Sold — 1940 Mulberry Street, Noblesville, IN 46060
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Sheldon Barnes can help you list 1940 Mulberry St
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Noblesville, Indiana and the rest of Hamilton County. Whether you're ready to sell 1940 Mulberry St in Conrad or just curious what your home is worth in today's Noblesville market, he can put together a no-pressure valuation.
ABOUT THIS HOME
Exceptional Investment & Redevelopment Opportunity in Noblesville! This rare assemblage includes six contiguous parcels totaling 0.72 acres on the north side of Mulberry Street, between 19th and 20th Streets. Addresses: 1906, 1908, 1910, 1912, 1930, and 1940 Mulberry Street. Each parcel has its own mailing address, parcel number, and full utility connections-power, municipal water, and sewer-offering maximum flexibility for redevelopment, new construction, or renovation projects. The properties share lot lines and back up to an alley, allowing convenient rear access for garages or multi-unit layouts. Existing homes need major repairs, providing investors with a blank canvas for value-add strategies. Located minutes from downtown Noblesville, schools, parks, and major routes, this site is primed for growth. Redevelopment must comply with all City of Noblesville zoning and building standards. Own six of the eight parcels on this block-an ideal opportunity to create a signature project in a growing market. House dimensions and features are for 1940 Mulberry only.
$600,000
Exceptional Investment & Redevelopment Opportunity in Noblesville! This rare assemblage includes six contiguous parcels totaling 0.72 acres on the north side of Mulberry Street, between 19th and 20th Streets. Addresses: 1906, 1908, 1910, 1912, 1930, and 1940 Mulberry Street. Each parcel has its own ...
1,506
Sq Ft
1940
Year Built
Off Market
Status
$55,700
Assessed Value
4
Bedrooms
Key things to know
- Sold 85% below list in 24 days
- Conrad subdivision
Sold
$87,500
-$512,500 below list (-85.4%)
- Closed
- Dec 5, 2025
- Listed at
- $600,000
- Sold
- 5 months ago
- Sold in
- 24 days
Price history
- Sold$87,500
Dec 5, 2025
- Listedat $600,000
Oct 24, 2025
Conrad · activity
past 6 months
- Sold
- 2
- Median price
- $87,500
- Median DOM
- 24 days
Recent comparable sales

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Comparative value
5 comps in this range
This home is 72% below 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.

Sheldon Barnes
Real Estate Agent · Carmel Realty LLC
License No. RB21000235
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$600,000Listed· Oct 24, 2025
24 days on market
Layout
Schools
Noblesville Schools
Neighborhood
- Hamilton Town Center3.9 mi
- Hamilton Southeastern HS4.0 mi
- Conner Prairie5.1 mi
- Fishers High School5.3 mi
- Westfield High School6.7 mi
- IU Health North Hospital6.7 mi
OFF-MARKET PROPERTY DETAILS
Living Area
1,506 sq ft
Year Built
1940
Stories
Two
Subdivision
Conrad
Bedrooms
4
Bathrooms
1 full
School District
Noblesville Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$55,700
Land Value
$15,400
28% of total
Improvement Value
$40,300
72% of total
- Annual tax · 2024
- $1,388
