Sold — 5542 Pennycress Drive, Noblesville, IN 46062
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Sheldon Barnes can help you list 5542 Pennycress Dr
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 5542 Pennycress Dr in Lake Forest Of Noblesville or just curious what your home is worth in today's Noblesville market, he can put together a no-pressure valuation.
ABOUT THIS HOME
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!
$599,000
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 crafte...
3,953
Sq Ft
2016
Year Built
0.24
Acres
Off Market
Status
$528,600
Assessed Value
5
Bedrooms
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
Sold
$599,000
- Closed
- Aug 22, 2025
- Sold
- 9 months ago
- Sold in
- 2 days
Price history
- Sold$599,000
Aug 22, 2025
- Listedat $599,000
Jul 11, 2025
Lake Forest Of Noblesville · activity
past 6 months
- Sold
- 2
- Median price
- $650,000
- Median DOM
- 2 days
Recent comparable sales

$430,000
18042 Kinder Oak Drive
4bd · 3ba · 2,860 sqft
Sold May 2026

$449,995
6077 Slippery Elm Road
5bd · 3ba · 2,856 sqft
Sold May 2026

$495,000
18694 Tillamook Run W
4bd · 4ba · 3,762 sqft
Sold May 2026

$550,000
7398 Dunmore Point
4bd · 3ba · 4,301 sqft
Sold May 2026

$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.
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
$599,000Listed· Jul 11, 2025
2 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full,Sinks Double,Suite
Schools
Noblesville Schools
Elementary
Noble Crossing Elementary School
Middle
Noblesville West Middle School
High
Noblesville High School
Neighborhood
- Westfield High School2.9 mi
- Clay Terrace4.0 mi
- Carmel Arts & Design District4.0 mi
- IU Health North Hospital4.4 mi
- Carmel High School4.5 mi
- Monon Trail (Carmel)5.1 mi
OFF-MARKET PROPERTY DETAILS
Living Area
3,953 sq ft
Year Built
2016
Stories
Two
Lot Size
0.24 acres
Subdivision
Lakeforest of Noblesville
Section 2
Bedrooms
5
Bathrooms
3 full, 1 half
Garage
3 spaces
School District
Noblesville Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$528,600
Land Value
$90,000
17% of total
Improvement Value
$438,600
83% of total
- Annual tax · 2024
- $6,162
- Exemption
- Homestead
PARCEL & LEGAL
Lot / Section
Section 2
