A 558-home neighborhood next to Dillon Park with two pools and a central lake. Here is what homes sell for and what the HOA covers.
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Lochaven is a 558-home neighborhood, per its HOA, next to Dr. James A. Dillon Park in Noblesville Township. It includes Lochaven of Noblesville, Lochaven at Noble West and the Manors at Lochaven, and most homes that sold here in the last two years were built between 2005 and 2018.
The MLS shows 36 closings in the last 12 months, up from 24, at a median of $775,000, the same as the year before. Homes went under contract in a median of 7 days. These are big houses: a median of about 4,799 square feet.
What you are actually buying: a newer, larger house with two pools, two clubhouses, tennis and pickleball, a central lake and trails, and a 77-acre city park next door. What you are giving up: a low HOA bill; dues are $320 a quarter, per the HOA.
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Sub-plats, a management change, and the park next door.
Lochaven Homeowners Association: $320 a quarter. Kirkpatrick Management took over management effective March 1, 2026. With a new manager, ask for the current budget and reserve study.
See homes →Lochaven of Noblesville, Lochaven at Noble West and the Manors at Lochaven are separate plats. Confirm which one a house is in.
See homes →Dr. James A. Dillon Park, 77.5 acres at 6001 Edenshall Lane, has a skate park, disc golf, fields and a splash pad that was temporarily closed for upgrades.
See homes →The trail follows the old Midland rail line toward Westfield, with a trailhead on Hazel Dell Road. It has gaps; the city plans to extend it.
See homes →Lochaven is served by Noblesville Schools. Confirm the specific school assignment for the address with the district.
Noblesville Schools' 2018 operating referendum expires at the end of 2026, and voters decide on a replacement on November 3, 2026. The maximum rate is 57 cents per $100 of assessed value; the district has said it plans to levy 38.5 cents. Referendum rates sit outside the 1% cap.
Indiana caps homestead property tax at 1% of gross assessed value under the circuit breaker, so most owner-occupants land at or near that figure before any voter-approved referendum rate, which sits outside the cap. Rentals and second homes are capped at 2% and should be modeled separately. Hamilton County's local income tax is 1.1%, unchanged in the Indiana Department of Revenue's county rate notice effective October 1, 2026. Confirm assessments with the Hamilton County Assessor.
If you want water, see the Harbours at Morse. If you want a golf-club community, see Sagamore. For all of Noblesville, see my Noblesville guide.
The median single-family sale was $775,000 over the 12 months through August 2026, on 36 closings, with the middle 80% between $555,000 and $977,500 (MIBOR BLC).
$320 a quarter, per the Lochaven Homeowners Association. Kirkpatrick Management has managed it since March 1, 2026.
Two pools, two clubhouses, tennis and pickleball courts, a playground, a central lake and ponds, and walking trails, per the HOA.
558, per the Lochaven Homeowners Association.
Noblesville Schools. Confirm the specific school assignment for the address with the district.
I'm Wes Johnston, a Realtor with Trueblood Real Estate, based in Fishers. I cover the whole Indianapolis metro, and every guide on this site is built the same way: MIBOR numbers, public sources, and the trade-offs a listing description won't mention.
My job isn't to open doors. It's to tell you what a house is actually worth, what's wrong with it, and whether it's the right move for what you're trying to do — then negotiate hard on your behalf and own the process from contract to close.
If you're two years out, that's fine. Most of my best clients started with a question, not a showing.
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