$357,606Average Value$170Average Price per Sq Ft7Homes For Sale
Land open for development
Spring Lake is a tiny, rural town in Hancock County with about 220 residents and peaceful views in every direction. It’s located 20 miles east of Indianapolis and has a decidedly peaceful and roomy vibe. But change is coming to Hancock County. As Realtor Lisa Jines-Plessinger, with Christie's of Indiana, and a real estate agent for more than 25 years explains, “New business growth is already making an impact in Spring Lake. With the opening of an Amazon fulfillment center in 2019 and the planned opening in 2024 of a new Indiana University Health medical center, there’s increased excitement from potential buyers in Spring Lake. What’s important to understand is that Spring Lake is one of the last suburbs east of Indianapolis where buyers can find more than an acre to build on, if that’s what they want.” Spring Lake is notable for its natural assets, including Sugar Creek and man-made Spring Lake. The lake is private and accessible only by residents. Homes sit on 2-10 acres and are spaced with plenty of room between one another. Farms and undeveloped land offer a palpable sense of peace and quiet. At the same time, buyers will find more single-family homes for sale than farms or land.
Head to Spring Lake for community, friendship, and high quality of life.
Rows of homes near Spring Lake are full of character and personality.
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Ranch-style homes and small farms
Mid-20th-century cottages and bungalows and brand-new one-story brick villas can be found in Spring Lake. Estate homes with up to 5,000 square feet and New Traditional homes in small subdivisions are the newest offerings. Spring Lake also offers a handful of mobile homes. Land for sale currently ranges from 5 to 15 acres. Homes feature stone fireplaces, traditional architecture, well-kept yards and plenty of mature trees. Three-bedroom ranch-style homes have recently sold for around $225,000. Brand-new one-story villas sell for about $380,000 to $460,000.
Homes to please any sort of buyer can be found in Spring Lake.
Beautiful architecture can be seen in many homes around Spring Lake.
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Abundant trails surround Spring Lake
Sugar Creek Township Park is a dog-friendly park with 88 acres. Kids enjoy the expansive playground after school and on weekends. The 9-hole frisbee golf course was installed by local Eagle Scouts. The park is surrounded by a 2-mile trail that winds alongside Sugar Creek. Visitors enjoy stopping at the Southern Hancock County Veterans Memorial to pay tribute to those who have served in the military. Pennsy Trails of Hancock County offer 150 miles of paved, multi-use trails that connect Terra Haute, which is 100 miles southwest of Spring Lake, to Richmond, which is about 60 miles east of Spring Lake.
Head to the Pennsy Trails for beautiful views while either walking or biking.
Signage near Spring Lake seeks to educate viewers about local wildlife and animals in the area.
Spring Lake's peaceful waters exude a feeling of calm and serenity to all who visit it.
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From donuts to drafts
Sweet Shop has been keeping it simple and good for more than 50 years. This old-fashioned donut shop gets busy on weekends and offers a well-loved assortment of plain and fancy pastries. Wooden Bear Brewing Company in nearby Greenfield offers local and seasonal handcrafted beers and a relaxed casual environment. Enjoy their pizza and wings while taking in the sounds of local bands.
Sweet Shop is a local favorite of Spring Lake residents for donuts and hot coffee.
Hungry patrons head to Wooden Bear Brewing for tasty, handmade meals.
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Highly-rated Hancock County schools
Kids can attend public schools in the Southern Hancock County Community School Corporation which has an A-minus grade from Niche. Sugar Creek Elementary offers kindergarten through fourth grade. Students can continue their education at New Palestine Intermediate and New Palestine Junior High which have both have an A grade from Niche. New Palestine High has an overall grade of B-plus from Niche and is also ranked by Niche as the No. 1 best public high school in Hancock County. New Palestine offers an Early College Program that awards Associate Degrees and college credit to qualifying students.
001 Mt Comfort Elementary
New Palestine High School in New Palestine, Indiana.
Greenfield-Central High School has a teacher student ration of 19 to1.
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Colts, cotton candy and Christmas
NFL fans can enjoy Indianapolis Colts games at Lucas Oil Stadium, which is about 20 miles west of Indianapolis. The Indiana State Fair is held each year for two weeks in July and August and is the sixth oldest state fair in the nation. The Indiana State Fairground also hosts the Christmas Nights of Lights from early November through New Year’s Eve each year.
Plenty of ways to get around
Residents enjoy having quick access to Highway 40 which connects them to points east and west. From Hwy 40 it’s just under 10 miles west to Interstate 465, the beltway around Indianapolis. Indianapolis International Airport sits west of downtown Indianapolis about 33 miles from Spring Lake. For weekend trips or business travel, drivers can reach Chicago in 4 hours, Fort Wayne and Cincinnati in about 2 hours and Louisville, Kentucky in about 2.5 hours. Hancock Regional Hospital is 6 miles east of Spring Lake and the closest area hospital.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
James Abner,
an experienced agent in this neighborhood.
Parks in this Area
Beckenholdt Family Park
Bike Trails
Fishing
Grills
Lions Park
Brandywine Park
Baseball/Softball
Picnic Area
Soccer
Commons Park
Picnic Area
Playground
Multi-Purpose Field
Sugar Creek Township Park
Depot Street Park
Picnic Area
Events
Amphitheater
Transit
Airport
Indianapolis International
52 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
Spring Lake
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
1
4
Burglary
1
4
Motor Vehicle Theft
1
4
Larceny
1
4
Crime Score
1
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Spring Lake, Greenfield sell after 51 days on the market compared to the national average of 47 days. The average sale price for homes in Spring Lake, Greenfield over the last 12 months is $377,704, down 3% from the average home sale price over the previous 12 months.
Stunning Fully Renovated 4-Bedroom Home on Over Half an Acre - No HOA! This beautifully updated 4-bedroom, 2.5-bathroom home sits on a spacious 0.61-acre lot in a peaceful country setting-just 10 minutes from Greenfield and 35 minutes to downtown Indianapolis. Every inch of this home has been thoughtfully renovated, including all-new plumbing, electrical, windows, roof, drywall, paint, flooring,
Amazing mid-century on Spring Lake! A property like this doesn't come along often. Located between Indianapolis and Greenfield, IN off of Hwy 40, this 1800 sq ft gutted to the studs remodel boasts 3 bedrooms and 2 full baths lake side with a hot tub. The remodel included a rebuilt roof line with foam insulation, new siding, new windows, new doors, a huge cedar toned deck, new landscaping, new
Looking for a home in New Palestine Schools with no HOA? Look no further, welcome home to 2264 Walnut Street! This beautifully completely renovated single-story home offers a seamless blend of modern features and comfort, with over 1,100 square feet of freshly redesigned space! Inside, everything has been touched and redone, including new flooring and paint throughout, ensuring a fresh start in
Welcome to The Boulders neighborhood in Greenfield, Indiana! This beautifully maintained custom 3-bedroom, 2-bath home offers an inviting open floor plan featuring a bright and airy sunroom perfect for relaxing or entertaining. The spacious walk-in closets are upgraded with premium California Closets, an $8,000 value, providing exceptional organization and storage. The kitchen is a chef's dream
Beautiful stone 3 bedroom 2 bath home located on a spacious corner lot cul-de-sac (0.7 acre no HOA). Property has an extra detached garage and workshop has heat and a/c. Two family rooms one with wood beams, vaulted ceilings, and electric fireplace. Two sliding glass doors one in primary bedroom leading to concrete porch. Laundry room leading to two car garage. Gallery kitchen with view of porch,
*Unit 15 is unavailable. More units coming soon!! Graced with a cozy charm, this delightful 450 sq ft apartment at 2142 West US Highway 40, Apt 15, in Greenfield, IN, offers a serene retreat for those seeking comfort and convenience. As you step inside, you'll be welcomed by a bright and inviting atmosphere that makes the most of every inch of space. The thoughtfully designed layout features
Interested in learning more about homes in this area?
Reach out to
James Abner,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
3,703
Median Age
46
Population Density
1 person/acre
Population under 18
21.6%
On par with the national average
23.8%
Population over 65
23.7%
On par with the national average
19.1%
Finances
Median Household Income
$83,419
Above the national average
$71,702
Average Household Income
$101,390
Education and Workforce
High School Graduates
94.5%
Above the national average
89.1%
College Graduates
31.3%
Advanced Degrees
13.2%
% Population in Labor Force
73.4%
Above the national average
65.1%
Weather
Annual Precipitation
44''
Average Winter Low Temperature
18°F
Average Summer High Temperature
84°F
Annual Snowfall
12''
Area Factors
Somewhat Bikeable
Bike Score®
28/ 100
Car-Dependent
Walk Score®
6/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
