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Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you tour 8048 S Indian Ridge 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 8048 S Indian Ridge 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

Wonderful opportunity to purchase on 500-acre Lamb Lake. Sitting on almost an acre, this ranch home with finished walk out basement is nestled in a beautiful wooded setting. Home is located off the water, but all lake rights are included and can be enjoyed. Home structure is a wonderful mixture of natural stone and wood exterior with private backyard and multi-level decks offering plenty of area to entertain. Open living room with natural stone fireplace leading into dining and large kitchen with Nichols cabinets. Open basement with 2nd natural stone fireplace, 2 bonus rooms currently used as 2nd and 3rd bedrooms, or could be office and gym. Level driveway with extra gravel area to park & 10x10 workshop in garage. Exterior painted and new gutters in '22. Fresh paint on both decks and glassed-in porch. Hard wood flooring on main level, carpet in master, LVT flooring throughout walk out basement & upper level fully enclosed glass porch installed in '22. Recently updated stone bathroom countertops. Incredible price point for Lamb Lake community where you can enjoy long days on the water enjoying water sports, fishing, or anchoring in coves to enjoy crystal clear water. Close proximity to hiking trails and community activities all year long. 45 min to the airport or downtown Indy, 30 min to Greenwood or Columbus and just 20 mins to historic Nashville and Brown county state park.

Listed by Daniel Frische· Smythe & Co, Inc· MLS# 22068997
Pending188 days on market

$499,500

$535,000

3Beds
2.1Baths
2,246Sq Ft

Wonderful opportunity to purchase on 500-acre Lamb Lake. Sitting on almost an acre, this ranch home with finished walk out basement is nestled in a beautiful wooded setting. Home is located off the water, but all lake rights are included and can be enjoyed. Home structure is a wonderful mixture of n...

Listed by Daniel Frische· Smythe & Co, Inc· MLS# MBR22068997

2,246

Sq Ft

1987

Year Built

3

Bedrooms

2.1

Bathrooms

Key things to know

  • Finished walk-out basement with 2 bonus rooms
  • Lake rights on 500-acre Lamb Lake
  • Natural stone fireplaces on main and basement levels
  • Updated in 2022: new gutters, deck refinish, enclosed glass porch
  • Multi-level decks and private backyard

Price history

  1. PendingAccepted offer

    May 6, 2026

  2. Price reduced$535,000 → $499,500

    Nov 20, 2025

  3. Listedat $535,000

    Oct 21, 2025

Comparative value

5 comps in this range

This home is 37% above median for similar nearby sales.

$287K$420KMedian $364K
$500K

FEATURES & AMENITIES

Interior

Attic AccessBreakfast BarHardwood FloorsPantryWoodWorkStain/Painted

Exterior

Gutter Guards

Climate

Heat: Forced AirHeat: ElectricCool: Central Air

THE FACTS

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

Price history

  • $535,000Listed· Oct 21, 2025

  • $499,500Reduced

    $35,500 (6.6% off original)

188 days on market

Layout

Main
11.14 rooms1,318 sq ft
Basement
214 rooms928 sq ft finished

Primary suite

Closet Walk in

Primary bath

Shower Stall Full

Schools

Nineveh-Hensley-Jackson United

    Neighborhood

    • Downtown Indianapolis28.5 mi
    • Monon Trail (Carmel)41.7 mi
    • Zionsville Community HS42.0 mi
    • Carmel Central Park42.1 mi
    • IU Health North Hospital42.3 mi
    • Carmel High School42.4 mi

    PROPERTY DETAILS

    Living Area

    2,246 sq ft

    Year Built

    1987

    Stories

    One

    Subdivision

    Lamb Lake Estates

    Bedrooms

    3

    Bathrooms

    2 full, 1 half

    Garage

    2 spaces

    School District

    Nineveh-Hensley-Jackson United

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