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1015 W 116th St, Carmel, IN, 46032

6beds
7baths
12,187sqft
$3,425,000
$281price/sqft
$22,994/moest. monthly cost
$919,760/yrincome needed

About This Home

Set on 2.67 private acres along Carmel's coveted 116th Street corridor, this exceptional estate offers timeless design, refined craftsmanship, and an effortless blend of elegance and comfort. Thoughtfully positioned to capture soft morning light, the home exudes warmth from the moment you arrive. Originally built in 1957 and masterfully reimagined in 1992, with a comprehensive renovation in 2005, the residence has been curated to suit today's luxury lifestyle while preserving its classic character. Inside, sophisticated interiors showcase meticulous attention to detail and beautifully appointed living spaces. The heart of the home is a stunning chef's kitchen designed for both everyday living and grand entertaining, featuring an expansive center island with seating, dual pantries, premium appliances, and a sunlit breakfast room accommodating eight or more guests. A formal dining room with soaring vaulted ceilings and dramatic exposed beams provides an impressive setting for memorable gatherings. Multiple living areas-including a gracious living room, inviting family room, and intimate den-offer versatile spaces for relaxation and connection. The main-level primary suite serves as a serene retreat, complete with a spacious bedroom, an extraordinary custom walk-in closet, and a spa-inspired bath with a soaking tub and separate shower. The upper level, added in 2005, expands the home's livability with a generous loft, an impressive 1,000-square-foot bonus room, and three oversized bedrooms, each featuring en suite baths and walk-in closets. Designed with both function and style in mind, the home includes a well-appointed mudroom and utility space adjacent to the three-car garage, enhanced with custom cabinetry and thoughtful storage solutions throughout. Outdoors, the property is equally captivating. Surrounded by mature trees and lush landscaping, the grounds offer exceptional privacy and recreation, including a private tennis court and expansive green lawns.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

8/10
9/10
Creekside Middle SchoolGrades 6-82.5 mi
10/10
Carmel High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1957

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Dryer,Disposal,Microwave,Double Oven,Refrigerator,Tankless Water Heater,Warming Drawer,Washer,Water Softener Owned,Wine Cooler
  • Laundry features: Connections All,Laundry Room,Main Level,Upper Level

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedroom2

  • Level: Main
  • Area: 324
  • Dimensions: 18x18

Bedroom3

  • Level: Main
  • Area: 270
  • Dimensions: 18x15

Bedroom4

  • Level: Upper
  • Area: 324
  • Dimensions: 18x18

Bedroom5

  • Level: Upper
  • Area: 336
  • Dimensions: 21x16

Bedroom6

  • Level: Upper
  • Area: 234
  • Dimensions: 18x13

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Bonus Room

  • Level: Upper
  • Area: 1015
  • Dimensions: 35x29

Breakfast Room

  • Level: Main
  • Area: 600
  • Dimensions: 25x24

Dining Room

  • Level: Main
  • Area: 300
  • Dimensions: 20x15

Family Room

  • Level: Main
  • Area: 504
  • Dimensions: 28x18

Features

  • Double Vanity,Breakfast Bar,Built-in Features,Kitchen Island,Entrance Foyer,Ceiling Fan(s),Hardwood Floors,High Speed Internet,Eat-in Kitchen,Pantry,Smart Thermostat,Walk-In Closet(s)
  • Window features: WoodWorkStain/Painted
  • Flooring: Hardwood
  • Number of fireplaces: 3
  • Fireplace features: Library,Living Room,Masonry,Outside,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 12,187
  • Total interior livable area: 12,187 sqft

Kitchen

  • Level: Main
  • Area: 525
  • Dimensions: 25x21

Laundry

  • Features: Tile-Ceramic
  • Level: Upper
  • Area: 112
  • Dimensions: 14x8

Library

  • Level: Main
  • Area: 238
  • Dimensions: 17x14

Living Room

  • Level: Main
  • Area: 660
  • Dimensions: 33x20

Loft

  • Level: Upper
  • Area: 323
  • Dimensions: 19x17

Master Bedroom

  • Level: Main
  • Area: 468
  • Dimensions: 26x18

Mud Room

  • Features: Other
  • Level: Main
  • Area: 280
  • Dimensions: 28x10

Office

  • Features: Other
  • Level: Main
  • Area: 56
  • Dimensions: 8x7

Utility Room

  • Features: Other
  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Property

Details

  • Parcel number: 291303000004000018
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Exterior features: Basketball Court,Tennis Court(s)
  • Fencing: Fenced

Lot

  • Lot size: 2.67 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Hail
Inland Flooding
Winter Weather
Cold Wave
Heat Wave
Lightning
Strong Wind

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,318$207,816
Home Insurance *$1,356$16,272
Property Taxes $3,203$38,436
Electricity $1,117$13,406
Total$22,994$275,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$788,365/yr
40% on housing$689,820/yr
45% on housing$613,173/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 46032$243
Hamilton County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 46032$213
Hamilton County$171

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Listed for sale$3,425,000
2024-09-17Listing removed$3,765,000
2024-09-13Listed for sale$3,765,000
2006-04-11Sold$1,160,000

For Sale by Agent

AgentMatt McLaughlin
BrokerageF.C. Tucker Company

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