As we move into August, it’s a great time to look back and analyze the real estate trends from July. The summer months have provided us with valuable insights into the Indiana housing market, revealing patterns that could influence your real estate decisions. Whether you’re planning to buy, sell, or simply keep an eye on the market, here’s a snapshot of how key Indiana counties performed in July, offering valuable insights into the trends that shaped the market last month.
Comparison Note: Percent change comparisons reflect results from June 2024 to July 2024 for the prior month, and from July 2023 to July 2024 for the prior year. Data provided by MIBOR Listing Cooperative, compiled on August 11, 2024.
Bartholomew County
In Bartholomew County, the median sales price has dipped to $254,900, marking a notable decline of 8.6% from last month and 9.3% from last year. This drop in prices might suggest a cooling market, but it's worth noting that the number of units sold has increased significantly by 33.7% compared to the previous month. This rise in sales could indicate that despite lower prices, buyers are actively seizing opportunities. The inventory levels remain stable with 157 active listings, while new listings have slightly decreased, down 8.9% from the prior month.
Boone County is seeing a more complex picture. The median sales price of $394,000 represents a decrease of 7.3% from last month, though it’s only a slight drop of 2.5% year-over-year. The number of units sold has seen a 6.8% increase from last month, which might suggest that despite falling prices, the market remains dynamic and active. However, with new listings falling by 12.6%, the active inventory of 157 homes has slightly decreased. The consistent median days on market of 13 days may indicate that well-priced homes are still attracting buyers relatively quickly.
Brown County
Brown County is experiencing a significant drop in median sales prices, down 13.9% to $309,999. Despite this, units sold have increased by 21.1%, showing a positive trend in sales activity. The rising inventory levels, up 16.1%, might be contributing to this price reduction, providing buyers with more choices. The median days on market have decreased substantially, suggesting a faster-moving market despite the drop in prices.
Decatur County
Decatur County presents a different scenario with a dramatic 20.2% drop in median sales price to $210,000. However, the number of units sold has increased by 31.6%, which could indicate that lower prices are driving higher sales volumes. Inventory levels are down slightly, and with a decrease in new listings, the market might be adjusting to these price changes. The reduced median days on market to 11 days shows that homes are selling quicker in this lower-price bracket.
Hamilton County
Hamilton County’s market shows resilience with a median sales price of $464,950, up 3.0% from last month. The number of units sold has decreased slightly by 1.3%, but the increase in active inventory and new listings suggests a more balanced market. The median days on market have increased significantly to 11 days, which could be a sign that higher-priced homes are taking a bit longer to sell, possibly due to the higher inventory levels.
Hancock County
Hancock County is seeing a modest increase in median sales price to $326,750, up 1.3% from last month. Sales activity is strong with a 31.0% increase in units sold, indicating a vibrant market. Despite a slight decrease in new listings, the median days on market is stable, suggesting a healthy demand for homes in this area.
Hendricks County
In Hendricks County, the median sales price has remained relatively stable at $349,240, with a slight 0.2% decrease from last month. Sales have slightly decreased by 7.6%, yet the inventory remains manageable with a slight decrease in new listings. The increase in median days on market indicates that while homes are still selling, they may be taking a bit longer to find the right buyer.
Jackson County has experienced a 4.3% drop in median sales price to $225,000. Despite this, sales activity has increased by 7.9%, and the median days on market have decreased significantly. This suggests that lower prices might be stimulating buyer interest and quicker sales.
Jennings County
Jennings County’s median sales price has remained steady at $212,000, with no change from the previous month. However, the number of units sold has decreased, suggesting a potential softening in demand. The increase in active inventory and median days on market might indicate a shift toward a more buyer-friendly market.
Johnson County
Johnson County’s market shows a decrease in median sales price to $307,998, down 9.4% from last month. Despite this, sales activity remains strong with a decrease in median days on market, indicating that homes are still selling relatively quickly. New listings have slightly increased, suggesting a steady flow of new properties coming onto the market.
Madison County
Madison County is experiencing a strong market with a 36.4% increase in median sales price to $225,000. The number of units sold has also increased significantly, suggesting high buyer demand. The stable median days on market indicates that homes are selling at a consistent pace despite the rising prices.
Marion County
Marion County’s median sales price is $259,000, showing a slight decrease from last month but an increase from last year. The large number of units sold and the increase in active inventory suggest a robust and active market. The decrease in median days on market to 12 days indicates that homes are selling relatively quickly in this large and diverse market.
Montgomery County
Montgomery County shows a significant decrease in median sales price to $177,500, down 12.6%. Despite this, the number of units sold has increased, suggesting that lower prices are attracting more buyers. The decrease in median days on market indicates that homes are selling faster, likely due to the more attractive pricing.
Morgan County
Morgan County has seen a decrease in median sales price to $313,750, down 3.5%. However, sales activity remains strong, and the decrease in median days on market suggests a quick turnover for homes in this area. The increase in active inventory and new listings may offer more options for buyers.
Putnam County
In Putnam County, the median sales price has increased slightly to $259,000. However, the significant decrease in new listings and increase in active inventory suggest a market adjusting to changes. The longer median days on market may indicate that homes are taking a bit longer to sell.
Shelby County
Shelby County has seen an increase in median sales price to $272,500, with a 6.9% rise from last month. Despite a slight decrease in the number of units sold, the increase in median days on market suggests that while prices are rising, homes are taking longer to sell.
As you consider these insights, remember that local market conditions can vary widely. If you’re thinking about buying or selling, it’s always a good idea to consult with a local real estate expert who can provide personalized advice based on your specific needs and goals. Reach out to Indy’s leading brokerage, RE/MAX Advanced Realty, at 317-298-0961 (West Office) and 317-881-3700 (Greenwood Office) to connect with experienced professionals who can help you navigate the current market trends and make informed decisions.
Indianapolis, the capital of the Hoosier state, is a dynamic city full of enjoyable surprises and one of the Midwest's most underappreciated travel destinations. With its stunning artwork, mouthwatering cuisine (don't miss the Indianapolis City Market), extensive history, and varied entertainment choices, the "Circle City" offers something exciting for every kind of traveler.
Discover the city's pulse through our curated guide to the best things to do in Indianapolis, Indiana, from iconic landmarks to hidden gems.
Whether you’re on a vacation or you just want to explore this beautiful city even more, here are activities, places, and many more you can add to your bucket list in Indianapolis.
1. Visit Monument Circle To See The Buzz
The limestone memorial is the city's focal point, hosting local food trucks and sunset light performances from its observation deck overlooking a traffic circle.
2. Families Should Visit The Indianapolis Children's Museum
Visit the Dinosaur Park, experience water, Dale Chihuly's Fireworks of Glass, and Riley Children's Health Sports Legends Experience. Don’t forget to see the Treasures of the Earth to learn about geology or watch a live, hilarious, informative theatrical presentation.
3. Ride The Indianapolis Cultural Trail
You may rent or ride a bike on Indy's Cultural Trail, an eight-mile paved path that passes some of the city's most famous sites. This tourist itinerary through six unique areas will highlight your trip whether you prefer art galleries, parks, monuments, museums, or gardens.
4. Discover Indiana's Rich History At The Indiana State Museum
Because of its popularity, the Indiana State Museum moved from Indianapolis City Hall to White River State Park. Its three floors exhibit ancient, contemporary, and natural science displays.
5. Visit The Indianapolis Zoo And Meet Some Wonderful Animals
Over 3,800 beautiful animals draw over a million visitors to White River State Park in Indianapolis. The Indianapolis Zoo transports you to childhood with its water lily pond, tranquil walks, and trainer shows.
6. Check Out The Museum At Indianapolis Motor Speedway
Fast-and-furious fans must visit the Indianapolis Motor Speedway Museum, the racing capital. The 2.5-mile oval track museum displays hundreds of late 1800s cars, motorcycles, engines, and artifacts on two floors.
7. Embrace The Fast Lane With An Indianapolis Motor Speedway Experience
After studying racing history, it's time to experience driving an open-wheel chassis Indycar. Race around the Oval or other city circuits at 180 mph on race day weekends and hold on.
8. Go To A Candlelight Concert For An Unforgettable Musical Experience
Book tickets to a fantastic Candlelit Concert to enter one of Indianapolis' top music venues and be dazzled by thousands of candles as the music engages the audience. Enjoy this date even if you're not traveling with your partner.
9. Visit The Lilly House And Gardens To Go Back In Time
Antique furnishings, classic artworks, and Victorian decor complement the majestic exterior of this French chateau-style early 20th-century country residence. To learn about living 100 years ago, join a guided tour of the meticulously restored Lilly House, a National Historic Landmark.
10. Visit The Kurt Vonnegut Museum And Library To Learn About A Fantastic Writer
Near the Canal Walk, this overlooked site examines the life, work, and times of one of America's best satirical novelists. Even if you're not a fan, an expert-led tour of the Kurt Vonnegut Museum and Library is the most excellent way to see its fascinating souvenirs and personal artifacts.
© my-indiana-home.com/indiana/discover-indianapolis-kurt-vonnegut-museum-and-library/
11. Visit The Indiana War Memorial To Pay Your Respects
The 1924 Indiana War Memorial Museum and Shrine honors World War I veterans and is another Downtown Indianapolis must-see. The Monument's 30,000-square-foot museum displays Revolutionary War military artifacts.
12. Discover The Thrill Of Sky Zone Trampoline Park
Hop around in the Freestyle Jump section as an adult to unwind. There are activities for everyone in your party, whether you'll be spending time with friends or family.
13. Explore The Arts At The Indianapolis Art Center
For over 100 years, this neighborhood gallery has collected the best modern and contemporary art and hosted seminars, workshops, and events. Check out the sculpture garden or a quiet cafe for lunch while seeing these pieces.
14. Challenge Yourself With Ax-Throwing
Like darts or bowling, Bad Axe Throwing Indy teaches hatchet throwing at wooden targets in a safe and fun environment. Safety-focused instructors can teach and organize competitive activities for a fun day with friends or a quirky date night. After reaching the bullseye, you can enjoy wines and refreshments.
15. The Natural Valley Ranch Is The Place To Saddle Up
Natural Valley Ranch in Hendricks County, a short drive from Indianapolis, includes different equestrian riding paths and a campground for city escapes. Summer offers guided woodland rides, first-timer teaching, White Lick Creek trots, and birthday celebrations.
16. Play And Fun Roller Skating
The Fun Factory is a beautiful destination for skating with friends, reliving nostalgia, and letting youngsters run off energy on one of their numerous themed nights. Arcade games, pizza nights, and skating lessons are available in addition to all-ages skating.
17. Explore Every Corner Of The Indianapolis Museum Of Art
Indianapolis Museum of Art has hosted unique exhibitions since 1883, delighting local art fans. Egyptian mummies, impressionist works, and the surrounding gardens can be explored for days by yourself or a guide.
18. Visit The Indiana Farmers Coliseum For Many Events And Sporting Contests
Sports, livestock, music, vehicle exhibits, and more are held at the Indiana Farmers Coliseum on the Indiana State Fairgrounds. Events await you whether you're traveling with friends or family.
19. Take A Stroll Beside The Central Canal
Central Canal runs through Downtown Indy and to the north, making it a popular workout and people-watching spot. The canal's view of downtown Indianapolis, the romantic sunset walk, and the many charming boutiques and restaurants off the main route make it a must-see for a late afternoon promenade.
20. Discover The Thrill Of Dragster Driving
Visit Lucas Oil Raceway to test your 2-seated Dragsters at over 140 mph. You'll have lifelong memories whether you choose the passenger or driver package or the 1/4 mile runs.
21. See Western Art And American Indian Art At The Eiteljorg Museum
This distinctive downtown Indianapolis museum showcases Native American paintings, sculptures, and jewelry on Washington Street near Military Park. The award-winning Eiteljorg Museum of American Indians and Western Art has something for everyone, from small children who love vibrant fine art to history lovers who love American forefathers' exciting stories.
22. Go Around Curves At K1 Speed
All go-kart fans can enjoy K-Speed Indy's indoor racing. With racing memorabilia, comfortable couches, and lots of food and drink, this venue is the most accessible place to get behind the wheel and the perfect place to bring friends and family for a day of high-speed fun. Go-karts can reach speeds over 45 mph.
23. Experience A Thrilling Journey In A Hot Air Balloon
You'll experience Monument Circle and Eagle Creek Park in a new light as you soar over the city skyline, the perfect mix of thrills and leisure. It may be hard to wake up before sundown, but as you fly across the sky and the urban environment turns into rolling fields and forests, you'll be glad you did.
© indyschild.com/indiana-hot-air-balloon-festivals/
24. Enjoy A Game Of Bowling
Bowling is a fun indoor sport for rainy days or hanging out with friends. With hundreds of lanes across the city, arcade games, and retro soundtracks, this iconic American sport offers limitless fun. Action Duckpin Bowl at Fountain Square has eight old-school duckpin lanes and a large restaurant.
25. View Outdated Treatments At The Indiana Medical History Museum
The Indiana Medical History Museum has some of the most bizarre medical artifacts and a crazy history. Autopsy tables, iron lungs, and chemical laboratory equipment are among the 15,000 exhibits about psychiatric care in this exhibition, and if that’s not enough to convince you to visit this place, we don’t know what else will.
26. Greatimes Family Fun Park Is A Must-See
On sunny days in Indianapolis, take kids to Greatimes Family Fun Park 15 minutes down I-65 from Downtown Indianapolis. This amusement park has bumper cars, go-karts, mini-golf, arcade games, and a large restaurant.
27. Make A Raucous At Lucas Oil Stadium
Downtown Indy's Lucas Oil Stadium is home to the Indianapolis Colts and a popular performance venue. Some of the nation's top football venues are in Indiana. Guided tours of the sport and stadium year-round and sell-out audiences draw many fans every match day.
28. Best Venues Serving The Best Live Music
If you want bands ranging from country to indie rock, check out the Emerson Theater's main stage performances. Visit Hi-Fi for a quiet musical evening, regardless of the style of music. If you want dance parties, burlesque performances, and live music, the Vogue Theatre is the place to go!
Other venues to check out include:
29. Visit Royal Pin To Play Laser Tag
Royal Pin sports ten pin lanes and a multi-level, black-lit Pirate's Quest Laser Tag. Two hours of competitive fun is accessible wherever you stay, with arcades, birthday parties, bookable corporate events, and three sites in Woodville, Western, Castlewood, and Beech Grove.
30. Ride the Indiana State Fair Midway Ferris Wheel
Usually running from July to late August, thrill-seeking families and individuals can visit the Indiana State Fair Midway near The Track of Champions from late July to late August. This famous fairground has amused travelers with over 100 rides on 11 acres, including roller coasters and Ferris wheels, since the mid-1800s. It's renowned for deep-fried food, carnival games, candy apples, and more.
31. Explore All Newfields Attractions
Newfields is "a place for nature and the arts," and Winterlights is a great place to stroll. Indianapolis has a beer garden, the Indianapolis Museum of Art, Lily House, Fairbanks Park, and numerous well-kept gardens.
32. Visit Victory Field To See A Baseball Game
The Indianapolis Indians play at Victory Field, a local landmark. West of downtown, White River State Park is accessible, a short walk from the canal, and usually entertaining.
33. Treat Yourself To A Spa Day
At Europe Day Spa, music and fragrance instantly relax clients for a 60-minute oil massage, exfoliating facial, or Sweden massage. Transformations Salon and Spa have the greatest facials, hair treatments, and European manicures. Give yourself a makeover to appear your best.
34. Zip Line At Go Ape
Eagle Creek Park's Go Ape high-ropes course, zip lines, swings, and obstacles 40 feet up in the deep woodland canopy are excellent for testing your boundaries.
© www.goape.com/go-ape-coming-to-arlington/
35. Escape To Eagle Creek Park And Nature Preserve
You can do more than Escape at Eagle Creek Park and Nature Preserve. Its 3,900 acres of lush woodlands make it one of the nation's largest city parks for animal viewing. Enjoy Rick's Boatyard Café after visiting the pool, dog park, golf course, and sailing club.
36. Experience The Thrill Of An NBA Game At Gainbridge Fieldhouse
Indy's family-friendly sports arenas are undiscovered gems. Well-deservedly, the Fieldhouse in Indianapolis' most famous building is the Pacers' home court. The 20,000-seat venue roars with Pacers yells and A-list musicians.
37. Discover Local History At The Indiana Historical Society
Discover Holocaust survivors, notable figures, and Indiana's role in shaping the nation at the Indiana Historical Society in the afternoon. Explore social services, women in Indiana, and Indianapolis' history.
38. Set Out For A Game Of Golf
Golf courses are within driving distance of most Indianapolis locations, offering plenty of beautiful fairways. Get your clubs and head to one of the city's top-class courses, such as The Brickyard Crossing, which overlooks Indy's racetrack, Highland Park Golf Course, Greenwood Hills, Maplewood, or South Grove.
39. Drumming At Rhythm! Discovery Center
As the world's largest interactive drum and percussion exhibit, Rhythm! Discovery Center guarantees family fun. With a few friendly educational sessions to augment the hands-on exhibits and musical instrument displays Downtown, you'll be banging and tapping away in no time.
40. Drive To historic Conner Prairie
The beloved Living History Museum in Indianapolis, Conner Prairie, is only 40 minutes away by vehicle in picturesque Hamilton County. There's always something going on there. This 800-acre National Historic Landmark has the William Conner residence, Indian campgrounds, a corn maze, and a petting zoo.
41. Scavenger Hunt Around Town
A fun method to discover the city and many hidden gems that other tourists overlook is through scavenger hunts. They check off Indianapolis's attractions, raise your heart rate, and put your problem-solving abilities to the test. By deciphering hints and puzzles on your phone, you can find photo ops, interesting competitions, and local knowledge.
42. Shiver During An Indiana Ghost Walk
If you like ghosts and scary stories, visit one of Indianapolis' ghost walks to explore the city's dark side. With many weekly tours available, visitors can explore the ghostly past at their leisure, from the Allison Mansion and Central State Hospital to the Indianapolis Athletic Club.
43. Annual Indiana State Fair Monster Truck Show
At the August Indiana State Fair, witness the best monster trucks. These gigantic animals dominate the dirt with roaring motors, shredding tires, and mud-flying. The adrenaline rush at a monster truck exhibition is tremendous, whether it's your first or fifth.
44. Visit Holliday Park
The trees, paths, and wildlife of Holliday Park make it a great place to wander on a warm afternoon. Visitors to this urban park on the White River enjoy its 95 acres of wooded walks, child-friendly playgrounds, and 13,000-square-foot Nature Center year-round. The 19th-century ruins draw history buffs and photographers year-round, but the fall hues are stunning.
© polis.indianapolis.iu.edu/holliday-park/
45. Go To The Catacombs
An exclusive underground tour of this historic high-trafficked path, now a maze of tunnels and chambers accessible from Market and Delaware streets' northeast corner, reveals the city's hidden mysteries. In the late 1880s, catacombs were used to convey and store items from the above market before being abandoned.
46. Enjoy One Of The Area's Many Waterparks
Freedom Springs Water Park in Greenwood offers a lazy river, three water slides, and a kiddie play zone. Slides, an obstacle course, an adults-only hot tub, and a water playground are at Big Splash Adventure Water Park & Hotel. Splashin' Safari Water Park at Holiday World offers roller coasters and a wave pool, while Kokomo Beach Family Aquatic Center is a local favorite.
47. Discover College Spirit At The NCAA Hall Of Champions
America loves college sports, and White River State Park is the most fantastic place to learn about All 24. You may witness the tremendous tales and artifacts that made these universities and colleges renowned. Famous collegiate sports teams, players, mascots, and more are displayed in the Hall.
48. Visit Indianapolis City Market For Food And Souvenirs
In Indianapolis City Market, you can grab a beer and enjoy live music, shop for fresh meats and soaps from local artisans, buy flowers, or try international cuisine from food stands. Friendly locals lead group tours of this historic monument, teaching visitors about the Market's rich history and revealing hidden jewels.
49. Get A New Craft With GRT Glass Design
GRT Glass Design makes functional and beautiful hand-blown glass art. They offer workshops for all ages and experience levels to participate in the process, not just a gallery and workshop. You may always examine their unique finished creations at the on-site shop.
50. Booking A Beef & Boards Dinner Theatre Table
At Beef & Boards Dinner Theatre, you may enjoy comedy, drama, and more. Try Broadway classics like Kinky Boots, Phantom of the Opera, or holiday shows like It's A Beef & Boards Christmas.
51. Attend Ruoff Music Center Concerts
Ruoff Music Center, a 6,000-seat theater, attracts residents and celebrities in country, rock, pop, and R&B music. Locals prefer lawn seating for theater shows for many reasons, including the significant price drop and more room to dance and leap to your favorite songs.
52. Eat At Harry And Izzy's Steakhouse
Harry and Izzy's Steakhouse has three locations and a rotating menu. Its 1930s speakeasy vibe makes every visit a delicious new experience. The restaurant serves fresh food in every dish, including fried ravioli, sliders, creme brûlée, and a delightful steak menu.
53. Wine-Taste To Get Buzzed
Visitors may not know that Indiana has over 30 wineries, but residents are glad to tell them. Vet-owned B Legendary Wine Boutique and Peace Water Winery are popular. Try Urban Vines Winery & Brewery for tastings of their best, organic, and award-winning wines. Easley Winery offers white, sparkling, and rose wines. Buck Creek Winery is an award-winning winery.
These are just some of the weirdest, craziest, yet most exciting things you can do at the beautiful Indianapolis. Feel free to share with us if you’ve done any of these or if you have other recommended places we can add to this list.
In Indiana, there is one city where the population is growing faster than the others. Can you figure out which one it is?
In this post, we'll talk about not one, not two, but 10 cities in Indiana that are rapidly growing. This will help you choose which places to consider if you move to the Hoosier State.
The history of "The Hoosier State" is primarily associated with farming, motor racing, and basketball. This state is home to about 6.7 million people, so you might end up joining the crowd. We can help if you are having trouble deciding which city to call home.
1. Westfield, Indiana
First on our list is Indianapolis' northernmost suburb, Westfield, IN. There are currently 50,650 people living in the city, a 28% growth from 2017.
The number of wonderful parks in Westfield, such as Quaker Park, Macgregor Park, and Asa Bales Park, is only one of the numerous reasons why people are relocating there. Locals can also discover a wide variety of eateries in the city, such as The Mill Tavern, Grindstone on the Monon, and The Italian House on Park.
2. Noblesville In Indiana
The second-fastest-growing city in Indiana is Noblesville. Its population increased by 15%, reaching a current estimate of 70,950.
Noblesville, Indiana is renowned for its numerous parks and trails, antique stores, and historic downtown. The Noblesville Farmers Market and the Noblesville Street Fair are two of the city's yearly festivities.
Noblesville offers a variety of exciting activities, including sports at Dr. James A. Dillon Park and Finch Creek Park, dining at Chuy's, Aspen Creek Grill, and Grindstone Public House, and attending concerts at Ruoff Music Center.
3. Greenwood In Indiana
The charming downtown area and spacious, historic residences in Greenwood, IN are its most notable features. Its population has increased by 13% to approximately 64,950.
Try something to eat at one of the neighborhood's favorite spots, The Yard Cafe, Valhalla Sandwiches, or Baranof Restaurant, to get a taste of what it's like to live in Greenwood.
After that, you can take a leisurely stroll through one of the many parks, such as Old City Park. And finally, do not miss a performance at the Greenwood Performing Arts Center.
4. Fishers In Indiana
Ranking fourth on our list of Indiana cities with the quickest rate of growth in Fishers, IN.
Fishers is a thriving, growing city that has won awards for entrepreneurship and livability across the country. The population of the city increased by 10% to approximately 101,200 people today.
Living in Fishers offers a plethora of fantastic things to do, including visiting Roy G. Holland Memorial Park, Billericay Park, and Cumberland Park, or stopping by Paterson's, Sahm's Restaurant, or City Barbeque for a quick bite.
5. Columbus In Indiana
Are you considering relocating to Columbus? The city is mostly renowned for its distinctive architecture, which consists of thousands of architectural treasures dispersed throughout the entire area. Columbus now has about 50,600 people living there, a 7% rise in population. It's among the more reasonably priced areas of Indiana to call home.
Searching for things to do in Columbus? Try jogging at Freedom Field, Mill Race Park, and Clifty Park; viewing art at the Atterbury Bakalar Air Museum; attending a performance at the Mishawaka or Midway Tavern; or indulging in delectable cuisine at Amazing Joe's Grill, Taku Stead House, and Henry Social Club.
6. Jeffersonville In Indiana
Ranking sixth, Jeffersonville, IN is mostly recognized for its picturesque Ohio River vistas and close proximity to Louisville, KY. The city's population of approximately 50,300 has increased by 6% in the past year.
There are many interesting things to do in Jeffersonville, like having a picnic in Bob Hedge Park, Warder Park, or Chapel Lake Park, seeing a performance at Jeffersonville Riverstage, or dining at one of the neighborhood's eateries, The Red Yeti, Pearl Street Taphouse, or Parlour.
7. Mishawaka In Indiana
Are you considering moving to Mishawaka, Indiana? The city's riverfront parks, growing downtown, and frequent events are its most notable features. It is where the famous University of Notre Dame is also located. Mishawaka now has 51,100 residents, a 4% increase.
You might be wondering what living in Mishawaka, IN is like. There are plenty of things to do, like dining at Doc Pierce's Restaurant, Evil Czech Brewery and Public House, and Papa Vinos Italian Kitchen, or just lounging around Battell Park, Central Park, and Merrifield Park.
8. Carmel In Indiana
Located at number eight on our list, Carmel, IN is most recognized for its abundance of roundabouts. Since the 1990s, the city has been installing roundabouts, and as of right now, Carmel has more than 100. Its population, which is currently estimated to be around 100,800, increased by 3%.
Check out one of the many fantastic parks in Carmel, Indiana, including Flowing Well Park, Founders Park, and Carey Grove Park, as well as places like The Center for the Performing Arts, Booth Tarkington Civic Theatre, and The Cat, if you're wondering what to do there. For a taste of everything the city has to offer, don't miss a visit to some of the local favorites, Charleston's Restaurant, Muldoon's on Main, and Bub's Burgers & Ice Cream. See the Museum of Miniature Houses and Other Collections after that. Living in Carmel offers something for everyone.
9. Kokomo In Indiana
Kokomo, sometimes known as the "City of Firsts," was the first American city to employ rolling mill technology to create steel and to install electric street lights. It is Indiana's ninth-fastest-growing city. The city now has 59,700 residents, representing a 3.17% increase.
Are you curious about life in Kokomo? Well, there are plenty of enjoyable things to explore. Jackson Morrow Park, Foster Park, and Highland Park are good places to enjoy the outdoors. Windmill Grill, Half Moon Restaurant & Brewery, and Choo Choo McGoo's are great places to try if you enjoy dining out. Make sure to visit The Kokomo Country Palace and Seiberling Mansion if you're looking to explore the local arts and entertainment scene
10. Elkhart In Indiana
Elkhart, Indiana, which has a long history in the RV and musical instrument manufacturing industries, comes in at number 10. To reach its current population of around 54,000, there was a 3.01% population decrease.
There are plenty of things to do in Elkhart, like visiting museums like the National New York Central Railroad Museum and the Hall of Heroes Superhero Museum and strolling through parks like Studebaker Park and Island Park. Take a look at Chubby Trout, The Vine, and Cappy's Northside Tavern and Restaurant for some of Elkhart's best cuisine. You can see a performance at Five Star Dive Bar and The Lerner Theatre later on.
Many cities in Indiana are growing, each with its charm and attractions. The city listed in Indiana above has growing populations, vibrant cultures, and many recreational options. A rich history and modern amenities draw inhabitants to Indiana's various communities.
If you want to know which cities in Indiana suit your needs and preferences, our team at RE/MAX Advanced Realty is here to help you!
Send us a message or leave a comment below to get started.
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.
© www.lakehouse.com/fish-lake-lagrange-county-indiana-lake-homes-for-sale-b5765.html
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.
(c) valpolakes.org/our-lakes/
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.
© www.youtube.com/watch?app=desktop&v=NH1po0vfyYE
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.
© www.southbendtribune.com/story/sports/2019/05/18/hudson-lake-soon-to-get-a-public-boat-launch/46365729/
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.
© nadinephilips.com/shorewoodforest
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.
© www.tripadvisor.com/Tourism-g36996-Cedar_Lake_Indiana-Vacations.html
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.
© www.yelp.com/city/lake-dalecarlia-in-us
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.
© www.pinterest.ph/pin/266979084129903956/
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.
© www.city-data.com/picfilesc/picc4339.php
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.
© www.britannica.com/place/Lake-Michigan
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.
© www.realcedar.com/blog/project-of-the-week-long-beach-residence/
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.
© www.chicagotribune.com/2024/01/14/historic-beach-home-in-beverly-shores-on-market-for-25-million/
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.
© www.atproperties.com/398806/5-shore-drive-ogden-dunes-indiana-46368-nwi
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.
© www.visitmillerbeachgary.com/find-us
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!
8313 W. 10th St
Indianapolis IN 46234
dennis@indyhomepros.com
317-316-8224