$347,350Average Value$443Average Price per Sq Ft3Homes For Sale
Riverwood caters to those seeking a quiet setting close to amenities
The Riverwood community offers a breathable landscape that contrasts the dense suburbs of greater Noblesville to the south and west. A lack of commercial development, sprawling fields and the adjacent White River underscore the neighborhood’s rural air. Time spent on the water is a popular pastime here, alongside making stops at longstanding local establishments like Gatewood Vegetable Farm & Greenhouses. “It’s a nice neighborhood,” says Morgan Thomas, who lived and worked in the community for over 3 years. “There are a lot of old-timers who have lived there for decades, but younger couples are also starting to move in.” Varying housing options and price points make the neighborhood accessible to a wide range of homebuyers.
Riverwood Canoe Landing provides a spot to launch watercraft from within the neighborhood.
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From mobile homes and ranch styles to large multi acre properties
Expansive crop fields make up the central portion of Riverwood. Here, properties sit at the end of long driveways, where plots can cover more than 10 acres. However, ranch-style homes in small residential pockets near the community’s outer edges comprise most of the housing stock. Mobile homes are also available in Suburban Estates on the west side and, occasionally, within a section along the river. While housing options vary, commonalities include mid-to-late 20th-century build dates and the absence of a homeowners association. "Because Riverwood doesn’t have one, people can have chickens, goats and whatever else,” Thomas says. Prices typically fall between $100,000 and $350,000. The neighborhood also has a CAP Index Crime Score of 2 out of 10, compared to the national average of 4.
Expansive crop fields make up the central portion of Riverwood. Here, properties sit at the end of long driveways, where plots can cover more than 10 acres.
Ranch-style homes in small residential pockets near the community’s outer edges comprise most of the housing stock.
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White River, Fox Prairie Golf Course and nearby parks
With the White River flowing to the east, residents don’t have to go far to spend a day on the water. Riverwood Canoe Landing provides a spot to launch watercraft from within the neighborhood. “Many people will go out on kayaks,” Thomas says. “They will start below the dam and ride down to Noblesville.” Strawtown Koteewi Park is a hotspot for recreation, from wooded trails and snow tubing slopes to the Taylor Museum of Natural History, which details the area's indigenous history. Noblesville United Soccer Club stays busy with youth leagues, and Fox Prairie Golf Course offers a 27-hole public course next door.
Fox Prairie Golf Course offers a 27-hole public course located close to Riverwood.
Strawtown Koteewi Park, near Riverwood, is a hotspot for recreation, from wooded trails and snow tubing slopes to the Taylor Museum of Natural History, which details the area's indigenous history.
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Residents shop in Noblesville and purchase fresh produce in the neighborhood
Riverwood Trading Post on the community’s eastern side offers a small selection of groceries and daily essentials. Gatewood Vegetable Farm & Greenhouses on East 206th Street has been the spot to pick up locally sourced produce and seasonal goods since 1922. The family owned establishment also sells garden supplies, grills and patio furniture. Developments on State Route 73 in central Noblesville, 4 miles south, feature several big-name retailers, such as Walmart Supercenter and T.J. Maxx. An Aldi for grocery hauls and a handful of chain restaurants share the stretch. Boathouse Kitchen & Swan Dive in Cicero fills during summer when it hosts occasional live music on its patio, which overlooks Morse Lake.
Developments on State Route 37 in central Noblesville, 4 miles south of Riverwood, feature several big-name retailers, such as Walmart Supercenter and T.J. Maxx.
Boathouse Kitchen & Swan Dive in Cicero fills during summer when it hosts occasional live music on its patio, which overlooks Morse Lake.
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Noblesville High School is currently expanding its educational offerings
Noblesville Schools serves most of the community and receives an A from Niche. White River Elementary School earns a B, and Noblesville West Middle School and Noblesville High School score an A-minus. The high school is currently in the process of expanding its campus. The additional space will be centered around STEM and performing arts, with the addition of labs, almost two dozen classrooms and extra space for performing arts courses. The school expects construction to be complete by August 2025.
White River Elementary School has 666 students enrolled in the 2024 school year.
Noblesville High School has a successful athletic program, winning state championships.
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Commutes to surrounding town centers and Downtown Indianapolis
Residents get around the community on East 206th Street and Cumberland Road, which are relatively traffic free thanks to the area’s rural setting. State Route 19 cuts through the neighborhood’s western side, providing access to Cicero, 2 miles north. State Route 37 borders to the east and runs south through central Noblesville and down to Indianapolis, 30 miles southwest.
Riverwood's flooding concerns
According to the Federal Emergency Management Agency, properties and roads in the residential pocket along the waterfront are susceptible to high flooding following heavy rainfall. As a result, many of these homes are on stilts to prevent water damage. “When the streets flood, the owners of The Trading Post will allow people to send their packages to the store,” Thomas says. “Then they’ll go out and deliver the packages by boat.”
Riverwood Trading Post on the community’s eastern side offers a small selection of groceries and daily essentials.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Troy Durbin,
an experienced agent in this neighborhood.
Parks in this Area
Forest Park
Baseball/Softball
Basketball
Golf
Potter's Bridge Park
Bike Trails
Boating
Fishing
Tritown Park
Playground
Morse Park & Beach
Baseball/Softball
Boating
Disc Golf
Strawtown Koteewi Park
Federal Hill Commons
Picnic Area
Trails
Playground
Transit
Airport
Indianapolis International
64 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
Riverwood
US
Homicide
1
4
Sexual Assault
2
4
Assault with Weapon
1
4
Robbery
1
4
Burglary
1
4
Motor Vehicle Theft
1
4
Larceny
2
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Riverwood Demographics and Home Trends
On average, homes in Riverwood, Noblesville sell after 174 days on the market compared to the national average of 70 days. The median sale price for homes in Riverwood, Noblesville over the last 12 months is $875,000, up 77% from the median home sale price over the previous 12 months.
Unique opportunity to own 3 lots on the White River in Hamilton County. Lot 255 has footers and foundation with well and septic from prior home. County officials advised only a building permit is needed if same footprint is used for new construction. Building out of the flood plain is required (elevated structure like 256 and 258 Riverwood Drive). Lots 254 and 253 are recreational lots that can
**We kindly ask that all visits be scheduled in advance to respect privacy and safety.** Welcome to your private retreat in the heart of Hamilton County! This one-of-a-kind 7,000 sq. ft. custom log cabin offers luxury living with the rustic charm of a true country estate. Situated on over 9 breathtaking acres, this property is the perfect blend of tranquility, upscale amenities, and outdoor
Welcome to this well-maintained 2-story, 4-bedroom, 2.5-bath home nestled on a peaceful 1-acre lot. A set of Georgian marble sidewalks leads you to the front entrance, a thoughtful detail that sets the tone for the quality found throughout. Inside, the family room features a cozy fireplace flanked by sliding glass doors that showcase beautiful views of the private backyard. This home also offers
Interested in learning more about homes in this area?
Reach out to
Troy Durbin,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,638
Median Age
44
Population Density
1 person/acre
Population under 18
22.1%
On par with the national average
23.8%
Population over 65
19.9%
On par with the national average
19.1%
Finances
Median Household Income
$62,500
Below the national average
$71,702
Average Household Income
$100,010
Education and Workforce
High School Graduates
87.5%
College Graduates
41.1%
Above the national average
34.1%
Advanced Degrees
13.9%
% Population in Labor Force
73.8%
Above the national average
65.1%
Weather
Annual Precipitation
44''
Average Winter Low Temperature
18°F
Average Summer High Temperature
84°F
Annual Snowfall
12''
Area Factors
Somewhat Bikeable
Bike Score®
24/ 100
Car-Dependent
Walk Score®
9/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
