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5542 Pennycress Drive, Noblesville, IN 46062

Here's 5542 Pennycress Drive in Noblesville, IN 46062. This listing is closed, but I can still walk you through the details.

36 photos from the listing — tap any to expand.

Photo of 5542 Pennycress Drive, Noblesville, INSold — 5542 Pennycress Drive, Noblesville, IN 460621 / 36

Quick read on the numbers:

$599,000

Sold
Beds

5

Baths

4

Sq ft

3,821

Built

2017

Acres

0.24

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

  • Sold at list price in 2 days
  • Fireplace
  • Finished basement (1,182 sqft)
  • 3-car garage
  • Lake Forest Of Noblesville subdivision

From the listing

Welcome to 5542 Pennycress Drive - Where Custom Comfort Meets Prime Location in Lake Forest of Noblesville! This stunning 5-bedroom home offers the perfect blend of style, function, and location. Nestled on a tree-lined lot, you'll fall in love with the backyard oasis, featuring a beautifully crafted concrete patio, charming pergola, and peaceful surroundings - ideal for both quiet mornings and lively gatherings. Inside, enjoy custom touches throughout, including a newly remodeled primary bathroom, custom shelving in the primary closet, and a cozy reading nook in the finished basement. Entertain effortlessly in the open-concept kitchen, or retreat downstairs to the full bedroom and bathroom suite perfect for guests, workout room, hobby/flex space! Upstairs boasts brand-new carpet, while the three-car garage offers plenty of space for vehicles and storage. With a central location close to Westfield, Carmel, and all that Noblesville has to offer, this home combines convenience with charm. Don't miss your chance to own this updated, inviting, and turnkey ready property - welcome home!

A few highlights from the feature list:

Interior

Breakfast BarHigh CeilingsKitchen IslandEntrance FoyerEat-in KitchenPantryWood Work Painted

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$528,600

Land Value

$90,000

Land$90,000

17% of total

Improvement Value

$438,600

Improvements$438,600

83% of total

Annual tax · 2024
$6,162
Exemption
Homestead

This home has sold:

Sold

$599,000

Closed
Aug 22, 2025
Sold
9 months ago
Sold in
2 days

Price history

  1. Sold$599,000

    Aug 22, 2025

  2. Listedat $599,000

    Jul 11, 2025

Lake Forest Of Noblesville · activity

past 6 months

Sold
2
Median price
$650,000
Median DOM
2 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 18042 Kinder Oak Drive

    $430,000

    18042 Kinder Oak Drive

    4bd · 3ba · 2,860 sqft

    Sold May 2026

  • 6077 Slippery Elm Road

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    6077 Slippery Elm Road

    5bd · 3ba · 2,856 sqft

    Sold May 2026

  • 18694 Tillamook Run W

    $495,000

    18694 Tillamook Run W

    4bd · 4ba · 3,762 sqft

    Sold May 2026

  • 7398 Dunmore Point

    $550,000

    7398 Dunmore Point

    4bd · 3ba · 4,301 sqft

    Sold May 2026

  • 550 Pitney Drive

    $680,000

    550 Pitney Drive

    5bd · 4ba · 4,013 sqft

    Sold May 2026

Comparative value

5 comps in this range

This home is 21% above median for similar nearby sales.

$430K$680KMedian $495K
$599K

A few places to dig deeper:

Lake Forest Of Noblesville Noblesville Schools

MLS# 22047380

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