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FREE GUIDE FROM SHELDON

Thinking about what your home is worth?

Most people checking their own address are considering a move. Whether you're upsizing, downsizing, or just exploring — my free seller guide walks through pricing strategy, prepping for market, photography that sells, and what to expect at closing.

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Sheldon Barnes, Carmel Realtor

Is this your home?

Sheldon Barnes can help you list 5201 Lake Point Dr

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Carmel, Indiana and the rest of Hamilton County. Whether you're ready to sell 5201 Lake Point Dr in Lake Forest or just curious what your home is worth in today's Carmel market, he can put together a no-pressure valuation.

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ABOUT THIS HOME

Nestled in East Carmel neighborhood of Lake Forest, this stunning 4 bedroom 2.5 bath home has all the custom details from Hardwood floors through out the Main Floor, Vaulted ceilings, beautiful wood trim and a brick hearth just to name a few. Walk into the home and you are greeted with soaring 2 story entry, a private office w/ custom bookshelves and a fireplace. The Great Room has a vaulted ceiling and a beautiful brick hearth fireplace. The Great Room is full of light with amazing views of the expansive private backyard. The floorplan is perfect for entertaining with an open floorplan and spacious rooms. The Primary Suite is an oasis with a vaulted ceiling with a huge walk in Closet plus the Primary bath was recently remodeled with a custom tile shower, separate Tub, plus a beautiful vanity, the epitome of luxury. . All the bedrooms are spacious and have large closets. The upstairs has all new carpet. The backyard is really a parklike setting with beautiful flower gardens, mature trees plus a pond. It is haven with beautiful flower beds & perennial gardens, just stunning. Enjoy nature while sitting on the back brick patio, simply perfect! Plus backyard is fully fenced. The basement is huge with 9ft ceilings, the possibilities are endless in the unfinished space. The garage is oversized with a 4ft extension. Recent updates include new Hardy plank siding, garage side door, slider to the backyard, carpet upstairs + basement painted plus new window wells. Walk to the flowing well park, school, shopping and restaurants. This home is beautiful, a perfect place to call home!

Listed by Nancy Mutchmore· F.C. Tucker Company· MLS# 22048441
SoldSold in 3 days

$550,000

4Beds
2.1Baths
2,816Sq Ft

Nestled in East Carmel neighborhood of Lake Forest, this stunning 4 bedroom 2.5 bath home has all the custom details from Hardwood floors through out the Main Floor, Vaulted ceilings, beautiful wood trim and a brick hearth just to name a few. Walk into the home and you are greeted with soaring 2 sto...

Listed by Nancy Mutchmore· F.C. Tucker Company· MLS# MBR22048441

4,368

Sq Ft

1994

Year Built

0.31

Acres

Off Market

Status

$566,400

Assessed Value

4

Bedrooms

Key things to know

  • Sold 2.2% below list in 3 days
  • Fireplace
  • Basement
  • Lake Forest subdivision

Sold

$538,145

-$11,855 below list (-2.2%)

Closed
Jul 23, 2025
Listed at
$550,000
Sold
10 months ago
Sold in
3 days

Price history

  1. Sold$538,145

    Jul 23, 2025

  2. Listedat $550,000

    Jul 7, 2025

Sold
9
Median price
$470,000
Median DOM
18 days

Comparative value

5 comps in this range

This home is 1.3% above median for similar nearby sales.

$495K$738KMedian $531K
$538K

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 CeilingsVaulted Ceiling(s)Kitchen IslandPaddle FanHardwood FloorsPantryWalk-In Closet(s)WoodWorkStain/Painted

Exterior

Sprinkler SystemWater Feature Fountain

Climate

Heat: Natural GasCool: Central Air

THE FACTS

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

Price history

  • $550,000Listed· Jul 7, 2025

3 days on market

Layout

Main
7 rooms1,552 sq ft
Upper
424 rooms1,264 sq ft

Primary suite

Closet Walk in

Primary bath

Shower Stall Full,Sinks Double,Suite,Tub Full

Schools

Carmel Clay Schools

    Neighborhood

    • IU Health North Hospital0.4 mi
    • Monon Trail (Carmel)2.1 mi
    • Carmel High School2.1 mi
    • Carmel Arts & Design District2.3 mi
    • Clay Terrace3.6 mi
    • Fishers High School3.7 mi

    OFF-MARKET PROPERTY DETAILS

    Living Area

    4,368 sq ft

    Year Built

    1994

    Stories

    Two

    Lot Size

    0.31 acres

    Subdivision

    Lake Forest

    Section 7

    Bedrooms

    4

    Bathrooms

    2 full, 1 half

    Garage

    2 spaces

    School District

    Carmel Clay Schools

    TAX ASSESSMENT

    Hamilton County assessed values for current year

    Total Assessed Value

    $566,400

    Land Value

    $140,500

    Land$140,500

    25% of total

    Improvement Value

    $425,900

    Improvements$425,900

    75% of total

    Annual tax · 2024
    $5,118
    Exemption
    Homestead

    PARCEL & LEGAL

    Lot / Section

    Section 7

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