Skip to content

12121 Cole Lane

Covington, IN 47932

ActiveListed Oct 5, 2026 · 1 day on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
2,269 sqft
Lot
0.98 acres
Year built
2026
Type
Residential · Single Family Residence
Stories
One
Garage
3 spaces
MLS #
22129882
County
Warren
Subdivision
Spring Valley
New construction
Yes

About this home

Welcome to 12121 Cole LN, COVINGTON, IN! Get ready to unwrap this brand-spanking-new 2026 single-family residence, sprawling across a delightful 2269 square feet. This property isn't just a house; it's a fresh canvas for your home-owning dreams! It's a new construction craftsman style home being built by Ratcliff Homes that is currently framed and expected to be completed in February 2027. Step inside this charming one-story ranch, where three bedrooms are just waiting for you to fill them with sleepy sighs and joyful mornings. The homes features a dedicated office space, perfect for anyone that works from home or could be used as a fourth bedroom. Two full bathrooms mean no more awkward morning queues, and a handy half-bathroom adds that extra touch of convenience for guests. The home has an open floor plan with a living room fireplace and a covered back patio. The home will be cement board siding with brick and an attached 3 car garage. It is situated on a one-acre lot in a well-developed rural subdivision, which is perfect for outdoor shenanigans, gardening triumphs, or simply basking in the glory of your own private expanse.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric Water HeaterMicrowaveElectric OvenRefrigerator
Interior features
Attic AccessHigh CeilingsEat-in KitchenPantryWalk-In Closet(s)Wood Work Painted
Fireplaces
1
Fireplace type
Living Room
Windows
Vinyl Windows
Rooms
7
Main-level bedrooms
3

Exterior

Patio and porch
Covered
Construction
BrickCement Siding
Foundation
Block
Style
Craftsman
Parking and garage
AttachedConcrete

Systems

Heating
Forced Air
Cooling
Central Air
Water
Private

Lot and HOA

Lot features
Corner LotRural - Subdivision

Schools

Elementary school
Covington Elementary School
Middle school
Covington Middle School
High school
Covington Community High School
School district
Covington Community School Corp

Taxes

Estimated annual tax
$44 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,132per month, estimated
Principal and interest $1,991Property tax $4Insurance $138
20% · $78,980
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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$394,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.