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554 Mill Springs

Coatesville, IN 46121

ActiveListed Sep 27, 2026 · 25 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,332 sqft
Lot
0.51 acres
Year built
2022
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22128290
County
Putnam
Subdivision
Heritage Lake

About this home

Rare find at Heritage Lake! 30 X40 Detached Garage + beautiful ranch-style home! This home features 3 bedrooms, 2 full baths, and 1,332 square feet of living space on a Double Lot! The open-concept design features vaulted ceilings, 2x6 construction, vinyl plank flooring throughout, upgraded cabinetry, granite countertops, stainless steel appliances, and a new kitchen backsplash. Outside, you'll find a covered front porch, covered rear pergola patio, screened gutters, freshly planted Dawn Redwood and Bald Cypress trees, and a fenced-in yard with both chain-link and shadowbox fencing, all situated on a spacious double lot! One of the standout features is the custom-built garage, designed with plenty of room for your vehicles, RV, boat, and toys. The garage is already plumbed for a future bathroom and sink, wired for 220V, and features 6-inch concrete designed to accommodate a car lift. Two oversized overhead doors-approximately 12X12 and 10X10 provide excellent access for larger vehicles. Additional features include a metal roof, plenty of outdoor entertaining space, and North Putnam Schools. With all these upgrades and the extra space of a double lot, this property offers a unique combination of comfortable living, storage, and recreation. Heritage Lake is calling your name!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherMicrowaveElectric OvenElectric Water Heater
Interior features
Walk-In Closet(s)Eat-in KitchenHi-Speed Internet AvailblPantry
Laundry
Main Level
Rooms
6
Main-level bedrooms
3

Exterior

Exterior features
StorageFire Pit
Construction
Brick
Foundation
Slab
Style
Ranch
Parking and garage
AttachedDetachedGarage Door Opener

Systems

Heating
Heat PumpElectric
Cooling
Heat Pump
Water
WellPrivate
Utilities
Electricity Connected

Lot and HOA

HOA fee
$315 / annually
Lot features
Not Applicable
HOA fee includes
Entrance CommonNature AreaParkPlaygroundTennis Court(s)

Schools

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

Taxes

Estimated annual tax
$1,366 / yearTwice the semi-annual installment the listing reports.
Tax year
2026

Estimate your monthly payment

$2,565per month, estimated
Principal and interest $2,268Property tax $114Insurance $157HOA $26
20% · $89,980
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$449,900
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