Indianapolis · Commercial sale
Downtown Westfield Community Development buys 1816 W 161st St in Westfield for $2.1 million
An agricultural property at 1816 W 161st St, Westfield sold for $2,100,000 on August 10, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $2,100,000
- Sold
- August 10, 2026
- Property type
- Agricultural property
- Building area
- 4,664 sq ft
- Price per sq ft
- $450
- Year built
- 1993
An agricultural property at 1816 W 161st St in Westfield sold for $2,100,000 on August 10, 2026—more than four times its assessed market value of $498,600, according to the sales disclosure form filed with the Hamilton County Assessor.
Michael P Baker and Karna M Baker sold the property to Downtown Westfield Community Development Corporation. The Assessor's records show the 15.61-acre lot holds 4,664 square feet of building area constructed in 1993, putting the sale price at $450 per square foot.
What this sale costs to close
What does closing cost at this price? Under Hamilton County custom the seller's larger charges are $5,565 for the owner's title insurance policy and $350 for the settlement / closing fee. The seller's estimated net is $2,083,812 before brokerage commissions and any loan payoff. A cash buyer would need about $2,090,167 at closing.
Source: Indiana Sales Disclosure Form data (DLGF, published by STATS Indiana), document C29-2026-0056658. Property details: Hamilton County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.