Pending — 8048 S Indian Ridge 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 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.
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.
$499,500
$535,000
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...
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
- PendingAccepted offer
May 6, 2026
- Price reduced$535,000 → $499,500
Nov 20, 2025
- Listedat $535,000
Oct 21, 2025
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Comparative value
5 comps in this range
This home is 37% 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
$535,000Listed· Oct 21, 2025
$499,500Reduced
↓ $35,500 (6.6% off original)
188 days on market
Layout
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

