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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Clayton, Indiana and the rest of Hamilton County. Book a private tour of 4242 Lakewood Court in Lakewood Estates, ask any question about this home, or talk through what you should know about buying in Clayton.

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ABOUT THIS HOME

Lakefront living with space, privacy, and a setting you simply can't recreate. This 4 bedroom, 3 full bath ranch with a finished walkout basement sits directly on the water in peaceful Clayton, just minutes from Plainfield! Surrounded by mature trees, the property feels tucked away and serene, with sweeping lake views throughout the home. Step outside to a spacious deck with a gazebo overlooking the water, creating a true park-like backdrop that's beautiful year round! Inside, the kitchen features quartz countertops, stainless steel appliances, a black composite sink, and glass tile backsplash. A dining area along the back of the home captures peaceful lake views, making everyday special for morning coffee or evening sunsets. The main level includes a primary suite with original hardwood flooring and private en-suite bath, plus two additional bedrooms and a full bath. The finished walkout basement offers incredible flexibility with a 4th bedroom, full bath, fireplace, game room, and kitchenette - ideal for guests, entertaining, or multi-generational living - all with direct access to the lake. So many major updates are already DONE! In the last two years alone: new roof, well pump, septic system, foundation reinforcement, new water heater, water softener, and sump pump! A rare opportunity to own a well-maintained lakefront home with direct water access, mature trees, and a truly special setting that's hard to find!

Listed by Trent Whittington· @properties· MLS# 22085902
Recently SoldSold in 8 days

$450,000

4Beds
3Baths
3,992Sq Ft

Lakefront living with space, privacy, and a setting you simply can't recreate. This 4 bedroom, 3 full bath ranch with a finished walkout basement sits directly on the water in peaceful Clayton, just minutes from Plainfield! Surrounded by mature trees, the property feels tucked away and serene, with ...

Listed by Trent Whittington· @properties· MLS# MBR22085902

3,992

Sq Ft

1963

Year Built

4

Bedrooms

3

Bathrooms

Key things to know

  • Sold 5.6% below list in 8 days
  • 2 fireplaces
  • Finished basement (1,996 sqft)
  • Lakewood Estates subdivision

Sold

$425,000

-$25,000 below list (-5.6%)

Closed
Apr 23, 2026
Listed at
$450,000
Sold
2 weeks ago
Sold in
8 days

Price history

  1. Sold$425,000

    Apr 23, 2026

  2. Listedat $450,000

    Mar 6, 2026

Comparative value

5 comps in this range

This home is 17% below median for similar nearby sales.

$307K$650KMedian $513K
$425K

FEATURES & AMENITIES

Interior

Breakfast Bar

Climate

Heat: ElectricCool: Central Air

THE FACTS

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

Price history

  • $450,000Listed· Mar 6, 2026

8 days on market

Layout

Main
329 rooms1,996 sq ft
Basement
115 rooms1,996 sq ft finished

Primary bath

Shower Stall Full

Schools

Mill Creek Community Sch Corp

  • Elementary

    Mill Creek East Elementary

  • Middle

    Cascade Middle School

  • High

    Cascade Senior High School

Neighborhood

  • Downtown Indianapolis16.8 mi
  • Zionsville Community HS22.3 mi
  • Carmel Central Park25.1 mi
  • Monon Trail (Carmel)26.2 mi
  • Carmel High School26.7 mi
  • Carmel Arts & Design District27.2 mi

PROPERTY DETAILS

Living Area

3,992 sq ft

Year Built

1963

Stories

One

Subdivision

Lakewood Estates

Bedrooms

4

Bathrooms

3 full

Garage

2 spaces

School District

Mill Creek Community Sch Corp

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