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507 E 116th St; Carmel, IN Property Details

507 E 116th St, Carmel, IN is a Single Family that was built in 1968. This property is currently Financed and is not for sale. Our records show that 507 E 116th St has 3 bedrooms, and 2 bathrooms, and a total of 1,630 square feet. The lot size of 507 E 116th St is 17,860 square feet.

Off market
507 E 116th St Carmel, IN 46032
$244,625 Listing Price
3 Beds
2 Baths
1,630 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1968
  • Purchase Price: $244,600
  • Open Loans / Balance: 1 / $170,237
  • Est. Equity / %: $197,763 / 53.74%
  • Gross Yield: 6.779%
  • APN: 29-13-02-202-004.000-018
  • Situs County: Hamilton
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 1,630/SqFt
  • Lot: 17,860/SqFt
  • Gross: 2,134/SqFt
  • Garage: 504/SqFt
  • Living: 1,630/SqFt
  • Building: 2,134/SqFt
  • Ground: 1,630/SqFt
  • Price Per Square Foot: $150.06

Legal Description

  • Description: ACREAGE .00, SECTION 2, TOWNSHIP 17, RANGE 3, NORTHERN HEIGHTS, LOT 10
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: 39.956047 / -86.14938
  • Subdivision: Northern Heights
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 4506
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

507 E 116th St has 10 associated Taxes items

507 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 $241,700. The APN we've located for 507 E 116th St is 29-13-02-202-004.000-018.

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Taxes
  • Assessed Value:  $241,700
  • Assessed Year:  2025
  • Assessed County:  Hamilton
  • APN:  29-13-02-202-004.000-018
  • Assessed Land Value:  76900
  • Market Land Value:  76900
  • Tax Amount:  2193.76
  • Tax Year:  2024
  • Market Value:  241700
  • Market Year:  2025

Tax History

507 E 116th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $241,700 Land Value $76,900 Improvement Value $164,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,193.76 Change Rate -0.00222% Assessed CR Tax Rate
Year 2023 Assessed Value $222,500 Land Value $76,900 Improvement Value $145,600 Tax Amount $2,198.64 Change Rate -0.116025% Assessed CR Tax Rate +0.009882%
Year 2022 Assessed Value $226,600 Land Value $56,600 Improvement Value $170,000 Tax Amount $2,487.22 Change Rate +0.060413% Assessed CR Tax Rate +0.010976%
Year 2021 Assessed Value $215,000 Land Value $56,600 Improvement Value $158,400 Tax Amount $2,345.52 Change Rate +0.338996% Assessed CR Tax Rate +0.010909%
Year 2020 Assessed Value $170,900 Land Value $56,600 Improvement Value $114,300 Tax Amount $1,751.7 Change Rate +0.037946% Assessed CR Tax Rate +0.01025%
Year 2019 Assessed Value $166,400 Land Value $55,500 Improvement Value $110,900 Tax Amount $1,687.66 Change Rate +0.054181% Assessed CR Tax Rate +0.010142%
Year 2018 Assessed Value $163,600 Land Value $36,000 Improvement Value $127,600 Tax Amount $1,600.92 Change Rate -0.494442% Assessed CR Tax Rate +0.009786%
Year 2017 Assessed Value $156,100 Land Value $36,000 Improvement Value $120,100 Tax Amount $3,166.64 Change Rate +0.056173% Assessed CR Tax Rate +0.020286%
Year 2016 Assessed Value $151,300 Land Value $36,000 Improvement Value $115,300 Tax Amount $2,998.22 Change Rate Assessed CR Tax Rate +0.019816%
Year 2014 Assessed Value $141,700 Land Value $36,000 Improvement Value $105,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $146,000 Land Value $36,000 Improvement Value $110,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,278.14 Change Rate Assessed CR Tax Rate