Here's 7228 Oak Cove Lane in Noblesville, IN 46062, listed at $675,000.

1 photo from the listing — tap any to expand.

Photo of 7228 Oak Cove Lane, Noblesville, IN

For Sale — 7228 Oak Cove Lane, Noblesville, IN 460621 / 1

Quick read on the numbers:

$675,000

For Sale2 days on market

Beds

Baths

Sq ft

4,958

Built

1988

Acres

0.3

Here's what I think this home is worth:

Key things to know

2 fireplaces
Finished basement (1,600 sqft)
Oakbay subdivision

From the listing

Looking for a 4-bedroom brick home with a finished basement in Oak Bay? This beautiful house was built with timeless brick. It features 4 spacious bedrooms and 3.5 bathrooms, giving everyone plenty of room to spread out. Imagine chilly winter nights cozying up by one of the 2 wood-burning fireplaces-one in the main living room and another in the basement, which also has extra storage space and room for a gym. The main-floor primary bedroom is a private getaway with a luxurious ensuite bathroom, a deep soaking tub, and a custom tile shower. Upstairs, you will find 3 bright bedrooms and a large rec room that is perfect for a pool table, homework zone, or a quiet home office. Downstairs, the designated dining room can easily double as a second office if you work from home. The heart of the house is the bright kitchen, complete with a center island for baking and a cute breakfast nook for morning pancakes. Just off the kitchen, a sunny sunroom opens up to a back deck and a fully fenced-in yard, perfect for summer BBQs and letting the dogs run safely. This neighborhood offers an easy commute to local schools, parks, and major shopping routes, making daily life incredibly convenient. Clo…

A few highlights from the feature list:

Interior

Attic Pull Down StairsBuilt-in FeaturesCeiling VaultedHardwood FloorsWalk-In Closet(s)

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$569,900

Land Value

$80,500

Land$80,500

14% of total

Improvement Value

$489,400

Improvements$489,400

86% of total

Annual tax · 2025: $6,394
Exemption: Homestead

Rough monthly:

Monthly payment

Estimate · $675,000

$4,139/mo

≈ $3,593 principal & interest · $533 tax · $14 HOA

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

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $135,000 on a loan of $540,000.

Price history

Listedat $675,000
Jun 5, 2026

Oakbay · activity

past 6 months

Sold: 3
Median price: $440,000
Median DOM: 23 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 14% above median for similar nearby sales.

$495K$743KMedian $592K

$675K

A few places to dig deeper:

Oakbay Noblesville Schools

MLS# 22105720