
Sheldon Barnes
For Sale — 12131 E 196th Street, Noblesville, IN 460603
Beds
5
Baths
6,611
Sq Ft
1840
Year Built
19.95
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 12131 E 196th St
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Noblesville, Indiana and the rest of Hamilton County. Book a private tour of 12131 E 196th St, ask any question about this home, or talk through what you should know about buying in Noblesville.
ABOUT THIS HOME
Your opportunity to own one of the most beautiful properties in Hamilton County is right here! Your new home welcomes you into a warm and inviting space that allows views of the grounds from every room. You can just feel the love as you enjoy coffee in the morning, in the cozy sitting room off the main entrance. Enjoy family and friends gathering in the large family room and serve delicious dinners in the grand dining room. Your kitchen features custom modern appliances designed with a touch of nostalgia! Wonderful custom and luxurious touches in the bedrooms like fireplaces and leaded glass windows. Your primary retreat features a spa like ensuite and amazing walk in closets. The primary suite is adjacent to a wonderful open room that could be used as a rec room or workout room-use your imagination-it is complete with a full bathroom. The upper level features a home theater, game room, small kitchenette, and a powder room! Step outside to your courtyard with a water feature; it has so much space! Perfect for relaxing or enjoying a fun outdoor party! Your home is perfect for your car collection: finished, 6 bays (1 bay is a car wash bay), epoxy finished floors, and loads of windows! Attached to the house are four more garage bays! This property also features an exterior barn complete with heated workshops and added storage! Bring your horses! This property features an indoor 60'x100' riding arena, 33 horse stalls, 2 wash stalls, a grain room, two haylofts, two upper level viewing rooms, a bathroom, and 5 horse pastures. Welcome Home!
Key things to know
- Historic 1840 home with modern updates and custom finishes
- 20-acre estate with equestrian arena, 33 horse stalls, and pastures
- 10-bay garage (6 finished with epoxy floors, car wash bay, plus 4 attached)
- Primary suite with spa ensuite and dual walk-in closets
- Upper level home theater and game room
Browse by room
17 rooms · 88 photos
Monthly payment
Estimate · $2,499,000
$14,195/mo
≈ $13,301 principal & interest · $894 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $499,800 on a loan of $1,999,200.
Price history
- Price reduced$2,675,000 → $2,499,000
Mar 31, 2026
- Listedat $2,690,000
Sep 5, 2025
Recent comparable sales

$905,000
128 Somerset Court
4bd · 5ba · 5,572 sqft
Sold May 2026

$887,500
16242 Grand Cypress Drive
4bd · 4ba · 5,308 sqft
Sold Sep 2025

$530,000
12244 Leewood Court
4bd · 3ba · 4,922 sqft
Sold Jan 2026

$891,000
10585 Golden Bear Way
3bd · 4ba · 4,930 sqft
Sold Oct 2025

$875,000
16463 Valhalla Drive
4bd · 5ba · 4,882 sqft
Sold Oct 2025
Comparative value
5 comps in this range
This home is 182% above median for similar nearby sales.
Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.
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.
AI-curated highlights
INSIDE THIS HOME
FEATURES & AMENITIES
Interior
Exterior
Climate
AI-detected from photos
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$2,690,000Listed· Sep 5, 2025
$2,499,000Reduced
↓ $191,000 (7.1% off original)
201 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full,Sinks Double
Schools
Hamilton Southeastern Schools
Neighborhood
- Hamilton Town Center5.5 mi
- Hamilton Southeastern HS6.0 mi
- Conner Prairie7.8 mi
- Fishers High School8.0 mi
- Westfield High School9.5 mi
- IU Health North Hospital10.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
6,935 sq ft
Year Built
1840
Stories
One and One Half
Lot Size
5.8 acres
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
4 full, 1 half
Garage
4 spaces
School District
Hamilton Southeastern Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$1,168,700
Land Value
$108,100
9% of total
Improvement Value
$1,060,600
91% of total
- Annual tax · 2024
- $10,728
- Exemption
- Homestead
