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36/37 Mill Springs

Coatesville, IN 46121

ActiveListed Mar 9, 2026 · 92 days on market

Key facts

Lot
1.48 acres
Type
Land · Residential Lots
MLS #
22088187
County
Putnam
Subdivision
Heritage Lake

About this home

RARE 1.48 ACRE WATERFRONT ESTATE OPPORTUNITY AT HERITAGE LAKE This is the largest waterfront property available at Heritage Lake, this exceptional offering combines two adjoining lots for a total of 1.48 acres of prime lakefront property an extremely rare find. Imagine building your private lakefront retreat with room for a stunning custom home, expansive outdoor living spaces, and beautiful shoreline improvements. The oversized lot provides privacy, flexibility, and endless design possibilities rarely found within the Heritage Lake community. This property allows room for a luxury lake home, a scenic stone walkway leading to the water, and a private dock area with firepit overlooking the lake creating the perfect setting for entertaining, relaxing, and enjoying lake life. Located near Sahm's Restaurant, the marina, and community amenities, you will enjoy everything Heritage Lake has to offer including: Private marina, Beaches & parks, Clubhouse & pool, Boating, fishing, and recreation Waterfront lots of this size almost never become available. Whether you build your dream home now or secure a premier lakefront investment for the future, this is a truly unique opportunity.

Description provided by the listing brokerage.

Exterior

View
Trees/WoodsWater
Waterfront
Lake FrontWater AccessWater ViewWaterfront
Other structures
No Building

Systems

Utilities
Sewer Available

Lot and HOA

HOA fee
$604 / annually
Zoning
single family
HOA fee includes
ClubhouseEntrance CommonInsuranceMaintenanceNature AreaParkPlaygroundManagement
HOA amenities
ClubhouseInsuranceMaintenanceManagementParkPlaygroundPool

Schools

Elementary school
Bainbridge Elementary School
Middle school
North Putnam Middle School
High school
North Putnam Sr High School
School district
North Putnam Community Schools

Taxes

Estimated annual tax
$2,272 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,018per month, estimated
Principal and interest $1,663Property tax $189Insurance $115HOA $50
20% · $65,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$329,900
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