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FREE GUIDE FROM SHELDON

Thinking about what your home is worth?

Most people checking their own address are considering a move. Whether you're upsizing, downsizing, or just exploring — my free seller guide walks through pricing strategy, prepping for market, photography that sells, and what to expect at closing.

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Sheldon Barnes, Carmel Realtor

Is this your home?

Sheldon Barnes can help you list 5581 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 5581 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.

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ABOUT THIS HOME

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!

Listed by Christopher Scherrer· United Real Estate Indpls· MLS# 22078518
SoldSold in 2 days

$450,000

3Beds
2.1Baths
2,472Sq Ft

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...

Listed by Christopher Scherrer· United Real Estate Indpls· MLS# MBR22078518

2,472

Sq Ft

2017

Year Built

0.23

Acres

Off Market

Status

$408,800

Assessed Value

3

Bedrooms

Key things to know

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

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

Sold
2
Median price
$650,000
Median DOM
2 days

Comparative value

5 comps in this range

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

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

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

Sheldon Barnes

Real Estate Agent · Carmel Realty LLC

License No. RB21000235

FEATURES & AMENITIES

Interior

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

Exterior

Fire Pit

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $450,000Listed· Jan 6, 2026

2 days on market

Layout

Main
32.17 rooms2,472 sq ft

Primary suite

Bedroom Split,Closet Walk in

Primary bath

Shower Stall Full,Sinks Double

Schools

Noblesville Schools

  • Elementary

    Noble Crossing Elementary School

  • Middle

    Noblesville West Middle School

  • High

    Noblesville High School

Neighborhood

  • Westfield High School3.0 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

2,472 sq ft

Year Built

2017

Stories

One

Lot Size

0.23 acres

Subdivision

Lakeforest of Noblesville

Section 3

Bedrooms

3

Bathrooms

2 full, 1 half

Garage

2 spaces

School District

Noblesville Schools

TAX ASSESSMENT

Hamilton 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

PARCEL & LEGAL

Lot / Section

Section 3

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