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2501 W 116th Street, Carmel, IN 46032

Here's 2501 W 116th Street in Carmel, IN 46032. This listing is closed, but I can still walk you through the details.

9 photos from the listing — tap any to expand.

Yard at 2501 W 116th Street, Carmel, INSold — 2501 W 116th Street, Carmel, IN 460321 / 9

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Quick read on the numbers:

$850,000

Sold
Beds

3

Baths

2

Sq ft

3,636

Built

1960

Acres

3

Key things to know

  • Sold at list price in 1 days
  • Fireplace
  • Basement
  • 3-acre lot
  • 116 Towns subdivision

Browse by room

2 rooms · 9 photos

From the listing

Rare 2.77-acre wooded estate lot in the heart of Carmel! Positioned on prestigious West 116th Street, this remarkable property offers an exceptional opportunity to build a luxury residence in one of Carmel's most sought-after locations. Nestled among mature trees and set far off the road, the setting provides unmatched privacy while being minutes from the Monon Trail, downtown Carmel, award-winning parks, restaurants, and all the amenities the city is known for. The existing home and barn are included as-is, with the true value found in the land itself-its generous acreage, prime Carmel proximity, and its exceptional potential for a luxury custom build. With 2.77 acres, the possibilities are expansive: create your dream home with room for a pool, extensive outdoor living, gardens, or any vision your lifestyle demands. Estate-style lots of this size, privacy, and location are increasingly rare. A perfect opportunity to create a one-of-a-kind retreat, tucked away yet close to everything Carmel has to offer. Listed and Pended.

A few highlights from the feature list:

Interior

Attic AccessAttic StairwayPaddle FanEat-in Kitchen

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$437,900

Land Value

$188,800

Land$188,800

43% of total

Improvement Value

$249,100

Improvements$249,100

57% of total

Annual tax · 2024
$4,530
Exemption
Homestead

This home has sold:

Sold

$850,000

Closed
Jan 2, 2026
Sold
4 months ago
Sold in
1 day

Price history

  1. Sold$850,000

    Jan 2, 2026

  2. Listedat $850,000

    Dec 5, 2025

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 11382 Royal Place

    $547,000

    11382 Royal Place

    4bd · 3ba · 4,105 sqft

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  • 14154 Wicksworth Way

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    14154 Wicksworth Way

    4bd · 4ba · 4,340 sqft

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  • 1361 Midway Court

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    1361 Midway Court

    4bd · 3ba · 2,606 sqft

    Sold May 2026

  • 9660 Sunwood Way

    $790,000

    9660 Sunwood Way

    3bd · 3ba · 3,739 sqft

    Sold May 2026

  • 12864 Fleetwood Drive S

    $560,000

    12864 Fleetwood Drive S

    4bd · 3ba · 4,078 sqft

    Sold May 2026

Comparative value

5 comps in this range

This home is 52% above median for similar nearby sales.

$402K$815KMedian $560K
$850K

A few places to dig deeper:

116 Towns Carmel Clay Schools

MLS# 22075887

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