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497 E 116th St; Carmel, IN Property Details

497 E 116th St, Carmel, IN is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 497 E 116th St has 3 bedrooms, and 2 bathrooms, and a total of 1,512 square feet. The lot size of 497 E 116th St is 17,424 square feet.

Off market
497 E 116th St Carmel, IN 46032
$355,000 Listing Price
3 Beds
2 Baths
1,512 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $448,542
  • Open Loans / Balance: 1 / $331,407
  • Est. Equity / %: $41,593 / 11.15%
  • Gross Yield: 7.155%
  • APN: 29-13-02-201-005.000-018
  • Situs County: Hamilton
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: A
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,512/SqFt
  • Lot: 17,424/SqFt
  • Gross: 1,992/SqFt
  • Garage: 480/SqFt
  • Living: 1,512/SqFt
  • Building: 1,992/SqFt
  • Ground: 1,512/SqFt
  • Price Per Square Foot: $296.65

Legal Description

  • Description: ACREAGE .00, SECTION 2, TOWNSHIP 17, RANGE 3, NORTHERN HEIGHTS, LOT 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Carmel Clay Schools
  • Lat / Lon: 39.95602 / -86.15139
  • Subdivision: Northern Heights
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4525
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

497 E 116th St has no associated ownership info
497 E 116th St has no associated ownership info.

Taxes

497 E 116th St has 10 associated Taxes items

497 E 116th St, 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 $258,300. The APN we've located for 497 E 116th St is 29-13-02-201-005.000-018.

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Taxes
  • Assessed Value:  $258,300
  • Assessed Year:  2025
  • Assessed County:  Hamilton
  • APN:  29-13-02-201-005.000-018
  • Assessed Land Value:  75900
  • Market Land Value:  75900
  • Tax Amount:  2373.54
  • Tax Year:  2024
  • Market Value:  258300
  • Market Year:  2025

Tax History

497 E 116th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $258,300 Land Value $75,900 Improvement Value $182,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,373.54 Change Rate +0.039513% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $2,283.32 Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $271,200 Land Value $55,900 Improvement Value $215,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $253,000 Land Value $55,900 Improvement Value $197,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $194,100 Land Value $55,900 Improvement Value $138,200 Tax Amount $1,951.66 Change Rate +0.044573% Assessed CR Tax Rate +0.010055%
Year 2019 Assessed Value $186,500 Land Value $54,800 Improvement Value $131,700 Tax Amount $1,868.38 Change Rate -0.044561% Assessed CR Tax Rate +0.010018%
Year 2018 Assessed Value $197,100 Land Value $35,500 Improvement Value $161,600 Tax Amount $1,955.52 Change Rate +0.080505% Assessed CR Tax Rate +0.009921%
Year 2017 Assessed Value $186,600 Land Value $35,500 Improvement Value $151,100 Tax Amount $1,809.82 Change Rate +0.503223% Assessed CR Tax Rate +0.009699%
Year 2016 Assessed Value $177,500 Land Value $35,500 Improvement Value $142,000 Tax Amount $1,203.96 Change Rate Assessed CR Tax Rate +0.006783%
Year 2014 Assessed Value $137,000 Land Value $35,500 Improvement Value $101,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $124,800 Land Value $35,500 Improvement Value $89,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,173.66 Change Rate Assessed CR Tax Rate