Heritage Lake is a residential community located in Coatesville, Indiana, primarily known for its recreational opportunities and scenic surroundings. Here are some key points about Heritage Lake:
1. Location: Heritage Lake is situated about 30 miles west of Indianapolis, making it a convenient location for those who work in the city but prefer a quieter rural lifestyle.
2. Community Features: The area is characterized by its lake, which is a central feature of the community. It typically includes amenities such as a clubhouse, swim area, and parks, providing residents with opportunities for recreation and social activities.
3. Recreation: The lake accommodates various activities such as boating, fishing, swimming, and kayaking. Residents often enjoy outdoor activities, including hiking and picnicking along the shoreline.
4. Real Estate: The community consists of various housing options, including single-family homes and lakefront properties. Real estate in Heritage Lake can vary in style and price, appealing to a range of buyers.
5. Community Events: Heritage Lake often hosts community events and gatherings, promoting a strong sense of community among residents. Activities may include holiday celebrations, summer events, and recreational tournaments.
6. Schools: The area is served by local school districts, and families often consider the educational opportunities available when moving to the community.
7. Accessibility: While it offers a tranquil environment, Heritage Lake is easily accessible from major highways, providing residents with the convenience of urban amenities while enjoying the benefits of rural life.
There are covenants, restrictions on activities and building codes around Heritage Lake. There is also a monthly fee for the public sewer system used by all home owners. The lake fee is $184 a year, per lot.
The water level remains the same all year around. It does not go up or down except in rare cases.
There are well over 1,000 homes both on and off the lake. Most homes have full time residents and are generally very well cared for. Lots are usually less than 1/2 acre in size and homes are somewhat close together.
Generally speaking, lake access homes range in price from $80,000 - $400,000 (average sold price $186,000). Yearly HOA fees are $250
Lakefront homes range from $140,000-1,500,000 (average sold price of a home is $344,000).
There are six subdivisions at Heritage Lake. Subdivisions are identified by letters as follows:
GB = Gettysburg
JV = Jefferson Valley
LH = Lincoln Hills
MS = Mill Springs
PL = Patriots Landing
VH = Victory Hill
The lots within each subdivision are numbered. There are 2,986 legally platted lots within the six subdivisions. These Lot Numbers are the mailing address of the property and are utilized for the 911 emergency system. There is also approximately 30 miles of County roads within the subdivisions. The Drives and Courts are all names you may be familiar with from the Revolutionary War.
For the most current information about Heritage Lake, including any community events or real estate opportunities, it's best to consult local resources or visit the Heritage Lake Association's website if available.
If you're interested in specific real estate options, amenities, or activities around the lake, feel free to ask a Lake Real Estate Specialist! | 
