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Sheldon Barnes, Carmel Realtor

Is this your home?

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.

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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!

Listed by P. Aaron Starr· F.C. Tucker Company· MLS# 22037367
SoldSold in 28 days

$1,899,000

5Beds
5.2Baths
6,874Sq Ft

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...

Listed by P. Aaron Starr· F.C. Tucker Company· MLS# MBR22037367

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

  1. Sold$1,775,000

    Aug 1, 2025

  2. Listedat $1,899,000

    May 9, 2025

Comparative value

5 comps in this range

This home is 56% above median for similar nearby sales.

$595K$1.7MMedian $1.1M
$1.8M

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 AccessAttic StairwayBath Sinks Double MainBreakfast BarBuilt-in FeaturesHigh CeilingsTray Ceiling(s)Vaulted Ceiling(s)Kitchen IslandCentral VacuumEntrance FoyerHardwood FloorsEat-in KitchenPantrySupplemental StorageWalk-In Closet(s)Wet Bar

Exterior

Basketball Court

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

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

Main
12.18 rooms3,304 sq ft
Upper
323 rooms1,222 sq ft
Basement
11.13 rooms2,348 sq ft finished

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

Land$525,300

39% of total

Improvement Value

$809,600

Improvements$809,600

61% of total

Annual tax · 2024
$13,824
Exemption
Homestead

PARCEL & LEGAL

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