3481 Shady Lake Drive, Westfield, IN 46074 · $975,000 · Sold

Here's 3481 Shady Lake Drive in Westfield, IN 46074. This listing is closed, but I can still walk you through the details.

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Front exterior at 3481 Shady Lake Drive, Westfield, IN

Sold — 3481 Shady Lake Drive, Westfield, IN 460741 / 1

Quick read on the numbers:

$975,000

Sold

Beds

Baths

Sq ft

5,489

Built

2016

Acres

0.53

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 4.1% below list in 3 days
Private pool
Spa / hot tub
Fireplace
Finished basement (2,089 sqft)

From the listing

Welcome to 3481 Shady Lake Drive in the popular The Lakes at Shady Nook neighborhood in Westfield. This is the one you have been waiting for! Over 5,300 square feet of living space. Whether you are entertaining indoors, hosting family and friends in your dream backyard or just looking to experience practical everyday living in a new space, this home checks every box. From the moment you step in the front door, you'll experience soaring 20 foot ceilings in the living room with gas fireplace, accent wall details, updated lighting and TWO bedroom suites on the main floor (including the primary) with private bathrooms. Speaking of private bathrooms, each of the five bedrooms in this home have access to their own private bath! Two bedrooms and a loft fill the second story space. Settle in to your completely decked out basement with 150 inch screen and projector - movie nights and game days just got a serious upgrade! Don't miss the bar with brick accent wall and custom lit shelving and beverage fridge. 5th bedroom and bathroom round out the basement space. Golf simulator is negotiable! Perhaps the most show stopping feature of this home is the meticulously designed outdoor living space …

A few highlights from the feature list:

Interior

Cathedral Ceiling(s)Walk-In Closet(s)Hardwood FloorsKitchen IslandPantry

Exterior

Gas GrillFire PitOutdoor KitchenPutting GreenOther

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$790,700

Land Value

$103,100

Land$103,100

13% of total

Improvement Value

$687,600

Improvements$687,600

87% of total

Annual tax · 2024: $8,656
Exemption: Homestead

This home has sold:

Sold

$935,000

-$40,000 below list (-4.1%)

Closed: Dec 1, 2025
Listed at: $975,000
Sold: 5 months ago
Sold in: 3 days

Price history

Sold$935,000
Dec 1, 2025
Listedat $975,000
Nov 6, 2025

The Lakes At Shady Nook · activity

past 6 months

Sold: 3
Median price: $860,000
Median DOM: 3 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 33% above median for similar nearby sales.

$650K$860KMedian $705K

$935K

A few places to dig deeper:

The Lakes At Shady Nook Westfield-Washington Schools

MLS# 22071569