If you check out my website you should be able to find the answer to your questions. Please feel free to call or email me with any questions or if you would like to see a home.
While you can look at all kinds of stats about median home prices, just like any area, some neighborhoods are simply more expensive than others (it's that old supply-and-demand thing we learned in econ). Southern Hamilton County (Carmel and Fishers) tend to have high home values and costs than other suburban areas. Zionsville (southern Boone County, west of Carmel) tends to have even high home prices than Carmel and Fishers.
Fishers routinely has been ranked by Money Magazine as a best small town in the US. Carmel and Noblesville (north of Carmel and Fishers) also have received national accolades for being great communities.
While there are some rural areas in northern Hamilton County, Henricks, Hancock and the southern part of Johnson County tend to have more farmland and feel more rural.
And, while you may have seen reports that show that Hamilton County is the wealthiest per capita income compared to other metro counties, the tax rates are actually among the lowest.
Utility costs are going to be really similar. Marion County is covered by Indianapolis Power and Light (electric) while Citizens Energy provides gas, sewer and water. Vectren is the gas company for most of the suburban areas, while Duke Energy is the electric provider.
As I tell any of my clients moving here from out-of-state, the best thing to do is define what's most important, visit areas that meet that criteria to get a better sense of the type of homes available, housing costs and community amenities. If you don't have an agent, you need to find someone who really knows the area, not just where the houses are, but the hot spots.
If you'd like more specific information, I'd be happy to provide what I can. In terms of community features, consider going to http://www.visitindy.com, http://www.eightgreattowns.com and chambers of commerce sites for the various counties.
Best of luck,
You will find utilities are going to be pretty much the same in the great Indy area. The biggest impact will be based on the type and age of home construction. Typically Gas heat will be more affordable then electric although some new places do have a combination approach that is very efficient. If you find yourself in a condo, especially in the downtown area, you will find mostly electric heat but because you have units on all sides the costs are still very reasonable.
In Indiana real estate taxes are 1% of assessed values for primary residences, if there is a mortgage in place. (2% if the property has been used as a rental) Assessed values are supposed to be close to actual value. So bottom line taxes will follow the home prices but otherwise there will be little difference between areas except that like most cities the average price will be higher in some parts mostly based on location and demand for that area. Note if there is a notable difference between the sales price and assessed value (assessed value is greater) then after you close you may be able to appeal the assessed value. Your success will in part depend on how long the place was for sale when you bought it and other recent similar sales. (i can explain further if you want) If you buy a place that has been used for a rental then your tax bill for the 1st partial year will be a bit higher but then the exemptions will kick in lowering the rate because it will be your primary residence the following year and beyond.
On my web site http://www.cityhomesandlifestyle.com you can search by community and in some areas by neighborhoods and developments. It's a new update/release of my site and i am still getting it fully up to speed on some parts of town. If you find interest in a part of town that's not fully populated then just let me know and i can probably rush the release of that community for you.
I would also strongly encourage you to work with a buyer's agent that only represents you vs. calling listing agents on places that interest you. You can learn why at http://www.AgentsThatWork4U.com. The cost to work with a buyer's agent is literally less than $200 and they will work ONLY for your interests.
Last i have to make a pitch for downtown. While i work with buyers and sellers all over Indy i live downtown, 80% of my practice is downtown and i can't tell you how much i love living downtown having spent the vast majority of my adult life out in the burbs. Let me know if have any questions and i would be happy to help you. While most of my clients don't have relocation packages I am also a certified relocation agent. So if work is bringing you to town, and there is a relocation program helping out, i can help there too.
Good luck with the move.. I have spent a lot of time in Denver through the years and like the city, While we don't have the mountains or as much snow Indy is a great city and has received many awards and a lot of recognition in the past few years as a great place to live.
It's possible to get a very nice home here in Metro Indy for much less than you would have to pay in Denver. I'd love to help you and your partner find an area and place that's just right for you both. I would say that communities vary on the cost of utilities and taxes. Hamilton County is a very popular area and there are communities that have lower taxes than Hamilton County, although utilities aren't real high in Hamilton County.
Give me a call and we can discuss what you are looking for and I'll do some research for you to give you the most informational data available. I'm currently working with some other clients from other states and also do not feel the need to steer my clients toward one particular area.
Thanks for writing!
Julie A. Barnett
Prudential Indiana Realty Group
(317) 847-0055 (cell)
(765) 769-5565 (office)
DOWNLOAD MY FREE MOBILE APP: Text HL6 to 87778
It lists each area, it will take you to the areas home page and all the answers are at your finger tips.
Jamelle Walker is a really good realtor if you are looking for one. His number is 317-453-0917. Email email@example.com. He should be able to help you.
Best of luck
Well, it is a sad day when anyone has to move away from Colorado, but Indy is pretty great in it's own right! In general, different municipalities have varying costs of living although your utilities and cable/internet costs shouldn't vary too greatly. Marion county has a 1% property tax cap (1% of tax assessed value), while some municipalities, like Brownsburg in Hendricks, have notoriously higher property taxes. I don't feel these differences are enough to guide you; instead you should go for whatever particular community fits your lifestyle and interests the best...
My process is pretty simple: I guide you in getting a pre-approval from a good lender, we talk and make sure we get along well, I listen to what you're looking for exactly, show you what is out there, and let you pick what's best for you both. Feel free to get in touch with me if you'd like!
Thanks, have a great week!
Realtor - Associate Broker
Century 21 Rasmussen Co., Inc.
Penny A. Narum, Realtor & Professional Land Surveyor
RE/MAX Legends Group, Indianapolis
If you would send me your email, I would be more than happy to send you a cos of living index report that will answer all your questions!
Real Estate Broker