116th St, Carmel, IN

Not Listed for Sale

Detached

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