Pending — 4465 Grouse Drive, Trafalgar, IN 46181Schedule a tour or ask a question
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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.
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.
$1,499,000
$1,600,000
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...
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
- PendingAccepted offer
May 11, 2026
- Price reduced$1,550,000 → $1,499,000
Mar 28, 2026
- Listedat $1,600,000
Oct 12, 2025
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Comparative value
5 comps in this range
This home is 144% above median for similar nearby sales.
FEATURES & AMENITIES
Interior
Exterior
Climate
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
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

