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Kim Carpenter

Geist Waterfront 3rd Quarter 2009 Statistics

Well the Geist waterfront market showed signs of improvement in the 3rd quarter with 8 sales, 5 of those being over 1 million dollars, but there were also 19 new listings or re-lists that hit the market. We still have an abundant supply of waterfront homes on the market going in to the winter months.

There are currently 54 active waterfront listings, of which 1 is a possible short sale and 6 are bank owned!

If you are looking to purchase a Geist waterfront home, now might be the time. With the inventory being at a high, 6 properties being either short sales or bank owned, you can probably get a good deal and be ready for the boating season next Spring.

Lawrence Township

Actives

There are 28 active listings with 12 being over $1,000,000 and 10 being new or re-listed in the 3rd quarter.

The highest list price is $3,200,000 - 9873 Hampton Cove

Pendings

There are 4 pending sales.

Solds

There were 3 sales in the third quarter.

The highest sale was $1,650,000 - 9332 Treasure Point Drive

Fall Creek Township

Actives

There are 26 active listings with 14 being over $1,000,000 and 9 being new or re-listed in the 3rd quarter.

The highest list price is $3,740,000 - 10247 Portview Lane

Pendings

There are 2 pending sales.

One over 1 million - 12958 Shoreline

Solds

There were 5 sales in the third quarter.

The highest sale was $2,625,000 - 190 Breakwater Drive

Curious about the list price of a home that just hit the market in your neighborhood? Now you can stay on top of this with one easy "Click". This is a unique tool brought to you by The Marchant Team at Keller Williams. You can bookmark this link for future reference. If I have omitted your neighborhood from the list, just send me an e-mail and I will add it for you.

I have inserted the table below but you can also book mark Fisher Neighborhood Search or Geist/Lawrence Neighborhood Search for future reference.

This information is updated real time so you will always have the most up to date information on the Fisher/Geist homes for sale. If you want to know how much a home sold for, simply send me an e-mail and I will send that information to you, I can not link to sold information.

You call also subscribe to our "One Call Gets it All" By giving me your phone numbers and e-mail address, you can call one number and get recorded information about any home in the Indianapolis area, regardless of whose listing it is. You will not receive return calls from several agents, just have instant info. If you are interested, send me an e-mail at sold@kimsellsindy.com or call/text me at 317-509-4000.

I hope you enjoy these tools! We at the Marchant Team always strive to deliver our real estate service with the newest and proven tools to assist you with your real estate needs! I love making dreams come true, one home at a time!

Kim Carpenter “Kimsellsindy.com” - Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website

sold@kimsellsindy.com
317-509-4000

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Search Homes in Geist Area Neighborhoods
Admirals Bay Admirals Landing Admirals Pointe
Admirals Sound Admirals Woods Avalon Forest
Avalon Hills Bay Ridge Beamreach
Benjamin Square Berkley Place Bolander Woods
Boston Commons Boulders at Geist Bradford Creek
Bradford Pointe Brendon Park Brendonridge
Brendonwood Bridgewater Brunson Acres
Cardinal Cove Carroll Crossing Castilla
Castle Cove Castle Knoll Farms Castle Ridge
Castlebrook Castlewood Champions Village
Charter Pointe Chesapeake Cobblestone at Geist
Copperfield Crossing South Crystal Pointe
Clune Devonshire Diamond Pointe
Eagle Nest Eagles Pines at Trittipo Echo Pointe
Fairways at Winding Ridge Fairwood Hills Feather Bay
Feather Cove Foutain Village Fox Pointe
Foxchase Frontgate Geist Valley Estates
Glastonbury Glen Cove Hampton Cove
Hamptons at Geist Harbour Pines Harrison Run
Hearthstone Heritage Park Hidden Creek at Geist
Hidden Oak Highlands at Geist Highlands @ Geist
Hunters Glen Indian Lake Ivy Hills
Kensington Commons Kensington Farms Knollwood at the Creek
Knollwood Knollwood Valley Lake Charlevoix
Lake Kesslerwood Lakes at Winding Ridge Lantern Forest
Lantern Hills Lawrence Woods Lawton Estates
Lawton Loop Lighthouse Cove Maple Bluff
Masthead Metes & Bounds Moorings
North Woods at Geist Oakhaven Oakland Hills
Oakland Hills @ Geist Oakland Hills at Geist Oakland Woods
Oaklandon Meadows Orchard Valley Farms Persimmon Creek
Persimmon Ridge Pine Ridge Estates Pinesprings
Perserve at Indian Lake Quail Point at Winding Ridge Quail Point Winding Ridge
Rainbow Highlands Rigdewood Hills Rose Haven
Sargent Creek Sargent Hills Sargent Manor
Sargent Woods Scarborough Village Seven Oaks
Shadow Ridge Shorewalk Sleepy Hollow
Spring Run Steeplechase Summerwood
Sunnybrooke The Overlook @ Fall Creek The Parks at Winding
The Sanctuary Timber Ridge Timberline
Trebla Acres Village Gate Wallingwood
Watson Farms Westborough at Winding Winding Ridge
Windsong Woods Edge Yorkshire


Search Homes in Fishers Neighborhoods
Avalon Berkley Grove Bradford Knoll Boulders
Britton Falls Britton Ridge Burberry Canal Place
Conner Knoll Covington Estates Gray Eagle Harvard Park
Hickory Woods Lakeside Green Lantern Farms Lantern Ridge
Masthead Meadow Brook Oak Hall Oxford Park
Pine Bluff Quaker Ridge River Glen River Ridge
Rolling Knoll Rosewood Sandstone Sawgrass
Saxony Sedona Somerset South Avalon
Spyglass Falls Spyglass Hills Strongbow Sumerlin Trails
Sunblest Sweet Briar Tanglewood The Bristols
Thorny Ridge Thorpe Creek Timber Springs Timberstone
Walnut Creek Walnut Hills Weaver Creek Weaver Woods
Westminster Windermere Wintercove Woodberry
Woods at Gray Eagle Woods Edge

Great Financing options available!

The Marchant Team was treated to “Lunch and Learn” today by Cori Drudge of Stonegate Mortgage!!

Stonegate Mortgage recently hosted a seminars hosted by Indiana Housing and USDA for their loan officers and Cori Drudge came in today to pass along the info he learned. There are many great programs available for buyers to take advantage of.

Indiana Housing Programs:

  • MCC (Mortgage Credit Certificate)
  • MSP (Market Stabilization Program – $15,000 Grant ) The MSP program is a federally funded program offering money for downpayment, closing cost, and or Rehabilitation on foreclosed homes only.
  • First Home/First Home Plus Program
  • To see if a home qualifies visit Indiana Housing Now

USDA Loan Program

  • Rural Housing Direct Loans are loans that are directly funded by the Government. These loans are available for low- and very low-income households to obtain homeownership. Applicants may obtain 100% financing to purchase an existing dwelling, purchase a site and construct a dwelling, or purchase newly constructed dwellings located in rural areas. Mortgage payments are based on the household’s adjusted income. These loans are commonly referred to as Section 502 Direct Loans.
  • Loan amounts are based upon the appraised value, NOT purchase price. NO money down, No PMI, Repair escrows are allowed

The above programs do have specific qualifications:

  • Minimum credit score of 620
  • Income limit restrictions which vary by state

If are interested in learning more about any of these unique programs, please contact myself, Kim Carpenter at 317-509-4000 or sold@kimsellsindy.com

or contact Cori Drudge at 317-439-4495 or cdrudge@stonegatemtg.com

We at the Marchant Team strive to always be ahead of the curve and provide you with the most innovative tools to assist you with your real estate needs! Whether searching the Geist/Indianapolis area, Fishers area, Carmel area or Noblesville area, we have you covered. Some of the services we offer are “One Call Get’s it All” and “Smarter Agent“, feel free to give them a try, they will make your homebuying process a lot less stressful. Just call, e-mail or text me to get set up!!!

If you are interested in attending a “1st Time Homebuyer Class“, complete the form at this link and submit. We will contact you with additional information. We look forward to seeing you there and making your “Dreams Come True, One Home at a Time”.

I hope you enjoy these tools! I love making dreams come true, one home at a time!

Kim Carpenter “Kimsellsindy.com” – Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website

sold@kimsellsindy.com
317-509-4000

I rediscovered why I love Indianapolis!!

I spent the day showing Beckman Coulter employees, who are considering relocating to the Indy area, around town today!! While driving them around, I rediscovered why I love this great city!!!!

We have a lot to offer:

We have so much to offer, why would you not want to live here?

All of this and affordable housing too!!!!

Considering a move to the Indy area? Call the realtor who knows the area and would love to show it to you!!!

We at the Marchant Team strive to always be ahead of the curve and provide you with the most innovative tools to assist you in your home search. Whether searching the Geist/Indianapolis area, Fishers area, Carmel area or Noblesville area, we have you covered. Some of the services we offer are “One Call Get’s it All” and “Smarter Agent“, feel free to give them a try, they will make your homebuying process a lot less stressful. Just call, e-mail or text me to get set up!!!

I look forward to making your “Dreams Come True, One Home at a Time”.

Kim Carpenter “Kimsellsindy.com” – Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website

sold@kimsellsindy.com
317-509-4000

Don’t overlook tax deductions for Owning/Buying/Selling a home!!!

Everyday we here a reminder about the $8000 First time homebuyer credit but don’t overlook other tax benefits for owning/buying a home!!

Buying a home:

  • $8000 Tax Credit – This is a true tax credit that can be taken by First time homebuyers as well as buyer’s that have not owned a home in the last 3 years. It applies to primary residences only, has income limitations and does not have to be paid back. You must close by November 30, 2009 in order to take the credit.
  • Points - Points paid at closing are usually deductible as interest if you had enough down payment to cover the points.
  • Private Mortgage Insurance premiums (PMI) - Buyer’s who put less than 20% down, usually pay PMI and PMI can usually be included in your interest deduction.
  • Relocation/Moving ExpensesIf you moved due to a job change you may be able to deduct the cost of moving. In order to take the deduction, you must move within one year of starting the new job, work full-time at least 39 weeks during the first 12 months at the new location, and your new job must be at least 50 miles further than the old residence was from the old job. Qualified moving expenses include your out-of-pocket cost of moving yourself, your family, and belongings to the new location.

Owning a home:

Once you purchase a home, you will most likely begin to itemize deductions on your tax return, if you are not already doing so:

  • Mortgage Interest - This is usually your biggest deduction, you can also deduct interst on a home equity loan, provided it is secured to the property.
  • Real Estate Taxes - Property taxes paid on your home, whether paid directly or paid through your mortgage company are deductible.
  • Home Improvements and Energy Credits - The Recovery Act gives incentives to homeowners making improvements and energy-efficient upgrades to their homes. Taxpayers can get credits for 30% of the cost of qualifying doors, windows, HVAC, water heaters, roofing and insulation, up to a maximum credit of $1,500. Solar energy and wind energy systems are each 30% of cost with no maximum.

Selling a home:

Sellers don’t have to pay taxes on a profit up to $250,000 for single filers and $500,000 for joint filers. Homeowners must have lived in the home for at least two of the past five years to claim this exclusion.

Taxpayers whose homes were foreclosed may be able to exclude the mortgage debt that was forgiven in connection with the foreclosure. This provision applies to debt forgiven in calendar years 2007 through 2012, of up to $2 million is eligible for this exclusion ($1 million if married filing separately).

Always consult with your tax adviser before taking any deduction!!!

If you are considering buying or selling a home, we at the Marchant Team strive to always be ahead of the curve and provide you with the most innovative tools to assist you. Whether searching the Geist/Indianapolis area, Fishers area, Carmel area or Noblesville area, we have you covered. Some of the services we offer are “One Call Get’s it All” and “Smarter Agent“, feel free to give them a try, they will make your homebuying process a lot less stressful.

Search Geist Lawrence homes for sale by neighborhood!

Search Fishers homes for sale by neighborhood!

Kim Carpenter “Kimsellsindy.com” – Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website

sold@kimsellsindy.com
317-509-4000

Want to sell your home or buy your dream home? Call the realtor that gets RESULTS!!!

  • Thinking about selling your home?
  • Had your home on the market and it has not sold?
  • Wondering why other homes are selling and yours is not?
  • How does staging affect the saleability of your home?
  • What does pricing your home right affect the sale of your home?

Call the realtor that gets RESULTS!!! My 2009 statistics speak for themselves:

6407 Bayside S. Drive $128,500 - Offer accepted within 11 days

10255 Plantana Drive$149,900 - Offer accepted within 16 days

12102 Aldenham Blvd $160,000 - Offer accepted with 1st showing

8450 New London Ct. $259,900 - Offer accepted with 1st showing (2nd offer received within the first 24 hours)

9706 Hampton Circle North $259,900 - Not even listed, I approached the seller and SOLD it!

1831 Valley Brook Drive $190,000 - Offer accepted with the 1st showing

9702 Iroquois Ct. $385,000 - Offer accepted with the 1st showing

I can not stress enough the importance of staging and pricing your home right!!

We at the Marchant Team strive to always be ahead of the curve and provide you with the most innovative tools to assist you in your home search or the sale of your home! Whether searching the Geist/Indianapolis area, Fishers area, Carmel area or Noblesville area, we have you covered. Some of the services we offer are “One Call Get’s it All” and “Smarter Agent“, feel free to give them a try, they will make your homebuying process a lot less stressful. Just call, e-mail or text me to get set up!!!

If you are interested in attending a “1st Time Homebuyer Class“, complete the form at this link and submit. We will contact you with additional information. We look forward to seeing you there and making your “Dreams Come True, One Home at a Time”.

Kim Carpenter “Kimsellsindy.com” – Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website

sold@kimsellsindy.com
317-509-4000