NW Indiana Property Tax Cap

Just a quick update for those looking for a home in NW Indiana. The property taxes on homes at the end of the year will be capped 1.5% of the sales price of the home and in 2010 , they will be even better at 1%. Alot of things have been put in place to help this economy along. The 8000 Dollar tax credit has really helped the 140k and under market in real estate. I think that the cap will really help the 200k and over market. Maybe we could nickname it the Cap of Clunkers,lol