About Fishers' Gray Eagle

There are 773 homes for sale in Fishers today! I love to highlight all the various Fishers neighborhoods that make up those 773 homes, today I have chosen Gray Eagle! Gray Eagle is a golfing community in Fishers with Prairieview Golf Course surrounding the subdivision and is located on 116th to 126th in east Fishers.

Gray Eagle has 682 homes that were primarily built by Pulte Homes and is enclosed by 240 acres of wooded preservation. There are various subdivisions within Gray Eagle, for example "The Bluffs" are located off of Brooks School Road at 126th and are ranches with finished basements that either back up to the woods or golf courses.

Currently there are 14 homes for sale in Fishers Gray Eagle. They range in price per sq foot depending on which area in Gray Eagle you are looking, but the majority are in the $120-$130 price per sq ft. Currently the highest priced home is at $499,000 with 4,400 sq ft PLUS an additional 2,000 in the basement at 11751 Skyhawk Court. It has five bedrooms and four full baths. The lowest is at $339,000 with 2,770 sq ft and an additional 1,500 in the basement.

Most of the homes were built in the early 2000s and have three car garages, basements and often three to four full baths.

Since January 1, 2009 there have been 26 homes sold in Gray Eagle, which is about 3 homes per month. If we look at the absorption rate, we would say with 15 homes for sale in Fishers Gray Eagle, we have just under a five month absorption rate. This is approaching a balanced market.

Gray Eagle homes typically sell in less than 90 days as well demonstrating that it is a neighborhood that is popular to home buyers in Fishers.

It is also popular due to its proximity to shopping, schools and interstates; yet with a golf courses and wooded lots, maintains a private quiet backdrop for its residents.

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Other Northside Blogs (Carmel, Noblesville, and Geist)

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

by Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers

Homeowners who have the option of completing a short sale in order to avoid foreclosure may be better served by saving their home in this manner. In some cases I can actually renegotiate the term, monthly payment and back debt to a more comfortable payment allowing you to keep your home.

You owe more on your home than it is worth. Perhaps you have lost your job and are behind several payments. Maybe you are dealing with an increasing payment from an adjustable rate mortgage and are now facing foreclosure. A short sale is a way of selling your home for less than what is owed on it. By negotiating with your mortgage company's loss mitigation department to accept a lower payoff, a short sale can be accomplished.

We first need to meet and discuss your specific situation. I'll be able to put a plan together that best works for you and what's going on with you. Then after gathering a few documents from you, I'll be able to contact your mortgage company directly on your behalf.

Our team of specialists are here to assist you with a mortgage loan modification. We will negotiate with your mortgage lender(s) in an effort to stop foreclosureand produce a long term solution to your problem. Whether you are facing foreclosure, your rate is adjusting or you just cannot afford your mortgage fha va payments any longer, we can help. The hardest part of getting help is making a simple phone call to one of our specialists.

MICHAEL MERGELL (317) 645-8717 MICHAELMERGELL@REMAX.NET