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5581 Pennycress Drive, Noblesville, IN 46062

Here's 5581 Pennycress Drive in Noblesville, IN 46062. This listing is closed, but I can still walk you through the details.

58 photos from the listing — tap any to expand.

Photo of 5581 Pennycress Drive, Noblesville, INSold — 5581 Pennycress Drive, Noblesville, IN 460621 / 58

Quick read on the numbers:

$450,000

Sold
Beds

3

Baths

3

Sq ft

2,472

Built

2017

Acres

0.23

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

  • Sold 1.1% over list in 2 days
  • Fireplace
  • Lake Forest Of Noblesville subdivision

From the listing

Start the new year in this beautiful, low maintenance 3BD, 2 1/2 bath ranch, conveniently located just off 161st and Hazel Dell. This is first floor living at its best! This meticulously maintained home features a fenced backyard and offers new LVP flooring, plantation shutters throughout, primary closet/pantry/laundry room buildouts, a tandem garage for your golf cart or extra storage, new dishwasher, new water heater, extensive garage shelving, and a huge 16x20 pergola to enjoy your outdoor space, which includes a firepit. Enjoy the open-concept floor plan with a gas fireplace in the family room, or relax with a cup of coffee in your warm and inviting sunroom. The gourmet kitchen includes two ovens and a gas stovetop, which is perfect for entertaining. The half-bath has been completely remodeled to include a quartz-topped vanity, custom wood wall and new fixtures. Mature evergreens provide privacy in your fenced backyard, which also includes a small garden area. Located in beautiful Lake Forest, you'll enjoy several walking trails, community playground, and quick access to stores, restaurants, and parks. Welcome to your new home!

A few highlights from the feature list:

Interior

Attic AccessBreakfast BarKitchen IslandEntrance FoyerPaddle FanEat-in KitchenPantryWalk-In Closet(s)Wood Work Painted

Exterior

Fire Pit

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$408,800

Land Value

$90,000

Land$90,000

22% of total

Improvement Value

$318,800

Improvements$318,800

78% of total

Annual tax · 2024
$4,918
Exemption
Homestead

This home has sold:

Sold

$455,000

+$5,000 over list (1.1%)

Closed
Jan 28, 2026
Listed at
$450,000
Sold
3 months ago
Sold in
2 days

Price history

  1. Sold$455,000

    Jan 28, 2026

  2. Listedat $450,000

    Jan 6, 2026

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

  • 5777 Skipton Court

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    5777 Skipton Court

    4bd · 3ba · 2,016 sqft

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    18042 Kinder Oak Drive

    4bd · 3ba · 2,860 sqft

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  • 17551 Gruner Way

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    17551 Gruner Way

    2bd · 3ba · 2,017 sqft

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  • 106 Bays Drive

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    106 Bays Drive

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  • 1066 Elmwood Circle

    $425,000

    1066 Elmwood Circle

    4bd · 2ba · 1,922 sqft

    Sold May 2026

Comparative value

5 comps in this range

This home is 7.1% above median for similar nearby sales.

$353K$465KMedian $425K
$455K

A few places to dig deeper:

Lake Forest Of Noblesville Noblesville Schools

MLS# 22078518

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