16494 Stableview Drive, Fortville, IN 46040 · $465,000 · Sold

Here's 16494 Stableview Drive in Fortville, IN 46040. This listing is closed, but I can still walk you through the details.

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Photo of 16494 Stableview Drive, Fortville, IN

Sold — 16494 Stableview Drive, Fortville, IN 460401 / 1

Quick read on the numbers:

$465,000$475,000

Sold

Beds

Baths

Sq ft

3,332

Built

2018

Acres

0.23

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 5.3% below list in 36 days
Fireplace
3-car garage
Heritage At Vermillion subdivision

From the listing

This very special house is nestled in the sought-after community of Heritage at Vermillion which is known for its friendly neighbors, family get-togethers, and community pool. Over 3,300 square feet of living space and a 10,019 square foot private yard, offering a harmonious blend of space, style, and modern living. The heart of this home is undoubtedly the kitchen, featuring a large kitchen island perfect for gathering and conversation, while granite countertops and a gas cooktop offer a sophisticated culinary experience; the double ovens are great when entertaining a large group. A huge walk-in pantry and water filtration system complete the package. The great room offers a comfortable space to relax and unwind, enhanced by the inviting ambiance of a gaslog fireplace. The entire interior, including the trim, has all been freshly painted, and new updated lighting was added on the main level. Upstairs, you'll find a large loft for reading, gaming, or TV and also an upstairs laundry room for added practicality. The outdoor living space has been enhanced by a new pergola, paver patio, and waterfall feature, all providing a wonderful area for relaxation and entertainment. A lus…

A few highlights from the feature list:

Interior

Attic AccessWalk-In Closet(s)Wood Work PaintedBreakfast BarEntrance FoyerKitchen IslandPantry

Exterior

Sprinkler SystemWater Feature FountainOther

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$451,400

Land Value

$97,100

Land$97,100

22% of total

Improvement Value

$354,300

Improvements$354,300

78% of total

Annual tax · 2024: $3,510
Exemption: Homestead

This home has sold:

Sold

$450,000

-$25,000 below list (-5.3%)

Closed: Oct 3, 2025
Listed at: $475,000
Sold: 7 months ago
Sold in: 36 days

Price history

Sold$450,000
Oct 3, 2025
Price reduced$475,000 → $465,000
Aug 21, 2025
Listedat $475,000
Jul 21, 2025

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 17% below median for similar nearby sales.

$372K$725KMedian $545K

$450K

A few places to dig deeper:

Heritage At Vermillion Hamilton Southeastern Schools

MLS# 22051727