Indianapolis/Fishers Real Estate

Each month, I am going to highlight my top foreclosure and short sale picks for Fishers homes under $200,000.  With interest rates low and many homes still on the market; it is a uniquely great time to buy.  Keep in mind; these types of homes do require the patience of Job!

These are the five Fishers homes for April:

12849 Longleaf in Sterling Green is listed at $114,000 which is $84/sq ft compared to other homes on the market in that neighborhood at $105 as an average per square foot.  The average for homes that have pended or sold in the last six months is right at $96/sq ft.  If I look at the solds for short sales I see the prices much lower; two such homes sold for $95,000 and $103,000 recently.  This homes is 1,352 sq ft with three bedrooms.  It went on the market January 1st. 

12924 Sweet Briar Parkway in Sweet Briar is listed at $129,900 which is $91/sq ft and compares somewhat similarily to other homes in the neighborhood.  This one would only be a “deal” if you were to get it at a substantially lower price.  However, there are very few ranches in this Fishers neighborhood so you would own one of the least expensive homes and benefit the most from appreciation in Sweet Briar.  It is listed in “great condition” so if you want a “fixer upper” this one isn’t the one for you.  But if you are looking for a home to buy to “rent”; this is a great choice.

6103 White Birch in Eller Commons is listed at $130,000 which is $84/sq ft compared to other homes that have sold in Eller Commons at over $100/sq ft.  It is the “best deal” in Fishers Real Estate out there at this time at this price point.  This is a 1,540 sq ft ranch with three bedrooms and a sunroom!

My last two picks are in Foxrun and Gatewood; email me at cindymarchant@comcast.net to get the scoop on those last two as well as any other homes you have interest in!

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 Cindy “in Indy” Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
317-290-7775