1225 East 116th Street

Carmel, IN 46032

$1,975,000
Price
313,632 / 7.2
Lot Size / Acres

Description

Prime location in the heart of Carmel offering a wooded retreat with park-like setting. Walk to the Monon Trail, Monon Center or Downtown Carmel this 7.2 acres is the prefect site for a grand residence (currently zoned R1) or possible multi-family development. Note Carmel Creek borders the east side of property creating a flood zone AE of approximately 1.5+ acre area.

Property Details for 1225 East 116th Street

Subdivision Name
NO SUBDIVISION
Township
Clay
Zoning
R1

Location

Listing Courtesy of F.C. Tucker Company

Property Details for 1225 East 116th Street

StatusActive
MLS #21794718
Days on Market90
Taxes$3,291 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lots
Year Built-
Lot Size7.20 AC
CountyHamilton County

Listing Agent

Dean Glascock Jr

Dean Glascock Jr

F.C. Tucker Company

dglascock@talktotucker.com

P: 317.843.7766

M: (317) 716-7008

Contact Agent(s)

Location

Listing Courtesy of F.C. Tucker Company

Building Information for 1225 East 116th Street

Building Size-Lot Size7.20 AC

Payment Calculator

$7,167 per month

30 year fixed, 2.95% Interest

Principal and Interest

$6,619

Property Taxes

$549

HOA Dues

$0

Property Information for 1225 East 116th Street

Summary
    Location and General Information
  • City: Carmel
  • County Or Parish: Hamilton
  • Directions: West on 116th St. from Keystone or East on 116th St. from US 31 (Meridian St).
  • Intersection: Rangeline Rd & 116th
  • Interstate: Ramp1-3mi
  • Postal Code: 46032
  • Road Access: CityStreet
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Flood Way,Sloping,Stream,Wooded
    Taxes and HOA Information
  • Parcel Number: 291301000007000018
  • Semi Annual Property Tax Amt: 3291
  • Tax Exemption: None
  • Tax Year: 2020
    School Information
  • School District: Carmel Clay Schools
Property
    Lot Information
  • Acres: 5-10 Acres
  • Current Use: See Remarks
  • Gross Acres: 7.2010
  • Land Characteristics: City,Creek On Property,Irregular Lot,Mature Trees,Small Trees,Wooded
  • Lot Number: 0
  • Lot Size: 313,632
  • Lot Size Acres: 7.2
  • MLS: MIBOR
  • Soil Type: Clay
  • SqFt Main Upper: 0
  • Building Area Total: 0.0
    Property and Assessments
  • Affected by Disclosures: 0
  • Development Status: Zoning Change Required
  • Divisible: 1
  • Documents: None
  • Inspection Warranties: Not Applicable
  • Legal: ACREAGE 7.20, SECTION 1, TOWNSHIP 17, RANGE 3
  • Photos Count: 9
  • Potential Zoning: Multi-Fam,Planned Development
  • Present Zoning: Single Family
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Restrictions Private: 0
  • Restrictions Public: 0
  • Supplement Count: 1
  • Type: Undeveloped
  • Trans Type: Sale
    Utilities
  • Facilities Near: Cable,Electric,Telephone,Water & Sewer
  • Facilities On: SeeRemarks,Water & Sewer
  • Public Transportation: 0
  • Sanitary Sewer: 1
  • Sewer: Municipal Sewer Near
  • Solid Waste: 1
  • Water: Municipal Water Near By
Interior and Exterior Features
    Exterior Features
  • Improvements: Sidewalks,Paved Streets
    Interior Features
  • Gas On Site: 0
Room Information
    Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Rooms Total: 0
    Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
    Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Rental
    Rental Information
  • Easements Private: 0
  • Easements Public: 0
  • Existing Lease: 0

Property History for 1225 East 116th Street

DateEvent & SourcePriceAppreciation
Aug 31, 2021

Price Change

MIBORMLS #21794718

$1,975,000
Jun 25, 2021

Price Change

MIBORMLS #21794718

$2,295,000
Jun 22, 2021

Listed (Active)

MIBORMLS #21794718

$3,175,000
DateEvent & SourcePrice
08/31/2021

Price Change

MIBORMLS #21794718

$1,975,000
06/25/2021

Price Change

MIBORMLS #21794718

$2,295,000
06/22/2021

Listed (Active)

MIBORMLS #21794718

$3,175,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1225 East 116th Street

Taxable ValueLand$317,600Additions-Total$317,600
Tax Record2019$3,021 ($252 / month)
Home Facts
Beds3Total Finished SqFt3,436 SqFtAbove Grade Finished SqFt3,436 SqFtUnfinished Basement SqFt946 SqFtStories1Lot Size313,632 SqFtStyleResidentialYear Built1938Year Renovated1938CountyHAMILTONAPN291301000007000018

Schools near 1225 East 116th Street


SchoolTypeGradesDistanceRating
Options Charter School - CarmelCharter9-120.6 mi
2
Orchard Park Elementary SchoolPublicPK-51.1 mi
7
Carmel Middle SchoolPublic6-81.5 mi
9
Carmel High SchoolPublic9-121.9 mi
10

Options Charter School - Carmel

9-12, 0.6 mi, Charter

2

Orchard Park Elementary School

PK-5, 1.1 mi, Public

7

Carmel Middle School

6-8, 1.5 mi, Public

9

Carmel High School

9-12, 1.9 mi, Public

10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1225 East 116th Street is a 7.2 ac of land for sale in Carmel, IN 46032. This property was listed for sale on June 23, 2021 by F.C. Tucker Company at $1,975,000. It has been on the market for a total of 90 days and was last sold on July 27, 2017. This listing's school district is Carmel Clay Schools. Nearby schools include Orchard Park Elementary School, Carmel Middle School and Carmel High School. 1225 East 116th Street is a 0-bed, 0-bath, 7.2 ac of land on a 313,632 sq. ft. / 7.2 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.C. Tucker Company

Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 09/04/2021 07:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.