723 E 116th St
Carmel, IN 46032
- 5 Beds
- 2 Baths
- 1,944 sqft (on 0.33 acres)
5 Beds
2 Baths
1,944 sqft
(on 0.33 acres)
Home Value
Trulia Estimate
$351KSince last month
Decreased$3K (-0.8%)Since last year
Increased$13K (+3.9%)Since last sale
Increased$91K (+35%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +104% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $351K |
| July 2026 | $354K |
| June 2026 | $355K |
| May 2026 | $352K |
| April 2026 | $350K |
| March 2026 | $349K |
| February 2026 | $342K |
| January 2026 | $335K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Single-Family Home | $443,608 | 10/24/25 | 3 | 2 | 1,794 | |
0.32 | Single-Family Home | $327,000 | 08/29/25 | 4 | 2 | 1,555 | |
0.22 | Single-Family Home | $492,500 | 01/23/26 | 4 | 3 | 2,277 | |
0.35 | Single-Family Home | $410,000 | 08/29/25 | 4 | 2.5 | 2,068 | |
0.43 | Single-Family Home | $330,000 | 12/02/25 | 3 | 2 | 1,245 | |
0.33 | Single-Family Home | $410,500 | 03/12/26 | 3 | 2 | 1,622 | |
0.39 | Single-Family Home | $325,000 | 11/03/25 | 3 | 2 | 1,498 | |
0.23 | Single-Family Home | $420,000 | 03/10/26 | 3 | 2.5 | 2,309 | |
0.37 | Single-Family Home | $420,000 | 12/17/25 | 3 | 2 | 1,799 | |
0.32 | Single-Family Home | $364,900 | 02/16/26 | 3 | 2 | 1,200 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $360,200 | 3 | 2 | 1,568 | Off Market | |
0.04 | $433,700 | 4 | 2.5 | 1,976 | Off Market | |
0.06 | $335,200 | 3 | 1.5 | 1,244 | Off Market | |
0.06 | $393,800 | 3 | 2 | 1,764 | Off Market | |
0.08 | $412,600 | 2 | 2 | 1,481 | Off Market | |
0.09 | $525,000 | 3 | 3 | 2,368 | For Sale | |
0.10 | $468,000 | 2 | 2 | 1,815 | For Sale | |
0.10 | $469,400 | 3 | 3 | 2,327 | Off Market | |
0.10 | $449,000 | 3 | 3 | 2,073 | Off Market | |
0.10 | $598,000 | 3 | 3 | 2,091 | Recently Sold | |
0.11 | $428,300 | 3 | 2.5 | 2,327 | Off Market | |
0.11 | $467,900 | 3 | 3 | 2,310 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1968
Lot Size
0.33 acres
Living Area
1,944 sqft
Price/Sqft
$180
Parking
None
About this House
Great location in the heart of Carmel, just miles to Keystone & US 31. Exterior bricks 5 office spaces / lobby area / full kitchen space, substantial parking space at the front entry. Full house has fire/sprinkler system, as well as, 3-4 pull fire alarms Suitable for a daycare / clinic / business office. Landlord is willing to modify space based on your business needs.
Tenant pay all utilities
Tenant pay all utilities
723 E 116th St, Carmel, IN 46032 is a 5 bedroom, 2 bathroom, 1,944 sqft single-family home built in 1968. It last sold for $260,000 on May 25, 2022. More recently, it was listed as a rental in August 2022 with an asking price of $2,900 per month. That rental listing was removed on September 23, 2022. It is currently off market. The Trulia Estimate is $350,700, with a rent estimate of $2,602/month.
Home Details for 723 E 116th St
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Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Hardwood |
Interior Details Number of Rooms: 11Types of Rooms: Family Room |
Appliances & Utilities DishwasherDryerWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltFoundation Type: Crawl Raised |
Parking & Garage Parking: None |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: Single Family Home |
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Levels, Entrance, & Accessibility Disabled Access |
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Lot Area: 0.33 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 22, 2023 Source: MIBOR as distributed by MLS GRID #21883418 | ListingRemoved | |
Jul 14, 2023 Source: MIBOR as distributed by MLS GRID #21883418 | Listed For Sale | $365,000 |
Nov 22, 2022 Source: MIBOR as distributed by MLS GRID #21883418 | ListingRemoved | |
Nov 8, 2022 Source: MIBOR as distributed by MLS GRID #21883418 | PriceChange | $374,900 Price decreased by 1% |
Oct 28, 2022 Source: MIBOR as distributed by MLS GRID #21883418 | Listed For Sale | $379,900 |
Sep 23, 2022 Source: Zillow Rental Manager | ListingRemoved | |
Sep 6, 2022 Source: Zillow Rental Manager | PriceChange | $2,700 Price decreased by 7% |
Aug 18, 2022 Source: Zillow Rental Manager | Listed For Rent | $2,900 |
May 25, 2022 Source: MIBOR as distributed by MLS GRID #21848564 | Sold | $260,000 |
Apr 15, 2022 Source: MIBOR as distributed by MLS GRID #21848564 | Pending | $200,000 |
Apr 13, 2022 Source: MIBOR as distributed by MLS GRID #21848564 | Listed For Sale | $200,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,538 | $195,800 |
Home facts updated by county records
Market trends in Carmel
Last updated July 2026
Avg. sale price
$614K
$49.41KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$200
$7MoM
Available listings
321
5MoM
Around this home
What Locals Say about Carmel
At least 576 Trulia users voted on each feature.
91 % Say car is needed
91 % Say it's dog friendly
87 % Say parking is easy
87 % Say there are sidewalks
81 % Say there's holiday spirit
79 % Say it's quiet
78 % Say people would walk alone at night
77 % Say yards are well-kept
76 % Say kids play outside
64 % Say streets are well-lit
57 % Say neighbors are friendly
54 % Say they plan to stay for at least 5 years
51 % Say there's wildlife
50 % Say it's walkable to restaurants
46 % Say there are community events
30 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 723 E 116th St
- What is 723 E 116th St estimated to be worth?Trulia's estimated value for 723 E 116th St in Carmel, IN is $350,700.
- What is the price history for 723 E 116th St?723 E 116th St in Carmel, IN last sold for $260,000 in May 2022.
- Is Carmel a buyer's or seller's market?Carmel is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Carmel?The median sale price in Carmel is $614K. That is up $49.41K from the prior month.
- Does 723 E 116th St have laundry facilities?Yes, 723 E 116th St in Carmel, IN has in-unit laundry.
- How big is the lot at 723 E 116th St?The lot at 723 E 116th St in Carmel, IN is about 0.33 acres (14,374 sq ft).

