It is very complicated and you need to consult your accountant, however I found some interesting information on the Tax Advantages of Owning a Second Home.  Check out the link and you’ll learn a lot as well as possibly discover it could be a good investment to own lake property in Indiana for family fun and real estate appreciation, but also potentially on a tax basis.  Heritage Lake is a 320 acre private lake only 30 mile from Indianapolis. Look into this today and maybe you can give your family the Christmas gift of a lifetime! 

This beautiful brick lakefront home at 141 Mill Springs Heritage Lake has three bedrooms and three baths located on a park-like wooded lot with mature trees & large deck lakeside offering peaceful and private views of Heritage Lake. The updated kitchen is spacious and the master suite has an inviting jaccuzi tub, his & her vanities & a walk-in closet. The walk out basement is very open with nice lake views, cozy fireplace and  pool table.  You’ll love the roomy, heated 3-car att garage w/large bay for winter boat storage.  The home has a newer roof & furnace. It’s a simple stroll to your fabulous custom dock located lakeside with built-in slip including power with an electric boat lift and canopy. The sewers are paid in full.  Heritage Lake is a 320 acre private lake Indiana and only 30 miles from the west side of Indianapolis, IN.  The perfect get away or year round waterfront homes Indiana await for your lake property investment and lots of fun with friends and family.  Brouhard Realtors has specialized in Heritage Lake properties since 1987…call us today and take advantage of our expertise in this niche market.

Waterfront lot at 294 Patriots Landing is new on the market.  This prime waterfront lot is located on a large cove with sunset views and great fishing!  Mature trees make this site perfect for you weekend get away or year round home!  You’ll love the nature and the ability to enjoy the lake whether you build your dream home immediately or later.  You can start with putting in your dock where you can keep your boat all summer while you decide what and when to build.  The Heritage Lake campgrounds is a great place to camp and only open to property owners.  You can enjoy the waterfront investment in the lot and stay at the campgrounds…boat all day and relax by the fire at night.  You may have a permanent site at the campgrounds where you keep your camper ready for a visit anytime!  Heritage Lake is a 320 acre private lake Indiana, perfect for summer homes or living all year long! 

200 Mill Springs is reduced to $179,900! How many lakefront homes can offer your own private boat dock just out back on a 320 acre private lake only 30 miles from a major growing city like Indianapolis for a price like this?  It is a Buyer’s Market on the Heritage Lake Waterfront for the first time in my memory of living and working at this lake for over 20 years!  You need to come out here and see what is available in lakefront properties including waterfront lots and waterfront homes in Indiana!

You read the papers and you are making decisions-have you thought about buying waterfront property in Indiana.  Indiana has only so much lakefront property and one of the nicest bodies of water is a private lake only 30 miles West of the progressive city of Indianapolis, IN.  Heritage Lake has been one of the best kept secrets in Indiana for some time and now it appears to be a buyer’s market, making it a great opportunity for a sound real estate investment.  I don’t claim to be a financial planner, so contact us at Brouhard Realtors for market statistics, what is available on the market currently and market analysis information.  We’ve lived at and sold Heritage Lake since 1987 and do 98% of our real estate business at the lake, we can answer your questions!  Now may be the perfect time for you to invest in Heritage Lake.

This kind of opportunity has been rarity at Heritage Lake.  This lovely lakefront home at 16 Jefferson Valley is surrounded by mature trees and next to a Nature Preserve at Heritage Lake, a 320 acre private lake only 30 minutes west of Indianapolis, IN!  The lot is large, private and teeming with nature.  A gently sloping trail  and foot bridge through the woods on the property and you arrive at your own private dock in deep water on the main body complete with boat lift!   Meanwhile, up at the cottage you’ll enjoy the private fire pit for fun under the stars after a great day on the lake.  This really is a rare opportunity to have that summer home on the water at a price that will be a worthy investment in your family and your portfolio!  Brouhard Realtors are your Heritage Lake Experts and are available to show you this Central Indiana lakefront property!

The Heritage Lake Open Houses in August were a huge success so we are planning a repeat on September 28, 2008.  We are currently getting the waterfront homes and offshore home listings set up for that day and a map and list of homes will be put on line soon.  There should be about 10 lakefront homes open that day and several offshore properties as well.  In addition to the open houses, Brouhard Realtors will be giving boat tours of the lake at 11:30 and 12:30 from the marina.  It would be best to call if you are interested in a boat tour.  Heritage Lake is a 320 acre private lake only 30 miles West of Indianapolis, IN.  It is a wonderful Indiana lake with wonderful access for the perfect vacation lake home!  Brouhard Realtors will be working hard in preparation.  This is a great time to buy lakefront property, interest rates are down, the weather is gorgeous with a beautiful fall around the corner and you’ll be ready first thing in the Spring for lakeside living!

235 Mill Springs sits on a prime lakefront property in Indiana with expansive views in all directions!  This waterfront sanctuary is all you need to enjoy lakeside living all year long or as an exquisite summer home!  The home is a brick ranch home with nice landscaping and an unbelievable large covered veranda out back only steps from the waterfront and your own private dock.  The interior of this home is gorgeous, with hardwood flooring throughout, crown molding, casement molding on walls, brick fireplace, vaulted ceilings and more.  The attention to detail of the trim, molding, arches and tray ceiling in the master bath lend an elegance to this home.  The kitchen is roomy and bright with pendant lighting over the breakfast bar and view a into dining area and the lake.  The home is wired for surround sound and music throughout!  But, oh, the views from throughout this lakefront home are unsurpassed!  You’ll love the large dock that is waiting for your boat, fishing and swimming!  The home is ready to move in and enjoy the rest of the boating season and the gorgeous fall colors!  Heritage Lake is a 320 private lake Indiana with great fishing, boating, sandy beaches, parks, clubhouse, organized activities and more!  Brouhard Realtors Heritage Lake Experts are ready to give you a tour of our lovely private lake!

Lots 71 and 72 Jefferson Valley are Heritage Lake Indiana properties that had been undeveloped and not maintained.  Darrel had a vision for these lakefront lots but there was a lot of work to be done.  Shannon McCullough, a local excavator, who has equipment to dredge the waterfront and move ground completed a major makeover on these waterfront lots, creating one of the most panoramic views among some gorgeous hardwoods making these lakefront properties a prime building site for that lake home dream!  Each lot is priced at $159,900 and may be purchased either separately or together!  There aren’t many waterfront properties like these…only an hour away from Indianapolis, IN.  Brouhard Realtors can show you these lots and other waterfront homes and lots from their boat!  Make plans to visit Heritage Lake today and enjoy the remainder of the boating season and the fall colors that will arrive soon!

Brouhard Realtors held a Heritage Lake Open House Extravaganza on August 3rd.  About 20 homes were open, both offshore and lakefreont homes.  It increased sales activity and we continue to schedule appointments as a result of the extensive marketing and the magnitude of the event.  Waterfront homes at 239 Jefferson Valley, 225 Jefferson Valley, 12 Jefferson Valley and 295 Lincoln Hills have entered a sales pending status.  Watch for our next Open House Extravaganza in September!  If you are considering listing your Heritage Lake home, get with Brouhard Realtors ASAP so your home can be included in the next Open House Extravaganza!  Of course, if you are looking for that perfect lakefront property, now is a wonderful time to visit, take a boat tour and view some lovely lake homes!  You could get in your vacation home in Indiana in time for some late summer fun and a beautiful autumn!  The fishng continues to be great, too!