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    14520 E State Road 38 E Noblesville, IN 46060

    For Sale
    $299,900

    Mixed Use - Noblesville, IN

    Type:Mixed Use
    Property size:
    2,000 SF
    Lot size:
    1.25 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 14520 E State Road 38 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    A3
    APN
    291101000007000016
    Exterior features
    Fencing
    Fencing
    Fenced
    Size
    2,000 SF
    Lot size
    1.25 Acres

    Building Details

    Year built
    1898
    Roof type
    Asphalt
    Architectural style
    Other

    RE/MAX Real Estate Solutions (765) 640-1900 [email protected]

    Listing agent Marty Dulworth (765) 640-1900 License #RB22002095

    Listing date Aug 6, 2025

    MLS# 22055185 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Schoolhouse with Garden Potential

    This historic schoolhouse, constructed in 1898, presents a unique opportunity for a new owner to revitalize the property. Previously utilized for flower beds and gardens, the 2000 square foot building sits on a 1.25-acre lot. The roof was replaced in 2013-2014, with careful attention to historical accuracy, including the addition of decorative soffit to match the original schoolhouse design. Located in Noblesville, Indiana, this property offers a chance to create something new while preserving a piece of local history. The zoning is A3.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Building Supply Hotel & Motel Kitchen & Bath Garden Center Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Noblesville
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.906387
    Latitude
    40.031423

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    FAQs

    What type of property is this?
    School - Charming 1898 schoolhouse on 1.25 acres, ready for revitalization.
    Where is this school located?
    The property is located at 14520 E State Road 38 E Noblesville, IN.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Historic 1898 schoolhouse property.; - Roof replaced in 2013-2014 to match original schoolhouse design.; - Decorative soffit added to match original schoolhouse design.
    (765) 640-1900
    Request Owner's contact information
    14520 E State Road 38 E Noblesville, IN 46060
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    Noblesville, IN 46060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14520 E State Road 38 E Noblesville, IN 46060
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