As we reach the midpoint of the year, the Central Indiana single-family homes market continues to display dynamic shifts across its counties. From the bustling urban landscapes of Hamilton County to the scenic retreats of Brown County, each area offers a distinct perspective on the current housing market. This is our interpretation based on the data provided by MIBOR Market Insights, examining trends observed from May 2024 to June 2024 and providing a comparative look at year-over-year data from June 2023 to June 2024. Whether you're a prospective buyer or seller, understanding these trends is essential for making informed real estate decisions in today's evolving market.
Bartholomew County shows a stable market with a slight decrease in median sales price compared to the previous month but a modest increase year-over-year. The decrease in units sold suggests a slower market pace, providing buyers with more negotiating power. Active inventory has increased, offering buyers more choices, although fewer new listings may limit options. Properties are selling quickly with a low median days on market, indicating continued demand despite some price fluctuations.
Boone County demonstrates a strong market with a significant increase in median sales price month-over-month and year-over-year, reflecting rising property values. However, the decrease in units sold indicates a slower market pace, potentially due to increased prices and limited inventory growth. Active inventory has risen slightly, but fewer new listings may constrain buyer options. Properties are selling quickly with a low median days on market and an uptick in price per square foot, suggesting continued demand in a competitive market.
Brown County shows a mixed market with a notable decrease in median sales price compared to the previous month but an increase year-over-year. The decline in units sold suggests a slower market pace, which could provide buyers with more negotiating opportunities despite a stable inventory. Median days on market have decreased significantly, indicating properties are selling faster, but fewer new listings may limit buyer choices. Price per square foot has also decreased slightly, potentially offering buyers more affordable options in this market.
Decatur County displays a strengthening market with a substantial increase in median sales price month-over-month and year-over-year. Despite a decrease in units sold, active inventory has expanded, offering buyers more options. Properties are selling relatively quickly with a low median days on market, indicating strong demand. The increase in new listings further supports market activity, although the rise in price per square foot suggests increasing property values, potentially benefiting sellers.
Hamilton County maintains a robust market with a slight increase in median sales price compared to the previous month and stable growth year-over-year. Despite a modest decrease in units sold, active inventory has grown, giving buyers more choices. Properties are selling quickly with a low median days on market, reflecting continued demand. However, fewer new listings may limit buyer options despite a stable price per square foot, indicating a balanced market with steady growth in property values.
Hancock County shows a steady market with a decrease in median sales price compared to the previous month but a slight increase year-over-year. The decline in units sold suggests a slower market pace, potentially giving buyers more negotiating power despite stable active inventory. Properties are selling relatively quickly with a moderate median days on market, indicating steady demand. Fewer new listings may limit buyer choices, although the slight decrease in price per square foot could offer opportunities for affordability.
Hendricks County demonstrates a stable market with a slight decrease in median sales price compared to the previous month but a modest increase year-over-year. The increase in units sold suggests continued demand, supported by a growing active inventory. Properties are selling quickly with a low median days on market, indicating a competitive market environment. The slight increase in price per square foot reflects rising property values, potentially benefiting sellers despite fewer new listings limiting buyer options.
Jackson County shows a resilient market with a stable median sales price compared to the previous month and significant growth year-over-year. Despite a slight decrease in units sold, active inventory has remained stable, providing consistent buyer options. Properties are selling relatively quickly with a moderate median days on market, suggesting steady demand. However, fewer new listings may restrict buyer choices, although the increase in price per square foot indicates rising property values, benefiting sellers.
Jennings County displays a strengthening market with a notable increase in median sales price month-over-month and year-over-year. Despite a decrease in units sold, active inventory has expanded significantly, offering buyers more choices. Properties are selling relatively quickly with a moderate median days on market, indicating strong demand. The increase in new listings supports market activity, although the rise in price per square foot suggests increasing property values, potentially benefiting sellers.
Johnson County maintains a stable market with a slight increase in median sales price compared to the previous month and steady growth year-over-year. Despite a decrease in units sold, active inventory has grown moderately, providing buyers with more options. Properties are selling quickly with a low median days on market, reflecting continued demand. Fewer new listings may limit buyer choices, although the stable price per square foot indicates a balanced market with steady property values.
Madison County shows a varied market with a decrease in median sales price compared to the previous month and year-over-year. The decline in units sold suggests a slower market pace, potentially giving buyers more negotiating opportunities despite a stable active inventory. Properties are selling relatively quickly with a moderate median days on market, indicating steady demand. Fewer new listings may constrain buyer options, although the slight decrease in price per square foot could offer affordability in this market.
Marion County demonstrates a stable market with a slight increase in median sales price compared to the previous month and moderate growth year-over-year. Despite a decrease in units sold, active inventory has expanded, providing buyers with more choices. Properties are selling relatively quickly with a low median days on market, reflecting consistent demand. However, fewer new listings may limit buyer options, although the stable price per square foot indicates a balanced market with steady property values.
Montgomery County shows a stable market with a slight increase in median sales price compared to the previous month and strong growth year-over-year. Despite a slight decrease in units sold, active inventory has grown, offering buyers more options. Properties are selling relatively quickly with a low median days on market, indicating steady demand. The increase in new listings supports market activity, although the rise in price per square foot suggests increasing property values, potentially benefiting sellers.
Morgan County displays a robust market with a notable increase in median sales price month-over-month and year-over-year. Despite a slight decrease in units sold, active inventory has expanded, providing buyers with more choices. Properties are selling relatively quickly with a low median days on market, indicating strong demand. The decrease in new listings may limit buyer options, although the increase in price per square foot reflects rising property values, potentially benefiting sellers.
Putnam County shows a stable market with a slight increase in median sales price compared to the previous month and a decrease year-over-year. Despite a decrease in units sold, active inventory has grown significantly, offering buyers more options. Properties are selling relatively quickly with a moderate median days on market, indicating steady demand. The increase in new listings supports market activity, although the decrease in price per square foot suggests affordability, potentially attracting buyers.
Shelby County demonstrates a stable market with a slight increase in median sales price compared to the previous month and moderate growth year-over-year. Despite a decrease in units sold, active inventory has expanded, providing buyers with more choices. Properties are selling relatively quickly with a moderate median days on market, reflecting steady demand. The increase in new listings supports market activity, although the decrease in price per square foot suggests affordability, potentially benefiting buyers.
As we conclude our county-by-county analysis of the Central Indiana single-family homes market, it's evident that each area presents unique opportunities and challenges for buyers and sellers alike. From the rapid pace of Hamilton County to the steady resilience of Boone County and beyond, understanding these trends is crucial in navigating your real estate journey.
Looking ahead, the remainder of the year promises to be dynamic, with shifting market conditions influenced by economic factors and buyer-seller dynamics. Whether you're considering buying, selling, or investing in Central Indiana real estate, our team at RE/MAX Advanced Realty is here to provide expert guidance and support.
Explore our listings, connect with our experienced agents, and let us help you achieve your real estate goals in this competitive market. Contact us today to schedule a consultation and take the next step towards finding your dream home or maximizing your property's value. Trust RE/MAX Advanced Realty for insightful market analysis and personalized service, ensuring a smooth and successful real estate experience.
As we gear up for the 4th of July, Central Indiana is ready to light up the sky with dazzling fireworks displays to honor our nation's independence. Whether you're seeking family-friendly festivals or vibrant fireworks shows, there's something for everyone to enjoy this Independence Day. Here's your guide to the top events happening around Central Indiana.
Bartholomew County (Columbus)
Boone County (Whitestown, Zionsville)
Delaware County (Muncie)
Hamilton County (Carmel, Fishers, Noblesville)
Hendricks County (Plainfield, Danville)
Johnson County (Greenwood, Franklin, Bargersville)
Madison County (Frankton, Alexandria, Chesterfield, Pendleton, Anderson)
Marion County (Indianapolis, Beech Grove, Lawrence)
Monroe County (Bloomington)
Wayne County (Richmond, Cambridge City, Hagerstown)
White County (Monticello)
Family-Friendly Entertainment
Out to the Bars
As we gather to celebrate our nation's independence, we wish everyone a safe and joyful 4th of July. Remember to cherish these moments with your loved ones, and if you're considering a new home in Central Indiana, our team is here to help you find the perfect place to create more wonderful memories.
Happy Independence Day from all of us at RE/MAX Advanced Realty!
Disclaimer: Please check the official event pages for any possible schedule changes and announcements.
No-wake lakes in Indiana offer peaceful boating for water enthusiasts. Flint Lake, Lake of the Four Seasons, and others have "no-wake" policies to keep boat speeds low for kayaking, paddleboarding, and fishing.
The limits protect the ecology, reduce shoreline erosion, and provide a peaceful setting for residents and visitors to enjoy the scenery and pleasure without high-speed watercraft.
The calm charm and conservation efforts of Northwest Indiana's no-wake lakes attract nature enthusiasts and those seeking a quieter, more relaxing boating experience in dramatic scenery.
In the first and second parts, we discussed what are the lakes in northwest Indiana and the Indiana all-sports lakes. So, in this last part, we will tackle what are the no-wake lakes in Indiana.
No-wake lakes, such as Fish Lake in Walkerton, Indiana, give prospective homeowners the chance to live near water and take in the tranquil serenity of the outdoors.
The advantages of this are that no-wake lakes in Northwest Indiana, like Flint Lake and Lake of the Four Seasons, are ideal for kayaking, row boating, or pontoon rides, offering a tranquil, serene environment, making them better suited for individuals seeking a peaceful and quiet setting rather than those desiring high-speed recreational activities, providing better options for those who want to enjoy fishing on a calm lake.
The disadvantage of this is that the popular no-wake lakes such as Flint Lake and Lake of the Four Seasons restrict boating to non-motorized boats, trolling motors, or slow pontoon boats, typically situated in more rural areas, often featuring lakefront homes for sale, making them highly sought-after destinations for those seeking a serene, rural lifestyle within a no-wake lake community.
The following is a list of lakes in Indiana that are considered to be no-wake zones;
Upper and Lower Fish Lakes make up Fish Lake, which is two lakes. Both Upper and Lower Fish Lakes are 273 acres. No-wake lakes prohibit motor boats: trolling or low-horsepower outboard bass boats and pontoons. Lake fishing is permitted.
Few amenities near Fish Lake. This is because the lake is rural. Laporte, 9 miles northwest, and Walkerton, 7 miles southeast of Fish Lake, have various facilities.
Two-bedroom, one-bathroom homes with 1,200 square feet are common in Fish Lake. Those houses offer great value for a Northwest Indiana riverfront home.
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Three lakes comprise the Valparaiso Chain of Lakes, located on the northern edge of Valparaiso, Indiana. There are no wakes in any of these lakes. On the lake, pontoons, non-motorized watercraft, and bass boats with small motors are permitted.
Lake fishing is allowed. Despite being close to one another, the three lakes are not connected. Only two miles north of Valparaiso is the Valparaiso Chain of Lakes. With a population of over 35,000, Valparaiso is a thriving city where you may enjoy all the conveniences of a lake property.
Valparaiso Chain of Lakes waterfront properties are priced widely. Walden, a Valparaiso lakeside luxury area, is famous. Larger, luxurious residences with many bedrooms, bathrooms, and features are available here. Buyers might discover a Valparaiso Chain of Lakes house within their budget.
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So, where in Northwest Indiana is the ideal place to purchase a lake house? Well, just like when choosing a location or property, you have to determine what kind of lake life you want to have. Consider the unwritten rule in purchasing a home, which is to buy a house that meets your needs and preferences and will serve you the best. Nonetheless, here are the most common desired lake life you can check out:
If you've always wanted to live by the lake, Northwest Indiana has many lakefront properties to choose from. The price range, atmosphere, and features vary greatly so if you need help zeroing in on the best options for you, our team at RE/MAX Advanced Realty is here to help!
Call us today or send us a message to get started!
We are thrilled to invite you to a series of Open House events this weekend, where you can explore stunning homes in some of Indiana's most desirable neighborhoods. Whether you are looking for historic charm, modern amenities, or serene lakefront living, we have something special for you. Join us and discover the perfect home for you and your family. Here are the details of our Open Houses:
919 Broadway St Unit D, Indianapolis, IN 46202
Time: 12 PM - 3 PM
Hosted by: Jessica Montalvo | 317-912-3730
Own a piece of history with this stunning condo in the heart of Historic Chatham Arch Neighborhood. Built in 1890, this home seamlessly blends timeless elegance with contemporary city living. Positioned on a prized corner lot, you're just steps away from the new BottleWorks District and the vibrant atmosphere of Mass Avenue. Enjoy the variety of dining, shopping, and entertainment options right outside your door. This meticulously maintained home features beautiful hardwood floors, grand windows flooding the living room with natural light, and contemporary upgrades in the kitchen with stainless steel appliances and sleek granite countertops. Don't miss this exceptional condo in one of Indianapolis's most sought-after neighborhoods!
9049 W Forest Dr, Elwood, IN 46036
Time: 1 PM - 3 PM
Hosted by: Lori McCord | 317-258-9904
Welcome to the Forest Hills subdivision with no HOA and a private entry into the neighborhood. This beautiful home offers 4 bedrooms, 2 full bathrooms, a mud room, and a bonus room upstairs, with an additional living room in the basement. The property boasts hardwood floors, a great front porch, new windows, a water heater, a sewer pump, and a heated garage with A/C. With recent updates and a large yard, this home is perfect for families. The seller is providing an $800 flooring credit for the 2 bedrooms downstairs. Don't miss this opportunity!
1029 Pine Hill Way, Carmel, IN 46032
Time: 12 PM - 2 PM
Hosted by: Tony Sowers | 317-694-2940
Step into luxury with this immaculate 6-bedroom, 5.5-bath custom home in Cheswick Place. A grand 2-story entry welcomes you into a living room with soaring 14 ft ceilings, brand new hardwood floors, and a 2-sided fireplace. The updated kitchen is a chef's dream with ample prep space, a center island, and stainless steel appliances. The huge main level primary suite features a spa-like bath and walk-in closet. The lower level is perfect for entertaining with a home gym, theatre area, bar/kitchenette, storage, and an additional bedroom and full bathroom. Enjoy your private backyard with a large deck, fire pit, and plenty of green space. Recent improvements make this home truly move-in ready!
Discover this completely updated ranch home in the Center Grove school district. This home features a brand new roof, new engineered hardwood flooring, freshly painted interiors, and updated lighting fixtures. The kitchen boasts new cabinets, granite countertops, a new center island, and stainless steel appliances. The primary bathroom offers a glass walk-in shower with a luxury rainfall shower head. The nearly 1/2 acre yard is fully fenced with new landscaping and a newly painted storage shed. The garage is fully finished and freshly painted. Join us to see all the updates and enjoy the open house!
8360 S Indian Ridge Dr, Trafalgar, IN 46181
Time: 1 PM - 3 PM
Hosted by: The Rob Campbell Team
Rob Campbell | 317-695-1315 & Joyce Campbell | 317-691-4627
Experience lakefront living at its finest with this beautiful log home on Lamb Lake. With over 100 feet of lakefront, a boat dock, and spectacular views, this home offers the perfect blend of rustic charm and modern amenities. The main level features cozy hardwood peg flooring, a wood-burning fireplace, and an updated kitchen with quartz counters and new appliances. The primary bedroom opens to a private deck overlooking the lake. The walkout basement includes a second kitchen, bar, living room with a fireplace, and a bonus room. Enjoy the best of lake living with water-skiing, boating, fishing, and more, all just 30 minutes from Greenwood and 45 minutes from Indianapolis.
Don't miss your chance to find your dream home this weekend! For the latest updates and to be notified as soon as new homes hit the market, sign up on our website to receive your free list of exclusive property listings. We look forward to welcoming you at our Open House Extravaganza! See you there!
For lakefront living, northwest Indiana Lakes has beautiful Lake Michigan waterfront houses for sale that you can consider. These properties along the shoreline offer quiet and recreation along with stunning views. Meanwhile, lakeside life provides boating, water sports, and sunset strolls.
From modest cottages to magnificent houses, the region's real estate market offers a distinct seaside experience. However, if you're looking specifically for Indiana all-sports lakes, this post is made specially for you!
Boaters often find their nirvana on Indiana all-sports lakes like Pine Lake, located in LaPorte County, Indiana. However, it might be a living hell for people who are looking for nothing more than peace.
Therefore, it's important to weigh its pros and cons first before moving to this area.
The disadvantages of living on Indiana all-sports lakes are that Northwest Indiana Lakes, featuring lakefront homes for sale, offer vibrant recreational opportunities; however, they might experience congestion during high-traffic summer weekends and holidays, potential interruptions due to varying lake usage, and noise from boats and bustling lake activity.
Below are the Northwest Indiana Lakes that offer water sports and activities;
Pine Lake is clean, public, and allows boating. It has many shoreline real estate opportunities. Pine Lake is open to boating, non-motorized watercraft, and fishing. Pine Lake is an all-sports, recreational lake with faster motorboats.
Parks, parking, and the lake are near LaPorte, Indiana, a thriving 22,000-person community. In LaPorte, you may find lake house amenities. Pine Lake waterfront homes usually have docks in the back. Rent dock space at a small marina on the east side of the lake. Lastly, the lake's south end has a public boat launch.
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Being further east than Pine Lake, Hudson Lake is an all-sports lake that won't be as crowded as others. This lake allows motorboats, bass boats, and pontoons. Water skiing, tubing, kayaking, and fishing are lake activities.
Also prohibited: motorized watercraft. A 1,200-person town, Hudson Lake. Around 1,800 people live in nearby New Carlisle. Hudson Lake is a South Shore Commuter Rail stop. This link connects this hamlet to downtown Chicago and South Bend.
Hudson Lakefront residences exist. Some homes have five or more bedrooms over 5,000 square feet, while others have two bedrooms and one bathroom.
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Shorewood Forest near Valparaiso, Indiana, has upscale houses and Lake Louise, a private lake. Shorewood Forest is great for daily boating recreation. Private Lake Louise. Lake access is available to residents and guests with a residency.
The lake is all-sports with careful management. Bass boats, jet skis, pontoons, and motorboats are allowed. Kayaks are permitted, but not motorized boats. A bustling 35,000-person Valparaiso, Indiana, borders the area. Every city amenity is in Shorewood Forests. Additionally, the community offers a splash pad, pool, sports courts, walking trails, beach, and dog park.
Shorewood Forest seems like home, not lake life, despite the lake being the neighborhood jewel. Year-round inhabitants predominate. Many enormous homes are in this neighborhood. Homes average four bedrooms, three bathrooms, and approximately 3,700 square feet.
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Central Lake County, Indiana's Cedar Lake is an all-sports public lake. Closer towns with additional facilities include Crown Point, Indiana. Cedar Lake is a lake for various activities. Motorboats, bass boats, jet skis, and pontoons are allowed. Lake non-motorized boating is allowed. Fishing is permitted. Several medium-sized cities nearby provide greater shopping and other facilities.
Cedar Lake homes for sale vary in size, features, and price. The range of Cedar Lake homes available year-round includes two-bedroom, one-bathroom homes on 1/10 acre lots to luxury homes with over five bedrooms and over 5,000 square feet. Most Cedar Lake, IN homes have three bedrooms and three bathrooms.
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The Lake Dalecarlia Property Owners Association manages the private, all-sports reservoir lake. Motor boats, pontoons, and bass boats are allowed on Lake Dalecarlia. Everyone must follow the property owners association's boating restrictions.
Crown Point, 7 miles north, is a medium-sized city with all amenities. Lake Dalecarlia prohibits non-resident boating. The Lake Dalecarlia Property Owners Association requires watercraft registration.
Searching for Lake Dalecarlia, Indiana, lakefront homes only yields residences. Homes ranged from 1,000 square feet of two-bedroom, one-bathroom to 3,440 square feet of six-bedroom, four-bathroom Lots averaging 6,000–12,000 square feet.
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Lake Bass is a public all-sports lake. Motorboats, pontoons, jet skis, and non-motorized watercraft are allowed. Fishing is permitted. Bass Lake is rural; therefore, shopping and conveniences are scarce. About 4,000 people live in Knox, Indiana, 4 miles north of Bass Lake.
Knox, Indiana, has Bass Lake lakefront houses. Bass Lake waterfront homes often include three or four bedrooms and two to three baths. Homes average 2,100–2,400 square feet. There are also many smaller and larger homes. Lots are more significant than in many lakefront communities.
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The second-largest lake in Indiana is Lake Maxinkuckee. This NW Indiana public all-sports recreation area has homes for sale. Motorboats, pontoons, jet skis, and non-motorized watercraft are allowed on Lake Maxinkuckee, an all-sports lake.
Culver, Indiana, has 1,353 residents. The village has restaurants, parks, and a marina. The town hosts the world-renowned Culver Military Academy. Plymouth, Indiana, 13 miles north of Culver, has additional amenities.
Northwest Indiana's most costly lakefront residences are on Lake Maxinkuckee. The most prominent homes can cost more than Lake Michigan lakefront residences. Lake homes vary in size and features. East-side Lake Maxinkuckee homes are among the most expensive.
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These are just some of the all-sports lakes you can check out when you want a lakefront property as your next home. We’ve created another post with all the information you need about no-wake lakes in Northwest Indiana so be sure to visit our website today!
Planning to move to Indiana or do you just want to know the Hoosier State even more? If yes, then allow us to give you more idea of what Indiana is like.
Other than The Indy 500, its vast farmlands, agricultural products, and the University of Notre Dame, Indiana is also home to beautiful lakes.
So if you're planning to relocate to a lakefront property, it's good news as there are tons of locations to choose from.
Life on a large lake is risky, and getting on the water may be difficult. However, it comes with some advantages too, so before you decide to buy a lakefront property, weigh its pros and cons first.
If you're eyeing a home along Lake Michigan in Indiana, there are various communities in the Northwest to choose from, each offering something unique:
About sixty miles southeast of Chicago's downtown lies the 32,000-person city of Michigan City. Along Lake Shore Dr., waterfront real estate buyers can find beachfront Michigan City homes for sale.
Only seven Lake Michigan lakefront home transactions, ranging in price from $725,000 to $3,000,000, have been recorded to the GNIAR MLS since 2021.
From west to east, there are three distinct neighborhoods in Michigan City, Indiana, that provide waterfront real estate for sale: Sheridan Beach, Shoreland Hills, and Duneland Beach.
Washington Park and the Michigan City Marina are the nearest locations to Sheridan Beach. Homebuyers may anticipate a completely beachside setting here, along with easy walking access to parks, the marina, the Michigan City Zoo, and a few local eateries.
Shoreland Hills is located further east and is not close to any amenities by foot. Still, there are actually very few lakeside residences that are listed as being in Shoreland Hills.
Last but not least, purchasers might discover a Michigan City lake house in Duneland Beach for sale. Except for one thing, all of the properties in Duneland Beach are waterfront. Indeed, they are lakefront, but they are situated on the south side of Lake Shore Drive since the beach is owned by the neighborhood association, which has a building prohibition. Duneland Beach lakeside homes are, well, lakefront, but you have to cross the street to get there. From properties along Lake Shore Dr., there are unimpeded views of the lake since you see across the bare beach that you and approximately 150 other residents jointly own.
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In the Indiana bedroom community of Long Beach, buyers can find homes for sale that are located on Lake Michigan. This community also has 2.3 miles of Lake Michigan shoreline. This encompasses Moore Road and Lake Shore Drive from about west of Blanchard Ct. Michigan City, which encircles Long Beach to the west, south, and east, has all the amenities that are required. Long Beach is a good place to seek a lakeside house for sale in Michigan City.
Six Lake Michigan beachfront Long Beach houses, with prices ranging from $1,225,000 to $2,290,000, have sold through the GNIAR MLS since 2021. Long Beach waterfront properties for sale usually offer 2,300 to 5,000 finished square feet, three bedrooms, and two bathrooms. The dimensions of lots vary from 7,000 to 25,000 square feet.
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Beverly Shores in north east Porter County offers Lake Michigan lakefront residences. This 600-person bedroom community is called Beverly Shores. Connected to downtown Chicago by the South Shore Commuter Rail Line, it has minimal amenities; however, Michigan City and Chesterton have everything.
Purchasing a waterfront property in Beverly Shores, Indiana, is less expensive than Long Beach or Michigan City. The waterfront in Beverly Shores was selling for between $522,000 and $875,000; however, this is not true lakefront real estate.
The houses near the lake in Beverly Shores are all located on the south side of Lake Front Drive, which runs parallel to the lake. You must therefore go across the beach and cross the roadway to get to the ocean. In essence, residences on the lake do not actually own the lakefront.
A marina is not present in Beverly Shores. Alternatively, locals can take a boat out from Michigan City's marina, which is about four miles distant. On the other hand, Beverly Shores is close to several protected areas, such as Indiana Dunes National Park. For those who enjoy the outdoors, this adds significantly to the value of Beverly Shores, Indiana, real estate.
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About 1,200 people live in Ogden Dunes, Northwest Porter County, 40 miles from downtown Chicago. A bedroom community surrounds Lake Michigan, Ogden Dunes has trails, parks, and protected places nearby. The South Shore Commuter Rail Line stops at Ogden Dunes. Chesterton and Portage, Indiana, offer more amenities.
In Ogden Dunes, Indiana, real estate buyers can acquire lakefront homes on Lake Michigan. Recently, the price range for beachfront properties in Ogden Dunes was $860,000 to $1,250,000.
Shore Drive runs parallel to the shoreline, and on its northern side are lakefront residences. However, in Ogden Dunes, erosion has reduced the amount of beach in recent years.
Ogden Dunes does not have a marina where one could launch a boat onto Lake Michigan.
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In Gary, Indiana, there is a neighborhood called Miller Beach on the northeast side. This is where purchasers may find beach houses for sale in Miller.
The population of Miller Beach ranges between 9,000 to 10,000. Because Miller Beach has so few amenities in reality, Gary and Portage, Indiana, subsidize the region. There is a stop on the South Shore Rail Line that connects Miller Beach to downtown Chicago. The Loop is 35 miles southeast of Miller Beach. The Miller Beach marina is nonexistent.
Depending on its size and amenities, lakefront Miller Beach real estate often sells for between $600,000 and $1,400,000.
These are just some lakefront locations in Indiana. Watch out as we list down the All-Sports Lakes in Northwest Indiana.
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All sellers have in mind just one thing - how to sell their home at the highest possible price. We are not the only ones trying to sell Indianapolis homes. Each neighborhood has several houses for sale like the one we do. Competition is not always a bad thing, especially if it is healthy.
Let’s do a walk-through…
Take a pen and paper and go outside of the house. Write down everything that you would like to change in your garden. Old baskets should be replaced, chairs repainted and some sprinkles fixed. Take a walk through your home and try to notice all the things that you would otherwise notice if this is your first time visiting this place. We all get used to our living environment, so we no longer see old, rusty, broken things around us that will decrease the overall value of the property even if those things are not going to be sold with the house itself.
To make sure that you are 100% ready before selling your property, here are detailed steps you can consider for a successful home-selling transaction.
When opting to sell your house quickly while you're in the process of moving, the first thing you should do is research the current real estate market. You have an edge because of this while interacting with buyers and agents. You'll also be able to appropriately adjust your expectations. As you look into it, keep the following in mind:
Cost: How much do comparable homes in your neighborhood sell for? When looking into comparable homes, take into account the neighborhood, the house's age and condition, and other features like restaurants, schools, and other facilities. By calculating the price per square foot of comparable homes that have previously sold, you may determine the worth of your own house.
Time On The Market: You must be aware of how long it typically takes for a house in your community to sell. The amount of time a house is posted for sale until it sells is referred to as its "time on the market." You can better plan for the date of your simultaneous move and sale if you are aware of the market time.
What Kind Of Market Is It In Your Area: Is it a seller's or a buyer's market? You have to know this because your sales strategy will be influenced by the market type. You would have the most advantages when selling your house in a seller's market. A seller's market may result from a high level of demand and little availability. However, more variables might also be involved. There will be less time on the market and higher housing prices in a seller's market. But there are benefits to a buyer's market as well, given that you are selling as well as moving. Sellers are more eager to sell when the market is in their favor. Additionally, you'll have more wiggle flexibility to bargain for a lower cost.
The next action you should take is to learn everything you can about your property. You can work out your house's price by working with a real estate agent. You will have an advantage with customers if you have hard data upfront. Additionally, since your agent won't need to do as much legwork, the sale of your home will proceed more quickly.
Having an appraisal of your home helps you determine a fair price for it. Pre-approved loan buyers will be fully aware of the price range they can afford. Thus, they will find this information to be quite beneficial. Furthermore, having an inspection completed will expedite the negotiation process because buyers—and you—will already be aware of all the issues with the property.
Knowing your purpose in selling your home will help you decide what you can live without during the selling and purchase process. While sharing this information with your realtor can help them better understand your unique requirements, you should not disclose this information to sellers when you are viewing homes for purchase. It's possible you won't receive the best bargain if they know what you can settle for.
Make sure the agent you choose is open to listening to you and comprehending what you are looking for. Go with someone knowledgeable about your community and the neighborhood you wish to move in.
Following your assessment, you ought to have a clear understanding of what needs to be fixed and what can wait. Additionally, your agent may assist you in determining which repairs, if any, will yield the best return on your investment. Find out from your agent which repairs will add the most value to the home and which, if skipped, won't have a significant impact on the sale price.
Repairs are an integral part of getting your home in Indianapolis ready for sale, and so are interior staging and landscaping. When staging, keep it simple and clutter-free. Anything overly imaginative or detailed could make it harder for your buyers to envision themselves living there; instead, provide them with a blank canvas! Also for unique areas, make sure your furniture is positioned to use every available space.
Being a wise home seller means:
The timing of selling your old house and purchasing a new one is the most difficult component. Although it is ideal for both closings to occur on the same day or within a few days of one another, this is certainly not always the case. For this reason, we suggest not signing on to your new home until after someone has signed to your previous one. From a financial standpoint, it makes more sense to book a hotel room for a few days or weeks rather than making two mortgage payments at once, etc. If there is no other means to own two residences at the same time, bridge financing is one alternative.
This might be a lot, especially when it’s your first time selling your home; however, as long as you are working with the right real estate agent, you can make the entire home-selling transaction easier and faster.
Contact us to learn how we can help put property on the market! Call us at 317-316-8224 today!
There are several important factors to consider when purchasing a new home. Whether you're looking for a place to start a family, a place where your family can grow, or a place to meet your needs as your children grow up and move on, you'll want to weigh your family's needs as well as your tastes and desires before making your home-buying choice.
The first consideration you'll want to take into account is the location of your new home. If you have children or will have children soon, you'll want to make sure that your home is located within the boundaries of the best school districts.
You'll also want to consider the proximity of your new home to places like parks, grocery stores, shopping, nightlife, your work, and any nearby family or friends.
A RE/MAX Advanced Realty agent can help you make sense of all the neighborhoods that you're considering and provide you with insider advice regarding which areas might be best suited to your family's needs.
Once you've got your neighborhood picked out, you'll want to find a home that's big enough for your family. You'll want to consider the lot size as well as the size of the actual house. A big yard is great both for having a place for your kids to play safely and to give you the extra space you might need to add an extension to your house if you'd like.
Whether you're looking for a cozy two-bedroom or a sprawling five-bedroom home, your real estate agent can help you find all of the perfect Indianapolis homes for sale that might be right for you.
When looking for a new home, choosing the appropriate price range is crucial since you might pass up the ideal property. Additionally, you don't want to waste time viewing properties that fall short of your requirements since they are beyond your price range.
Finding no home at all because the price range you selected was not right is the only thing worse than finding your ideal house and learning the seller won't budge on price.
You'll also want to be sure to choose a well-constructed house. If you have the time to renovate a fixer-upper home, you'll certainly be making a good investment. But if you're like most families, you'll want to choose a house that is safe, sturdy, and ready to meet all of the needs of your family.
Having an agent on your side when you make your purchase will give you the confidence of knowing that your future home has been properly inspected and that all the right questions have been asked before you make your final decision.
The resale value of a property is important when buying new or pre-owned for several reasons. First off, the value of a house with strong resale value will usually exceed the amount of your loan. As a result, your net worth rises and you can use the equity in your house to refinance into a better loan or take out more loans for improvements and remodels.
Second, if you experience financial difficulties and must sell your house, you're more likely to acquire a selling price that is higher than the loan amount if your property has a high resale value. This would enable you to settle the debt and have money left over to deal with other financial difficulties or buy a more reasonably priced home.
Finding the ideal house will be made easier if you have a firm understanding of each of these aspects. You can figure out all of your needs and what you can afford by working with a reliable real estate agent. In this manner, your search will be restricted to only the houses that best fit your requirements.
Looking for a home in Indianapolis for your family? Check out these properties near you. You may also call us at 317-316-8224 if you have questions on home buying or selling.
Are you in search of your dream home, one that offers luxury, comfort, and tranquility? Look no further than these exquisite properties, listed by our brokerage's agents, which epitomize upscale living. From stunning lakefront log homes to sprawling ranch estates, each of these residences promises a lifestyle of unparalleled sophistication and relaxation. Let's take a closer look at what makes each property unique:
Nestled on the shores of Lamb Lake, this beautiful log home exudes rustic charm and modern elegance. With over 100 feet of lakefront access and a boat dock just steps away, indulge in the serenity of lakeside living. The updated interior features hardwood flooring, a wood-burning fireplace, and a gourmet kitchen with quartz countertops and new appliances. With amenities like water-skiing, boating, and a private beach, every day feels like a retreat in this lakeside haven.
Listed by the Rob Campbell Team
Rob Campbell | 317-695-1315 | Joyce Campbell | 317-691-4627
Experience the best of country living in this stunning ranch estate situated on three manicured acres. The outdoor oasis boasts a heated saltwater pool, cabana, and spacious screened porch, perfect for enjoying the serene surroundings. Inside, the gourmet kitchen, spacious great room, and finished basement offer ample space for entertaining and relaxation. With updates including a new roof, HVAC system, and generator, this home combines luxury with peace of mind
Listed by the Rob Campbell Team
Rob Campbell | 317-695-1315 | Joyce Campbell | 317-691-4627
Welcome to modern elegance in the sought-after Rock Bridge neighborhood. This 5-bedroom home features a gourmet kitchen, great room with stone fireplace, and finished basement with theater equipment. Outside, the fenced backyard offers a pergola, hot tub, firepit, and lush landscaping, creating an idyllic setting for outdoor gatherings. With recent updates including a geothermal system and tankless water heater, this residence offers the perfect blend of luxury and functionality.
Listed by Ryan Hendren | (317) 985-4887
Escape to the tranquility of this custom-built log home nestled on nearly 16 wooded acres. From the soaring ceilings and stone fireplace to the wrap-around porch and screened gazebo, every detail exudes charm and elegance. With two master suites, a bonus room, and a spacious pole barn, this home offers endless possibilities for relaxation and recreation amidst nature's beauty.
Listed by Joy Hickman | (317) 414-0698
Embrace the charm of country living in this all-brick ranch nestled on nearly 5 acres. Custom features abound, from vaulted ceilings and gourmet kitchen to heated garages and storage barns. With ample space for a home-based business or automobile collection, this property offers the perfect blend of luxury and functionality.
Listed by Keith Turnbill | (317) 626-0800
Discover your own nature preserve in this secluded wooded retreat, just minutes from downtown Indianapolis. With spacious bedrooms, multiple living areas, and a screened porch overlooking the lush surroundings, this home offers the perfect blend of indoor and outdoor living. Recent updates including new flooring, HVAC system, and security features ensure comfort and peace of mind for years to come.
Listed by Dana Wright | (317) 200-9090
From lakeside retreats to sprawling estates, these luxury properties offer the perfect blend of elegance, comfort, and tranquility. Contact us today to schedule a private tour and experience the epitome of upscale living firsthand. Your dream home awaits!
In this day and age, it is quite rare for a person or family to have much control over when they move. Whether your growing family makes it so that you need more space or your job takes you to a new city, most people often have a window of a few months or at most, a year within when to move.
If life has made it so that you need to sell your house, or if you're one of those lucky few who has a bit more freedom in the choice, you're probably asking yourself if now is the right time to sell your Indianapolis home.
Prices are certainly lower than they were in years past, but that's not always a bad thing for people who are looking to sell. It may be that by selling your current Indianapolis home, you'll be able to upgrade to a bigger place or a nicer area without spending nearly as much as you would've had to in years past. This is also an ideal market for purchasing foreclosed homes, which can be bought for significantly less than their market value.
But, the question, however, is this: is NOW the best time to sell a house in Indiana?
When it comes to the best time to sell a home, it depends on your goals. For instance, are you going to put your property on the market for profit or sell it quickly?
The best time to list homes for sale in Indiana is in May, June, and July. In July 2023, the median selling price for homes was $258,600, which is expected to increase this 2024.
On average, homes stay on the market for 41-43 days during June and July. This makes it 10-15 days shorter than the rest of the month, making these months the best time to close a home sale.
However, there are people who have strict home-selling timelines, and these are usually the ones who have to relocate because of work location. Normally, they do this during November and December.
Properties listed at the beginning of the week, let's say Monday or Tuesday, often stay longer on the market.
If you want to improve your chances of selling your home quickly, list it on Thursday. This is the "pre-weekend" and they have time to look at online listings and plan their open homes tour.
As always, the best time to sell a home is during spring; however, if you want to sell it quicker and for a higher profit, it's recommended to list your property in late spring or early summer.
Putting your home on the market during these seasons is better because of the following reasons:
Winter, however, can still present a chance for a warmer climate home sale. Investing in a vacation home is the reason why buyers travel to Indiana.
When selling a home, here are the things you need to consider:
Work - Whether it's a better job offer or a current one requiring you to move into a new location, this might force you to sell your home in the market.
Neighborhood - Perhaps you're looking for a home closer to your kid's school or you want a safer school, this might call for a relocation.
Divorce - After a divorce, the ex-couple might decide to sell a home for practicality and perhaps, sentimental reasons. That said, moving to a home is not just an option but a decision to make.
Interest Rates - The demand for mortgages is increased by lower interest rates. This has an impact on the real estate market, which raises property prices.
Economy - The employment rate, GDP, manufacturing activity, cost of goods, and other economic variables all have an impact on the Indiana real estate market.
Government Policies - The government can introduce tax credits, subsidies, and deductions to establish a housing market that is advantageous temporarily.
Downgrading - You can sell your bigger home and move into a smaller one if you're trying to reduce your property taxes, homeowners insurance, and HOA dues.
Affordability - The affordability of buyers is influenced by the average mortgage rate. Make sure to find out ahead of time whether interest rates are rising or falling.
Equity For A New Home - You can sell your current house when the equity has grown to the point where an adequate down payment is required.
Want to know more about Indiana's real estate market?
To learn more about the current housing market and find out how your home would fare compared to other Indianapolis homes for sale right now, talk to us today so we can assist you with your concerns.
By working with an agent at RE/MAX Advanced Realty, you can be sure that regardless of market conditions, your home sale will be handled professionally and as quickly as possible. A RE/MAX realtor can also help you find your next home, wherever you may be looking.
8313 W. 10th St
Indianapolis IN 46234
dennis@indyhomepros.com
317-316-8224