MI Homes proposes 413‑home Forest View Farms on 215 acres in Noblesville, seeks rezoning
MI Homes of Indiana has proposed Forest View Farms, a 413‑unit for‑sale neighborhood on about 215 acres near 166th Street and Olio Road in Noblesville, requesting rezoning to build a mix of ranch and two‑story homes priced from the low $400,000s to about $700,000. The plan goes to the Noblesville Plan Commission Oct. 26, 2026.
MI Homes of Indiana presented plans for Forest View Farms at the Sept. 15, 2026 Noblesville Common Council meeting. The proposal would rezone roughly 215 acres currently zoned A2 General Agriculture District to R3 Residential District and Flood Hazard District to allow 413 for‑sale homes across a range of lot sizes east of Olio Road and south of 166th Street.
Drees Homes is slated to join MI Homes as a second builder. The project envisions ranch homes (about 1,600–2,700+ sq ft) and two‑story homes (about 1,800–3,800 sq ft), anticipated prices from the low $400,000s to $700,000. Plans call for roughly 68 acres of open space, a pool, clubhouse, pickleball courts, walking trails, pocket parks and a disc golf area along Sand Creek. Council members noted features such as basements on ranch plans and praised proposed home elevations.
BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.
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