Spring Lake

Spring Lake

Located in Hancock County

$358,924 Average Value
$136 Average Price per Sq Ft

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.
Head to Spring Lake for community, friendship, and high quality of life.
Rows of homes near Spring Lake are full of character and personality.
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.
Homes to please any sort of buyer can be found in Spring Lake.
Beautiful architecture can be seen in many homes around 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.
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.
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.
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.
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.
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
001 Mt Comfort Elementary
New Palestine High School in New Palestine, Indiana.
New Palestine High School in New Palestine, Indiana.
Greenfield-Central High School has a teacher student ration of 19 to1.
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.

Sarah Albiston
Written By
Sarah Albiston
Kyle Baird
Photography Contributed By
Kyle Baird
Melinda Anselmo
Video By
Melinda Anselmo

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Average Home Value



Source: Public Records
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.