Realty Insights for Home Buying, Home Selling, and Indy Info

Following is an article published by the Metropolitan Board of Realtors discussing the recent property tax increases in Marion County and what you can do: Understanding Your Property Tax Bill As you know, many property owners experienced an increase in their property tax bill this year. In many cases, tax increases were significant. In fact, some may have skyrocketed over 100 percent. However, most were not this extreme as the increase varied depending on where you live and the value of your home. There were also many property owners who experienced little to no change and some taxes even declined. Regardless of where you ended up, it’s important to understand some background information on property taxes and why this year saw such a change from the past. Understanding Property Taxes and Deductions Property taxes are used to fund local government (counties, cities, towns, and townships) and the services they provide (schools, fire protection, police, roads, etc.). Taxes are collected t...

Zionsville Real Estate Statistics Based on data collected for January 1, 2007 - June 30, 2007 Homes currently on the market (Zionsville Eagle & Union Townships) = 274 Homes with sales pending (an offer has been accepted but the home has not yet closed) = 41 Homes sold from 1/1/07-6/30/07 = 102 Price range of "solds" = $114,000-$2,250,000 Average days on the market -- from list date to acceptance of an offer(the average of Indianapolis is 40 days) = 36 Average sales price to list price = 94% Zionsville Neighborhood Statistics Check out my website at www.ZionsvilleIN.us/Neighborhoods.html for a listing of neighborhoods in Zionsville, Indiana, along with sales statistics from January 1, 2007 through June 30, 2007. These statistics will be updated semi-annually. Please click e-mail Diane if you would like additional information on the Zionsville real estate market.

Here are some summer maintenance tips for new homes: Windows --Make sure screens are secure and in good condition Fence or deck --Paint or seal new wood fencing or decking Pool or pond --Check all equipment, install rescue and first-aid equipment and review safety procedures with your family Pathways --Add lighting along steps and paths Landscaping --be sure to care for and water new plants, trees and shrubs Dryer and A/C vents --Make sure nothing is blocking the dryer exhaust duct or the HVAC intake vent