Home > Blogs > Evelyn Johnston > Exploring Elkhart County, Indiana

Goshen, Indiana, Keystone Pointe Subdivision, 2011 1st Quarter Home Sales, Homes for Sale

By Evelyn Johnston

Real Estate Broker/Owner with Friends & Neighbors Real Estate RB14036506

September 11, 2011 03:48 PM

Keystone Point Subdivision is located on College Avenue, just west of US 33. Keystone Point Subdivision is located on the south side of the road. Elkhart Township, Goshen Indiana. Children who live in Keystone Point Subdivision who attend public school will be attending Goshen Community Schools.

Keystone Point Subdivision 2011 1st quarter home sales consisted of 1 home that sold for $139,000 after being on the market for 251 days. This was an arm’s length transaction and neither a Short Sale, HUD Home nor an REO Property.

An Arm’s Length Transaction means the Home Owner did not know the Buyer and the sale was made under normal circumstances.

HUD Homes are listed and sold by the US Governments Housing and Urban Development.

REO Properties are homes that are ownd by a Bank/Investor which they obtained thru the foreclosure process.

Short Sales are definded as a sale where the debt owing against a property combined with the costs associated with the sale exceed the property’s market value. In a loan default situation (pre-foreclosure) , lender(s) may be willing to agree to allow the property to be sold for less than the loan amount and/or accept less than (or “short”) the amount owed, and may or many not accept the net proceeds of sale as payment in full of the debt. Short Sales are listed and sold by the Home Owner with the Mortgage Lender’s approval.

Most homeowners like knowing what kind of real estate activity is going on in their neighborhood. Larry Johnston with Elkhart County Subdivisions has some unique tools that allow him to provide very detailed information regarding what home buyers are looking for. If you would like statistics regarding what kind of Internet exposure and buyer traffic your home would have if you listed it with Larry and Elkhart County Subdivisions, give him a call at 574-304-7148. The Neighborhood Activity Report also shows you what new listings have been added in your area and what listings have experienced status and price changes. Call Larry today at 574-304-7577 to see what your home’s value is in todays Goshen Real Estate Market.

Information is available on other local Elkhart County Subdivisions at elkhartcountysubdivisions.com.This information is deemed reliable, but not guaranteed.