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11516 River Dr

Carmel, IN 46033

3 bd 2 ba 1,990 sqft Built 1963 Lot 35,719 sqft single_family
Most recent sale
$315,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $315,000 Public Record
May 26, 2022 Sold $315,000 MIBOR
Feb 27, 2022 Price changed $319,900 MLS #21838670
Feb 19, 2022 Listed $325,900 MLS #21838670
Jan 25, 2021 Sold $170,000 MIBOR
Dec 15, 2020 Listed $174,900 MLS #21757171

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $222,000 $57,600 $279,600 $2,555
2024 $222,000 $57,600 $279,600 $2,439
2022 $187,700 $57,600 $245,300 $1,067
2021 $100,400 $15,900 $116,300 $968
2020 $98,100 $15,900 $114,000 $953
2019 $96,600 $15,900 $112,500 $910
2018 $96,600 $15,900 $112,500 $901
2017 $90,300 $15,900 $106,200 $815
2016 $85,700 $15,900 $101,600 $762
2015 $85,700 $14,800 $100,500 $755
2014 $79,500 $14,800 $94,300 $634
2013 $86,100 $38,400 $124,500 $1,043
2012 $83,500 $38,400 $121,900 $1,019
2011 $152,500 $33,300 $185,800 $1,745
2010 $152,500 $33,300 $185,800 $1,535
2009 $152,500 $33,300 $185,800 $1,490
2008 $152,500 $33,300 $185,800 $1,641

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,990 sqft
Lot size
35,719 sqft
ZIP code
46033
City
Carmel
Street
River Dr
Coordinates
39.95594, -86.06669

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,985
Gross rental yield
11.37%
Implied cap rate
7.39%
Trend-extrapolated value

Frequently asked questions

When did 11516 River Dr last sell?
11516 River Dr most recently sold on Jun 6, 2022 for $315,000.
What is the current tax assessment for 11516 River Dr?
The most recent total assessment for 11516 River Dr (year 2025) is $279,600 with $2,555 in property tax.
How does 11516 River Dr's assessment compare to its last sale price?
The current assessment is 11.2% below the last sale price of $315,000.
When was 11516 River Dr built?
11516 River Dr was built in 1963.
How does 11516 River Dr compare to others on River Dr?
We track 1 other property on River Dr. Browse the list under "Other properties on River Dr" to compare beds, baths, and sale history.
What are the property facts for 11516 River Dr?
11516 River Dr is a 3 bed, 2 bath, 1,990 sqft, 35,719 sqft lot single_family.
Is 11516 River Dr a flip candidate?
Yes — 11516 River Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 11516 River Dr a tax-appeal candidate?
No — 11516 River Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.4%
2026 Q3
$751.1K
2026 Q4
$765.1K
ZIP 46033 — Median Price History + Forecast

Explore nearby

Other properties on River Dr