
Sheldon Barnes
For Sale — 1940 Nantucket Drive, Cicero, IN 460345
Beds
3
Baths
1,606
Sq Ft
1976
Year Built
0.38
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Cicero, Indiana and the rest of Hamilton County. Book a private tour of 1940 Nantucket Dr in Cicero Shores, ask any question about this home, or talk through what you should know about buying in Cicero.
ABOUT THIS HOME
**HUGE PRICE DROP** Welcome to your completely reimagined lakefront retreat at 1940 Nantucket Drive on the main body of Morse Reservoir! This stunning 5-bedroom, 3-full-bath home has been meticulously updated from top to bottom and sits on an expansive .38-acre corner lot with direct lake access and breathtaking water views. Step outside to your private boat dock featuring a canopy & electric boat lift, seawall installed (2016) has been freshly sealed, double-decker lakeside patios including lakeside fire pit, and a huge back deck with new stone wall accent-perfect for entertaining or watching sunsets over the lake. Inside, you'll find a move-in-ready masterpiece with a gorgeous updated kitchen boasting quartz countertops, stainless steel appliances, soft close cabinets, and barstool seating. Brand-new luxury vinyl plank flooring throughout, built for durability. Three completely remodeled modern bathrooms. Updated primary suite w/ high end tile shower. Fresh interior & exterior paint; updated lighting and sheik boho style light fixtures. HVAC system updated in 2022, roof in 2021, for year-round comfort. Storage shed under back deck and built in shelves in the garage. New front steps and front door. Every detail has been thoughtfully refreshed while preserving the timeless charm of this classic lake house. Located less than 20 minutes to Grand Park and just a short walk to the neighborhood park w/ new pickleball courts and a quick golf-cart ride to everything downtown Cicero has to offer-restaurants like Red Bridge Bistro, shops, and seasonal events. No HOA and plenty of room for boats, trailers, toys, or even a future pool, this rare turn-key lakefront property combines modern luxury with the laid-back lake lifestyle you've been dreaming of. Big in all the right places: lakeside entertainment space, yard size & bed/bath count to enjoy w/ friends. Investors - Amazing AirBnB opportunity w/ $100k+ projected booking revenue!
Key things to know
- Private boat dock with electric lift and canopy
- Direct lake access on main body of morse reservoir
- Updated kitchen with quartz counters and stainless appliances
- 3 remodeled bathrooms with luxury tile shower
- 2022 hvac, 2021 roof, vinyl plank flooring throughout
Browse by room
13 rooms · 87 photos
Monthly payment
Estimate · $825,000
$4,751/mo
≈ $4,391 principal & interest · $360 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $165,000 on a loan of $660,000.
Price history
- Price reduced$845,000 → $825,000
May 12, 2026
- Listedat $895,000
Dec 3, 2025
Cicero Shores · activity
past 6 months
- Sold
- 11
- Median price
- $331,000
- Median DOM
- 11 days
Comparative value
4 comps in this range
This home is 175% above median for similar nearby sales.
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.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
AI-curated highlights
INSIDE THIS HOME
FEATURES & AMENITIES
Interior
Exterior
Climate
AI-detected from photos
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$895,000Listed· Dec 3, 2025
$825,000Reduced
↓ $70,000 (7.8% off original)
164 days on market
Layout
Primary bath
Suite
Schools
Hamilton Heights School Corp
Elementary
Hamilton Heights Elementary School
Middle
Hamilton Heights Middle School
High
Hamilton Heights High School
Neighborhood
- Westfield High School7.3 mi
- Hamilton Town Center9.2 mi
- Hamilton Southeastern HS9.3 mi
- Conner Prairie10.3 mi
- Clay Terrace10.4 mi
- Fishers High School10.5 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,606 sq ft
Year Built
1976
Stories
Multi/Split
Lot Size
0.38 acres
Subdivision
Cicero Shores
Section 5
Bedrooms
5
Bathrooms
3 full
Garage
2 spaces
School District
Hamilton Heights School Corp
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$453,400
Land Value
$292,200
64% of total
Improvement Value
$161,200
36% of total
- Annual tax · 2024
- $4,316
- Exemption
- Homestead
PARCEL & LEGAL
Lot / Section
Section 5
