5201 Lake Point Drive, Carmel, IN 46033 · $550,000 · Sold

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Here's 5201 Lake Point Drive in Carmel, IN 46033. This listing is closed, but I can still walk you through the details.

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Photo of 5201 Lake Point Drive, Carmel, IN

Sold — 5201 Lake Point Drive, Carmel, IN 460331 / 1

Quick read on the numbers:

$550,000

Sold

Beds

Baths

Sq ft

2,816

Built

1994

Acres

0.31

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 2.2% below list in 3 days
Fireplace
Basement
Lake Forest subdivision

From the listing

Nestled in East Carmel neighborhood of Lake Forest, this stunning 4 bedroom 2.5 bath home has all the custom details from Hardwood floors through out the Main Floor, Vaulted ceilings, beautiful wood trim and a brick hearth just to name a few. Walk into the home and you are greeted with soaring 2 story entry, a private office w/ custom bookshelves and a fireplace. The Great Room has a vaulted ceiling and a beautiful brick hearth fireplace. The Great Room is full of light with amazing views of the expansive private backyard. The floorplan is perfect for entertaining with an open floorplan and spacious rooms. The Primary Suite is an oasis with a vaulted ceiling with a huge walk in Closet plus the Primary bath was recently remodeled with a custom tile shower, separate Tub, plus a beautiful vanity, the epitome of luxury. . All the bedrooms are spacious and have large closets. The upstairs has all new carpet. The backyard is really a parklike setting with beautiful flower gardens, mature trees plus a pond. It is haven with beautiful flower beds & perennial gardens, just stunning. Enjoy nature while sitting on the back brick patio, simply perfect! Plus backyard is fully fenced. The baseme…

A few highlights from the feature list:

Interior

High CeilingsVaulted Ceiling(s)Kitchen IslandPaddle FanHardwood FloorsPantryWalk-In Closet(s)WoodWorkStain/Painted

Exterior

Sprinkler SystemWater Feature Fountain

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$566,400

Land Value

$140,500

Land$140,500

25% of total

Improvement Value

$425,900

Improvements$425,900

75% of total

Annual tax · 2024: $5,118
Exemption: Homestead

This home has sold:

Sold

$538,145

-$11,855 below list (-2.2%)

Closed: Jul 23, 2025
Listed at: $550,000
Sold: 10 months ago
Sold in: 3 days

Price history

Sold$538,145
Jul 23, 2025
Listedat $550,000
Jul 7, 2025

Lake Forest · activity

past 6 months

Sold: 9
Median price: $470,000
Median DOM: 18 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 1.3% above median for similar nearby sales.

$495K$630KMedian $531K

$538K

A few places to dig deeper:

Lake Forest Carmel Clay Schools

MLS# 22048441