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Tue, Oct 30, 2007

Avon Real Estate Report - September 2007 by Mike Taylor

The Avon real estate market does not have good news to report for September 2007; both the average home price fell and the number of homes sold is down. In September 2007, 39 Avon homes sold for an average of $181,412 which equates to $84 per square foot. This is down from last years numbers of 48 sales with an average sales price of $192,644. What is interesting is that while the average purchase price is down 5.83% over last year, the average price per square foot stayed exactly the same.

As of today, there are currently 446 Avon homes for sale with an average asking price of $196,476. Over the past 12 months, 650 homes sold on the Avon real estate market; this means that if no new homes were added to the market there is an...

409 Views, 1 Comments.

Mon, Oct 29, 2007

Zionsville New Homes - Fieldstone and Brookhaven by Mike Taylor

I have recently visited a few more new home communities and added two new pages to the Indianapolis new homes page of the website. This week, I visited two new home communities in Zionsville: Ryland Homes Fieldstone and Drees Homes Brookhaven. Fieldstone is a brand new community with homes ranging from $300 - $400K. All of the homes will include full basements, 3 car garages, and brick on three sides of the home.

Drees Brookhaven is one notch above Ryland, with homes ranging in price from the high 300’s to the high 500’s. These communities are actually connected and will share the community amenities including a pool, basketball, playground, and walking trails. I think both of these are going to be additions to the...

423 Views, 0 Comments.

Thu, Oct 25, 2007

My Man Mitch by Mike Taylor

Thank god someone is finally stepping forward and addressing this property tax issue. Governor Mitch Daniels proposed a permanent cap on Indiana property tax bills that he claims would cut the average Hoosier’s bill by 1/3. Basically what the governor is proposing is to cap property taxes at 1% of the assessed value for residential, 2% for rental properties, and 3% for businesses. Hence, a $200,000 house would not pay more than $2,000 in taxes. He is also proposing another homestead exemption of 35% on top of the current $45,000 exemption.

Obviously, we need to make up for that money somewhere else. The somewhere else that the governor is proposing is at the register with a 1% increase in the state sales tax. One other change...

289 Views, 5 Comments.

Wed, Oct 24, 2007

Mo Money Mo Problems by Mike Taylor

Hamilton County’s population could double in the next 30 years if the prediction that came out on Monday comes true. The current population count estimates Hamilton County’s at 256,000 which is already a 40% increase from 2000. The current projections estimate that Hamilton County’s population could be as much as 436,000 by 2040.

From a real estate perspective, you could not ask for anything better. Obviously, Carmel real estate, Fishers real estate, Noblesville real estate, and Westfield real estate all stand to benefit from this population boom. If this trend continues, Hamilton County could replace Marion County with a current population of 865,000 as the state’s most populous.

All of this growth is great, however as...

419 Views, 0 Comments.

Tue, Oct 23, 2007

Carmel Real Estate - Parkside Village by Mike Taylor

Parkside Village is a small subdivision located just off the Carmel City Center. Parkside Village is a community that consists of just over 100 homes and offers first time home buyers a very unique opportunity to obtain a Carmel address and send their kids to the award winning Carmel Schools. While most Carmel homes sell for well over $300,000, Parkside Village offers a very rare and affordable option on the Carmel real estate market.

This reason I am writing this is because I just listed a home in the Parkside Village subdivision. Here are some photos of the house I just listed for $139,900:

If you are interested in this home or any other Carmel real estate, please contact Mike Taylor...

380 Views, 0 Comments.

Fri, Oct 19, 2007

New Tax Bills Out...Sort Of by Mike Taylor

Get your checkbooks ready…the property tax bills should be hitting your mailboxes this week for Marion County residents. The bills this time around should not provoke riots like the last bill almost did because they are still based on last year’s tax amount. Hence, Marion County residents still have no idea what their taxes are for 2006. The final new bill for 2006 is scheduled to come out in April 2008. At that point, you may, and probably will, still owe more money if your property taxes went up after the newest round of re-assessments.

Don’t forget about that genius idea, the one time rebate check some dim-witted politician dreamed up to opiate us so that we might just take these tax increases without saying a word. Dude,...

243 Views, 0 Comments.

Wed, Oct 17, 2007

Lawrence to Take Back Utilities by Mike Taylor

The Lawrence City Council has finally struck a deal to take back control of Lawrence’s water and sewer utility. For those that don’t know or can’t remember, in 2001 the then mayor of Lawrence, Thomas Schneider, apparently made some back room deal which gave control of the utilities over to some of his cronies for next to nothing. Shortly after this shady deal, water prices skyrocketed making Lawrence water some of the most expensive in the area.

County officials are careful to point out that is not a done deal yet, however this could be finally put to rest in the next few days. It could just be lip service, but the mayor of Lawrence says Lawrence Utilities customers could see a 10% decrease in their...

282 Views, 1 Comments.

Tue, Oct 16, 2007

Back from Vacation by Mike Taylor

I am back from vacation and it is on and poppin’. My batteries are recharged and I was even able to sell a house while in Mexico thanks to some very loyal clients. I included a couple photos, one of all us on the trip ( I am on the right), and one of Acapulco Bay. I am officially sick of margaritas and Mexican food.

I have tons to do and catch up on. I am hopefully closing on house Monday, wrapping up another deal, listing a house this week, and should be writing a new offer tomorrow. I have also started to create a Squidoo lens on Indianapolis real estate and will post it here when I have it complete.

400 Views, 0 Comments.

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