4465 W  Grouse Dr, Trafalgar, IN 46181
FOR SALE
0.52 ACRES

4465 W Grouse Dr
Trafalgar, IN 46181

  • 4 Beds
  • 3.5 Baths
  • 4,136 sqft (on 0.52 acres)

$1,499,000

Original price: $1,550,000
Est. Mortgage $8,443/mo*

$1,499,000

Original price: $1,550,000
Est. Mortgage $8,443/mo*
4 Beds
3.5 Baths
4,136 sqft
(on 0.52 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Located on 500 acre Lamb Lake, this beautiful 4 bedroom/3.5 bath home has absolutely everything you need to enjoy privately or entertain friends and family. Meticulously cared for, this property offers 3 levels of usable space. Top level includes 2 bedrooms, full bathroom, recently updated kitchen with large dining area, formal sitting area with fireplace and stunning lake-side views. Middle level offers a spacious family room with soaring 20 ft ceilings and incredible natural light or choose to joy the cozy sitting area around 2nd wood burning fireplace and bar. Primary bedroom on middle level boasts a large walk in closet and access to screened in patio. Lower level has expansive bunk room, full bath and workout/gym area. This home has a screened in porch, open air porch, multiple decks/patios, the outdoor areas will cater to a multitude of wants and loves. Lakeside gazebo is a great option to warm up around the fire pit after a long day on the water. Fully landscaped property and terraced down to large private dock spanning the 150ft of shoreline with power and covered boat lift. Phenomenal water views and lake location providing plenty of space to swim, fish and sunbathe. Great storage space in and out. Decking is maintenance-free trex composite. Outdoor shower, home generator, whole house surge protection, newer tank-less water heater, wine fridge, integrated surround sound speakers; the intricate details on this property go on and on.

Home Highlights

Parking
2 Car Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
$83/Monthly
Price/Sqft
$362
Listed
180+ days ago

Home Details for 4465 W Grouse Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Ceiling - 9+ feet,Finished,Walk-Out AccessNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Great Room, Hearth Room, Kitchen
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 4136 Square Feet
Appliances & Utilities
Utilities: Water ConnectedAppliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Exhaust Fan, Microwave, Oven, Gas Oven, Refrigerator, Bar Fridge, Tankless Water Heater, Washer, Wine CoolerDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural Gas,Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Family Room, Gas Log, Living Room, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Levels: Three Or MoreFloors: Hardwood
View
Has a View
Security
Security: Security System Owned

Exterior Features

Exterior Home Features
Patio / Porch: Covered, Deck, ScreenedExterior: Gutter Guards, Fire Pit, Outdoor ShowerFoundation: Concrete Perimeter, Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Parking Other(Service Door)No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
WaterfrontWaterfront: Boat Slip, Dock, Lake Privileges, Lake Front, Water Access, Water View, WaterfrontOn Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 648 Square Feet

Days on Market

Cumulative Days on Market: 191Days on Market: 180+

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Block, StoneNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 411034013002000015

Price & Status

Price
List Price: $1,499,000Price Per Sqft: $362
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: TrafalgarCommunity: Lamb Lake Estates
School Information
High School District: Nineveh-Hensley-Jackson United

Agent Information

Listing Agent
Listing ID: 22067815

Building

Building Area
Building Area: 4136 Square Feet

HOA

HOA Fee Includes: Entrance Private, Maintenance, Snow Removal, Walking TrailsHOA Phone: 317-435-6460Has an HOAHOA Fee: $1,000/Annually

Lot Information

Lot Area: 0.52 acres

Miscellaneous

BasementMls Number: 22067815Attic: Pull Down Stairs

Additional Information

HOA Amenities: Maintenance,Snow Removal,Trail(s)
Last check for updates: about 8 hours ago
Listing Provided by: Daniel Frische, (317) 727-2834
Smythe & Co, Inc
Source: MIBOR as distributed by MLS GRID, MLS#22067815

Price History for 4465 W Grouse Dr

DatePriceEventSource
03/28/2026$1,499,000PriceChange
MIBOR as distributed by MLS GRID #22067815
02/23/2026$1,550,000PriceChange
MIBOR as distributed by MLS GRID #22067815
10/12/2025$1,600,000Listed For SaleMIBOR as distributed by MLS GRID #22067815
09/09/2014$605,000Sold
MIBOR as distributed by MLS GRID #21274433
08/22/2014$624,900PendingAgent Provided
07/03/2014$624,900PriceChange
Agent Provided
02/11/2014$640,000Listed For SaleAgent Provided
11/13/2013$642,500ListingRemovedAgent Provided
08/14/2013$642,500PriceChange
Agent Provided
07/03/2013$674,900PriceChange
Agent Provided
06/14/2013$699,500Listed For SaleAgent Provided

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Property Tax and Assessment

Year2024
Tax$11,428
Assessment$795,200
Home facts updated by county records

Comparable Sales for 4465 W Grouse Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Single-Family Home
$611,400
04/30/25
3
3
3,498
0.40
Single-Family Home
$1,050,000
04/20/26
4
3.5
4,697
0.34
Single-Family Home
$477,000
05/22/25
3
2
2,090
0.81
Single-Family Home
$465,000
02/03/26
3
2.5
2,806
0.86
Single-Family Home
$940,000
06/26/25
3
2
2,336
1.18
Single-Family Home
$350,000
09/26/25
3
2
3,328
1.31
Single-Family Home
$410,000
07/31/25
3
2
2,016
1.53
Single-Family Home
$393,500
06/05/25
2
2
1,816
1.20
Single-Family Home
$350,000
09/08/25
2
2
1,637

Assigned Schools

These are the assigned schools for 4465 W Grouse Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Trafalgar

At least 10 Trulia users voted on each feature.
  • 91 % Say yards are well-kept

  • 86 % Say parking is easy

  • 83 % Say car is needed

  • 76 % Say kids play outside

  • 75 % Say there's holiday spirit

  • 71 % Say it's quiet

  • 67 % Say it's dog friendly

  • 58 % Say there are sidewalks

  • 56 % Say neighbors are friendly

  • 54 % Say there's wildlife

  • 53 % Say they plan to stay for at least 5 years

  • 50 % Say streets are well-lit

  • 43 % Say people would walk alone at night

  • 31 % Say it's walkable to restaurants

  • 18 % Say it's walkable to grocery stores

  • 18 % Say there are community events

Learn more about our methodology.
  • Indyflyer2000
    "Trafalgar is a quaint little town, but Lamb Lake is an awesome community. A very active and open group of homeowners welcome new residents with open arms to enjoy a multitude of formal and informal events. Beach parties, dock crawls, holiday parties, weekly boat tie ups and more. A great place to raise a family or retire. Definitely a "one of a kind" community."

LGBTQ Local Legal Protections

Daniel Frische, Smythe & Co, Inc
Agent Phone: (317) 727-2834
Based on information submitted to the MLS GRID as of 2026-04-25 15:22:51 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
4465 W Grouse Dr, Trafalgar, IN 46181 is a 4 bedroom, 4 bathroom, 4,136 sqft single-family home built in 1974. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Oct 12, 2025. The MLS # for this home is MLS# 22067815.