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7502 S Susan Lane

Trafalgar, IN 46181

ActiveListed Sep 3, 2026 · 7 days on market

Key facts

Beds
3
Baths
4 full · 1 half
Living area
8,406 sqft
Lot
1.34 acres
Year built
1981
Type
Residential · Single Family Residence
Stories
Three or more
Garage
4 spaces
MLS #
22123956
County
Johnson
Subdivision
Lamb Lake Estates

About this home

An Entertainer's Dream on Lamb Lake! Nestled on a pristine, expansive wooded waterfront double lot on beautiful Lamb Lake, this one-of-a-kind property offers privacy, character, and exceptional spaces for entertaining. Conveniently located on the north side of the community, the home is less than an hour from both Indianapolis and Bloomington. Tucked away in a quiet cove with more than 250 feet of waterfront, the home showcases distinctive mid-century modern architecture designed by William J. Fox and custom built by Gene Perkins. Inside, you'll find two primary en-suites with beautiful water views, a butler's pantry, dedicated Theatre Room, oversized commercial windows on lake side, indoor lap pool & hot tub w/ modern updates/features throughout. A spacious, multipurpose garage features radiant-heated floors, full view glass garage doors, complete with an office and additional living quarters above-ideal for guests, family, working from home, activities, or additional entertaining space. Outside, an expansive dock takes full advantage of the lakefront setting, offering three covered boat slips with lifts, rooftop deck and plenty of room to enjoy life on the water. A rare combination of architectural character, wooded privacy, generous entertaining spaces, and direct access to Lamb Lake, this distinctive waterfront retreat is truly one of a kind and a must see in person!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalInduction CooktopMicrowaveOvenElectric OvenRefrigeratorBar FridgeIce MakerWasherWater Softener OwnedWine Cooler
Interior features
High CeilingsKitchen IslandEntrance FoyerPaddle FanHi-Speed Internet AvailblWired for SoundWalk-In Closet(s)Wet BarWoodWorkStain/Painted
Kitchen
Kitchen Updated
Other rooms and areas
Great Room - 2 StoryUtility Room
Flooring
Hardwood
Basement
Exterior EntryFinishedFinished CeilingFinished WallsInterior EntryStorage SpaceWalk-Out Access
Fireplaces
2
Fireplace type
Two SidedGas StarterGreat Room
Laundry
Connections AllMain LevelUpper Level
Rooms
15
Main-level bedrooms
1
Condition
Updated/Remodeled

Exterior

Exterior features
Lighting
Patio and porch
Breeze WayDeckPatioPorchWrap Around
Construction
Wood Siding
Foundation
Concrete Perimeter
Style
Mid-Century Modern
Parking and garage
AttachedGravelGarage Door OpenerGolf Cart GarageHeated GarageStorageTandemWorkshop in Garage
Pool
HeatedIn GroundIndoorLap
Private pool
Yes
Spa
HeatedIn GroundPrivate
View
LakeTrees/WoodsWater
Waterfront
Boat SlipDockLake PrivilegesLake FrontWater AccessWater ViewWaterfront
Other equipment
Home TheaterSmoke Alarm

Systems

Heating
ZonedHeat PumpHot WaterRadiant FloorWall Furnace
Cooling
Central AirDualWall Unit(s)Zoned
Water
WellPublic
Utilities
Electricity ConnectedNatural Gas ConnectedSeptic SystemWater Connected

Lot and HOA

HOA fee
$1,000 / annually
Lot features
Irregular LotMature TreesWooded
HOA fee includes
Association Home OwnersInsuranceMaintenance
HOA amenities
InsuranceMaintenance

Schools

Elementary school
Indian Creek Elementary School
Middle school
Indian Creek Middle School
High school
Indian Creek Sr High School
School district
Nineveh-Hensley-Jackson United

Taxes

Estimated annual tax
$5,372 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$13,415per month, estimated
Principal and interest $12,047Property tax $448Insurance $837HOA $83
20% · $478,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$2,390,000
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