Indy Realtor's Blog: Westfield Real Estate

Local home builder Hansen and Horn has been selected as THE home builder for the much anticipated Anson project located just outside of Zionsville Indiana.  Prices, floor plans, and all the details have not been released yet, but the initial phase of the residential development will include 168 homes with the whole project slated for 680 homes over 8 – 10 years. 

The Anson project, being developed by Duke Realty, initially was behind schedule and was slow to pick up steam.  However, after Medco announced they will be opening their largest warehouse in Anson a whirlwind of activity has surrounded the project.  Anson is a 1,700 acre mixed use project of residential, commercial, retail, and light industrial on the borders of Zionsville.  Although Anson is…

Forbes magazine has just rated Hamilton County the #1 best places to raise a family in the United States.  You can read the article here, but it basically says that with relatively low home prices, great schools, low crime and an easy commute Hamilton County rocks. 

It is true, Hamilton County is arguably the most desirable location to live in the entire Indianapolis area and the real estate values reflect this.  While other areas of the country and even Indianapolis are struggling; Fishers, Noblesville, Westfield and Carmel continue to trend upwards.  

The report does reveal that the rankings were skewed towards counties with great schools.  Hamilton County is renowned for its stellar schools system which is a major factor why it remains such a…

Westfield Indiana just received a $900,000 grant from the state that the city will use to extend the Monon Trail from 161st to IN 32.  The Monon Trail in Westfield was just 1 in 28 similar projects around the state of Indiana to receive a total of $19 million in grants from the Indiana Department of Natural Resources. 

Westfield in hoping that the improved trails will lead to future growth and development of its downtown area where the Monon will intersect with an east-west trail, Midland Trace, which runs south of IN 32.  Westfield has already been planning on extending the Monon from the Carmel borders to 156th with work expected to begin this summer.  Eventually the city intends to extend the trail up to 216th street and add a loop from 161st street…

The good news:  Westfield real estate owners will pay a lower tax rate in 2008.

The bad news:  Because the assessed value in Westfield has gone up, most residents will not see a big change in their tax bill.

In an almost unheard of move these days, Westfield actually lowered the property tax rate.  This could actually be a turning point for Westfield.  Westfield has typically had a very high tax rate compared to some of its other Hamilton County neighbors.  The growth and appreciation of Westfield’s residential and commercial sectors are turning Westfield into a vibrant city not just the city north of Carmel with cheaper houses.  Westfield has been quietly and continually growing due to its affordable home prices, good Hamilton County location and…