A neighborhood with a wide range of home sizes, a community pool and tennis courts, and an annual HOA fee of about $520. Here is what homes have actually sold for and what to confirm before you buy.
Mill Grove is one of the busier neighborhoods in Noblesville. Twenty-two homes sold here in the last 12 months, and they cover an unusually wide range: smaller homes of about 1,400 to 1,800 square feet that sold in the $290,000s to $340,000s, and much larger homes of 3,000 to 4,400 square feet that sold from about $460,000 to $635,000.
Because the MLS lists a few homes under "Retreat at Mill Grove" (a sub-area), searching only one name misses some of them. Both are covered here.
| Closed sales, last 12 months | 22 |
| Median sale price | ~$410,000 |
| Middle half of sales | ~$345,000 to ~$470,000 |
| Full range | ~$220,000 to ~$635,000 |
| HOA fee (listings) | $520 per year, mandatory |
| Management (listings) | Ardsley (on one listing) |
| Schools | Noblesville Schools |
Data note: Sales figures are summarized from MIBOR MLS closed sales in the 12 months before November 2026 and are not a valuation of any one home. HOA details come from recent listings and can change, so confirm with the association before you buy.
The typical Mill Grove sale landed around $410,000, but that median hides two different markets. Smaller homes between 1,400 and 1,800 square feet closed from roughly $290,000 to $345,000. Larger homes from about 3,000 to 4,400 square feet closed from roughly $460,000 to $635,000. Which group a house belongs to matters more than the neighborhood name.
Because 22 homes sold in a year, there is usually decent recent comparison data for either type, but a fair price for a 1,450 square foot home and a 4,000 square foot home in Mill Grove are very far apart. Compare like with like.
Recent listings show a mandatory fee of $520 per year, paid annually. An older listing in the neighborhood showed $400, so dues have gone up. Ardsley appears as the management company on one recent listing, but several listings leave it blank, so confirm who currently manages the association.
Listings say the fee covers the entrance, common-area maintenance and insurance, a park and playground, and professional management, and one listing also mentions snow removal. Amenities listed are a pool, playground, and tennis courts. Confirm what is and is not included, since listings are not always consistent.
Ask for the covenants and the current budget, and ask whether there is a transfer or resale fee at closing. If you plan to rent a home out, ask for the rental rules in writing. I have not read Mill Grove's recorded covenants, so I am not summarizing its architectural or use rules here.
I read the declaration recorded in 2000 by the original developer. The main points:
This summary is from a courtesy copy of the recorded declaration. Later amendments and current association rules were not reviewed, and any of these provisions may have been changed, so confirm with the association before you buy.
A note from Ryan: I put this guide together from MLS sales and listing data, because most neighborhood pages online are auto-generated and skip the part that matters: the real numbers and what to confirm. If I got something wrong or out of date, tell me and I will fix it.
Over the last 12 months (as of November 2026), 22 homes closed with a median near $410,000. Half of sales were between about $345,000 and $470,000, and the full range ran from about $220,000 to $635,000.
Recent listings show $520 per year, mandatory. An older listing showed $400. Confirm the current amount with the association before you offer.
Listings show a pool, playground, and tennis courts, with entrance and common-area maintenance covered by the fee.
Noblesville Schools. Confirm the exact school assignment for any address with the district.
Comparing options? Read the other Noblesville neighborhood guides: Lochaven, Oakmont, South Harbour, North Harbour, Pebble Brook, Sagamore, Slater, West Harbour. Or start at the Noblesville overview.
I'm happy to talk through what your home might sell for, or what to look for in a specific house. No pressure, just straight answers.