$499,500
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.
GPS Friendly
Attic Access, Breakfast Bar, Hardwood Floors, Pantry, WoodWorkStain/Painted, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Deck, Glass Enclosed
| MLS # | 22068997 |
|---|---|
| Date Listed | 2025-10-21 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Single Family Residence |
| Square Feet | 2246 sqft |
| New Construction | No |
| Style | Ranch |
| Type | Single Family Residence |
| Basement | Finished, Walk-Out Access |
| Bedrooms | 3 |
| Bathrooms | 3 (2 Full, 1 Half) |
| Year Taxes Payable | 2024 |
| Year Built | 1987 |
| Days on Market | 46 |
| Design | Ranch |
|---|---|
| Cooling | Central Air |
| Heating | Forced Air, Electric |
| Garage | Yes |
| Construction | Single Family Residence |
|---|---|
| Exterior | Deck, Glass Enclosed |
| Lot Size | 41,817 sq ft |
| Acreage | 0.96 Acres |
| Sewer | Septic |
| Water | Public |
| Fence | None |
| Area | Johnson |
|---|---|
| County | Johnson |
| Subdivision | Lamb Lake Estates |
| Township | Hensley |
| City | Trafalgar |
| State | IN |
| Zip | 46181 |
| School District | Nineveh-Hensley-Jackson United |
|---|
| Assoc. Dues | $1,000.00 Annually |
|---|---|
| Other Fees | $1,000.00 Annually |
MLS# 22068997
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Daniel Frische
Smythe & Co, Inc
daniel@smytherealestate.com
Listing updated November 21, 2025 at 8:39 am
Last checked 4 minutes ago