1833 Limehouse Street-$1,377,000- Village of West Clay- Carmel, IN 46032

Exterior elevation 1833 Limehouse Street

Drastic Price reduction as of  March 1, 2011.  Previous price was $1,599,000. Now $1,377,000! Act fast to take advantange of this great price!!

Dramatic and impressionable both inside and out! Everything you could ask for is in this 6 bedroom, 5.5 bath, 9,624 sq.ft. home.

Special features include: radiant heated floors, granite throughout including floors, automated LUTRON lighting, imported tile work & hardware, distributed sound, 3 high efficiency Trane HVAC including humidifiers/ electronic air filters, theater room wired for 7:1, lowering light fixtures for cleaning/ bulb changing, elegant master, bath & closet with great built ins. 5 fireplaces. Butlers pantry as 2nd kitchen. Central Vacuum system with 3 toe-kicks.  Over-sized 4 car garage.

2045 Rhettsbury Street – Village of West Clay Cottage $279,900

2045 Rhettsbury for sale or lease $279,900/$2,300

This home has been LEASED for $2,200 as of 10/7/11 for an 18 month term.

This Village of  West Clay Cottage faces the promenade.  Spacious floor plan includes Kitchen, Breakfast room, Combination Dining and Great room with gas Fireplace.

Kitchen

Kitchen features white cabinetry with center Island and stainless steel appliances including Gas range.

Hardwood floors throughout main level.

Basement boast built-in desk & cabinetry by Innovative Closets.

Basement with custom cabinetry and desk

12909 Queens Troop Close – Village of West Clay – $735,000

Sold as of August 2010.

12909 Queens Troop Close, is elegant and meticulous.  This truly custom home was built in 2005, by Will Wright.  It is located in the popular Carmel Neighborhood; the Village of West Clay. Asking price is $735,000.

Formal and Casual spaces make for the perfect floor plan.  10 ft ceilings, 8 ft doors and hardwoods throughout the main level create a spacious and airy feel.  The home is filed with natural light and has numerous windows.

The Master is on the  Main level and includes spacious bath, walk in closet, double vanities, ceramic tile, granite counters, and an extra deep whirlpool tub.  Shower glass has special Agalite coating which prevents water spots.

12461 Meeting House Road – $995,000 or for lease $5,500

Dutch Colonial - $1,199,000

HOME IS SOLD as of  March 11, 2010.

Dutch Colonial designed by Architect, Gary Nance. Over 8,000 sq. ft. of quality. Reclaimed hardwood Floors on main level, commercial grade kitchen. 1st floor master suite w/marble vanaties.

Open Floor plan includes Hearth Rm, Kitchen, casual dining area for ease of entertaining plus formal Dining & Living Rooms. 3 bedrooms + a Loft & bonus rooms upstairs.

Theatre Room

Phenominal Lower Level w/ billards area, wet bar, theater room,rec room & full bath. Rear patio overlooks common area as does the front of home.

2009 Year End Home Sales Results for the State of Indiana

Indiana home sales and prices ended 2009 on a positive note, which may signal that the state’s housing market is poised to rebound in 2010.

According to figures released Monday by the Indiana Association of Realtors, home sales statewide rose 4.1 percent in December compared with the same month in 2008, while the median price of a house in Indiana climbed 11.2 percent during the same time frame.

That marks the third straight month home sales have increased, and the second consecutive month median prices have risen.

12750 Bird Cage Walk – $2,795,000

English Regency City Home

Elegant English Regency City Home in the prestigious Village of West Clay. Authentically appointed throughout. Fabulous home for entertaining.

Custom Kitchen  by WoodMode with top of the line appliances including Wolfe range and refrigerator drawers in island.  Open to Breakfast nook and Family room.  Main level also provides his and her offices.

Elevator to upper levels which include 2 guest suites, Formal Dining & Living rooms with catering kitchen & dumwaiter.

Formal library

Also a formal library on 2nd floor opens to terrace with pond view. 3rd floor has 2 master suites, spacious lounge with snack bar.

Low Appraisals

New obstacle facing Seller’s is the Appraisal!  As if the Seller, in a Buyer’s Market, does not have enough challenges; we are finding a trend that cannot be ignored.  Appraisals are coming in below the negotiated sales price and throwing a wrench into the transaction at the last minute.
This year I had a home that was under contract for $440,000. The Seller felt they had given the home away at this price and was feeling that at least it would be over soon. However, when the appraisal came back at only $400,000 we were shocked.   The Lender was not going to loan any more than the appraised value.  So, now what do we do? Let the deal fall apart?
The solution in this situation was for the Seller to reduce the price another $20,000 and the buyer to bring an extra $20,000 to closing. The Seller felt they were held hostage at gun point and I did too.  It was not fair.  If the buyer is willing to pay this amount the home is clearly worth it.  Right?! 
They wanted to sell and figured if this deal fell apart it would likely be the same or worse scenario with a next offer.
I am aware of this same situation occurring throughout the city and nation.  And I am aware of at least 2 Seller’s in the Village of West Clay who were held captive to low appraisals.
It is important to be aware of recent “Sold” homes in your immediate area to know what to expect from the appraisal.  Appraisers are under pressure now to use only current comps. They must use homes sold in the last 6 months and preferably the last 3 months.
Using a local bank or lender for the financing is one good way to avoid this problem. The large National Lenders, such as Wells Fargo, are putting a lot of pressure on the appraisers to submit low appraisals.  And a lot of times their appraisers do not really know the area and the true nuances of a particular neighborhood.

1983 Stanhope Street – $499,900

1983 Stanhope - $499,900

This home sold for $450,000 and closed September 1, 2009.

Great Village home with 4 bedrooms, 3.5 baths, and finished basement located on a fantastic homesite.

Yard is larger than most with courtyard and side yard with room to play.

Kitchen has satinless steel appliances, gas cooktop, hardwood floors, and walk in panty.

spacious Kitchen with stainless steel applainces

Great Room  with wall of windows, hardwood floors and fireplace.  Lots of natural light in this home.

Master is spacious with decorative ceiling treatment & rope lighting. Custom cabinetry in Master closet. Large walk -in  glass block shower, double vanaties.

New Home Tour at The Village of WestClay

Village of WestClay - Home Tour April 18 - May 3, 2009

The Builders Association of Greater Indianapolis and Brenwick Development announce the New Home Tour taking place at The Village of WestClay April 18^{th through May 3rd.}

This single-location home tour features nine partially-furnished custom homes priced between $286,000 and $1.5 million.  Visitors will discover distinctive home design elements such as private courtyards and other outdoor living trends while also learning about the latest in home energy saving products and building techniques.

New Carmel Inspection Required of all Sellers as of April 6, 2009

All Homes sales now require water test

New Mandatory Inspection Required in Hamilton and Boone Counties.
The Clay Township Regional Waste District (CTRWD), which provides sanitary sewer service to parts of Hamilton and Boone counties, has recently passed a new inflow and infiltration ordinance that requires any property that is sold to obtain a certificate of compliance from the CTRWD within 30 days of the property being sold.

« Previous Page — Next Page »