175 Mill Spring Dr

Coatesville, IN 46121

$849,000
Price
3
Beds
3,085 Sq. Ft.
$275 / Sq. Ft.
3,085
Sq. Ft.
$275
per Sq. Ft.
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Description

Experience lake living at its finest in this beautifully updated waterfront retreat at Heritage Lake, just a short drive west of Indianapolis. Originally built in the 1980s and completely renovated in 2020, this spacious 3,000+/- square foot home blends modern comfort with timeless lakefront charm + 2x6 exterior walls for energy efficiency. Situated on nearly an acre with approximately 160 feet of waterfront, the property offers exceptional space both inside and out. Designed with flexibility and...Experience lake living at its finest in this beautifully updated waterfront retreat at Heritage Lake, just a short drive west of Indianapolis. Originally built in the 1980s and completely renovated in 2020, this spacious 3,000+/- square foot home blends modern comfort with timeless lakefront charm + 2x6 exterior walls for energy efficiency. Situated on nearly an acre with approximately 160 feet of waterfront, the property offers exceptional space both inside and out. Designed with flexibility and functionality in mind, the home features three private primary suites plus a separate in-law quarters complete with its own kitchenette and space for undercounter refrigerator - ideal for guests, multi-generational living, or extended stays at the lake. Thoughtfully designed kitchen and utility spaces include a butler's pantry/mud room creating the perfect setup for entertaining, food prep or extra storage. Whole house water filter + RO drinking water system. The upper level offers a private retreat featuring a large bedroom, full bath, walk-in closet, loft-style living area, and bonus room ideal for an office, bunk room, hobby space, or additional sleeping quarters. Outside, enjoy low-maintenance cement exterior siding and a gently sloping lot that leads to the water's edge - a somewhat rare and highly desirable feature for easy lake access. Spend your days fishing from the shoreline then head out on the water from your private boat dock complete with boat lift. Whether you're searching for a full-time residence, weekend getaway, or multi-family lake retreat, this Heritage Lake property offers the perfect blend of updated living, versatile space, and exceptional waterfront lifestyle.
  1. Listed by Vicky Funk • Carpenter, REALTORS®
    P: (317)-745-1212 vicky@callcarpenter.com

Property Details for 175 Mill Spring Drive

Architectural Style
Split Level
Subdivision Name
Heritage Lake
Township
Floyd
Waterfront Features
Boat Slip, Dock, Lake Front, Marina in Community, Water Access, Water View, Waterfront
Waterfront
Yes
LISTING UPDATED: 05/19/2026 03:23 PM

Property Details for 175 Mill Spring Drive

StatusActive
MLS #22096686
Days on Market7
Taxes$1,584 semi-annually
HOA Fees$321 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1981
Lot Size0.89 AC / 38,768 SF
CountyPutnam County
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Location

Listing Courtesy of Carpenter, REALTORS®
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Building Information for 175 Mill Spring Drive

Stories-Year Built1981Building Size-Lot Size0.89 AC / 38,768 SF

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$4,521 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,231

Property Taxes

$264

HOA Dues

$27

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Property Information for 175 Mill Spring Drive

Summary
Location and General Information
  • City: Coatesville
  • County Or Parish: Putnam
  • Directions: Hwy 36 W past New Winchester towards Groveland. Turn left (S) onto N CR 725 E (BP gas station) to Valley Forge Dr, left on Valley Forge Dr (3 way stop) to Heritage Dr, right on Heritage Dr to home on the left.
  • Postal Code: 46121
  • Postal Code Plus4: 8912
  • State Or Province: IN
  • View: Lake, Water
  • View: Yes
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee Includes: Clubhouse, Entrance Common, Insurance, Maintenance, ParkPlayground
  • Association Fee: $321
  • Parcel Number: 670623202043000004
  • Semi Annual Property Tax Amt: 1584
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2025
  • TaxLot: 175
  • Association Phone: 765-386-7447
School Information
  • High School: North Putnam Sr High School
  • Middle Or Junior School: North Putnam Middle School
  • School District: North Putnam Community Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 576
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Lot Description: Close to Clubhouse, Mature Trees, Wooded
  • Lot Size Square Feet: 38638.0
  • Lot Size Acres: 0.89
  • Main Level SqFt: 2598
  • New Construction: False
  • Living SqFt: 487.0
  • Sqft Total: 3085.0
  • Sq Ft Total: 3085.0
  • Year Built Numeric: 1981
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Mill Springs Lot 175 Ccc Sewer Paid Full
  • Ownership Type: Mandatory Fee
  • Photos Count: 52
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Web Link Num 2: https://www.hlpoa.us/
Utilities
  • Electric: 200+ Amp Service
  • Solid Waste: No
  • Utilities: Sewer Connected
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Association Amenities: Clubhouse, Insurance, Maintenance, Park, Playground
  • Construction Materials: Cement Siding
  • Exterior Features: Fire Pit
  • Foundation Details: Block
  • Fuel: Propane Leased
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Tankless Water Heater, Washer, Water Heater, Water Purifier, Water Softener Owned
  • Areas Interior: Bedroom Other on Main,Family Room 2nd Story,Great Room - 2 Story
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Heating: Propane
  • Interior Features: Attic Access, Cathedral Ceiling(s), Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, In-Law Arrangement, Eat-in Kitchen, Pantry, Walk-In Closet(s), WoodWorkStain/Painted
  • Levels: Multi/Split
  • Kitchen Features: Kitchen Galley,Kitchen Updated
  • Additional Equipment: Smoke Alarm
  • Room List: Loft, Bonus Room, Living Room, Dining Room, Kitchen, Laundry, Primary Bedroom, Bedroom 2, Bedroom 3
  • Room and Features: Loft-Upper, Bonus Room-Upper, Bonus Room-Main, Living Room-Main, Dining Room-Main, Kitchen-Main, Laundry-Main-Brick, Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Upper, Bonus Room-Main-Brick
  • Main Level Bedrooms: 2
  • Laundry Features: Main Level
  • Num Bedrooms Upper: 1
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 11
  • Rooms Total MU: 11
  • Total Rooms: 11
Room 1
  • Room Level: Upper
  • Room Dimensions: 16x13
  • Room Type: Loft
Room 2
  • Room Level: Upper
  • Room Dimensions: 15x10
  • Room Type: Bonus Room
Room 3
  • Room Level: Main
  • Room Dimensions: 09x06
  • Room Type: Bonus Room
Room 4
  • Room Level: Main
  • Room Dimensions: 20x18
  • Room Type: Living Room
Room 5
  • Room Level: Main
  • Room Dimensions: 11x11
  • Room Type: Dining Room
Room 6
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Type: Kitchen
Room 7
  • Room Level: Main
  • Room Dimensions: 07x07
  • Room Features: Brick
  • Room Type: Laundry
Room 8
  • Room Level: Main
  • Room Dimensions: 17x15
  • Room Type: Primary Bedroom
Room 9
  • Room Level: Main
  • Room Dimensions: 21x13
  • Room Type: Bedroom 2
Room 10
  • Room Level: Upper
  • Room Dimensions: 20x19
  • Room Type: Bedroom 3
Room 11
  • Room Level: Main
  • Room Dimensions: 15x08
  • Room Features: Brick
  • Room Type: Bonus Room
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Count: 4
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 3
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 175 Mill Spring Drive

DateEvent & SourcePriceAppreciation
May 16, 2026

Listed (Active)

MIBORMLS #22096686

$849,000—
May 15, 2026

Expired

MIBORMLS #22072555

—
Apr 15, 2026

Price Change

MIBORMLS #22072555

$859,000—
DateEvent & SourcePrice
05/16/2026

Listed (Active)

MIBORMLS #22096686

$849,000
05/15/2026

Expired

MIBORMLS #22072555

—
04/15/2026

Price Change

MIBORMLS #22072555

$859,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 175 Mill Spring Drive

Taxable ValueLand$188,300Additions$272,800Total$461,100
Tax Record2024$2,726 ($227 / month)
Home Facts
Beds3Baths3Total Finished SqFt3,174 SqFtAbove Grade Finished SqFt3,174 SqFtStories2Lot Size38,638 SqFtStyleSingle Family ResidenceYear Built1981Year Renovated2005ZoningZO01CountyPUTNAMAPN67-06-23-202-043.000-004

Schools near 175 Mill Spring Drive

This home is within North Putnam Community Schools.
Rating
School
Type
Grades
Distance
Bainbridge Elementary School
Public - PK to 5
North Putnam Middle School
Public - 6 to 8
North Putnam Sr High School
Public - 9 to 12
Roachdale Elementary School
Public - PK to 5
Rating
School
Distance
Bainbridge Elementary School
PublicPK to 5

North Putnam Middle School
Public6 to 8

North Putnam Sr High School
Public9 to 12

Roachdale Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 175 Mill Spring Drive, Coatesville, IN 46121

175 Mill Spring Drive is a single family home for sale in Coatesville, IN 46121. This property was listed for sale on May 16, 2026 by Carpenter, REALTORS®, it's currently listed at $849,000. It has been on the market for a total of 7 days and was last sold on October 20, 2020. This listing's school district is North Putnam Community Schools. Nearby schools include Bainbridge Elementary School, North Putnam Middle School and North Putnam Sr High School. 175 Mill Spring Drive is a 3-bed, 4-bath, 3,085 sqft single family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Carpenter, REALTORS®

Based on information submitted to the MLS GRID as of 05/19/2026 03:23 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.