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$2,250,0007946 Mill Stream Circle
For Sale13 days on market

7946 Mill Stream Circle

Indianapolis, Indiana 46278

Mill Pond

$2,250,000

$1,790,000

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5

Beds

6

Baths

10,264

Sq Ft

1997

Year Built

3.18

Acres

Sheldon Barnes, Carmel Realtor

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ABOUT THIS HOME

Lifestyle and opportunity awaits with this custom Leonard Watson Estate sits on 3.18 private, wooded acres along a meandering creek just north of Eagle Creek Park. A setting that feels worlds away while remaining close to everything. Engineered to last generations, the home rises from a framework of 22 steel beams anchored in bedrock, finished by top area artisans with an eye toward quality at every turn. Inside, solid mahogany wood molding, imported European light fixtures, and limestone fireplaces create an atmosphere that is warm, refined, and entirely its own. The gourmet kitchen features a Viking Pro range and granite countertops, and the master bedroom suite offers a private balcony among the treetops alongside a hidden passage to the library. Outside, stone patios, a saltwater swimming pool, a koi pond, and manicured gardens make the most of the natural surroundings, with sprawling green space that invites the possibility of a putting green or your own outdoor vision. The sprawling walkout lower level awaits your personal touch, a rare opportunity to craft the space entirely to your own taste.

Listed by Daniel Magley· Indy's Performance Team Realty· MLS# 22096480

Key things to know

  • 3.18 private wooded acres with creek and water features
  • Saltwater pool and koi pond
  • Master suite with private balcony and hidden passage to library
  • Gourmet kitchen with viking pro range and granite
  • Walkout lower level ready for customization

Monthly payment

Estimate · $2,250,000

$13,471/mo

$11,975 principal & interest · $1,195 tax · $300 HOA

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $450,000 on a loan of $1,800,000.

Price history

  1. Listedat $1,790,000

    Apr 30, 2026

Comparative value

3 comps in this range

This home is 118% above median for similar nearby sales.

$856K$1.4MMedian $1.0M
$2.3M

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.

FEATURES & AMENITIES

Interior

Breakfast BarHigh CeilingsTray Ceiling(s)Kitchen IslandDumbwaiterEntrance FoyerHardwood FloorsHi-Speed Internet AvailblIn-Law ArrangementEat-in KitchenPantryWired for SoundWalk-In Closet(s)WoodWorkStain/Painted

Exterior

BalconySprinkler SystemWater Feature Fountain

Climate

Heat: ZonedHeat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

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

Price history

  • $1,790,000Listed· Apr 30, 2026

13 days on market

Layout

Main
6 rooms3,016 sq ft
Upper
447 rooms3,947 sq ft
Basement
114 rooms3,301 sq ft finished

Primary suite

Balcony,Closet Walk in,Fireplace,Sitting Room

Primary bath

Sinks Double,Suite,Tub Full with Separate Shower,Tub Whirlpool

Schools

MSD Pike Township

    Neighborhood

    • Zionsville Community HS5.4 mi
    • Carmel Central Park9.0 mi
    • Monon Trail (Carmel)10.8 mi
    • Carmel High School11.1 mi
    • Clay Terrace11.1 mi
    • Carmel Arts & Design District11.4 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    10,264 sq ft

    Year Built

    1997

    Stories

    Three Or More

    Subdivision

    Mill Pond

    Bedrooms

    5

    Bathrooms

    5 full, 1 half

    Garage

    4 spaces

    School District

    MSD Pike Township

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