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7251 Morello Ln

Noblesville, IN 46062

4 bd 2 ba 1,696 sqft Built 2006 Lot 10,454 sqft single_family
Most recent sale
$307,428
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $307,428 Public Record
Aug 4, 2022 Sold $310,000 MIBOR
Jun 24, 2022 Listed $310,000 MLS #21864009
Jul 20, 2020 Sold $229,900 Public Record
Jul 17, 2020 Sold $229,900 MIBOR
Jun 12, 2020 Listed $229,900 MLS #21718670
May 30, 2017 Sold $176,026 Public Record
May 26, 2017 Sold $177,500 MIBOR
Apr 22, 2017 Price changed $188,900 MLS #21479877
Apr 21, 2017 Listed $189,000 MLS #21479877
Dec 23, 2011 Sold $119,825 Public Record
Dec 16, 2011 Listing removed $125,900 MIBOR
Jul 18, 2011 Price changed $125,900 MLS #21117504
Jun 3, 2011 Price changed $135,000 MLS #21117504
May 23, 2011 Price changed $140,000 MLS #21117504
Apr 16, 2011 Listed $149,000 MLS #21117504
Dec 19, 2006 Sold $203,376 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $220,500 $53,900 $274,400 $2,968
2024 $220,500 $53,900 $274,400 $3,171
2022 $195,700 $53,900 $249,600 $2,695
2021 $140,400 $53,900 $194,300 $2,427
2020 $122,500 $53,900 $176,400 $2,247
2019 $137,100 $28,400 $165,500 $2,009
2018 $125,300 $28,400 $153,700 $1,895
2017 $117,500 $28,400 $145,900 $1,716
2016 $109,900 $28,400 $138,300 $1,613
2015 $106,500 $32,300 $138,800 $1,612
2014 $102,200 $32,300 $134,500 $1,571
2013 $98,800 $32,300 $131,100 $1,479
2012 $97,400 $32,300 $129,700 $1,469
2011 $103,000 $32,300 $135,300 $1,508
2010 $103,000 $32,300 $135,300 $1,345
2009 $103,000 $32,300 $135,300 $1,290
2008 $103,000 $32,300 $135,300 $1,369

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,696 sqft
Lot size
10,454 sqft
ZIP code
46062
City
Noblesville
Street
Morello Ln
Coordinates
40.03228, -86.04259

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,544
Gross rental yield
9.93%
Implied cap rate
6.45%
Trend-extrapolated value

Frequently asked questions

When did 7251 Morello Ln last sell?
7251 Morello Ln most recently sold on Aug 5, 2022 for $307,428.
What is the current tax assessment for 7251 Morello Ln?
The most recent total assessment for 7251 Morello Ln (year 2025) is $274,400 with $2,968 in property tax.
How does 7251 Morello Ln's assessment compare to its last sale price?
The current assessment is 10.7% below the last sale price of $307,428.
When was 7251 Morello Ln built?
7251 Morello Ln was built in 2006.
How does 7251 Morello Ln compare to others on Morello Ln?
We track 8 other properties on Morello Ln. Browse the list under "Other properties on Morello Ln" to compare beds, baths, and sale history.
What are the property facts for 7251 Morello Ln?
7251 Morello Ln is a 4 bed, 2 bath, 1,696 sqft, 10,454 sqft lot single_family.
Is 7251 Morello Ln a flip candidate?
No — 7251 Morello Ln does not appear in our flips dataset.
Is 7251 Morello Ln a tax-appeal candidate?
No — 7251 Morello Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.0%
2026 Q3
$474.9K
2026 Q4
$471.1K
ZIP 46062 — Median Price History + Forecast

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