Currently there are 100 condos for sale in Fishers and of those 13 are distressed properties. Condos provide great ease in living with no lawn maintenance or exterior worries. One thing to always keep in mind in condo homes, is the monthly maintenance fee. The lender will often look at that amount as additional monies for your monthly payment.
Some of the more inexpensive new options are at Limestone Springs located at Marilyn and 136th, far east side of Fishers. There are currently 17 active condos in that subdivision. The lowest priced condo currently out there is $89,000. It is a pre-foreclosure; so is a distressed property. It was just listed two weeks ago, so will probably go quickly. The monthly fees in Limestone are right around $150 per month.
Moving a little further east into the brand new subdivison of Avalon brings six choices. A great condo in Avalon on Chancery. It has two bedrooms, 1 1/2 baths, stainless steel appliances and over 2,000 sq ft for $125,000. The monthly fee in Avalon is between $140 to $180 a month.
Other popular areas further west, close to SR37 is the neighborhood of Middleton Place. The best deal in there now is one that I have listed for $111,900 with three bedrooms, a LR and a Family Room and 2 1/2 baths and over 1600 sq ft. The address is 9675 Lenwood. Monthly fees are right around $200 per month.
There are three or four other communities; if you would like more information contact your Fishers Real Estate Agent. I am familiar with all of the communities, their amenities, their monthly maintenance fees and their resale values. I am also able to look at the history/archive of particular properties to be sure you have the best information when it is time to make the offer.
Happy Condo Hunting!
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