1616 W 116th Street, Carmel, IN 46032 · $2,200,000 · Sold

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Here's 1616 W 116th Street in Carmel, IN 46032. This listing is closed, but I can still walk you through the details.

30 photos from the listing — tap any to expand.

Sold — 1616 W 116th Street, Carmel, IN 460321 / 30

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Quick read on the numbers:

$2,200,000

Sold

Beds

Baths

Sq ft

8,709

Built

1980

Acres

10.25

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 25% over list in 3 days
2 fireplaces
Finished basement (2,603 sqft)
4-car garage
10.25-acre lot

Browse by room

14 rooms · 30 photos

From the listing

A peaceful and private estate located in Carmel sitting on 10+ acres with rolling hills, creek and mature trees. The moment you are driving up the driveway you know you are entering the ultimate gift: Privacy! Cedar exterior with several decks overlooking the luscious yard and tennis court. Architectural details with beams, arched and soaring ceiling, built-ins and plenty of storage. Kitchen with island, stainless steel appliances which include separate ice machine. Large master suite with impressive master closet. Lower level with wet bar 2 large rooms for entertaining and expansive deck that overlooks mother nature. The separate guest house would make a great mother-in-law home. This home can be enjoyed for all the seasons in Indiana. Home and additional cabin being used for home schooling at this time.

A few highlights from the feature list:

Interior

Bath Sinks Double MainBuilt-in FeaturesHigh CeilingsVaulted Ceiling(s)Kitchen IslandEntrance FoyerHardwood FloorsEat-in KitchenPantryWet BarWood Work Stained

Exterior

BalconyCarriage/Guest HouseTennis Court(s)

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$2,503,900

Land Value

$1,035,900

Land$1,035,900

41% of total

Improvement Value

$1,468,000

Improvements$1,468,000

59% of total

Annual tax · 2024: $45,216

This home has sold:

Sold

$2,750,000

+$550,000 over list (25.0%)

Closed: Aug 15, 2025
Listed at: $2,200,000
Sold: 9 months ago
Sold in: 3 days

Price history

Sold$2,750,000
Aug 15, 2025
Listedat $2,200,000
Jul 1, 2025

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 71% above median for similar nearby sales.

$940K$2.3MMedian $1.6M

$2.8M

A few places to dig deeper:

Carmel Clay Schools

MLS# 22046906