Listing provided courtesy of Carpenter, REALTORS®MLS# MBR22096686MLS Provider
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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.

Source: MIBOR, MLS#: MBR22096686

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  • Property Type
    Residential
  • Lot
    0.89 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 175 Mill Springs


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/26/2026Source: MIBOR Price Reduction
$799,000 -2.0%
6/16/2026Source: MIBOR Price Reduction
$815,000 -1.8%
6/5/2026Source: MIBOR Price Reduction
$830,000 -2.2%
5/16/2026Source: MIBOR Added to Database
May 16, 2026