Skip to content

255 Riverwood Drive

Noblesville, IN 46062

ActiveListed Jul 20, 2025 · 329 days on market

Key facts

Lot
0.33 acres
Type
Land · Residential Lots
MLS #
22051803
County
Hamilton
Subdivision
Riverwood

About this home

Unique opportunity to build on the White River in Hamilton County. Lot 255 has footers and foundation with well and septic from prior home. County officials advised only a building permit is needed if same footprint is used for new construction. Building out of the flood plain is required (elevated structure like 256 and 258 Riverwood Drive). Lots 254 and 253 are available at an additional $49,900 each. No HOA to prohibit boat, truck, and RV parking. Over 150 feet of riverfront if all 3 lots are purchased. Large mature walnuts and sycamores on the property to give a park-like setting. Electric company has approved RV electrical hook ups for lots 253 and 254 Many possibilities for income producing opportunities or a perfect outdoorsman property for kayaking, camping, boating and fishing outside your front door. 5 minutes to Morse Lake, downtown Noblesville, shopping on SR 37, 12 minutes to Ruoff Music Center and 20 minutes to Grand Park. Koteewi Park and Purgatory Golf Course are just a couple minutes away. Agent owned.

Description provided by the listing brokerage.

Exterior

Fencing
FullPartialPrivacy
View
River
Waterfront
River AccessRiver FrontWater View
Other structures
Not Applicable

Systems

Water
Private
Sewer
Septic Tank

Lot and HOA

Lot features
Rural - SubdivisionMature Trees
Zoning
Residential

Schools

School district
Noblesville Schools

Taxes

Estimated annual tax
$894 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$640per month, estimated
Principal and interest $529Property tax $75Insurance $37
20% · $20,990
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$104,950
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.