Avon, IN

Avon Indiana’s finest neighborhoods offer luxury living at it’s best. There are several neighborhoods in Avon featuring homes built by Indy’s top home builders. Build your custom dream home or choose an existing home in one of these distinguished Avon neighborhooods.

Homes in these communities start at $500,000.

Parks at Prestwick

Parks at Prestwick, located in the southwest corner of Avon is built on a nature preserve, with rolling hills, trails and wooded lots. Choose a home overlooking the Prestwick Country Club and golf course or a secluded home amongst trees.

Amenities include a community park, basketball court and swimming pool.

Search All Homes Available in Parks at Prestwick

Woodcreek Farm

Woodcreek Farm is a lovely community of stately homes on tree lined streets with large lots. Perfectly manicured lawns, open green areas and a small creek which runs through the neighborhood.

Located off CR200 (21^st St), just east of SR 267, close to the new Ronald Reagan Parkway.

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Heritage Hill

Heritage Hill is the newest custom and luxury home community in Avon. Built on 100 acres of nature, with rolling hills and wooded lots, there’s still time to choose a great lot for your custom home.

Future amenities include, park/playground, nature area, pool and clubhouse

Located off SR267, north of CR200.

Search All Available Homes in Heritage Hill

Copyright by Paula Henry 2008 - originally posted at IndyRealEstateTalk.com

Parks at Prestwick in Avon offers some of the most beautiful land in Hendricks County. Scenic tree lined and sloping hillside lots sitting above the Prestwick Country Club. On either side of the custom home lots are paired ranch maintenace free communities. I've always been a huge fan of these communities. No yard work, no shoveling snow, no exterior maintenance! Okay, so it's really a huge benefit for my husband, but still, if he's not busy maintaining all these items, I could create another honey - do list :) I mean honey-please list.

Last year the largest builder of maintenace free homes in Indianapolis went out of business and the communities are in foreclosure. I have been working with the Receiver of the homes at Grant Park and after a few months of getting all the details in place, I now have some of the homes at Grant Park listed and ready to sell. We will be adding additional homes to the inventory soon.

Although not officially bank owned, we have been given the liberty to price these homes to SELL.The price represents a savings of 25-30% off what the builder had these homes listed for.

My favorite model is the Majestic with the optional bonus room. We just happen to have one available. With over 2900 square foot, you would never know you are in a condo. This model home features a double sun room with a wall of windows overlooking the pond, hardwood flooring, fireplace and custom upgrades throughout.

I will be there on Sundays from 1-4 with all five models open, plus four additional homes. We have some homes which can be finished to specifications. Come by and check out this beautiful community. I'll see you there!

You can see more detail, floor plans and photos at GrantParkAvon.

HAPPY NEW YEAR AND BEST WISHES IN 2009!!

THANKS FOR VISITNG WWW.CHRISCASTETTER.COM

I dug up some stats out of MIBOR (Metropolitan Indianapolis Board of Realtors) for Avon and the surrounding Washington Township area for the past twelve months, from 10/8/07 to 10/7/08:

For residential (single family and condominiums):

Currently for sale: 515

Average Listing Price: $212,625

Average Days on Market: 140

In addition, the typical listing is a 3 bedroom, 2.5 bath home. 4 out of 5 have at least 1 fireplace and 22% have basements. Homes have an average of 2,244 sf.

Sold in the past 12 months: 838

Average Sale Price: $166,720

Average Days on Market: 84

Home which have sold are 3 bedroom, 2.5 bath homes. 2 out of 3 have at least 1 fireplace and 22% have basements. Homes have an average of 2,330 sf.

This also indicates, based upon number of homes sold versus now for sale, that there is a little over a 7 month supply on the market here. Sellers (and in most cases, their real estate agents) are still placing their homes on the market at unrealistically-high prices, as indicated by the sold vs. active data above.

PRICE YOUR HOME CORRECTLY. You benefit by attracting more buyers, selling faster and for closer to what you are asking.

The average sales price for a home in March was $140,098, which is 2.8% less than March 2007.

Average days on market increased from 91 days in March 2007 to 106 days in March 2008.

By county, pended home sales in Hancock County was 31.6 percent less than in March 2007. Pended home sales in Morgan and Shelby counties were down 5.3 percent while sales in Hamilton and Marion Counties were down 21.2 percent and 9.6 percent respectively.