Geist Fishers Annexation Battle Finally Go to Court

In what seems like a never ending saga, Geist residents and the town of Fishers are finally going to get their day in court.  Fishers has been trying to annex 2,200 high end homes in the Geist area for quite some time now and Geist residents have been opposing them every step of the way.  Geist residents have collected 1,700 signatures and filed suit to stop Fishers from annexing their homes into the Fishers tax base. 

The homeowners at Geist assert that becoming part of Fishers will increase their tax base for services they already receive and Fishers argues that Geist residents already receive these services without paying fully for them.  The town of Fishers has tried to entice the Geist homeowners with tax incentives and Geist has tried to incorporate into their own town to no avail.

If the Geist homeowners could have succeeded in incorporating into the two new towns, it would have a huge moment and helped out Geist real estate values IMHO.  Since they were unable to this, they will now being going to court within 60 after the Geist petition signatures are validated. 

If the town of Fishers does prevail, Fishers Indiana real estate stands to benefit by increasing its tax base and bringing in another high end community into its expanding repertoire of luxury homes.  I do believe however, that residents will always consider Geist as a separate entity from Fishers as the community and feel are totally different from the rest of Fishers.   
 

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