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7540 S Susan Lane

Trafalgar, IN 46181
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Bed 4

Bed

Bath 4

Bath

SqFt5,748

Sqft

Acres1.48

Acres(Lot)

Exceptional lakefront retreat on Lamb Lake, where breathtaking water views, timeless elegance, and unparalleled outdoor living come together. Situated on a pristine 1.48-acre waterfront lot with more than 400 feet of shoreline, this remarkable property offers everything you could desire in a luxury waterfront home. Stately all-brick exterior and inviting covered front porch set the stage for the impressive interior that awaits. Nearly 5,800 square feet of thoughtfully designed living space, ideal for entertaining and everyday enjoyment. Main level features a formal dining room, spacious living room with a double-sided fireplace, and an adjoining den/library that shares the ambiance. The open, eat-in kitchen flows seamlessly to a lakeside porch, creating the perfect setting to enjoy morning coffee. Expansive windows throughout the home flood the interior with natural light. Main-level primary suite complete with a walk-in closet and direct access to the deck. The ensuite bath features dual vanities, jetted soaking tub, and a separate tiled shower. Two additional main-level bedrooms share a Jack-and-Jill full bathroom. Finished walkout lower level expands the living space with a large family room, fourth bedroom, full bathroom, fitness area, equipment garage, and multiple storage spaces. Whether you prefer soaking up the sun or relaxing in the shade, you'll find endless opportunities to enjoy the lake. The expansive full-length composite deck, complete with a gazebo, and the covered lower-level patio provide outstanding spaces for entertaining. After a day on the water, gather around the custom outdoor fireplace and enjoy the peaceful evenings. Gently sloping, park-like yard leads to the shoreline and private dock. Unique combination of main-body lake views while offering a dock tucked into a calm cove-perfect for swimming, fishing and your boat slips. Attached 2-car and detached 3-car offer plenty of garage space for storage. Truly a one-of-a-kind waterfront estate!

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Detail Ic Property Details

Property Type : Residential

Price : $1,850,000

AD Id : 85669951

MLS Id : MBR22108600

Beds : 4

Lot Size : 1.48 Acres

Living Area Size : 5,748

Year Built : 1990

Garage : 4

County : Johnson

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Room Information

    Rooms Total: 14 Has Basement: Yes

    Interior Features

    Attic Access, Bath Sinks Double Main, Built-in Features, High Ceilings, Tray Ceiling(s), Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Walk-In Closet(s), Wood Work Stained Appliances: Electric Cooktop, Dishwasher, Down Draft, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Water Softener Owned Laundry Features: Main Level
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Zoned, Forced Air, Natural Gas Cooling: Central Air Water front: 1 WaterSource: Public

  • Building Information

    Year Built: 1990
  • Exterior Features

    Gutter Guards, Lighting, Fire Pit Construction Materials: Brick Foundation Details: Concrete Perimeter, Poured Concrete

  • Lot Information

    Lot Description: Cul-De-Sac, Mature Trees, Wooded Lot Square Feet: 64469 Lot Acres: 1.48

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Ranch

  • Listing Price Information

    Original List Price:$1850000

  • Tax Information

    Tax Block: Pitcher Shores 1 Tax Lot: 6 Tax Legal Description: NW & NE SE S27 T11 R3 Tax Year: 2025 Parcel Number: 411027042025001015 Tax Exemption: Homestead Tax Exemption

  • Parking Information

    Attached, Detached, Concrete, Garage Door Opener, Garage Faces Side, Storage, Workshop in Garage

    Garage Information

    Has Garage: Yes Garage Space: 4 Garage SQFT: 864 Garage SQFT: Finished Garage,Garage Door Opener,Service Door

    Homeowners Association Information

    Included Fees: Association Home Owners, Maintenance, Nature Area, Security, Walking Trails Included Amenities: Maintenance, Security, Trail(s) HOA: $1,000.00 Annually

  • Utility Information

    Electricity Connected, Natural Gas Connected, Septic System, Water Connected Water Source: Public
  • Location Information

    Subdivision: Lamb Lake Estates City: Trafalgar Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6861 S Nineveh Road, Trafalgar, IN, 46181 $799,000 3 3 2,530 2,530 SqFt
504 E Park Street, Trafalgar, IN, 46181 $250,000 3 2 3,408 3,408 SqFt
503 E Park Street, Trafalgar, IN, 46181 $269,900 3 2 1,680 1,680 SqFt
9378 Green Road, Trafalgar, IN, 46181 $339,900 4 2 1,902 1,902 SqFt
48 Manchester Drive, Trafalgar, IN, 46181 $380,000 5 3 2,511 2,511 SqFt
503 Oregon Street, Trafalgar, IN, 46181 $90,000 2 1 1,176 1,176 SqFt
646 N Sobota Way, Trafalgar, IN, 46181 $310,000 3 2 1,667 1,667 SqFt
25 Watson Drive, Trafalgar, IN, 46181 $274,900 3 2 1,640 1,640 SqFt
809 W Pearl Street, Trafalgar, IN, 46181 $465,000 4 3 2,575 2,575 SqFt
7592 S Poplar Point Drive, Trafalgar, IN, 46181 $1,099,000 3 3 2,625 2,625 SqFt
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ByOwner last updated this listing 06/21/2026 @ 06:20

MLS: MIBOR #22108600 LISTED BY: Daniel Frische, Smythe & Co, Inc 317-691-4029 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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