high-end homes
High End Homes Not Selling in Metro Indy
Today, the Hilbert Mansion on 116th Street in Carmel was reduced by another $5,000,000. Originally listed at $25,000,000, the current asking price is less than 40% of the original listed price. You can read the  story here. The volatility of the real estate market has taken it’s toll on higher end homes in Metropolitan Indianapolis. McMansions are being passed on for more economical living choices. Home sales in Indianapolis over the past few months may not reveal the true picture of sales per price point. Since many first time home buyers are taking advantage of the $8000.00 rebate, the price...
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