8048 S Indian Ridge Drive Trafalgar, IN $ 499,500
8048 S Indian Ridge Drive
$ 499,500
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8048 S Indian Ridge Drive

Trafalgar, IN, 46181
$ 499,500
Bedrooms3 Baths2.1 Sq 2,246

Monthly Estimate*

$ 3,076

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Single Family Home for sale in Trafalgar, IN

for $499,500 with 3 bedrooms and 2 full baths, 1 half bath. This 2,246 square foot home was built in 1987 on a lot size of 0.96.

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.

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Single Family Active

Price

$ 499,500

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 2,700

Style

Ranch

Lot Size

0.96

Year Built

1987

Town/City

Trafalgar

County/Region

Johnson

MLS | Web ID

22068997

Features
Interior
Interior Amenities Attic Access Breakfast Bar Hardwood Floors Pantry WoodWorkStain/Painted
Basement Finished Walk-Out Access
Total Fireplaces 2
Fireplace Features Basement Family Room Living Room Wood Burning
Basement (Y/N) Y
Half Baths 1
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 928
Main Level Bedrooms 1
Total Baths 3
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General
Heating Forced Air Electric
Cooling Central Air
Possession Closing
Appliances Dryer Electric Water Heater Disposal Microwave Electric Oven Refrigerator Washer
HOA Fee 1000
Garage Spaces 2
Association Fee Includes Association Home Owners Maintenance Security Snow Removal
Patio/Porch Features Deck Glass Enclosed
Architectural Style Ranch
Construction Materials Cedar
Year Built 1987
Township Hensley
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Assoc Fee Paid Per Annually
County Johnson
New Construction N
Property Type Residential
Association Amenities Maintenance Security Snow Removal
HOA Y
Subdivision Name Lamb Lake Estates
Garage Y/N Y
Total Rooms 8
Full Baths 2
Status Active
Directions GPS Friendly
City Trafalgar
High School District Nineveh-Hensley-Jackson United
MLS Area 4107 - Johnson - Hensley
Lot Size Square Feet 41817
Property Attached Y/N N
Current Financing Conventional
Additional Parcels Y/N N
Standard Status Active
Tax Lot 53
Legal Description LAMB LAKES EST 7TH SEC LOT 53
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Exterior
Exterior Amenities Gutter Guards
Parking Features Attached Asphalt Gravel
Lot Features Mature Trees Wooded
Water Source Public
Foundation Details Block Brick
Building Area Total 2246
Lot Size Acres 0.96
Waterfront Y/N N
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Smythe & Co, Inc

Broker

daniel@smytherealestate.com

Email

Affordability Calculator

$3,301
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,076
Monthly Property Taxes
$225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4046484 Elementary School
4046494 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$499,500 -6.64% Price Down
10/22/2025$535,000 Listed Price

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8048 S Indian Ridge Drive, Trafalgar, IN, 46181 is a Single Family Home for sale at $499,500 with 2,246 sqft and a lot size of 0.96. 8048 S Indian Ridge Drive has 3 bedrooms, 2.1 baths, and was built in 1987. The property's zip code is 46181 which is in Trafalgar, IN