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16857 Palmetto Way

Noblesville, IN 46062

4 bd 3 ba 2,345 sqft Built 2004 Lot 12,197 sqft single_family
Most recent sale
$302,500
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2025 Sold $372,500 MIBOR
Jun 27, 2025 Price changed $380,000 MIBOR
Jun 4, 2025 Price changed $385,000 MIBOR
May 18, 2025 Listed $390,000 MIBOR
Aug 12, 2022 Sold $302,500 Public Record
Aug 8, 2022 Sold $352,000 MIBOR
Jun 20, 2022 Listed $350,000 MLS #21864067
Mar 18, 2021 Sold $280,000 Public Record
Mar 16, 2021 Sold $290,000 MIBOR
Feb 8, 2021 Listed $274,900 MLS #21764110
Feb 11, 2004 Sold $197,305 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $286,400 $58,800 $345,200 $3,974
2024 $286,400 $58,800 $345,200 $4,144
2022 $256,700 $58,800 $315,500 $3,559
2021 $166,400 $58,800 $225,200 $2,846
2020 $148,000 $58,800 $206,800 $2,673
2019 $158,800 $33,200 $192,000 $2,361
2018 $143,700 $33,200 $176,900 $2,253
2017 $138,900 $33,200 $172,100 $2,107
2016 $126,000 $33,200 $159,200 $1,896
2015 $118,400 $32,300 $150,700 $1,773
2014 $112,200 $32,300 $144,500 $1,698
2013 $108,200 $32,300 $140,500 $1,593
2012 $106,700 $32,300 $139,000 $1,582
2011 $111,800 $29,100 $140,900 $1,574
2010 $111,800 $29,100 $140,900 $1,409
2009 $111,800 $29,100 $140,900 $1,374
2008 $111,800 $29,100 $140,900 $1,457

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,345 sqft
Lot size
12,197 sqft
ZIP code
46062
City
Noblesville
Street
Palmetto Way
Coordinates
40.03317, -86.05061

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,518
Gross rental yield
13.96%
Implied cap rate
9.07%
Trend-extrapolated value

Frequently asked questions

When did 16857 Palmetto Way last sell?
16857 Palmetto Way most recently sold on Aug 12, 2022 for $302,500.
What is the current tax assessment for 16857 Palmetto Way?
The most recent total assessment for 16857 Palmetto Way (year 2025) is $345,200 with $3,974 in property tax.
How does 16857 Palmetto Way's assessment compare to its last sale price?
The current assessment is 14.1% above the last sale price of $302,500.
When was 16857 Palmetto Way built?
16857 Palmetto Way was built in 2004.
How does 16857 Palmetto Way compare to others on Palmetto Way?
We track 8 other properties on Palmetto Way. Browse the list under "Other properties on Palmetto Way" to compare beds, baths, and sale history.
What are the property facts for 16857 Palmetto Way?
16857 Palmetto Way is a 4 bed, 3 bath, 2,345 sqft, 12,197 sqft lot single_family.
Is 16857 Palmetto Way a flip candidate?
Yes — 16857 Palmetto Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 16857 Palmetto Way a tax-appeal candidate?
No — 16857 Palmetto Way 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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