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116 3rd Ave; Carmel, IN Property Details

116 3rd Ave, Carmel, IN is a Condominium that was built in 2017. This property is currently Financed and is not for sale. Our records show that 116 3rd Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 2,472 square feet. The lot size of 116 3rd Ave is 871 square feet.

Off market
116 3rd Ave NW Carmel, IN 46032
$550,000 Listing Price
3 Beds
2.5 Baths
2,472 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2017
  • Purchase Price: $550,000
  • Open Loans / Balance: 1 / $392,240
  • Est. Equity / %: $294,760 / 42.91%
  • Gross Yield: 7.286%
  • APN: 29-09-25-203-019.004-018
  • Situs County: Hamilton
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 3
  • Building Condition: Average
  • Building Quality: A
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 2,472/SqFt
  • Lot: 871/SqFt
  • Gross: 3,528/SqFt
  • Garage: 1,056/SqFt
  • Living: 2,472/SqFt
  • Building: 3,528/SqFt
  • Ground: 2,472/SqFt
  • Garage Unfinished: 528/SqFt
  • Price Per Square Foot: $222.49

Legal Description

  • Description: ACREAGE .00, SECTION 25, TOWNSHIP 18, RANGE 3, MONON RESERVE, SQUARE FEET (CONDO) 1,017.00, UNIT 4, % OF COMMON AREA
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Carmel Clay Schools
  • Lat / Lon: 39.979492 / -86.13144
  • Subdivision: Monon Reserve
  • Property Class: Residential
  • County Use Code: 550

Amenities

  • Plus Four: 1732
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 4

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Monthly
  • H O A One Type: Condo  Owner Association

Ownership Info

116 3rd Ave NW has no associated ownership info
116 3rd Ave NW has no associated ownership info.

Taxes

116 3rd Ave NW has 10 associated Taxes items

116 3rd Ave, Carmel, IN pays taxes in Hamilton County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $602,400. The APN we've located for 116 3rd Ave is 29-09-25-203-019.004-018.

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Taxes
  • Assessed Value:  $602,400
  • Assessed Year:  2025
  • Assessed County:  Hamilton
  • APN:  29-09-25-203-019.004-018
  • Assessed Land Value:  86000
  • Market Land Value:  86000
  • Tax Amount:  5537.38
  • Tax Year:  2024
  • Market Value:  602400
  • Market Year:  2025

Tax History

116 3rd Ave NW has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $602,400 Land Value $86,000 Improvement Value $516,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,537.38 Change Rate +0.143038% Assessed CR Tax Rate
Year 2023 Assessed Value $448,500 Land Value $86,000 Improvement Value $362,500 Tax Amount $4,844.44 Change Rate +0.049762% Assessed CR Tax Rate +0.010801%
Year 2022 Assessed Value $405,900 Land Value $86,000 Improvement Value $319,900 Tax Amount $4,614.8 Change Rate +0.076268% Assessed CR Tax Rate +0.011369%
Year 2021 Assessed Value $380,400 Land Value $86,000 Improvement Value $294,400 Tax Amount $4,287.78 Change Rate +0.08756% Assessed CR Tax Rate +0.011272%
Year 2020 Assessed Value $375,500 Land Value $86,000 Improvement Value $289,500 Tax Amount $3,942.57 Change Rate -0.483826% Assessed CR Tax Rate +0.0105%
Year 2019 Assessed Value $371,700 Land Value $69,000 Improvement Value $302,700 Tax Amount $7,638.06 Change Rate Assessed CR Tax Rate +0.020549%
Year 2018 Assessed Value $374,800 Land Value $69,000 Improvement Value $305,800 Tax Amount Change Rate Assessed CR Tax Rate