Sold — 2501 W 116th Street, Carmel, IN 46032
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Sheldon Barnes can help you list 2501 W 116th St
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Carmel, Indiana and the rest of Hamilton County. Whether you're ready to sell 2501 W 116th St in 116 Towns or just curious what your home is worth in today's Carmel market, he can put together a no-pressure valuation.
ABOUT THIS HOME
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.
$850,000
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 settin...
5,274
Sq Ft
1960
Year Built
2.77
Acres
Off Market
Status
$437,900
Assessed Value
3
Bedrooms
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
Sold
$850,000
- Closed
- Jan 2, 2026
- Sold
- 4 months ago
- Sold in
- 1 day
Price history
- Sold$850,000
Jan 2, 2026
- Listedat $850,000
Dec 5, 2025
Recent comparable sales
$815,000
14154 Wicksworth Way
4bd · 4ba · 4,340 sqft
Sold May 2026
$547,000
11382 Royal Place
4bd · 3ba · 4,105 sqft
Sold May 2026
$402,000
1361 Midway Court
4bd · 3ba · 2,606 sqft
Sold May 2026
$790,000
9660 Sunwood Way
3bd · 3ba · 3,739 sqft
Sold May 2026
$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.
Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.
Sheldon Barnes
Real Estate Agent · Carmel Realty LLC
License No. RB21000235
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$850,000Listed· Dec 5, 2025
1 days on market
Layout
Primary suite
See Remarks
Schools
Carmel Clay Schools
- 4.8 mi
High
Carmel High School
Neighborhood
- Zionsville Community HS2.4 mi
- Carmel Central Park2.5 mi
- Clay Terrace4.5 mi
- Monon Trail (Carmel)4.7 mi
- Carmel High School4.8 mi
- Carmel Arts & Design District4.9 mi
OFF-MARKET PROPERTY DETAILS
Living Area
5,274 sq ft
Year Built
1960
Stories
Two
Lot Size
2.77 acres
Subdivision
116 Towns
Bedrooms
3
Bathrooms
2 full
Garage
2 spaces
School District
Carmel Clay Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$437,900
Land Value
$188,800
43% of total
Improvement Value
$249,100
57% of total
- Annual tax · 2024
- $4,530
- Exemption
- Homestead