1

Spring Lake, IN Home for Sale

Section Image
  • /41

    $320,000

    • 4 Beds
    • 2.5 Baths
    • 2,244 Sq Ft

    1612 N Regatta Dr, Spring Lake, IN 46140

    Enjoy the benefits of a nearly new home without the wait! This one year old, two story home in Heron Creek offers an open main level with a bright kitchen featuring stainless steel appliances, an island, pantry, and dining area, plus a dedicated office and half bath. Upstairs, you'll find a spacious loft, three additional bedrooms, a full bath, convenient laundry room, and a generous primary

    Craig DeBoor Real Broker, LLC

    1612 N Regatta Dr, Spring Lake, IN 46140

Why Live in Spring Lake

Spring Lake, Indiana, is a small rural town in Hancock County with a population of around 220 residents. Located 20 miles east of Indianapolis, it offers a peaceful and spacious environment with homes on 2-10 acre lots. The area is experiencing growth with the addition of an Amazon fulfillment center and a new Indiana University Health medical center set to open in 2024. Spring Lake features natural assets like Sugar Creek and the private Spring Lake, accessible only to residents. Housing options include mid-20th-century cottages, bungalows, brand-new one-story brick villas, estate homes, New Traditional homes, and a few mobile homes. The town is surrounded by abundant trails, including the 88-acre Sugar Creek Township Park with a 2-mile trail and the extensive Pennsy Trails of Hancock County. Local highlights include the Sweet Shop, a popular donut shop, and Wooden Bear Brewing Company in nearby Greenfield, known for its handcrafted beers and live music. Children in Spring Lake attend highly-rated schools within the Southern Hancock County Community School Corporation, including Sugar Creek Elementary, New Palestine Intermediate, New Palestine Junior High, and New Palestine High. The town is well-connected with quick access to Highway 40 and proximity to Interstate 465, Indianapolis International Airport, and Hancock Regional Hospital.

Frequently Asked Questions

What is the average home price in Spring Lake, IN?
Homes for sale in Spring Lake, IN have an average home price of $320,000.
How many homes have sold over the last 12 months in Spring Lake, IN?
0 homes have sold in Spring Lake, IN over the last 12 months.
What is the average household income in Spring Lake, IN?
The average household income in Spring Lake, IN is $92K.
What are the most popular zip codes in Spring Lake, IN?
The most popular zip codes in Spring Lake, IN include 46140, 46055, 46163, 46229 and 46130.
How much do you need to make to afford a house in Spring Lake?
The median home price in Spring Lake is $320,000. If you put a 20% down payment of $64,000 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $71K a year to afford the median home price in Spring Lake. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Spring Lake is $92K.
How are the schools in Spring Lake, IN?
Spring Lake, IN has highly rated public and private schools. Some of the best schools in Spring Lake based on Niche Grades are New Palestine High School, New Palestine Jr High School and Sugar Creek Elementary School. Browse all the schools in Spring Lake, IN to learn more.

Home Price Trends

Median Single Family Sale Price
$320,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
1
Last 12 months Home Sales
0
Median List Price
$320,000
How to Buy a Home How to Finance a Home How to Sell a Home