Active
3 beds3,085 sqft
175 Mill Spring Dr, Coatesville, IN 46121
Est: $4,161/moGet pre-approved
Single FamilyProperty Type
0.89 acresLot Size
1981Year Built
$235/sq ftPrice per sq ft
$321/yrHOA Fees
2 carsParking Spaces

Description

Premium lakefront living at Heritage Lake with 160 ft of waterfront and a private dock + boat lift and nearly 1 acre lot. Completely renovated in 2020 with energy efficient 2x6 exterior walls, this 3,085 sq ft multi-level retreat blends modern comfort with timeless lake charm. The flexible layout features three private bedroom suites plus a separate in-law quarter with kitchenette-ideal for guests, multi-generational living, or weekend lake stays. The updated kitchen includes a butler's pantry/mud...Premium lakefront living at Heritage Lake with 160 ft of waterfront and a private dock + boat lift and nearly 1 acre lot. Completely renovated in 2020 with energy efficient 2x6 exterior walls, this 3,085 sq ft multi-level retreat blends modern comfort with timeless lake charm. The flexible layout features three private bedroom suites plus a separate in-law quarter with kitchenette-ideal for guests, multi-generational living, or weekend lake stays. The updated kitchen includes a butler's pantry/mud room for prep and storage, and the home is equipped with a whole-house water filter + RO drinking system. The upper level offers a private suite with full bath, walk-in closet, loft living area, and bonus rooms perfect for office, bunk room, or hobby space. Outside, enjoy low-maintenance cement siding, mature trees, and a rare gently sloping lot leading directly to the water-easy access for fishing, swimming, or launching from your dock. Spend evenings around the outdoor fire pit or explore the lake from your own boat. Whether you're seeking a full-time residence, weekend getaway, or multi-family lake retreat, this updated waterfront home delivers the space, flexibility, and lake lifestyle Heritage Lake is known for.
137 days on Market
  • Listed by: Vicky Funk 317.745.1212 vicky@callcarpenter.com • Carpenter, REALTORS®
Last updated: 09/15/2026 02:46 PM • Source: MIBORMLS, MLS#: 22096686

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Carpenter, REALTORS®
Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,161 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,870

Property Taxes

$264

HOA Dues

$27

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 175 Mill Spring Drive

Property Details
  • Taxes: $1,584 semi-annually
  • MLS Type: Residential / Single Family Residence
  • 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
Building Information
  • Year Built: 1981
  • Lot Size: 0.89 AC / 38,768 SF
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: Yes
  • Legal Subdivision: Mill Springs Lot 175 Ccc Sewer Paid Full
  • Ownership Type: Mandatory Fee
  • Photos Count: 53
  • 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 Floorplan, 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: Dining Room, Kitchen, Laundry, Master Bedroom, Bedroom 2, Bedroom 3, Bonus Room, Loft, Living Room
  • Room and Features: Dining Room-Main, Kitchen-Main, Laundry-Main-Brick, Master Bedroom-Main, Bedroom 2-Main, Bedroom 3-Upper, Bonus Room-Main-Brick, Loft-Upper, Living Room-Main, Bonus Room-Upper, Bonus Room-Main
  • 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: Main
  • Room Dimensions: 11x11
  • Room Type: Dining Room
Room 2
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 07x07
  • Room Features: Brick
  • Room Type: Laundry
Room 4
  • Room Level: Main
  • Room Dimensions: 17x15
  • Room Type: Master Bedroom
Room 5
  • Room Level: Main
  • Room Dimensions: 21x13
  • Room Type: Bedroom 2
Room 6
  • Room Level: Upper
  • Room Dimensions: 20x19
  • Room Type: Bedroom 3
Room 7
  • Room Level: Main
  • Room Dimensions: 15x08
  • Room Features: Brick
  • Room Type: Bonus Room
Room 8
  • Room Level: Upper
  • Room Dimensions: 16x13
  • Room Type: Loft
Room 9
  • Room Level: Main
  • Room Dimensions: 20x18
  • Room Type: Living Room
Room 10
  • Room Level: Upper
  • Room Dimensions: 15x10
  • Room Type: Bonus Room
Room 11
  • Room Level: Main
  • Room Dimensions: 09x06
  • 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
Sep 15, 2026

Price Change

MIBORMLS #22096686

$725,000—
Aug 20, 2026

Price Change

MIBORMLS #22096686

$750,000—
Aug 10, 2026

Price Change

MIBORMLS #22096686

$760,000—
DateEvent & SourcePrice
09/15/2026

Price Change

MIBORMLS #22096686

$725,000
08/20/2026

Price Change

MIBORMLS #22096686

$750,000
08/10/2026

Price Change

MIBORMLS #22096686

$760,000

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 Record2025$3,167 ($264 / month)
Home Facts
Beds3Baths3.5Total Finished SqFt3,174 SqFtAbove Grade Finished SqFt3,174 SqFtStories1Lot 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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

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 $725,000. It has been on the market for a total of 137 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 09/15/2026 02:46 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.