7540 S Susan Lane, Trafalgar, IN 46181

• 4 beds |
• 4 baths |
• 5,748 sqft

Property Description

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!

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 5:17PM

Listing Office:

Smythe & Co, Inc : 317-727-2834

Listing Agent:

Daniel Frische : 317-727-2834

MLS ID:

22108600

Interior

• General: Attic AccessBath Sinks Double MainBuilt-in FeaturesHigh CeilingsTray Ceiling(s)Entrance FoyerHardwood FloorsHi-Speed Internet AvailblPantryWalk-In Closet(s)Wood Work Stained
• Appliances: Electric CooktopDishwasherDown DraftDryerDisposalGas Water HeaterMicrowaveOvenRefrigeratorWater Softener Owned
• Laundry: Main Level
• Basement: Ceiling - 9+ feetFinishedWalk-Out Access
• A/C: Central Air
• Heating: ZonedForced AirNatural Gas
• Fireplace: Two SidedBasementLibraryFamily RoomGas StarterHearth RoomFireplaces: 2

Exterior

• General: Gutter GuardsLightingFire Pit
• Style: Ranch
• Other Structures: DeckScreenedGlass EnclosedCovered
• Parking: AttachedDetachedConcreteGarage Door OpenerGarage Faces SideStorageWorkshop in Garage

Construction

• General: OneConcrete PerimeterPoured Concrete

Location

• HOA Amenities: MaintenanceSecurityTrail(s)Association Home OwnersMaintenanceNature AreaSecurityWalking Trails1000.0Annually
• Originating MLS: mibor
• School District: Nineveh-Hensley-Jackson United
• County: Johnson

Lot

• Zoning: NW & NE SE S27 T11 R3411027042025001015
• View: Trees/WoodsWaterView

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSeptic SystemWater Connected
• Water: Public

Financial

• Source: mibor