Large Location Icon

503 E 116th St; Carmel, IN Property Details

503 E 116th St, Carmel, IN is a Single Family that was built in 1966. This property is currently a cash purchase and is not for sale. Our records show that 503 E 116th St has 3 bedrooms, and 2 bathrooms, and a total of 1,630 square feet. The lot size of 503 E 116th St is 17,860 square feet.

Off market
503 E 116th St Carmel, IN 46032
$330,000 Listing Price
3 Beds
2 Baths
1,630 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1966
  • Purchase Price: $330,000
  • Open Loans / Balance: 2 / $351,069
  • Est. Equity / %: $68,931 / 16.41%
  • Gross Yield: 6.5%
  • APN: 29-13-02-202-002.000-018
  • Situs County: Hamilton
  • Length Of Ownership: 2 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: A
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,630/SqFt
  • Lot: 17,860/SqFt
  • Gross: 2,680/SqFt
  • Garage: 1,050/SqFt
  • Living: 1,630/SqFt
  • Building: 2,680/SqFt
  • Ground: 1,630/SqFt
  • Price Per Square Foot: $202.45

Legal Description

  • Description: ACREAGE .00, SECTION 2, TOWNSHIP 17, RANGE 3, NORTHERN HEIGHTS, LOT 8
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: 39.956036 / -86.15009
  • Subdivision: Northern Heights
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4506
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 4

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

503 E 116th St has 10 associated Taxes items

503 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 $336,700. The APN we've located for 503 E 116th St is 29-13-02-202-002.000-018.

Unlock the full report
Taxes
  • Assessed Value:  $336,700
  • Assessed Year:  2025
  • Assessed County:  Hamilton
  • APN:  29-13-02-202-002.000-018
  • Assessed Land Value:  76900
  • Market Land Value:  76900
  • Tax Amount:  3195.12
  • Tax Year:  2024
  • Market Value:  336700
  • Market Year:  2025

Tax History

503 E 116th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $336,700 Land Value $76,900 Improvement Value $259,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,195.12 Change Rate -0.477799% Assessed CR Tax Rate
Year 2023 Assessed Value $303,500 Land Value $76,900 Improvement Value $226,600 Tax Amount $6,118.56 Change Rate -0.043078% Assessed CR Tax Rate +0.02016%
Year 2022 Assessed Value $311,300 Land Value $56,600 Improvement Value $254,700 Tax Amount $6,394 Change Rate +2.472735% Assessed CR Tax Rate +0.02054%
Year 2021 Assessed Value $183,700 Land Value $56,600 Improvement Value $127,100 Tax Amount $1,841.2 Change Rate +0.32428% Assessed CR Tax Rate +0.010023%
Year 2020 Assessed Value $145,600 Land Value $56,600 Improvement Value $89,000 Tax Amount $1,390.34 Change Rate +0.064106% Assessed CR Tax Rate +0.009549%
Year 2019 Assessed Value $140,200 Land Value $55,500 Improvement Value $84,700 Tax Amount $1,306.58 Change Rate +0.053983% Assessed CR Tax Rate +0.009319%
Year 2018 Assessed Value $138,700 Land Value $36,000 Improvement Value $102,700 Tax Amount $1,239.66 Change Rate +0.094468% Assessed CR Tax Rate +0.008938%
Year 2017 Assessed Value $130,900 Land Value $36,000 Improvement Value $94,900 Tax Amount $1,132.66 Change Rate +0.048041% Assessed CR Tax Rate +0.008653%
Year 2016 Assessed Value $131,600 Land Value $36,000 Improvement Value $95,600 Tax Amount $1,080.74 Change Rate Assessed CR Tax Rate +0.008212%
Year 2014 Assessed Value $123,800 Land Value $36,000 Improvement Value $87,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $120,200 Land Value $36,000 Improvement Value $84,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $943.62 Change Rate Assessed CR Tax Rate