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5581 Pennycress Dr

Noblesville, IN 46062

3 bd 3 ba 2,472 sqft Built 2017 Lot 10,019 sqft single_family
Most recent sale
$430,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2026 Sold $455,000 MIBOR
Jan 6, 2026 Listed $450,000 MIBOR
Aug 18, 2022 Sold $430,000 Public Record
Aug 17, 2022 Sold $430,000 MIBOR
Jul 15, 2022 Price changed $439,000 MLS #21864042
Jun 23, 2022 Listed $450,000 MLS #21864042
Aug 31, 2017 Sold $361,563 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $340,700 $66,000 $406,700 $4,755
2024 $340,700 $66,000 $406,700 $4,877
2022 $328,800 $66,000 $394,800 $4,462
2021 $242,100 $66,000 $308,100 $3,981
2020 $228,600 $66,000 $294,600 $3,898
2019 $228,600 $63,300 $291,900 $3,679
2018 $231,000 $63,300 $294,300 $3,804

Property facts

Year built
2017
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,472 sqft
Lot size
10,019 sqft
ZIP code
46062
City
Noblesville
Street
Pennycress Dr
Coordinates
40.02493, -86.07479

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,708
Gross rental yield
10.35%
Implied cap rate
6.73%
Trend-extrapolated value

Frequently asked questions

When did 5581 Pennycress Dr last sell?
5581 Pennycress Dr most recently sold on Aug 18, 2022 for $430,000.
What is the current tax assessment for 5581 Pennycress Dr?
The most recent total assessment for 5581 Pennycress Dr (year 2025) is $406,700 with $4,755 in property tax.
How does 5581 Pennycress Dr's assessment compare to its last sale price?
The current assessment is 5.4% below the last sale price of $430,000.
When was 5581 Pennycress Dr built?
5581 Pennycress Dr was built in 2017.
How does 5581 Pennycress Dr compare to others on Pennycress Dr?
We track 8 other properties on Pennycress Dr. Browse the list under "Other properties on Pennycress Dr" to compare beds, baths, and sale history.
What are the property facts for 5581 Pennycress Dr?
5581 Pennycress Dr is a 3 bed, 3 bath, 2,472 sqft, 10,019 sqft lot single_family.
Is 5581 Pennycress Dr a flip candidate?
No — 5581 Pennycress Dr does not appear in our flips dataset.
Is 5581 Pennycress Dr a tax-appeal candidate?
No — 5581 Pennycress Dr 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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