Indianapolis Real Estate - Indianapolis Homes

Recent Posts

Mon, Apr 07, 2008

Indianapolis Real Estate - New Marion County Tax A... by Mike Taylor

The Indy Star has put together another cool tool to check the new tax assessment for Marion County. Check it out here.

You put in just your street name and nothing else, if you want to compare your assessment with your neighbors.

813 Views, 0 Comments.

Wed, Mar 19, 2008

Property Tax Reform for Indiana...Finally by Mike Taylor

If you a Hoosier you already know this unless you have been living under a rock, but the lovely Indiana lawmakers have finally passed some meaningful property tax reform. What they have is essentially what they have been talking about the entire time with Mitch Daniel’s 3-2-1 proposal. Here are the major changes taking place:

-    This year property taxes will be reduced by an average of 30% due to increased homestead exemptions.
-    Next year the property taxes will be capped at 1.5% of the assessed value
-    In 2010 and after taxes will be capped at 1% of the assessed value
-    Rentals and Farms are capped at 2% and businesses are capped at 3%

Of course they have to make up that money somewhere else so the state sales...

832 Views, 2 Comments.

Wed, Mar 12, 2008

New Indianapolis FHA Loan Limits by Mike Taylor

The Federal Housing Administration has recently updated the loan limits for FHA insured loans and raised the limits significantly. Here are the new loan limits for FHA loans in the metro Indianapolis area:

Single Family Two-Family Three-Family Four-Family $271,050 $347,000 $419,400 $521,250

Hopefully this will be another impetus to spark some more interest in Indianapolis real estate. Indianapolis is the most affordable major metropolitan real estate market in the nation and $271,000 can buy you a lot of house in Indy. I can see some of the more expensive market such as

847 Views, 0 Comments.

Wed, Mar 05, 2008

New Hotel/Water Park Could be added to Anson in Zi... by Mike Taylor

A new water park/ hotel could the newest addition to the madness surrounding the Anson project in Zionsville. Indianapolis based Street Corner group accidentally announced on their website that its Boone Crossing Development at the corner of I-65 and S.R. 334 would include a 250 room hotel with a water park. This “announcement” is not official yet and no hotel chain has been announced but they do expect the details of the project to be figured out in 2 – 3 months. If this does happen, the water park and the rest of the project could be complete as soon as 2009.

Since the Medco announcement, the Anson project has really taken on a new life. It seems every few weeks some new big announcement come out about more and more people and...

1201 Views, 2 Comments.

Fri, Feb 29, 2008

Controversal Carmel Tax Bill by Mike Taylor

A controversial bill in the state senate could allow tax dollars from the West Clay development siphoned over to pay for part of the Arts Center. By establishing West Clay as economic developing area, the city could use TIF (tax increment financing) to allow the city to capture these tax revenues and pay for public improvements. Carmel would like to get $1 million - $3 million from the Village of West Clay retail area to help pay for the Performing Arts Center.

I am actually quite torn on this one. West Clay is in Carmel and they will benefit from the new Arts Center at least indirectly. The question is does this put an unfair tax burden on the residents and businesses in West Clay? Could that money be used to develop more or...

715 Views, 4 Comments.

<< 6 7 8 9 10 11 12 13 14 15 16 >>