Sold — 7400 Oakbay Drive, Noblesville, IN 46062
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Sheldon Barnes can help you list 7400 Oakbay 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 7400 Oakbay Dr in Subdivision Not Available See Legal or just curious what your home is worth in today's Noblesville market, he can put together a no-pressure valuation.
ABOUT THIS HOME
Enjoy the awesome water views! Architecturally designed, this waterfront home is nestled in the exclusive Oakbank subdivision, situated between the Oakbay and Forest Bay neighborhoods on the picturesque west bank of the Morse Reservoir. Boasting a spacious 1.45-acre wooded lot, this property features 183 feet of shoreline, an illuminated athletic field, a sizable 40' x 35' basketball court, and is even pre-plumbed for a potential swimming pool. The 6913 sq. ft. custom built brick residence includes a 5-car garage with front and back driveways leading to each adjoining neighborhood. The home offers 5 bedrooms (4 with walk-in closets), 5 full bathrooms, and 2 half baths, with the Primary Bedroom conveniently located on the main floor. With 9' and 12' ceilings throughout the first floor, the residence also boasts custom California Closet shelving in all walk-in closets and both kitchen pantries. Grand 2 story foyer & main hallway, all doors are oak, main hallway has OAK hardwood floors! The main level features a spacious center-island Kitchen with 2 walk-in pantries, a cozy dining area, a welcoming Great Room with a fireplace that walks out to outdoor deck, a formal Dining Room, a Laundry/Sewing Room, a convenient Computer Room/Office, and a large screened-in Porch leading to an expansive full-house-width deck - perfect for enjoying the serene surroundings. This home offers both front and back stairways accessing all three levels. Upstairs you'll find 3 Bedrooms, one of these bedrooms incudes a Guest Suite . The lower level includes Family Room w/fireplace , 5th Bedroom suite w/ private bath , a wet bar, Game Room, a Mechanical Room, and ample storage space. Come see it today!
$1,899,000
Enjoy the awesome water views! Architecturally designed, this waterfront home is nestled in the exclusive Oakbank subdivision, situated between the Oakbay and Forest Bay neighborhoods on the picturesque west bank of the Morse Reservoir. Boasting a spacious 1.45-acre wooded lot, this property feature...
8,370
Sq Ft
1992
Year Built
1.23
Acres
Off Market
Status
$1,334,900
Assessed Value
5
Bedrooms
Key things to know
- Sold 6.5% below list in 28 days
- Fireplace
- Finished basement (2,348 sqft)
- 4-car garage
- 1.45-acre lot
Sold
$1,775,000
-$124,000 below list (-6.5%)
- Closed
- Aug 1, 2025
- Listed at
- $1,899,000
- Sold
- 9 months ago
- Sold in
- 28 days
Price history
- Sold$1,775,000
Aug 1, 2025
- Listedat $1,899,000
May 9, 2025
Recent comparable sales

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Comparative value
5 comps in this range
This home is 56% 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$1,899,000Listed· May 9, 2025
28 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full,Sinks Double,Suite,Tub Full with Separate Shower,Tub Whirlpool
Schools
Noblesville Schools
Elementary
Hinkle Creek Elementary School
Middle
Noblesville West Middle School
High
Noblesville High School
Neighborhood
- Westfield High School6.0 mi
- Hamilton Southeastern HS8.7 mi
- Hamilton Town Center8.7 mi
- Clay Terrace9.1 mi
- Conner Prairie9.4 mi
- Carmel Arts & Design District9.4 mi
OFF-MARKET PROPERTY DETAILS
Living Area
8,370 sq ft
Year Built
1992
Stories
Two
Lot Size
1.23 acres
Subdivision
Oakbank
Bedrooms
5
Bathrooms
5 full, 2 half
Garage
4 spaces
School District
Noblesville Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$1,334,900
Land Value
$525,300
39% of total
Improvement Value
$809,600
61% of total
- Annual tax · 2024
- $13,824
- Exemption
- Homestead
