Discover the perfect setting for your future home on this beautiful .85-acre lakefront lot on desirable Teal Lake in Coatesville! This partially wooded property offers the ideal blend of privacy, shade and open space, with a generous clearing already in place to showcase the peaceful lake views. With approximately 154 feet of lake frontage and 98 feet of road frontage, there is plenty of room to create your own waterfront retreat. Spend your days fishing, kayaking, paddleboarding or cruising the lake in a paddle boat or boat powered by a small electric trolling motor. Bring your plans, build your dock and start enjoying the quiet lake lifestyle you have been looking for. New owners will be able to connect to municipal sewer, with a private well needed for water service. Conveniently located between US Highway 36 and US Highway 40, and only minutes from Danville, Plainfield and Greencastle, this property also offers easy access to the Coatesville trailhead of the Vandalia Trail, McCloud Nature Park, Ellis Park and Cagles Mill Lake/Cataract Falls. This is a rare opportunity to build on the water while remaining close to local conveniences. Come experience peaceful living on Teal Lake!
Active
Price cut: $8K (8/28)
$92,000
4725 Milton St, Coatesville, IN 46121
--beds
--baths
0.86Acres
Unimproved Land, Residential Lots
Built in ----
0.86 Acres Lot
$-- Zestimate®
$--/sqft
$25/mo HOA
What's special
Partially wooded propertyPeaceful lake views
- 49 days
- 384
- 14
Zillow last checked:
Listing updated:
Listed by:
Tony Janko 317-414-9355,
Janko Realty Group,
Toni Eads
Source: MIBOR as distributed by MLS GRID,MLS#: 22113700
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Lake, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Privileges, Lake Front, Water Access, Water View, Waterfront
Lot
- Size: 0.86 Acres
- Features: Access, Irregular Lot, Rural - Subdivision, Mature Trees, Lake Front, Wooded
- Topography: Level,Wooded
Details
- Parcel number: 321232320006000025
- Zoning: Lot - Residential
- Zoning description: Single Family
- Horse amenities: None
Utilities & green energy
- Water: Well Required
Community & HOA
Community
- Subdivision: Teal Lake Estates
HOA
- Has HOA: Yes
- Services included: Entrance Common, Maintenance
- HOA fee: $300 annually
- HOA phone: 317-752-4214
Location
- Region: Coatesville
Financial & listing details
- Tax assessed value: $10,300
- Annual tax amount: $254
- Date on market: 7/14/2026
- Cumulative days on market: 50 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $92,000-8% |
Source: | ||
| 7/14/2026 | Listed for sale | $100,000+153.2% |
Source: | ||
| 8/6/2020 | Sold | $39,500-1% |
Source: | ||
| 7/2/2020 | Pending sale | $39,900 |
Source: RE/MAX Cornerstone #21704206 Report a problem | ||
| 11/5/2019 | Price change | $39,900+19% |
Source: RE/MAX Cornerstone #21640442 Report a problem | ||
| 6/4/2018 | Listed for sale | $33,520 |
Source: RE/MAX CORNERSTONE #21477354 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11 -3.9% | $10,300 +1616.7% |
| 2024 | $12 -2% | $600 |
| 2023 | $12 -3.7% | $600 |
| 2022 | $12 +5.6% | $600 |
| 2021 | $12 -5.1% | $600 |
| 2020 | $12 -71.3% | $600 |
| 2019 | $43 +0.4% | $600 |
| 2018 | $43 +242.9% | $600 |
| 2017 | $13 -3.5% | $600 |
| 2016 | $13 +4.3% | $600 |
| 2014 | $13 -3.1% | $600 |
| 2013 | $13 -0.5% | $600 |
| 2011 | $13 -3.7% | $600 |
| 2010 | $13 +7.3% | $600 |
| 2009 | $13 +15% | $600 |
| 2007 | $11 -40.2% | -- |
| 2006 | $18 | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 46121
Nearby schools
Schools provided by the listing agent
- High: Cascade Senior High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







