Noblesville Neighborhood Guide

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

Slater is a group of connected Noblesville sections, Farms, Woods, Ridge and Run, with a median sale of $727,500 over the past year. Here is what the sales and the HOA look like.

The short version

Slater at a Glance

In the last 12 months, 10 homes sold across the Slater sections. The median sale price was $727,500, and the middle half landed between about $623,000 and $813,000. The range ran from $550,000 to $999,500.

MLS splits the sales into four names: Slater Woods (4 sales, $700,000 to $825,000), Slater Ridge (3 sales, $606,000 to $790,000), Slater Farms (2 sales, $550,000 and $999,500) and Slater Run (1 sale at $595,000). Ten sales is a small sample, so use these as a guide rather than a precise benchmark.

Sales, past 12 months10
Median sale price$727,500
Middle half of salesAbout $623,000 to $813,000
Price range$550,000 to $999,500
Median price per sq ftAbout $179
Home sizes2,313 to 6,615 sq ft (median about 4,260)
HOA dues (per listings)About $550 to $567 twice a year (roughly $1,100 to $1,133 annually)
ManagementKirkpatrick Management on several listings

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.


Price

What Homes in Slater Actually Sold For

Most sales fell between $600,000 and $825,000, with one at $550,000 and one at $999,500. Homes are on the larger side. The median home was around 4,260 sq ft, and one sold at 6,615 sq ft. Price per square foot came in around $179 at the median.

Because the sections are small, one or two sales can shift a section average. If you are looking at a specific street, ask for the sales on that street over the last two years.


Amenities and HOA

What the HOA Fee Covers

What the listings show

Recent listings showed a mandatory fee of about $550 to $567 paid semi-annually, which is roughly $1,100 to $1,133 per year. One listing showed $1,133 paid annually. Several named Kirkpatrick Management. Listings also referenced covenants and restrictions, and one listed a transfer fee in its HOA disclosure. Ask for the amount and the rules before you write an offer.

Ask before you offer

Amenities

The listings I reviewed described a clubhouse, pool, basketball court, park, playground, picnic area and walking trails, and the fee includes maintenance of common areas and professional management. Confirm which amenities are available to the section the home is in.


Recorded documents

What the Recorded Covenants Say

I read the Declaration of Covenants, Conditions and Restrictions for Slater Farms, recorded in 2005. The same document was filed under the Slater Ridge name in the index. I did not read a separate document for Slater Run.

  • Dues. The declaration does not state a dollar figure. The board sets the annual assessment, due in advance on the first day of the fiscal year, and can allow installments or require full payment if an owner falls behind.
  • Capital contribution at every sale. Each buyer, including on resales, pays a $150 capital contribution to the association at closing, which goes into a reserve account for items like signage, street lights and the pool and bathhouse. The association can adjust the amount, so ask for the current figure.
  • Leasing. I did not find a rule limiting rentals. The declaration does allow a tenant under a written lease of more than a year to be treated as the owner for membership purposes if the lease says so and a copy is filed with the board.
  • Vehicles. Commercial vehicles, tractors, mobile homes, recreational vehicles, trailers, campers, boats and boat trailers may be parked only in enclosed garages or areas the board designates, and inoperable or unlicensed vehicles are not allowed outside a garage.
  • Pets. Dogs, cats and other usual household pets are allowed under board rules, and the board can have a pet removed if it roams free or becomes a nuisance.

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.


Fit

Who Slater Fits, and Who It Doesn't

It tends to fit if you

  • Buyers who want a larger home in Noblesville with a pool and clubhouse
  • Move-up buyers looking in the $600,000 to $850,000 range with 3,500 sq ft or more
  • Families who want playground, courts and trails close to home

It may not fit if you

  • Buyers who want very low HOA dues, since this is above the neighborhoods with fees in the hundreds per year
  • Buyers under about $550,000, because no sales in the past year were below that

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.


Questions

Slater FAQ

What is the median home price in Slater, Noblesville?

Over the last 12 months, 10 homes sold across the Slater sections with a median sale price of $727,500, ranging from $550,000 to $999,500 (MIBOR data, November 2026).

How much are the HOA dues in Slater?

Recent listings showed about $550 to $567 paid twice a year, roughly $1,100 to $1,133 annually. Confirm the current amount and what it covers.

Does Slater have a pool?

Listings described a pool and a clubhouse along with a playground, basketball court and trails. Confirm access for the specific section.

Is Slater one neighborhood?

MLS lists the area under Slater Farms, Slater Woods, Slater Ridge and Slater Run. They appear to share amenities in the listings, but confirm with the association.

Nearby

More Noblesville Neighborhoods

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


Thinking About Buying or Selling in Slater?

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.

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