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646 Jefferson Valley, Coatesville, IN
Lakefront Opportunity at Heritage Lake - Incredible Views, Prime Location & Endless Potential! Welcome to your chance to own an affordable lakefront home in the highly sought-after Heritage Lake community. Perfectly situated on a generous waterfront lot in one of the lake's most popular coves, this property offers gorgeous lake views and stunning sunsets along with easy access to everything the community has to offer. From your dock, you're just a short boat ride, golf cart ride, or walk to the clubhouse, activity center, beach, and summer concert stage, making it easy to enjoy the vibrant lake lifestyle Heritage Lake is known for. This 4-bedroom, 2-bath home offers great space for gathering and entertaining, including a sunroom with peaceful lake views and a full finished walk-out basement featuring a wet bar-perfect for hosting family and friends after a day on the water. The tandem garage, provides plenty of room for vehicles, lake toys, tools, and additional storage. The home is ready for its next chapter and offers an incredible opportunity for the right buyer to add their personal touch, build equity, and create their dream lake retreat. With waterfront homes in Heritage Lake selling into the millions, opportunities like this at an attractive price point are becoming increasingly rare. Whether you're looking for a full-time lake home, weekend getaway, or investment opportunity, this property offers the location, views, and potential to create something truly special. Start imagining the possibilities and the memories waiting to be made on the lake.
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Property Type
Single Family
Style
Traditional
Year Built
1977
Lot Size
11,325 sqft
Price / Sqft
$193
Days on Market
5 days
Full Baths
2
Subdivision
Heritage Lake
MLS #
MBR22088876
Listing Type
Residential
Market
MIBOR
Pending
Mar 16, 2026
Elementary
Bainbridge Elementary School
Middle
North Putnam Middle School
High School
North Putnam Sr High School
646 Jefferson Valley, Coatesville, IN 46121 — Putnam County
Heather Ludlow
Greene Realty, LLC

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How this home compares across city, state, and national benchmarks
Listed at $575,000, this 4-bed house in Coatesville is 247% above the Census median home value of $165,900 for Coatesville. Compared to 6 other 4-bed homes in Coatesville (averaging $478,518), this property is 20% above average. Indiana's median home value is $139,802, putting this listing 311% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 40 homes for sale
Coatesville has a population of 570 with a median household income of $76,806 and a homeownership rate of 79.4%. The median home value is $165,900 and the median rent is $1,292/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data