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Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you tour 4465 Grouse Drive

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Trafalgar, Indiana and the rest of Hamilton County. Book a private tour of 4465 Grouse Drive in Lamb Lake Estates, ask any question about this home, or talk through what you should know about buying in Trafalgar.

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ABOUT THIS HOME

Located on 500 acre Lamb Lake, this beautiful 4 bedroom/3.5 bath home has absolutely everything you need to enjoy privately or entertain friends and family. Meticulously cared for, this property offers 3 levels of usable space. Top level includes 2 bedrooms, full bathroom, recently updated kitchen with large dining area, formal sitting area with fireplace and stunning lake-side views. Middle level offers a spacious family room with soaring 20 ft ceilings and incredible natural light or choose to joy the cozy sitting area around 2nd wood burning fireplace and bar. Primary bedroom on middle level boasts a large walk in closet and access to screened in patio. Lower level has expansive bunk room, full bath and workout/gym area. This home has a screened in porch, open air porch, multiple decks/patios, the outdoor areas will cater to a multitude of wants and loves. Lakeside gazebo is a great option to warm up around the fire pit after a long day on the water. Fully landscaped property and terraced down to large private dock spanning the 150ft of shoreline with power and covered boat lift. Phenomenal water views and lake location providing plenty of space to swim, fish and sunbathe. Great storage space in and out. Decking is maintenance-free trex composite. Outdoor shower, home generator, whole house surge protection, newer tank-less water heater, wine fridge, integrated surround sound speakers; the intricate details on this property go on and on.

Listed by Daniel Frische· Smythe & Co, Inc· MLS# 22067815
Pending212 days on market

$1,499,000

$1,600,000

4Beds
3.1Baths
4,136Sq Ft

Located on 500 acre Lamb Lake, this beautiful 4 bedroom/3.5 bath home has absolutely everything you need to enjoy privately or entertain friends and family. Meticulously cared for, this property offers 3 levels of usable space. Top level includes 2 bedrooms, full bathroom, recently updated kitchen w...

Listed by Daniel Frische· Smythe & Co, Inc· MLS# MBR22067815

4,136

Sq Ft

1974

Year Built

4

Bedrooms

3.1

Bathrooms

Key things to know

  • Private dock with power and covered boat lift on 150 ft of shoreline
  • Primary bedroom on main level with screened patio access
  • Three finished levels with soaring 20 ft ceilings and fireplace
  • Lower level gym/workout area and bunk room
  • Maintenance-free trex decking, multiple outdoor entertaining spaces

Price history

  1. PendingAccepted offer

    May 11, 2026

  2. Price reduced$1,550,000 → $1,499,000

    Mar 28, 2026

  3. Listedat $1,600,000

    Oct 12, 2025

Comparative value

5 comps in this range

This home is 144% above median for similar nearby sales.

$350K$1.1MMedian $615K
$1.5M

FEATURES & AMENITIES

Interior

Attic Pull Down StairsBreakfast BarHigh CeilingsTray Ceiling(s)Ceiling VaultedKitchen IslandEntrance FoyerHardwood FloorsHi-Speed Internet AvailblEat-in KitchenSupplemental StorageWired for SoundWalk-In Closet(s)

Exterior

Gutter GuardsFire PitOutdoor Shower

Climate

Heat: Forced AirHeat: Natural GasHeat: Heat PumpCool: Central Air

THE FACTS

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

Price history

  • $1,600,000Listed· Oct 12, 2025

  • $1,499,000Reduced

    $101,000 (6.3% off original)

212 days on market

Layout

Main
11.14 rooms1,888 sq ft
Upper
214 rooms1,600 sq ft
Basement
112 rooms648 sq ft finished

Primary suite

Closet Walk in,Porch,See Remarks

Primary bath

Shower Stall Full

Schools

Nineveh-Hensley-Jackson United

    Neighborhood

    • Downtown Indianapolis28.7 mi
    • Monon Trail (Carmel)42.0 mi
    • Zionsville Community HS42.2 mi
    • Carmel Central Park42.3 mi
    • IU Health North Hospital42.5 mi
    • Carmel High School42.6 mi

    PROPERTY DETAILS

    Living Area

    4,136 sq ft

    Year Built

    1974

    Stories

    Three Or More

    Subdivision

    Lamb Lake Estates

    Bedrooms

    4

    Bathrooms

    3 full, 1 half

    Garage

    2 spaces

    School District

    Nineveh-Hensley-Jackson United

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