NOT LISTED FOR SALE

54 Spring Lake Ct Trafalgar, IN 46181

Estimated Value: $320,302

4 Beds
2.5 Baths
2,435 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2026

Last sale price $313,000 $129 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,936 / mo

69 Days on Market

Highlights

  • Lake View
  • Traditional Architecture
  • Breakfast Area or Nook
  • Waterfront
  • Cathedral Ceiling
  • Cul-De-Sac

About This Home

As of May 2026

This 2,417 sq ft waterfront home in Spring Lakes Estates offers a great mix of space, comfort, and everyday practicality. Located on a cul-de-sac with straight-in access from SR 135, the home sits on a .48-acre lot with peaceful water views right out back. Inside, the layout works well for both daily life and entertaining. The living room features a gas fireplace, and the kitchen comes fully equipped with stainless steel appliances and gas range that stay. A breakfast nook off the kitchen looks out over the water and is an easy favorite spot in the house. There's also a formal dining room and a dedicated home office, giving you flexibility for gatherings or working from home. The interior has been freshly painted throughout, and the separate laundry room includes the washer and dryer. The 3-car garage offers plenty of space and includes a convenient mud sink. Out back, you'll find a fire pit and a mini barn for extra storage, along with direct access to the water. A well-rounded home in a great Trafalgar location, offering convenience, and a setting that's hard to beat.

Last Agent to Sell the Property

Mark Bowman

Tramcore Realty Brokerage Email: mebow45@yahoo.com License #RB14039468 Listed on: 02/09/2026

Co-Listed By

Robyn Rosenberg

Tramcore Realty Brokerage Email: mebow45@yahoo.com License #RB14036389

Last Buyer's Agent

Sarah Milner

Carpenter, REALTORS® License #RB15000745

Carpenter, REALTORS®
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 1997

Lot Details

  • 20,909 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Lake Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Indian Creek Elementary School
  • Indian Creek Middle School
  • Indian Creek Intermediate School
  • Indian Creek Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • Association fees include home owners
  • Association Phone (317) 494-0299
  • Spring Lake Estates Subdivision
  • Property managed by Spring Lake Estates HOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 411002044065000016
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,562

Year Built

Built in 1997

Lot Details

0.48 Acres

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1997
  • Building Area Total: 2435
  • Co List Office Phone: 317-431-6346
  • Garage Y N: Yes
  • Lot Size Acres: 0.48
  • Subdivision Name: Spring Lake Estates
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: mebow45@yahoo.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Microwave, Gas Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Walk-In Closet(s), Breakfast Bar, Paddle Fan, Entrance Foyer, Hi-Speed Internet Availbl, Pantry
  • Living Area: 2435
  • Other Equipment: Smoke Alarm, Satellite Dish
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 982
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 1453
  • MBR_RoomFlooring: Laminate
  • MBR_RoomFlooring: Tile-Ceramic
  • MBR_RoomFlooring: Laminate
  • MBR_RoomFlooring: Tile-Ceramic
  • MBR_RoomFlooring: Laminate
  • MBR_RoomFlooring: Tile-Ceramic
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Laminate
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Direction Faces: East
  • Exterior Features: Barn Mini
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • View: Lake
  • View Y N: Yes
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage

Utilities

  • Utilities: Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association Phone: 317-494-0299
  • Association YN: Yes
  • Management Company Name: Spring Lake Estates HOA
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners

Schools

  • Middle Or Junior School: Indian Creek Middle School
  • MBR_IntermediateSchool: Indian Creek Intermediate School

Lot Info

  • Lot Features: Cul-De-Sac, Curbs, Sidewalks, Street Lights
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 20909
  • Parcel Number: 411002044065000016
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 2562
  • Tax Lot: 54
  • Semi Annual Property Tax Amt: 1281
  • Tax Exemption: None

MLS Schools

  • Elementary School: Indian Creek Elementary School
  • High School: Indian Creek Sr High School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2026
Closed on
May 8, 2026
Sold by
Bought by
Seller's Agent
Mark Bowman
Tramcore Realty
Buyer's Agent
Sarah Milner
Carpenter, REALTORS®
List Price
$350,000
Sold Price
$313,000
Premium/Discount to List
-$37,000
-10.57%
Views
121
Current Estimated Value
$320,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,302
Avg. Annual Appreciation
11.05%
Original Mortgage
$270,705
Outstanding Balance
$270,202
Interest Rate
6.37%
Mortgage Type
FHA
Estimated Equity
$50,100

Purchase Details

Listed on
Nov 1, 2025
Closed on
Dec 30, 2025
Sold by
Bought by
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Mark Bowman
Tramcore Realty
List Price
$350,000
Sold Price
$350,000
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.68%

Purchase Details

Closed on
Dec 29, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,684
Interest Rate
2.71%
Mortgage Type
VA
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Ata National Title
-- Ata National Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,705
Previous Owner $278,684
Previous Owner $38,600
Previous Owner $20,000
Previous Owner $126,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2026 05/12/26 Sold $313,000 -5.2% $129 / Sq Ft
04/19/2026 04/19/26 Pending -- -- --
04/15/2026 04/15/26 Price Changed $330,000 -2.7% $136 / Sq Ft
04/04/2026 04/04/26 Price Changed $339,000 -3.1% $139 / Sq Ft
02/09/2026 02/09/26 For Sale $350,000 -- $144 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,958 $283,100 $40,000 $243,100
2024 $2,561 $259,900 $40,000 $219,900
2023 $2,490 $259,900 $40,000 $219,900
2022 $2,509 $250,400 $27,600 $222,800
2021 $1,977 $199,900 $25,000 $174,900
2020 $1,763 $182,600 $20,600 $162,000
2019 $1,703 $176,100 $20,600 $155,500
2018 $1,574 $160,600 $20,600 $140,000
2017 $1,603 $162,800 $20,600 $142,200
2016 $1,496 $164,300 $29,400 $134,900
2014 $1,427 $159,800 $29,400 $130,400
2013 $1,427 $152,300 $29,400 $122,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22082558

MIBOR Broker Listing Cooperative®

APN: 41-10-02-044-065.000-016

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