
Sheldon Barnes
For Sale — 7228 Oak Cove Lane, Noblesville, IN 46062$675,000
Schedule a Showing4
Beds
4
Baths
4,958
Sq Ft
1988
Year Built
0.3
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 7228 Oak Cove Ln
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 7228 Oak Cove Ln in Oakbay, ask any question about this home, or talk through what you should know about buying in Noblesville.
ABOUT THIS HOME
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. Close to Morse Reservoir, where you can make lasting memories.
Key things to know
- 2 fireplaces
- Finished basement (1,600 sqft)
- Oakbay subdivision
Monthly payment
Estimate · $675,000
$4,139/mo
≈ $3,593 principal & interest · $533 tax · $14 HOA
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
- $539,900
- Median DOM
- 23 days
Recent comparable sales

$539,900
7020 Oakbay Drive
4bd · 4ba · 3,760 sqft
Sold Jun 2026

$1,675,000
1216 Willow Way
4bd · 3ba · 4,464 sqft
Sold Jun 2026

$570,000
15672 Monson Drive
4bd · 3ba · 3,608 sqft
Sold Jun 2026

$985,000
6942 Bladstone Road
4bd · 5ba · 5,465 sqft
Sold Jun 2026

$510,000
4204 Limbaugh Way
4bd · 3ba · 3,931 sqft
Sold Jun 2026
Comparative value
5 comps in this range
This home is 18% 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.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$675,000Listed· Jun 5, 2026
2 days on market
Layout
Schools
Noblesville Schools
Neighborhood
- Westfield High School5.8 mi
- Hamilton Southeastern HS8.4 mi
- Hamilton Town Center8.4 mi
- Clay Terrace8.9 mi
- Conner Prairie9.1 mi
- Carmel Arts & Design District9.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
5,247 sq ft
Year Built
1988
Stories
Two
Lot Size
0.3 acres
Subdivision
Oakbay
Section 1
Bedrooms
4
Bathrooms
3 full, 1 half
Garage
2 spaces
School District
Noblesville Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$569,900
Land Value
$80,500
14% of total
Improvement Value
$489,400
86% of total
- Annual tax · 2025
- $6,394
- Exemption
- Homestead
PARCEL & LEGAL
Lot / Section
Section 1
