46181, IN homes for sale & real estate

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ABOUT THIS HOME
46181, IN Homes for Sale
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 that can be bedrooms, office or gym. Level driveway with extra gravel area to park & 10x10 workshop in garage.

$535,000

3 beds2.5 baths2,246 sq ft

8048 S Indian Ridge Dr, Trafalgar, IN 46181

500 acre lamb lake • Private backyard • Wooded setting

ABOUT THIS HOME
46181, IN Homes for Sale
Welcome to your private retreat just outside the heart of Princes Lakes - where thoughtful updates, generous amenities, and peaceful surroundings come together on 3 beautiful acres. This 4-bedroom, 2.5-bath home offers a warm blend of modern living and country charm. The interior features mixed-tone hardwood flooring, tray ceilings in the kitchen and living room, and a stunning dining area with open wall cutouts that connect the kitchen and living spaces. Perfect for hosting and family gatherings. The spacious primary suite includes a beautifully updated tiled and glass walk-in shower with his-and-her sinks. Major updates were completed in 2020, giving this home a refreshed and ready feel.

$470,000

4 beds2.5 baths2,420 sq ft

969 W Bauer Dr, Nineveh, IN 46164

Thoughtful updates • Fire pit area • Wraparound porch

ABOUT THIS HOME
46181, IN Homes for Sale
Nestled in the charming town of Trafalgar, Indiana, the single-family residence at 303 E Pearl ST presents a unique opportunity to own a piece of history, offering a blend of classic architecture and comfortable living. This home awaits your personal touch to restore its original beauty. This home has four bedrooms providing ample space for rest and relaxation. Two full bathrooms offer convenience and privacy for all. With over 2000 square feet of living area spread across two stories, this 1930 home offers a sense of spaciousness and character. The large lot provides an expansive outdoor area, perfect for creating your own private oasis. This home is ready to be reimagined into the home of

$120,000

4 beds2 baths3,298 sq ft

303 E Pearl St, Trafalgar, IN 46181

Large lot • Private oasis • 7,954 sq ft lot

3D WALKTHROUGH

ABOUT THIS HOME
46181, IN Homes for Sale
Begin Your Homesteading Lifestyle! Discover peaceful country living on 2 acres of open land, ready for your gardens, animals, and self-sufficient dreams. The charming farmhouse features 2 bedrooms and 1.5 baths, completely rebuilt from the studs in 2014, blending modern comfort with timeless appeal. Plumbing and electrical as well. A spacious 30x40 barn with 12-foot and 10-foot garage doors offers endless possibilities for equipment, animals, or workshop space. The oversized 3-car garage provides plenty of room for tinkering, hobbies, or storage - and includes a fully equipped 1-bedroom apartment above, perfect for multigenerational living, guest quarters, or rental income potential. Wheth

$525,000

3 beds2.5 baths2,806 sq ft

7641 S 500 W, Trafalgar, IN 46181

Open land • Guest quarters • Spacious barn

ABOUT THIS HOME
46181, IN Homes for Sale
This charming 2-bedroom, 1-bath home is perfectly situated on 7.16 acres, offering a serene country lifestyle with modern comforts. A tranquil pond, a versatile horse barn, and a spacious 2-car garage complete this exceptional property. Home features: Inviting living room: Cozy and bright, with a fireplace, this is the perfect space for relaxing or entertaining guests. Kitchen with dining area: A functional dining space, ideal for family meals and conversation. Sunroom: Enjoy your morning coffee or read a book while in the peaceful sunroom looking through a large window. Full basement: Provides ample storage space or offers a blank canvas for future expansion. Horse barn: 4-stall horse ba

$494,500

2 beds1 bath2,160 sq ft

2750 W 750 S, Trafalgar, IN 46181

Versatile horse barn • Inviting living room • Full basement

Property at 4465 Grouse Dr, Trafalgar, IN 46181, 4 beds, 3.5 baths

$1,600,000

4 beds3.5 baths4,136 sq ft

4465 Grouse Dr, Trafalgar, IN 46181

Property at 55 Manchester Dr, Trafalgar, IN 46181, 4 beds, 2.5 baths

$365,000

4 beds2.5 baths2,552 sq ft

55 Manchester Dr, Trafalgar, IN 46181

Property at 5668 S 50 W, Trafalgar, IN 46181, 4 beds, 3 baths

$439,990

4 beds3 baths2,622 sq ft

5668 S 50 W, Trafalgar, IN 46181

Property at 6968 S 300 W, Trafalgar, IN 46181, 3 beds, 3 baths

$489,900

3 beds3 baths3,157 sq ft

6968 S 300 W, Trafalgar, IN 46181

Property at 6063 W State Road 135, Trafalgar, IN 46181, 3 beds, 3 baths

$524,900

3 beds3 baths2,660 sq ft

6063 W State Road 135, Trafalgar, IN 46181

Property at 65 Dunn Ct, Trafalgar, IN 46181, 3 beds, 2 baths

$264,500

3 beds2 baths1,552 sq ft

65 Dunn Ct, Trafalgar, IN 46181

Property at 7899 Timber Cliff Ln, Trafalgar, IN 46181, 3 beds, 3.5 baths

$899,900

3 beds3.5 baths3,758 sq ft

7899 Timber Cliff Ln, Trafalgar, IN 46181

Property at 32 Downing Dr, Trafalgar, IN 46181, 3 beds, 2 baths

$329,000

3 beds2 baths1,714 sq ft

32 Downing Dr, Trafalgar, IN 46181

Property at 106 Pickerel Ct, Trafalgar, IN 46181, 4 beds, 2.5 baths

$315,000

4 beds2.5 baths2,335 sq ft

106 Pickerel Ct, Trafalgar, IN 46181

Property at 1828 W 750 S, Trafalgar, IN 46181, 3 beds, 2.5 baths

$1,140,000

3 beds2.5 baths3,135 sq ft

1828 W 750 S, Trafalgar, IN 46181

Property at 1267 W 750 S, Trafalgar, IN 46181, 1 bath

$269,900

0 beds1 bath5,184 sq ft

1267 W 750 S, Trafalgar, IN 46181

Property at 8191 S Bayview Ct, Trafalgar, IN 46181, 4 beds, 3.5 baths

$1,349,900

4 beds3.5 baths4,651 sq ft

8191 S Bayview Ct, Trafalgar, IN 46181

Property at 107 Elliott Ave, Trafalgar, IN 46181, 2 beds, 2 baths

$285,000

2 beds2 baths1,657 sq ft

107 Elliott Ave, Trafalgar, IN 46181

Property at Walnut Plan, Trafalgar, IN 46181, 3 beds, 2 baths

$237,995

3 beds2 baths1,228 sq ft

Walnut Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Bradford Plan, Trafalgar, IN 46181, 3 beds, 2 baths

$257,995

3 beds2 baths1,613 sq ft

Bradford Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Empress Plan, Trafalgar, IN 46181, 5 beds, 2.5 baths

$311,995

5 beds2.5 baths3,198 sq ft

Empress Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Ashton Plan, Trafalgar, IN 46181, 3 beds, 2 baths

$245,995

3 beds2 baths1,354 sq ft

Ashton Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Cooper Plan, Trafalgar, IN 46181, 4 beds, 2.5 baths

$307,995

4 beds2.5 baths2,813 sq ft

Cooper Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Palmetto Plan, Trafalgar, IN 46181, 4 beds, 2.5 baths

$296,995

4 beds2.5 baths2,580 sq ft

Palmetto Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Chestnut Plan, Trafalgar, IN 46181, 3 beds, 2 baths

$272,995

3 beds2 baths1,801 sq ft

Chestnut Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Norway Plan, Trafalgar, IN 46181, 4 beds, 2.5 baths

$309,995

4 beds2.5 baths2,961 sq ft

Norway Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Aspen II Plan, Trafalgar, IN 46181, 4 beds, 2.5 baths

$282,995

4 beds2.5 baths2,176 sq ft

Aspen II Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Ironwood Plan, Trafalgar, IN 46181, 3 beds, 2.5 baths

$272,995

3 beds2.5 baths1,963 sq ft

Ironwood Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at Spruce Plan, Trafalgar, IN 46181, 4 beds, 2.5 baths

$284,995

4 beds2.5 baths2,343 sq ft

Spruce Plan, Trafalgar, IN 46181

Listing provided by Zillow

Property at 1 S 500 W, Trafalgar, IN 46181

$450,000

— beds— baths— sq ft

1 S 500 W, Trafalgar, IN 46181

Property at 8942 Bean Blossom Rd, Trafalgar, IN 46181

$139,900

— beds— baths— sq ft

8942 Bean Blossom Rd, Trafalgar, IN 46181

Property at 0 W State Road 135, Trafalgar, IN 46181

$799,900

— beds— baths— sq ft

0 W State Road 135, Trafalgar, IN 46181

Property at Juniper Plan, Trafalgar, IN 46181, 3 beds, 2.5 baths

$261,995

3 beds2.5 baths1,760 sq ft

Juniper Plan, Trafalgar, IN 46181

Listing provided by Zillow

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Based on information submitted to the MLS GRID as of Mon Nov 03 2025. 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.

Average home prices near 46181, IN

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46181, IN real estate trends

All Home Types trends in 46181, IN

Median Sale Price
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All Home Types

Median Sale Price (All Home Types)

$300,383

+3.6% YoY | Sep 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Sep 2025

Growth

% YoY

46181, IN

$300,383

+3.6%

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