new video of a new Whitestown home for sale
Great home within a few minutes of the Anson Whitestown development.
Contact us now to schedule your own private viewing.
New video of the Anson Real Estate and Zionsville Real Estate development
A lot of development has happened since I last uploaded videos and photos of the Anson Duke Development. There is now a full hospital with an emergency room as well as some new restaurants as mentioned in the video. As I had mentioned earlier in other posts, KB homes pulled out of developing the Anson Real Estate and sold to Hanson and Horn. Hanson & Horn has shut down as well. I do not yet have any information on who is going to be building the new home sites, but I did see a sign for built-rite, but have not heard of this company before.
Home bought and sold through Crager-Bartels. Video testimonial
Find out how and why at MyIndianapolisHome.com and BuyIndyNow.com
New Indianapolis Real Estate video testimonial from local war hero
new video of the Anson Zionsville development
I just took some video of the Anson Development in Zionsville. Hanson and Horne is taking over for KB in Anson, homes priced 250k and above. We ate at the new Mexican restaurant last night.
This is a great place to be investing in real estate, IMHO, the best place in all of Indianapoils area to be investing in. I put my money where my mouth is, I have a single family home I rent out just behind the Anson development.
Crager-Bartels Real Estate is your local Zionsville and Anson real estate expert.
Zionsville is rated the 57th best place to live in the United States
As I have said over the past years, you can’t beat Zionsville as a place to live as well as invest in. Prices are higher in Zionsville, but home pricing appreciation will more then compensate for this. Remember, LOCATION, LOCATION, LOCATION!
If you are looking for a place to invest, I would consider buying a home in Royal Run and renting it out. Home prices there are the lowest in all of Zionsville, and the homes in this area will only become more valuable and in higher demand over the next several years as Amazon.com, a few pharmaceutical companies build plants, and other companies continue to invest in the Anson Zionsville development.
Looking to purchase a home in Zionsville? Work with the Zionsville Real Estate experts at Crager-Bartels Real Estate
Looking to purchase an investment property in Zionsville, Crager-Bartels owns several single family homes in Zionsville as investments as well as manages another dozen or so homes for other owners. For some examples of the homes we manage, check out our photo site of homes we manage and have for sale
http://pictures.zionsvillehomesonline.com/index.php
Contact us at 317-839-8786 or via email at info@MyIndianapolisHome.com
3 bedroom home sells with Triple Play for 12% more then expired listing!
Hmmm…You think the Crager-Bartels team is onto something? They are! We come through with a Triple Play that is sold before we even get a chance to list the home on our website. This home was listed for $62,500 and didn’t sell after 6 months. We listed it with our Triple Play, and sold this Indianapolis home for $70,000, or 12% more then the previous listing.
Nice place to call home! Property is price to sell. Newly renovatedProperty features 3brms, Great room, Family room, Full bath & Half bath, Large Fenced in backyard! Great for a first time home buyer! This home will not last long. Make an offer!! EASY SHOW!!
Have a home you can’t sell? Call us to get your home sold and/or cash in your pocket NOW
317-839-8786
As Promised, the new $425k home signed up as a triple play candidate. GATED COMMUNITY
Beautiful 2-story 4 bedroom home in Sycamore Springs, southern exposure with open and spacious floor plain, raised ceilings, hardwood floors, great room with fireplace, lots of windows, large breakfast bar, den, main floor master suite with tray ceiling and separate garden tub and shower with walk-in closet. Large loft, formal dining room, 2-story entry, large basement, private patio, oversized 2 car attached garage.
Available for lease at $3,000/month, lease option price is negotiable, but will be in the mid $400′s. 5% down minimum, 2 or 3 year option available. Buy it out right for $425k
Do you have a home you need to sell but can’t because of the marketplace? Sign up for our newsletter for our unique marketing program that gets your home exposed to triple the number of potential buyers. Indianapolis Lease Option Homes and Lease option purchase homes. Or contact Craig at 317-490-5074 or Derek at 317-796-9825 to schedule your listing appointment.
Appointment times are limited because of the high demand for this unique selling approach.
Take a look at the Indianapolis Homes For Rent right now!
Crager-Bartels Real Estate and Property Management is interviewed for interest.com article
http://home-equity.interest.com/home-equity/how_to_rent_home.html
From article:
Step 4. Decide whether you’ll need to hire a property management company.
If you’re moving away you’ll need a dependable relative or management company to monitor and maintain your home.
"Small headaches can become larger headaches pretty darn quick," said Derek Crager, founder of property management company Crager-Bartels in Plainfield, Ind. "A drip that nobody takes care of (can) turn into a rotten floor."
Management companies will handle everything from screening prospective tenants to collecting rents and providing handymen for maintenance.
A standard monthly fee is 10% of the monthly rent, Crager says. You should be sure to find out if companies you’re considering charge extra for billing or special visits to the property. These small extra charges can add up.
The information above is part of how our real estate triple play marketing system works to get you cash for your home!
Two Lease Back Properties available for purchase. Tenants already in place! Indianapolis real estate asset play.
Something I have been working on the past 4-5 days, and something that I feel would be a great investment for the capital rich real estate investor. Note, you will need between $40k-$50k down for this, but the payoff will be generous over the next 3-5 years. At time of this post, you will need 10% down for non-owner occupied for well qualified investors. Note again, this is for VERY QUALIFIED INVESTORS!
Details on property one:
Watkins – Stratton Model by M/I Homes. Available for lease back to M/I homes.
Watkins / Stratton Model is available for $479,990 – lease term is $4,389 per month for (1) 6 month lease, with (15) 3 month extensions. 2% earnest money required at time of contract. $1,550 in buyer/seller closing cost plus 1% with the use of M/I Financial only. Located in Lawrence Community opened in July 2007 75 total home sites estimate of 3 years until close out at a pace of 2 homes per month
Photos of home are available online here
Now Look at the numbers:
Purchase price: $479,990
Down Payment: $47,999
Monthly payments at 7% for 30 year note: $2,874. Taxes: $700/month. Insurance: $100/month
Cash flow of $600/month plus depreciation expense of $5,900/year(based on 27.5 year amortization in 33% tax bracket). = $600+ $489/month in tax savings = 1,089/month in cash flow before interest savings.
Property goes up in value at a conservative 4%/year. 4% after first year is $19,200 increase in value. Principal pay down is $300/month. Add on the $1,089/month listed above.
CASH ON CASH RETURN comes out to be $35,868/$47,999 =
75% cash on cash return. WOW
I’m not even including your savings from interest deductions.
UPDATE: THIS HOME WAS SOLD BEFORE I WAS ABLE TO GET THIS LISTED AND SENT OUT TO MY OTHER INVESTORS.
An investor or ours found the photos I had placed under "specials", called me up, and locked in this deal already.
Details on property two(STILL AVAILABLE)
Carmel – Broderick Model MI Homes
Broderick model is available for $376,000 – lease term is $3,011 per month for (1) 6 month lease, with (15) 3 month extensions. 2% earnest money required at time of contract. $1,550 in buyer/seller closing cost plus 1% with the use of M/I Financial only. Model is located at Heather Knoll – located just West of Towne Rd on 141st st. Community entrance is on the north side of 141st St. Community is about 3 years old, will have a total of 151 homes when complete. Completion is estimated to be in 3 years…or more. We have 42 moved in homeowners. Of the 151 total, we have 50 home sites to be developed late fall 2008 / early spring 2009.
Photos of home are available here:
Now Look at the numbers:
Purchase price: $376,000
Down Payment: $37,600
Monthly payments at 7% for 30 year note: $2,251. Taxes: $600/month. Insurance: $80/month
Cash flow of $80/month plus depreciation expense of $4,512/year(based on 27.5 year amortization in 33% tax bracket). = $80+ $376/month in tax savings = 456/month in cash flow before interest savings.
Property goes up in value at a conservative 4%/year. 4% after first year is $15,040 increase in value. Principal pay down is $260/month. Add on the $456/month listed above.
CASH ON CASH RETURN comes out to be $23,632/$37,600 =
63% cash on cash return. WOW
I’m not even including your savings from interest deductions.
ALSO, we throw in one year of management for FREE when you purchase a new home through us. When we mean one year FREE here, we mean one year FREE AFTER the lease back expires, not during the lease back, as there is really no management to be done while this is under a lease back scenario.
Contact Craig at 317-490-5074 or Derek at 317-796-9825 for additional information. Also via email at info@MyIndianapolisHome.com or at our office at 317-839-8786