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Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you list 18 Point Ln

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Arcadia, Indiana and the rest of Hamilton County. Whether you're ready to sell 18 Point Ln in Point or just curious what your home is worth in today's Arcadia market, he can put together a no-pressure valuation.

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ABOUT THIS HOME

Welcome to a truly special offering-set on 3.77 acres with an unbelievable 673 feet of water frontage! This is one of the largest and most dramatic lots on Morse Reservoir, perfectly positioned on a prominent point that delivers panoramic views, unbeatable sunsets, and a front-row seat to the July 4th fireworks. Situated in a peaceful idle zone, it's ideal for kayaking, paddle boarding, and floating, with calm waters all around-yet just a short boat ride to the main water sports area when you're ready for more action. The home itself has a contemporary, architectural vibe-not your average lake house! Approx. 3,500 square feet with 4 bedrooms. Two main-floor bedrooms were opened up to create one large suite, but the seller is willing to reinstall the wall with an acceptable offer to restore the original 4-bedroom layout. Features include a striking two-sided fireplace in the great room, an updated kitchen, 3 car garage, a new water heater, and an energy-efficient geothermal system. You'll also love the abundant deck space-perfect for entertaining or simply soaking in the views. Outside, enjoy a composite dock with boat lift and one of the most impressive lakefront settings Morse has to offer. This is a rare opportunity to own a truly one-of-a-kind property that combines acreage and water frontage -in one unforgettable package.

Listed by Andy Sheets· Compass Indiana, LLC· MLS# 22048091
Recently SoldSold in 278 days

$1,200,000

$1,275,000

4Beds
2.1Baths
3,391Sq Ft

Welcome to a truly special offering-set on 3.77 acres with an unbelievable 673 feet of water frontage! This is one of the largest and most dramatic lots on Morse Reservoir, perfectly positioned on a prominent point that delivers panoramic views, unbeatable sunsets, and a front-row seat to the July 4...

Listed by Andy Sheets· Compass Indiana, LLC· MLS# MBR22048091

3,561

Sq Ft

1987

Year Built

Off Market

Status

$675,600

Assessed Value

4

Bedrooms

Key things to know

  • Sold 14% below list in 278 days
  • Fireplace
  • 3-car garage
  • 3.77-acre lot
  • Point subdivision

Sold

$1,100,000

-$175,000 below list (-13.7%)

Closed
May 8, 2026
Listed at
$1,275,000
Sold
1 week ago
Sold in
278 days

Price history

  1. Sold$1,100,000

    May 8, 2026

  2. Price reduced$1,275,000 → $1,200,000

    Jul 25, 2025

  3. Listedat $1,275,000

    Jul 1, 2025

Comparative value

3 comps in this range

This home is 24% above median for similar nearby sales.

$320K$951KMedian $890K
$1.1M

Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.

Sheldon Barnes

Sheldon Barnes

Real Estate Agent · Carmel Realty LLC

License No. RB21000235

FEATURES & AMENITIES

Interior

High CeilingsCeiling VaultedKitchen IslandEntrance FoyerPaddle FanHardwood FloorsHi-Speed Internet AvailblPantryWalk-In Closet(s)Wood Work Stained

Exterior

Storage Shed

Climate

Heat: GeothermalCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $1,275,000Listed· Jul 1, 2025

  • $1,200,000Reduced

    $75,000 (5.9% off original)

278 days on market

Layout

Main
21.18 rooms1,807 sq ft
Upper
214 rooms1,584 sq ft

Primary suite

Balcony,Closet Walk in,Deck

Primary bath

Sinks Double,Suite,Tub Full with Shower

Schools

Hamilton Heights School Corp

  • Elementary

    Hamilton Heights Elementary School

  • Middle

    Hamilton Heights Middle School

  • High

    Hamilton Heights High School

Neighborhood

  • Westfield High School8.3 mi
  • Hamilton Town Center10.3 mi
  • Hamilton Southeastern HS10.5 mi
  • Conner Prairie11.5 mi
  • Clay Terrace11.6 mi
  • Fishers High School11.7 mi

OFF-MARKET PROPERTY DETAILS

Living Area

3,561 sq ft

Year Built

1987

Stories

Two

Subdivision

Point

Bedrooms

4

Bathrooms

2 full, 1 half

Garage

3 spaces

School District

Hamilton Heights School Corp

TAX ASSESSMENT

Hamilton County assessed values for current year

Total Assessed Value

$675,600

Land Value

$310,400

Land$310,400

46% of total

Improvement Value

$365,200

Improvements$365,200

54% of total

Annual tax · 2024
$6,622
Exemption
Homestead

PARCEL & LEGAL

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