147 Lincoln Hills, Coatesville, IN 46121

$150,000
1
BD
2
BA
1,650
SqFt

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Sold Price
$150,000
List Price
$215,000
Closing Date
Oct 23, 2025
Mandatory Fee
$313
Mandatory Fee Paid
Annually
MLS#
22054799
Property Type
Residential
Bedrooms
1
Bathrooms
2
Sqft. of Residence
1,650
Year Built
1976
Days on Market
77
Status
SOLD

Property Description

Why chase the lake life for a vacation when you can own it year-round? This property is your key to one of Indiana's premier private communities: Heritage Lake. On a wooded lot sits a striking A-frame, presenting a fantastic canvas for your vision. With approximately 1,650 square feet, dramatic vaulted ceilings, and a functional layout, this home is ready for you to personalize and build instant equity. Enjoy the private, wooded setting from your deck. All appliances in the home stay with the home (including the water softener). All the major systems in the home are updated: Roof in 2025, HVAC in 2024. Plumbing and appliances were updated in 2008. But the real investment is in the lifestyle. Your ownership grants you exclusive access to a 316-acre private lake for boating, fishing, and water sports. This isn't a public free-for-all; guest boats are prohibited, preserving the pristine and private experience for residents. The amenities are staggering for the modest $313 annual fee: enjoy a swimming pool with a splash park, three beaches, basketball, volleyball, tennis and pickleball courts, a marina, and a vibrant community shielded from transient traffic by a 90-day minimum on rentals. Here is your rare opportunity to customize your retreat and invest in a lifestyle of permanent vacation - and for under $200k (which is one of only 2 listings at the lake under 200k in 2025 - and one of only 10 listings since 2022)!

Additional Information

Foundation
Slab, Other
Number of Fireplaces
1
Fireplace Description
Electric
Stories
One and One Half
Architecture
A-Frame
Interior
Vaulted Ceiling(s), Eat-in Kitchen, Hi-Speed Internet Availbl
Exterior Amenities
Balcony
Acres
0.39
Heat
Heat Pump
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Dishwasher, Dryer, Electric Water Heater, Disposal, Electric Oven, Refrigerator, Washer, Water Purifier, Water Softener Owned
Mandatory Fee Includes
Association Home Owners, Clubhouse, Entrance Common, Insurance, Maintenance, Nature Area, ParkPlayground, Pickleball Court, Management, Security, Tennis Court(s)
Region
Floyd
Areas
Laundry in Unit
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of F.C. Tucker Company. Selling Office: The Stewart Home Group.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative