Indy Homes Blog

You’ll feel like you’re on vacation year-round in this 1.5 story custom-built home just steps from Morse Reservoir.  Deeded boat dock included!

 1569 Northport, Cicero

Sunday, Sept. 30

Open 3-5 PM

Host Agent: Kim Forrest

SATURDAY, Sept. 22

1452 Wayne Street, Noblesville

12-3 PM

Host Agent: Crystal Owen

A fabulous remodel makes this historic charmer a must-see.  You’ll love the quiet, tree-lined street it’s located on, too!

SUNDAY, Sept. 23

506 Balfour, Avon

3-5 PM

Host Agent: Heidi Smid

Super cute & super clean, this nicely-done 2-story is new to the market.  Ideal quiet cul-de-sac location.

A fantastic selection of our listings are being held open this Sunday, Sept. 9th, by some of our agents as well as other Keller Williams agents from our office.  We hope you can make it out to see these fabulous homes!

 1452 Wayne Street, Noblesville, IN 46060

Open:  1-4 PM

Host:  Ainsley Piel 

7166 Summer Oak, Fishers, IN 46060

Open: 1-4pm

Host: Crystal Own

1324 Penny Lane, Greenfield, IN 46140

Open: 2-4pm

Host: Julia Young

12202 Colbarn Place, Fishers, IN 46038

Open: 2-5pm

Host: Heidi Smid 

9712 Indigo Lane, Fishers, IN 46038

Open: 3-5pm

Host: Kim Forrest 

The National Association of REALTORS posted an article on their website in regards to this year’s second quarter home prices.  Indiana along with Wyoming, Iowa, North Dakota, Oklahoma, and Nebraska saw an increase in sale performance in the real estate market, despite overall low sales across the country.

To read this article in its entirety, visit NAR’s website.

This weekend three of our wonderful listings are being held open for all to visit and tour! Make sure to stop by and check them out!

12552 Elgin Court, Fishers, IN 46037

Open 12 - 2pm

This Manchester- style 4 bedroom, 3.5 bath features a gourmet kitchen, a multi-layered deck, cathedral ceilings, hardwood floors, stainless steel appliances, and much more.

1452 Wayne Street, Noblesville, IN 46060

Open 1- 4pm

History and modern amenities meet in this classic 3 bedroom, 2 bath home in downtown Noblesville. Features include a large front porch, wood flooring, new cabinets & counters, third bedroom w/ loft, new carpet, and much more.

20693 Alpine Drive, Noblesville, IN 46062

Open 3- 5pm

This 3 bedroom, 2 bath ranch home near popular Morse Lake features hardwood and ceramic tiled floors, vaulted ceilings, floor-to-ceiling fireplace, fenced-in backyard, storage barn, and much more!

For more information on these listings Contact Us!

Looking for more open houses?  Check out our calendar of Indianapolis open houses!

I had the pleasure of showing what I consider to be ‘high end’ homes this week.  We looked at several on Geist Reservoir all 1.2 million and up.  Got a call from the listing agent for one of the more expensive homes asking if we noticed anything out of place when we were at the home and if we had any difficulty locking any of the doors.  The home was a little cluttered—and I had actually already left feedback for this realtor stating the home could benefit from some staging—but nothing out of the ordinary.  Turns out the home had been burglarized sometime between when we were there in the afternoon and the next morning.  Lots of valuables removed.

After hearing from me that we saw nothing unusual when we were there, the listing agent then confided that the homeowners were on vacation.  Before leaving for vacation they dropped a car off at a mechanic’s to be serviced while they were gone.  Not only did these home owners tell the mechanic there was no hurry because they would be gone the next two weeks, but they also left their garage door opener to their home IN THE CAR!!!  Unbelievable!

To add more to this unbelievable story, the neighbor, who was given the responsibility of watering flowers while the homeowners were away,  saw a van back up to the garage the night before.  She did not think to call the police until the same van showed up the next morning!

I tend to be very trusting and even naive at times, but I am still shaking my head over this one!!!

Two of our fantastic listings are going to be held up this coming Sunday, August 12th. Make sure to check them out as you take your “Sunday Drive”!

10175 Pamona Court, Fishers, IN

8/12/07 from 3- 5pm

This beautiful 4 bedroom 2.5 bath has features galore including hardwood floors, ceramic tiling, vaulted ceilings, fenced in backyard, patio, and more! Plus all appliances stay! Listing price is $179,900.

7166 Summer Oak Drive, Noblesville, IN

8/12/07 from 3- 5pm

This RDJ custom home is our newest listing and is absolutely gorgeous! With 4 bedrooms and 2.5 baths, this home features tall ceilings, new paint, maple cabinets, and an unfinished basement with plumbing finished awaiting you to finish it! Listing Price is $296,500.

For information on these homes please Contact Us! To find more great Indianapolis Real Estate listings, visit our websites!

The collapse of the subprime lending market has spread to the financial markets, sparking fears that tighter credit will have a broader impact on consumers and the economy.

The U.S. government has downplayed the risk of the subprime meltdown spreading. Treasury Secretary Henry Paulson has said the effects are largely contained, and the economy is still strong.

In the financial markets, credit, including corporate bonds, has become harder to get, but Mark Zandi, chief economist of Moody’sEconomy.com, is loath to call it a “credit crunch”. He does admit to a “liquidity squeeze,” however. The difference: In a crunch, nobody can get a loan; in a squeeze, only the riskier borrowers are cut out.

Today’s Rates

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Product Rate APR

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5/1ARM *5.625% *6.785%

7/1 ARM *5.750% *6.910%

30 Yr. Fix. *6.375% *6.435%

Continuing our blogging series of Real Estate Definitions, the term this week is:

Amortization Schedule:

Over the life of a loan, each month one portion of the payment will go towards principal and the other portion towards interest. An amortization schedule displays a table that shows the balance of the loan decreasing to zero as well as the amount each payment applies to the principal and interest.

Have questions about a real estate term you have come across? Ask us! Or visit our Indianapolis Real Estate and Carmel Real Estate sites to find your answers.

Susan Timmerman will be holding 10175 Pamona Court in Fishers, IN open this Sunday, July 29th from 3 - 5pm.  Pamona Court is a 4 bedroom/ 2.5 bath located in Sweet Briar North.

See you there!