Here's 20799 Waterscape Way in Noblesville, IN 46062, listed at $405,000.

1 photo from the listing — tap any to expand.

Front exterior at 20799 Waterscape Way, Noblesville, IN

For Sale — 20799 Waterscape Way, Noblesville, IN 460621 / 1

Quick read on the numbers:

$405,000

For Sale5 days on market

Beds

Baths

Sq ft

1,551

Built

1998

Here's what I think this home is worth:

Key things to know

Fireplace
Waterscape subdivision

From the listing

Waterfront Living on Morse Reservoir with a deeded boat dock, low-maintenance lifestyle, and move-in ready updates already in place. This beautifully maintained condo offers the kind of easy lake living buyers are looking for, with a covered balcony overlooking water and a bright, comfortable layout designed for everyday living. The updated kitchen features granite countertops, soft-close cabinetry, stainless steel appliances, and a cheerful breakfast nook filled with natural light. Just off the kitchen, the spacious great room offers vaulted ceilings, a cozy fireplace, and large windows that bring the outdoors in. The private owner's suite includes an updated bath with dual vanities, heated tile flooring, and modern fixtures. A second updated full bath adds convenience for guests, while the additional bedroom/flex space is ideal for a home office, workout room, or guest retreat. Enjoy morning coffee on the covered porch, evenings by the fireplace, or weekends on the water, with your own dock just steps from your front door. An attached garage with added storage completes the package. Updated, comfortable, and easy to enjoy - this is Morse Reservoir living without the hassle. The …

A few highlights from the feature list:

Interior

Attic AccessWalk-In Closet(s)Wood Work PaintedBath Sinks Double MainEat-in KitchenEntrance FoyerHi-Speed Internet AvailblSmart Thermostat

Exterior

Balcony

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$307,900

Land Value

$120,000

Land$120,000

39% of total

Improvement Value

$187,900

Improvements$187,900

61% of total

Annual tax · 2025: $3,004
Exemption: Homestead

Rough monthly:

Monthly payment

Estimate · $405,000

$2,821/mo

≈ $2,156 principal & interest · $250 tax · $415 HOA

Down payment (%)Interest rate (%)Term (yrs)

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $81,000 on a loan of $324,000.

Price history

Listedat $405,000
May 4, 2026

Waterscape · activity

past 6 months

Sold: 4
Median price: $350,000
Median DOM: 66 days

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 right at the median for similar nearby sales.

$353K$450KMedian $405K

$405K

A few places to dig deeper:

Waterscape Noblesville Schools

MLS# 22097944

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.