Waterfront homes for sale & real estate in 46181, IN

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ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
Discover your own private country retreat on 10 beautiful acres featuring two adjoining lots, rolling hills, wooded walking trails, and a scenic two-acre pond! This 3-bedroom, 2-bath home offers a wraparound porch and wood deck, perfect for relaxing and enjoying the peaceful surroundings. The pond is home to smallmouth and largemouth bass, bluegill, crappie, grass carp, turtles, and frogs-ideal for fishing, rowing, or canoeing. Explore established pine trails and enjoy abundant wildlife, including wild turkeys, hummingbirds, deer, butterflies, and even morel mushrooms! The diverse woodland features tulip poplar, oak, pawpaw, sassafras, dogwood, white pine, sycamore, and more. A standout fea

$600,000

3 beds2 baths1,453 sq ft

3672 W Hougham Dr, Trafalgar, IN 46181

5 acre lot • 4 garage spots • Built 1974

ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
LIKE-NEW AND READY TO MOVE IN! This clean, sharp 3-bedroom, 2-bath split ranch offers the look & feel of new construction without the wait! Located in the welcoming and growing town of Trafalgar, this open-concept home features a bright, functional layout w/ modern finishes throughout. The KIT is a standout w/ granite countertops, a large island, upgraded cabinetry, & classic backsplash. The spacious primary suite is tucked away from the additional bedrooms and offers an ensuite bath and oversized walk-in closet. Step outside to the deck and enjoy peaceful pond views-a great spot for morning coffee, relaxing, or entertaining. The oversized garage offers plenty of room for vehicle

$295,000

3 beds2 baths1,448 sq ft

705 N Sobota Way, Trafalgar, IN 46181

Classic backsplash • Ensuite bath • Upgraded cabinetry

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ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
Discover a rare combination of privacy, acreage and modern amenities at this exceptional Trafalgar property on 15+ acres with a private pond. Offering a finished walkout basement and an impressive detached garage/outbuilding, this property provides the space and flexibility that can be difficult to find in Central Indiana. The updated kitchen features Cambria quartz countertops, KitchenAid appliances and an electric induction range. The primary bathroom has also been beautifully updated with Cambria quartz, custom cabinetry and travertine tile. Additional improvements include newer roofs on the home and garage, five Velux skylights, updated landscaping, newer lower-level flooring and newer

$1,399,999

4 beds2.5 baths4,140 sq ft

8565 S 500 W, Trafalgar, IN 46181

Private pond • Updated kitchen • Detached garage

ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
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, indo

$2,390,000

3 beds4.5 baths8,406 sq ft

7502 S Susan Ln, Trafalgar, IN 46181

Hot tub • Butler's pantry • Indoor lap pool

ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
Welcome to Lamb Lake living at its finest. This exceptional 4-bedroom, 3.5-bath North Shore home offers an abundance of space, privacy, and endless opportunities to enjoy lake life. With panoramic views overlooking one of the largest and most private coves on Lamb Lake, this property delivers a true vacation-at-home experience. Designed around the lake, the home brings the water into nearly every room through expansive views and thoughtful placement. The main level features a welcoming formal living area surrounded by custom built-ins, a spacious eat-in kitchen, comfortable TV room, and a luxurious primary suite. The kitchen is ideal for both everyday living and entertaining, with a large c

$1,399,000

4 beds3.5 baths5,746 sq ft

7511 S Poplar Point Dr, Trafalgar, IN 46181

Covered boat slip • Updated bath • Private dock

Property at 5991 W State Road 135, Trafalgar, IN 46181, 5 beds, 3 baths

$699,699

5 beds3 baths4,538 sq ft

5991 W State Road 135, Trafalgar, IN 46181

Property at 7592 S Poplar Point Dr, Trafalgar, IN 46181, 3 beds, 3 baths

$1,099,000

3 beds3 baths2,625 sq ft

7592 S Poplar Point Dr, Trafalgar, IN 46181

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ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
Charming Lake Cottage on Hants Lake - Princes Lakes! Enjoy lake living at its finest in this beautiful 2-bedroom, 2-full-bath cottage nestled on Hants Lake in the highly desirable Princes Lakes community! This inviting retreat features numerous updates, including freshly stained decking, an expanded rear deck perfect for entertaining, some newer windows, a new furnace, a new metal roof, and a water softener. Spend your days swimming, floating, kayaking, fishing, or cruising the lake on your pontoon (electric motors only). Whether you're looking for a peaceful weekend getaway or a year-round home, this charming lake cottage offers the perfect place to relax, unwind, and make lasting memorie

$215,000

2 beds2 baths1,144 sq ft

8434 S Parmalee Dr, Nineveh, IN 46164

New furnace • Water softener • Expanded rear deck

FLOOR PLAN

ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
Lake life begins here! Set along approximately 100 feet of shoreline on East Lake in Princes Lakes, this beautifully designed waterfront home offers the rare combination of newer construction, generous outdoor living, and easy access to the water with minimal stairs. Built in 2016, the home features an open-concept layout filled with natural light, engineered hardwood flooring, and wonderful lake views. The kitchen offers abundant cabinetry, a walk-in pantry, and an easy connection to the dining and living areas, where a gas fireplace creates a cozy gathering place. Step outside to an impressive 34x19 waterfront deck made for summer cookouts, sunset conversations, and days spent overlooking

$505,000

3 beds2 baths1,434 sq ft

8616 S Riser Dr, Nineveh, IN 46164

Waterfront home • 8x16 covered deck • Easy access to water

NEW CONSTRUCTION

ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
Experience the perfect blend of modern craftsmanship and lakeside tranquility with this proposed construction opportunity by Davis Homes in the established community of Princess Lakes. Featuring "The Clark" floor plan with a timeless Craftsman elevation, this new construction home is situated on a peaceful, nature-filled site along Ruby Lane. The offering combines two adjacent parcels to create a private waterfront property overlooking the calm waters of Lattimore Lake, a setting perfectly suited for paddle boats, kayaks, and unhurried afternoons. This lakefront home offers an attainable opportunity for low-maintenance living with a seamless open-concept layout. The kitchen flows

$437,620

3 beds2 baths2,494 sq ft

0000 Ruby Ln, Nineveh, IN 46164

5,227 sq ft lot • 2 garage spots • Built 2026

ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
Looking for a charming and peaceful lake cottage? 8285 S. Lilly Ln. will check off all the boxes! This cottage offers 4 gorgeous lots with over 1 acre total of wooded land. This very well maintained ranch design offers easy maintenance for the active family. Because after all you want to \ be out fishing and taking full advantage of the lake! This three bedroom and two full bath home is light and bright throughout. The updated kitchen is complete with a breakfast bar. The living room comes equipped with a wood-burning stove for those chilly Fall and Winter lake days. Take your pic of the cozy sunroom or the screened in porch to have your morning coffee and relax and take in all of the Fall

$400,000

3 beds2 baths1,122 sq ft

8285 S Lilly Ln, Nineveh, IN 46164

Screened in porch • Lake cottage • Updated kitchen

ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
This completely remodeled 24X36 garage was transformed into a stunning lakefront getaway in 2021. The former garage has been converted into a charming one-room efficiency with a bathroom, making it the perfect peaceful retreat on Sweetwater Lake. Enjoy deep water access with your own private boat dock, ideal for all your aquatic adventures. Spend cozy evenings around the large gravel fire pit or store your fishing gear and outdoor equipment in the spacious mini barn. An RV power hookup on the exterior adds convenience, allowing you to bring your RV or camper for enhanced outdoor experiences. Inside, the open vaulted ceilings and well-insulated spray foam construction create a cozy atmospher

$279,900

1 bed1 bath864 sq ft

6461 Quail Dr, Nineveh, IN 46164

Private boat dock • Gravel fire pit • Lakefront getaway

3D WALKTHROUGH

ABOUT THIS HOME
Waterfront Home for sale in 46181, IN:
LAKEFRONT LIVING WITH A VIEW THAT IS HARD TO BEAT! Welcome to 7119 Drum Drive on beautiful Cordry Sweetwater Lake, where the setting and lifestyle truly take center stage. This property enjoys an exceptional position on the lake with sweeping water views that can be enjoyed from multiple levels of the home, expansive decks, the covered outdoor bar area, and the newer dock. Whether you're enjoying your morning coffee, entertaining friends, or watching the sunset over the water, the lake is always the backdrop. The warm character of this home pairs perfectly with the relaxed lake lifestyle. The main living area features vaulted wood ceilings, abundant windows, and incredible views, creating a

$760,000

3 beds1.5 baths1,728 sq ft

7119 Drum Dr, Nineveh, IN 46164

Lakefront living • Custom cabinetry • Covered outdoor bar

Property at 700 Latimer Dr, Nineveh, IN 46164, 2 beds, 1 bath

$274,900

2 beds1 bath1,278 sq ft

700 Latimer Dr, Nineveh, IN 46164

Property at 7210 Halibut Dr, Nineveh, IN 46164, 2 beds, 3 baths

$674,900

2 beds3 baths2,028 sq ft

7210 Halibut Dr, Nineveh, IN 46164

Property at 6409 Robin Dr, Nineveh, IN 46164, 2 beds, 3 baths

$974,900

2 beds3 baths3,179 sq ft

6409 Robin Dr, Nineveh, IN 46164

Property at 164 W Eddleman Dr, Nineveh, IN 46164, 2 beds, 1 bath

$265,000

2 beds1 bath924 sq ft

164 W Eddleman Dr, Nineveh, IN 46164

Property at 8671 S Kinman Dr, Nineveh, IN 46164, 4 beds, 2 baths

$399,900

4 beds2 baths2,160 sq ft

8671 S Kinman Dr, Nineveh, IN 46164

Property at 6660 Gopher Dr, Nineveh, IN 46164, 2 beds, 2 baths

$1,125,000

2 beds2 baths1,920 sq ft

6660 Gopher Dr, Nineveh, IN 46164

Property at 6678 Groundhog Dr, Nineveh, IN 46164, 3 beds, 2 baths

$564,000

3 beds2 baths2,072 sq ft

6678 Groundhog Dr, Nineveh, IN 46164

Property at 8031 Center Lake Rd, Nineveh, IN 46164, 2 beds, 2 baths

$489,000

2 beds2 baths1,628 sq ft

8031 Center Lake Rd, Nineveh, IN 46164

Property at 7906 Maple Dr, Nineveh, IN 46164, 3 beds, 2 baths

$499,999

3 beds2 baths1,316 sq ft

7906 Maple Dr, Nineveh, IN 46164

Property at 7629 Hummingbird Dr, Nineveh, IN 46164, 2 beds, 2 baths

$650,000

2 beds2 baths1,536 sq ft

7629 Hummingbird Dr, Nineveh, IN 46164

Property at 7813 W 50 S, Morgantown, IN 46160, 4 beds, 2.5 baths

$2,199,999

4 beds2.5 baths4,240 sq ft

7813 W 50 S, Morgantown, IN 46160

Property at 840 W Gerking Dr, Nineveh, IN 46164, 2 beds, 2 baths

$420,000

2 beds2 baths1,492 sq ft

840 W Gerking Dr, Nineveh, IN 46164

Property at 7617 Hummingbird Dr, Nineveh, IN 46164

$124,900

Land8,800 sq ft (lot)

7617 Hummingbird Dr, Nineveh, IN 46164

Property at 7169 Lion Dr, Nineveh, IN 46164

$312,500

Land0.24 acre (lot)

7169 Lion Dr, Nineveh, IN 46164

Based on information submitted to the MLS GRID as of Mon Oct 26 2026. 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.

Waterfront Homes for Sale in 46181

There are currently 7 waterfront homes for sale in 46181 at a median listing price of $499K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 46181 stay on the market for 53 days and receive 1 offers. This map is refreshed with the newest listings in 46181 every 15 minutes.

In the past month, 6 homes have been sold in 46181. Find your dream home in 46181 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 46181 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 46181. If you're looking to sell your home in the 46181 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 46181 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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