OFF MARKET

Off Market Aug 2024 for $385K

$424,665

•

2,392

sq ft

16240 Cherry Tree Rd, Noblesville, IN 46062

About this home

Discover a secluded oasis within city limits at this captivating acreage property. Nestled behind a front gate, privacy abounds amidst lush, meticulously maintained landscaping. This charming residence features two bedrooms and one-and-a-half bathrooms, complemented by a full basement (ready for your personal touch) with an inviting office space. This home seamlessly integrates modern convenience with comfort. CAT6 hardwiring for seamless connectivity and high-speed internet access, "Smart" lights for enhanced energy efficiency, and hardwired for exterior cameras enhancing security. Freshly painted interiors highlight great living space, perfect for relaxation or entertaining guests. Indulge in modern comfort and functionality with this updated city acreage retreat. Recent enhancements go beyond aesthetics, ensuring both convenience and peace of mind. Updates include a Tankless water heater for endless hot water on demand, New well tank to optimize water supply efficiency, Dosing tank alarm for proactive monitoring and maintenance, whole house filter, Reverse osmosis system for pure drinking water straight from the tap, State-of-the-art septic system, enhancing waste management, Dual softeners for premium water quality throughout, Upgraded electrical box with capacity for additional panel expansion, 4year roof w/Gutter guards to protect against debris and minimize maintenance. These thoughtful updates elevate daily living, ensuring a blend of modern technology with the serene charm of beautifully landscaped surroundings. New expansive driveway adds a ton of extra parking space or the space you need for that epic basketball game. After that, enjoy some relaxing time in your Hot Tub! Experience the best of both worlds with this rare offering-a serene retreat offering privacy, yet conveniently located near dining, shopping, and retail amenities.

Single-familyProperty Type

1946Year Built

2.25 acresLot Size

$178Est. Price/Sq.Ft.

1 car garageParking

Listed by Wendy Gillespie • F.C. Tucker Company

Contact: wendyg@talktotucker.com

Bought with Alexis Alvey • The Brokerage Company of Indiana

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21993508

Redfin Estimate

$424,665

$40K since sold in August 2024$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.3% higher than the average sale price ($375K) of 6 comparable homes.

SOLD AUG 7, 2026
$382,000
A
3 beds2 baths2,063 sq ft
16863 Peach Ln, Noblesville, IN 46062
SOLD JUL 22, 2026
$370,000
B
3 beds2 baths2,038 sq ft
16790 Maraschino Dr, Noblesville, IN 46062
SOLD SEP 1, 2026
$375,000
C
2 beds2 baths1,820 sq ft
17167 Mckenna Way, Noblesville, IN 46062
SOLD MAY 19, 2026
$465,000
D
4 beds2.5 baths2,193 sq ft
106 Bays Dr, Noblesville, IN 46062
SOLD JUL 21, 2026
$323,700
E
3 beds2 baths1,551 sq ft
7055 Blue Ridge Dr, Noblesville, IN 46062
SOLD JUN 3, 2026
$333,000
F
3 beds2 baths1,722 sq ft
7260 Blue Ridge Dr, Noblesville, IN 46062

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Earn from this home

Sell

$101,204

Est. take-home

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Rent

$1,799/mo

Redfin rental estimate

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Market trends in 46062, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.1%

+0.2% MoM

Median sale price

$443K

$13K MoM

Avg. days on market

18d

1 days MoM

Recently sold homes

272

18 MoM

New listings for sale

NEW 26 HRS AGO
$394,900
3 beds2.5 baths2,688 sq ft
18733 Hewes Ct, Noblesville, IN 46062
OPEN SUN, 12PM TO 2PM
$400,000
4 beds2.5 baths2,872 sq ft
5659 Bruce Blvd, Noblesville, IN 46062
$369,900
3 beds2 baths1,836 sq ft
709 Elmwood Cir, Noblesville, IN 46062
$309,000
3 beds2 baths1,450 sq ft
5896 Crosscut Ln, Noblesville, IN 46062
OPEN SUN, 12PM TO 2PM
$850,000
3 beds2.5 baths2,260 sq ft
6575 E 171st St, Noblesville, IN 46062
3D WALKTHROUGH
$425,000
3 beds2.5 baths2,457 sq ft
4255 Limbaugh Way, Westfield, IN 46062
$700,000
5 beds5 baths4,629 sq ft
15747 Barnard Dr, Noblesville, IN 46062
$475,000
4 beds2.5 baths3,032 sq ft
5349 Veranda Dr, Noblesville, IN 46062
$305,000
3 beds2 baths1,500 sq ft
18907 Prairie Crossing Dr, Noblesville, IN 46062
$285,000
3 beds2 baths1,245 sq ft
19398 Links Ln, Noblesville, IN 46062
See all

Provided by Redfin

Sale history for 16240 Cherry Tree Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21993508

Aug 28, 2024

Sold

$385,000

$161/sq ft

Aug 20, 2024

Pending

—

Aug 5, 2024

Listed

$425,000

$178/sq ft

MIBOR as Distributed by MLS Grid #21307986

Sep 29, 2014

Listing Removed

—

Sep 26, 2014

Sold

$193,000

$81/sq ft

Aug 3, 2014

Listed

$194,900

$81/sq ft

This is an incredible opportunity on 2.25 Acres on Cherry Tree Rd. The floor plan has been totally transformed to include all the modern amenities you are looking for: Open Floor Plan, Laundry/Mud Room, Updated Electrical & Plumbing, Huge Master Bedroom with a beautifully Tiled Master Bath/Spa! Yes, it is everything she has ever wanted! New Laminate flooring, fresh neutral paint, and crown molding throughout. The kitchen is very functional and totally brand new. Very efficient home!

MIBOR as Distributed by MLS Grid #21202706

Apr 9, 2013

Listing Removed

—

Oct 29, 2012

Listed

$150,000

$63/sq ft

MIBOR as Distributed by MLS Grid #21178192

Oct 25, 2012

Listing Removed

—

May 23, 2012

Listed

$165,000

$69/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$5,806 (+171.7%)

$85,500 + $249,400

$334,900

2024

$2,137 (+5.8%)

$85,500 + $249,400

$334,900

2023

$2,021 (+11.5%)

$79,800 + $145,100

$224,900

2022

$1,812 (+14.1%)

$79,800 + $145,100

$224,900

2021

$1,588 (+3.3%)

$79,800 + $116,700

$196,500

2020

$1,537 (+14.9%)

$79,800 + $94,200

$174,000

2019

$1,338 (−2.3%)

$79,800 + $88,300

$168,100

2018

$1,370 (+8.8%)

$54,700 + $96,700

$151,400

2017

$1,258 (−11.4%)

$55,100 + $89,400

$144,500

2016

$1,421 (+9.6%)

$55,100 + $89,400

$144,500

2015

$1,297 (+3.6%)

$55,100 + $96,300

$151,400

2013

$1,252

$55,100 + $87,600

$142,700

Tax history for 16240 Cherry Tree Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,806 (+171.7%)

$85,500 + $249,400

$334,900

2024

$2,137 (+5.8%)

$85,500 + $249,400

$334,900

2023

$2,021 (+11.5%)

$79,800 + $145,100

$224,900

2022

$1,812 (+14.1%)

$79,800 + $145,100

$224,900

2021

$1,588 (+3.3%)

$79,800 + $116,700

$196,500

2020

$1,537 (+14.9%)

$79,800 + $94,200

$174,000

2019

$1,338 (−2.3%)

$79,800 + $88,300

$168,100

2018

$1,370 (+8.8%)

$54,700 + $96,700

$151,400

2017

$1,258 (−11.4%)

$55,100 + $89,400

$144,500

2016

$1,421 (+9.6%)

$55,100 + $89,400

$144,500

2015

$1,297 (+3.6%)

$55,100 + $96,300

$151,400

2013

$1,252

$55,100 + $87,600

$142,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

1.42 Acres

Year renovated

2000

Sq. Ft.

1,196

Year built

1946

Style

Single Family Residential

County

Hamilton County

APN

291011000011000012

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Low Density Residential District

It is the purpose of this district to provide areas of low density, suburban residential development with particular emphasis upon promoting residential subdivision development.

Permitted uses

Include but are not limited to:

Livestock production
Housing-Group
Housing-Single unit
Housing-Other
Bed & breakfast
Golf related
Agriculture-Cropland
Timberland

Property details

Parking

Parking Information
Garage SqFt: 416
Garage Parking Other: Garage Door Opener
Parking Features: Attached
Garage Spaces: 1
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2392
Living Area: 2392
Main Level Sq. Ft.: 1196
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 1196

Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 1
Full Bathrooms MU: 1
Primary Bathroom Description: Shower Stall Full,Tub Full,Tub Garden

Room 1 Information
Room Type: Great Room
Room Features: Laminate
Room Dimensions: 23x11
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Features: Laminate
Room Dimensions: 13x11
Room Level: Main

Room 3 Information
Room Features: Carpet
Room Dimensions: 15x12
Room Level: Main

Room 4 Information
Room Type: Laundry
Room Features: Laminate
Room Dimensions: 11x7
Room Level: Main

Room 5 Information
Room Type: Dining Room
Room Features: Laminate
Room Dimensions: 14x11
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Features: Laminate
Room Dimensions: 9x7
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 4
Rooms Basement: 3
# of Rooms: 7

Laundry Room Information
Laundry Features: Main Level

Basement Information
Has Basement
Basement Features: Daylight/Lookout Windows, Finished, Storage Space

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Basement, Masonry

Heating & Cooling
Heating Information: Forced Air, Propane
Cooling Information: Central Electric

Interior Features
Interior Features: Wood Work Painted, Pantry
Appliances: Dishwasher, Dryer, Disposal, MicroHood, Gas Oven, Washer, Electric Water Heater, Water Softener Owned
Floor Number: 1

Exterior

Building Information
Percent Optional Level Finished: 100

Exterior Features
Patio And Porch Features: Open Patio

Farm Information
Horse Amenities: None

Property Information
Other Equipment: Smoke Alarm, Sump Pump
Property Type: Residential
Has Additional Parcels
Property Sub Type: Single Family Residence

Land Information
Acres: 1-3 Acres

Lot Information
Lot Size Acres: 2.25
Lot Features: Not In Subdivision, Mature Trees, Wooded

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Private Well
Utilities: Cable Available, Electricity Connected, Septic System, Well
Solid Waste Information: No

Location

Multi-Unit Information
Unit Entry Level: 1

School Information
Elementary School: Noble Crossing Elementary School
Middle Or Junior High School: Noblesville West Middle School
High School: Noblesville High School
High School District: Noblesville Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: Acreage 1.42, Section 11, Township 18, Range 4

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 2
Baths: 1.5
Sq. Ft.: 1,196
Stories: 1.0
Lot Size: 1.42 acres
Style: Single Family Residential
Year Built: 1946
Year Renovated: 2000
County: Hamilton County
APN: 291011000011000012

Home facts updated by county records on Jul 20, 2026

Other

Listing Information
Attribution Contact: wendyg@talktotucker.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Wood With Stone
Levels: One

Around this home

Schools

Noble Crossing Elementary School

Public PreK-5 • Assigned • 1.8mi

9/10

Noblesville West Middle School

Public 6-8 • Assigned • 3.7mi

8/10

Noblesville High School

Public 9-12 • Assigned • 3.1mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 17 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Noblesville, IN • 46062

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.9 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$404,000 – $489,000

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Home values near 16240 Cherry Tree Rd

Data from public records.

Address	Redfin Estimate
16437 Cherry Tree Road, Noblesville, IN 3 Beds \| 2.5 Baths \| 4354 Sq. Ft.	$661,884
16275 Cherry Tree Road, Noblesville, IN 4 Beds \| 2 Baths \| 2172 Sq. Ft.	$748,487

Address	Redfin Estimate
16336 Cherry Tree Road, Noblesville, IN 4 Beds \| 3 Baths \| 3708 Sq. Ft.	$752,157
16280 Cherry Tree Road, Noblesville, IN 4 Beds \| 3.5 Baths \| 2893 Sq. Ft.	$586,848

Address	Redfin Estimate
16213 Cherry Tree Road, Noblesville, IN 4 Beds \| 4.5 Baths \| 6009 Sq. Ft.	$1,107,082
16435 Cherry Tree Road, Noblesville, IN 3 Beds \| 2.5 Baths \| 2589 Sq. Ft.	$979,555

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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