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12198 E 206th Street

Noblesville, IN 46060

ActiveListed Jul 31, 2026 · 1 day on market

Key facts

Lot
7.5 acres
Type
Land · Unimproved Land
MLS #
22117042
County
Hamilton
Subdivision
Wayne

About this home

Rare opportunity to acquire 7.5 acres of prime commercial development land in one of Indiana's most sought-after growth corridors. Located at 12198 E 206th Street in Noblesville, this site offers developers a strategic opportunity to capitalize on the continued expansion of Hamilton County, one of the strongest economic and residential growth markets in the state. Positioned directly adjacent to Spectrum and near Duke Energy infrastructure, this property offers the critical location advantages developers seek - strong surrounding businesses, access to essential utilities, and a growing customer base. The site provides an excellent opportunity for a commercial project designed to serve the expanding needs of Noblesville and the surrounding communities. With convenient access to Noblesville, Fishers, Carmel, Westfield, and Indianapolis, this location benefits from strong demographics, increasing demand for commercial services, and a highly desirable business environment. Hamilton County consistently ranks among Indiana's top counties for population growth, income levels, education, and economic opportunity, creating a strong foundation for long-term commercial success. Whether developed as a service retail center, office development, flex/industrial project, medical facility, or other commercial use, this site offers the location, visibility, and market fundamentals needed to support a successful investment.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
A-2

Schools

Elementary school
Deer Creek Elementary
Middle school
Fall Creek Junior High
High school
Hamilton Southeastern HS
School district
Hamilton Southeastern Schools

Taxes

Estimated annual tax
$4,136 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$9,509per month, estimated
Principal and interest $8,569Property tax $345Insurance $595
20% · $340,000
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.

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Listed at$1,700,000
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