Stunning Lakefront Retreat on Lake Noel. Welcome to this 100% remodeled showplace on a corner lot overlooking Lake Noel. This home combines luxury finishes, thoughtful design, and incredible indoor-outdoor living spaces. Step inside the open floor plan, where the kitchen is the true centerpiece—featuring granite countertops, upgraded appliances, a massive island, and abundant pantry storage. The kitchen flows seamlessly into the main living areas, including a vaulted great room with floor-to-ceiling windows overlooking the lake and a stone fireplace that extends from floor to ceiling, shared with the incredible outdoor living room. The 18x25 covered outdoor space includes a cozy living area, a fully equipped outdoor kitchen with a Green Egg, built-in grill, sink, microwave, ice maker, beverage refrigerator, trash/recycle bins, and storage drawers—all overlooking the sparkling fiberglass pool and lake. The main-level primary suite is a retreat of its own, with direct access to the laundry room and a dream walk-in closet the size of a bedroom, complete with a secret door from the office. The spa-like primary bath includes a soaking tub and custom tiled shower. Two additional bedrooms or offices complete the main floor. Upstairs, you’ll find two spacious bedrooms and a full bath. The finished basement offers incredible flexibility—currently set up as a game room but also perfect for a private mother-in-law suite with its own bedroom, kitchen, and family room. A convenient elevator connects the main floor to the basement, where you’ll also find a storage garage. Outside, enjoy professional landscaping, a circular driveway with ample parking, a storage shed, and endless views of Lake Noel. This property is a rare find, combining luxury, functionality, and resort-style amenities in one unforgettable package. Geothermal heat and air.
Active
$1,649,500
707 W Shepherds Ln, Santa Claus, IN 47579
5beds
5,795sqft
Single Family Residence
Built in 1988
1 Acres Lot
$1,526,300 Zestimate®
$--/sqft
$86/mo HOA
What's special
- 317 days |
- 493 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Kara Hinshaw Cell:812-686-3268,
Key Associates Signature Realty
Source: IRMLS,MLS#: 202534323
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Family room
- Level: Lower
- Area: 456
- Dimensions: 19 x 24
Kitchen
- Level: Main
- Area: 285
- Dimensions: 19 x 15
Living room
- Level: Main
- Area: 594
- Dimensions: 22 x 27
Office
- Level: Main
- Area: 117
- Dimensions: 9 x 13
Heating
- Electric, Natural Gas, Conventional, Floor Furnace, Forced Air, Geothermal, Hot Water, Heat Pump, Multiple Heating Systems, ENERGY STAR Qualified Equipment, Geo Heat (Closed Loop), RAD Floors - Hydronic, Zoned
Cooling
- Central Air, Heat Pump, Multi Units, Geothermal, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Geothermal Hvac, Zoned
Appliances
- Included: Disposal, Dishwasher, Microwave, Refrigerator, Washer, Built-In Gas Grill, Electric Cooktop, Dryer-Electric, Ice Maker, Exhaust Fan, Washer/Dryer Stacked, Oven-Built-In, Range/Oven-Dual Fuel, Tankless Water Heater
- Laundry: Sink, Main Level
Features
- 1st Bdrm En Suite, Bookcases, Ceiling-9+, Cathedral Ceiling(s), Tray Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Cedar Closet(s), Walk-In Closet(s), Countertops-Solid Surf, Stone Counters, Elevator, Entrance Foyer, Guest Quarters, Kitchen Island, Open Floorplan, Pantry, Split Br Floor Plan, Double Vanity, Kitchenette, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Custom Cabinetry
- Flooring: Carpet, Other
- Basement: Crawl Space,Daylight,Partial,Walk-Out Access,Finished,Exterior Entry,Block,Concrete
- Attic: Pull Down Stairs,Storage
- Number of fireplaces: 1
- Fireplace features: Living Room, Fireplace Screen/Door, Gas Log, Wood Burning, Insert, Vented
Interior area
- Total structure area: 6,101
- Total interior livable area: 5,795 sqft
- Finished area above ground: 3,730
- Finished area below ground: 2,065
Video & virtual tour
Property
Parking
- Total spaces: 2.5
- Parking features: Attached, Garage Door Opener, Aggregate, Concrete
- Attached garage spaces: 2.5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: ADA Features
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck Covered, Porch Covered, Porch
- Exterior features: Kennel
- Has spa: Yes
- Spa features: Private, Jet Tub
- Fencing: Metal
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront, Lake, Waterfront-Level Bank, Walk to Lake Access, Gated Lakefront, Frontage Lot, Non Ski Lake
- Body of water: Lake Noel
- Frontage length: Channel/Canal Frontage(0),Water Frontage(65)
Lot
- Size: 1 Acres
- Dimensions: 169x166x177x130
- Features: Corner Lot, Irregular Lot, Level, Sloped, Planned Unit Development, 0-2.9999, City/Town/Suburb, Near Walking Trail, Landscaped
Details
- Additional structures: Shed
- Additional parcels included: 740503104034000005,740503104036000005
- Parcel number: 740503104035.000005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Stone, Other
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Gas: Community NatGas(Spencer)
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Appliances, Doors, HVAC, Insulation, Roof, Thermostat, Water Heater
Community & HOA
Community
- Features: Clubhouse, Dock, Golf, Playground, Swing Set, Gated
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: Yes
- HOA fee: $1,030 annually
Location
- Region: Santa Claus
Financial & listing details
- Tax assessed value: $967,000
- Annual tax amount: $13,444
- Date on market: 8/27/2025
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$1,526,300
$1.45M - $1.60M
$3,122/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Listed for sale | $1,649,500+335.2% |
Source:  IRMLS #202534323 Report a problem | ||
| 11/22/2019 | Sold | $379,000-2.6%$65/sqft |
Source: Agent Provided Report a problem | ||
| 10/12/2019 | Listed for sale | $389,000$67/sqft |
Source: FC TUCKER EMGE REALTORS #201945050 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,076 +80.8% | $967,000 +0.8% |
| 2024 | $9,444 +183.3% | $959,200 +1.6% |
| 2023 | $3,333 +0.3% | $944,400 +139% |
| 2022 | $3,322 -6.2% | $395,100 +12.4% |
| 2021 | $3,543 +38.3% | $351,600 -1% |
| 2020 | $2,562 +5.2% | $355,100 +27.4% |
| 2019 | $2,436 +4.7% | $278,800 +6.4% |
| 2018 | $2,327 +14.9% | $262,100 +0.6% |
| 2017 | $2,025 -15.7% | $260,500 |
| 2016 | $2,403 -7.5% | $260,500 -4.4% |
| 2014 | $2,596 +0.1% | $272,400 -0.1% |
| 2013 | $2,593 +1.3% | $272,700 |
| 2012 | $2,560 -2.4% | $272,700 -3.2% |
| 2011 | $2,623 -6.4% | $281,700 +0.1% |
| 2010 | $2,802 +15.3% | $281,400 +4.1% |
| 2009 | $2,431 +6.1% | $270,200 +1.8% |
| 2007 | $2,291 -36.3% | $265,300 +1.9% |
| 2006 | $3,598 | $260,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 47579
Nearby schools
GreatSchools rating
- 8/10Lincoln Trail Elementary SchoolGrades: PK-6Distance: 2.9 mi
- 8/10Heritage Hills Middle SchoolGrades: 7-8Distance: 2.4 mi
- 10/10Heritage Hills High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Lincoln Trail
- Middle: Heritage Hills
- High: Heritage Hills
- District: North Spencer County School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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