Pebble Brook in Noblesville: What It Costs, What the HOA Covers, and Who It Fits

The Villages section had the most activity, with homes from $264,200 up to $680,000 and sizes from about 1,600 to 5,000 sq ft. The original Pebble Brook section is the entry point, with a median near $347,500 and several homes between $275,000 and $350,000.

Pebble Brook Crossing is the newer, higher-priced section. Its six sales ran from $600,000 to about $860,000, and at least one listing showed builder warranty, so some of these are new or nearly new. Median price per square foot there was about $248, versus roughly $166 to $169 in the older sections.

Pebble Brook is built in several sections, and the index had two of its documents, which I read: the Declaration for Pebble Brook Villas, recorded in January 2018, and the Declaration for The Villages at Pebble Brook, an older document from the early 1990s, along with the 1994 plat covenants for the Villages sections. The other sections may have their own documents that I could not find.

• Pebble Brook Villas dues. Regular assessments are billed quarterly, with a late fee set by the board of at least $25. At every sale after the first, the buyer pays a non-refundable working capital assessment equal to one quarter of the current regular assessment, so ask for the exact figure before closing.
• Pebble Brook Villas rentals. This section has a rental cap. No more than 30 percent of the homes may be leased at a time. An owner cannot lease a home until they have lived in it for at least one year. Leases must be in writing, run at least one year, and cannot exceed two years without board consent based on hardship. The owner must notify the association before leasing, and the association has 20 days to approve or reject, with silence treated as a denial.
• Pebble Brook Villas pets. No more than three household pets such as dogs and cats.
• The Villages at Pebble Brook dues. The maximum annual assessment could rise up to 10 percent a year, cumulatively, without a vote, and more than that only with a two-thirds vote of members.
• The Villages at Pebble Brook rentals. Leases must be in writing and run at least 90 days, and hotel or transient use is not allowed. There are no other restrictions on renting.
• The Villages at Pebble Brook vehicles. Boats, recreational vehicles, trailers and campers cannot be stored outside a garage or screened area.
• Villages plat covenants (Sections I through V). A 1994 plat covenant document, which is representative of Sections I through IV as well, adds lot-level rules on top of the 1992 declaration. Minimum home size is 1,100 square feet for a single story and 1,500 for multi-level, not counting garages and porches. Lots are single-family residential only, with home occupations allowed where zoning permits. Garages must be attached, and detached sheds and storage buildings are not allowed. Campers, motor homes, trucks, trailers, boats and commercial vehicles cannot be stored in open view. Driveways must be concrete or asphalt. Roof antennas, metal or fiberglass patio covers and awnings, above-ground pools and solar panels are prohibited. Satellite dishes are not allowed unless the association approves. Only one for-sale or for-rent sign up to 6 square feet is allowed. No fences or removal of plantings in landscape easements without approval, and corner lots have sight-line limits on fences, hedges and trees. Two-thirds of lot owners can amend these rules, and they renew automatically in 10-year periods unless a majority votes to end them.

This summary is from a courtesy copy of the recorded documents. 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.

What is the median home price in Pebble Brook, Noblesville?

Across 31 sales in the past 12 months, the median was $485,000 and prices ranged from $264,200 to $860,461 (MIBOR data, November 2026). Prices vary a lot by section.

Does Pebble Brook have an HOA?

Yes. The listings I reviewed in the Villages, original Pebble Brook and Crossing sections all showed an association with mandatory fees, and the amounts differ by section.

How much are the HOA dues in Pebble Brook?

Recent listings showed about $478 per year in the Villages, $750 per year in Pebble Brook Crossing, and $385 per month for Sandbrook Dr homes that include lawn care and snow removal. Confirm the current amount for the specific home.

Does Pebble Brook have a pool?

Listings in the Villages At Pebble Brook section described a pool, tennis, pickleball and basketball courts. Other sections may not share those amenities, so confirm access for the home you are considering.

Comparing options? Read the other Noblesville neighborhood guides: Lochaven, Oakmont, South Harbour, Mill Grove, North Harbour, Sagamore, Slater, West Harbour. Or start at the Noblesville overview.