May 022017
 

Virtual 360 Tour by Matterport

Think of this technology in terms of the Google ‘streetview’ where you can walk around with your browser and see the views captured from Google’s streetview recordings from their vehicles. In this case the same technology is used to capture the interior view of a home.

When you connect via the link you have the option to view via a ‘dollhouse’  or ‘floorplan’ display which you then click on a spot to be whisked into that area of the home. As you move about the home you can pan around as if you were standing in the room itself. There isn’t a better way to view without actually standing in the home. As so many buyers first shop via the Internet, this is a tremendous tool for the difficult to photograph large homes.  This is especially handy for buyers moving from another distant location. We think you’ll be as amazed as we were when we first saw the potential.

Call or text The Derrick Team on this or any other questions you have on how we go ‘Above & Beyond’ to market your home. 317-563-1110.

Mar 212017
 

When searching for your next home it’s important to select areas you want to live in then narrow down the search based on type of home you’re looking for. We’ll discuss in this article the best way to do so in Hendricks County and how this applies to most other surrounding central Indiana counties. What you’ll see is if you use the wrong search parameter, you might be not seeing all the homes for sale in your target area.

One of the key factors to realized is that the address of a home does not really give you an accurate search parameter. A property address is assigned based on the post office that is servicing an area so you’ll find many homes within a town’s limit or geographical area that has another town’s postal address. For example, many homes along the eastern edge of Hendricks County have Indianapolis addresses because they are serviced by the larger post offices in Indianapolis. Also, as the county population has grown new zip codes have been added such as the Avon zip code that was added in 1999.

Using Avon/Washington township as an example, your home may physically be in Avon/Washington township but may have an Indianapolis, Brownsburg, Plainfield, or Danville mailing address. Part of the reason is due to the fact that Avon is squeezed between Brownsburg to the north, Plainfield to the south, Indianapolis to the east, and Danville to the west. And Avon was not officially incorporated as a town until 1995. Technically both Brownsburg and Plainfield have expanded their town limits into Washington township but that has mostly stopped after a few lawsuits between the towns and Avon.

So, for now we’ll still consider most of Washington township as Avon, as the town, like many others around the area, has the goal of eventually incorporating the entire township. Both Avon and Brownsburg have recently had studies of merging township and town governments thus expanding their town borders to the edges of those townships, much as Zionsville has done in Boone county. For that reason, it’s safe to say unincorporated areas in many populous townships will be absorbed into the nearby town at some point in the future. This is the reason we tend to search using the best common denominator of these trends, which is the school system. For the most part the borders will eventually be drawn by township, as Hendricks Counties school systems are set by township boundaries (see map).

This is not something that applies to all areas which is why you’ll want to have a realtor that is aware of the area you are looking in. Indianapolis for example has IPS which is based on the old city boundaries before all of Marion county was absorbed by the city. There are also cross county school districts in more lightly populated areas of the state.

Below we outline the search parameters we typically use by area in Hendricks County, broke down by school system and tell you the geographical area each one covers.

Avon would be Avon Community School Corp and encompasses Washington Township in the central / eastern part of Hendricks County.
http://thederrickteam.callcarpenter.com/avon

Brownsburg is Brownsburg Community School Corp and includes both Lincoln and Brown Townships which covers the north east part of Hendricks County.
http://thederrickteam.callcarpenter.com/brownsburg

Danville is Danville Community School Corp and includes Center and Marion townships covering the center and middle western area of Hendricks County.
http://thederrickteam.callcarpenter.com/danville

Plainfield is Plainfield Community School Corp and covers Guildford township which is the south west corner of Hendricks County.
http://thederrickteam.callcarpenter.com/plainfield

The north west area of Hendricks County is less populated and is covered by North West Hendricks Community School Corp. It includes Eel River, Union, & Middle townships and the towns of Pittsboro, Lizton, and North Salem.
http://thederrickteam.callcarpenter.com/HCNW

The south west area of Hendricks County is also lightly populated and is covered by Mill Creek School Corp. It includes Clay, Franklin, and Liberty townships and the towns of Coatesville, Clayton, Amo, and Stilesville.
http://thederrickteam.callcarpenter.com/HCSW

Buying or selling in Hendricks County, or anywhere in the Indianapolis Metropolitan area, don’t hesitate to call or text us at 317-563-1110! We’re here to help you with any of your real estate needs, 7 days a week!

Jan 152016
 

anothersoldOne of the biggest steps to adulthood is that first time one buys their own home. After living with your parents and then in rentals having to live by the landlord rules that next true step to freedom is purchasing your own home. At the same time it’s a big step in responsibility as now you are solely responsible for payments and upkeep.

We love working with first time homebuyers as they are always excited and fun to work with. We take them step-by-step on the entire process and stay in touch after the sale. But what many people don’t realize is how important first time homebuyers are to the sale of all homes.

There is a market for homes we call ‘first time homebuyer’ or ‘starter homes’. These are smaller, lower entry point homes in any given market. As homeowners outgrow these homes they will find they are now looking for first time homebuyers to purchase their homes so they can move up to a larger home. The people with the larger homes are looking for these ‘moving up’ buyers to purchase their home so they can move to, well you see where this is going. First time homebuyers are the first domino that keeps the real estate market busy.

10 first time homebuyers will purchase 8-9 inhabited homes (a few are vacant for various reasons) on average. Of the sellers who then proceed to purchase new homes you now have about 17 transactions. As those sellers become buyers you go down the line and the original 10 sales become 25 – 30. So on average a first time buyer triggers 3 home sales.

This is why it is important for our economy that lenders work with first time homebuyers and have options available that will work for those with good credit. It’s what keeps the housing market moving forward.

We work with several lenders that have many options for first time homebuyers. No matter where you are in the buying / selling domino chain The Derrick Team is here to help. Give us a call or text 317-563-1110. Or use our handy contact page.

Aug 202014
 

What is a multi-generational home you might ask. Reading a recent PEW report you’ll see there is some debate about that. But we won’t dive into that in this post. We’ll go more into a multigen (short for multi-generational) typical layout and what we see buyers looking for. So for now we’ll just say a home with 2 generations of adults living under the same roof, as that is a growing trend these days. A typical description is a home with in-law quarters as often it’s elderly parents with health issues moving in with their middle aged children so the children can be readily available to take care of them.

Multigenerational homes have been common in other cultures for centuries. It typically was expected for the children to live with aging parents while still having their own children living with them. In older sections of Europe homes are retained by a family for generations and thus designed with that in mind. It’s also common practice in Asian & Hispanic families to have multiple generations under one roof. Here in the U.S. it’s typically more of economic reasons that are starting to drive the multigen home trend. Adult children move back in with their parents for the financial support and elderly parents move in because of growing healthcare expenses and needs.

In-law Quarters

A very nice inlaw quarters in our listing in Avon. Includes private elevator from garage.

The trend we’ve seen as Realtors in Central Indiana is that in larger homes (6000 sq ft and larger) buyers are looking to see if there is a separate area that would give the parents some privacy and would be easily accessible (no stairs usually). This area should have a bedroom, full bathroom, and an area to set up a small kitchenette. But the ideal setup they really like to see includes a full kitchen, living room, laundry area, and a separate entrance to the outside or garage. The idea is that those living in this area can have total independence but still be just on the other side of a doorway.*

It’s becoming popular enough that if you Google multigen homes you’ll find several sites offering floor plans. And as mentioned before, we are finding that buyers are out looking at larger homes with their aging parents in mind. So if you find you’re thinking having your home remodeled for this purpose, be sure and check local zoning requirements first. Then check with a Realtor for local trends, as you want to make sure that on down the road the changes you make will not affect the sale of the home in a negative way. Otherwise you might want to check into local builders that are building homes designed for multigen homes in areas already zoned for them. We’re thinking multigen homes are going to become much more common in the near future.

If you’re in the market for a multigen home, need to sell yours, or just have questions about remodeling your own home for one, don’t hesitate to call or text The Derrick Team at 317-563-1110 or shoot us an email at DerrickTeam@DerrickTeam.com

* It should be noted that this area has access to enter the home so this is not the same as an apartment. If you try to secure the home entry you now you have a multi-family home, which is zoned differently and is not usually allowed in typical neighborhoods. So if you plan to remodel your home for an in-law quarters be sure and check your local zoning first.

Oct 072013
 

 

 

2.5 Million sales volume for 2015

2.5 Million sales volume for 2015

RallyAward

The Derrick Team

Aug 222013
 

Derrick Red Ad signYou might think that all Realtors are the same but just like any other profession each individual does things a little different. With Connie and Dennis Derrick you’ll find our ‘different’ is good for you.

We work as Realtors because we enjoy it.
We work harder at this work than others we’ve done before because we like what we do. We really enjoy working with our clients to achieve their goal of selling and/or buying property.

We have experience beyond real estate.
Connie has had her license since 1996 and has years of customer service. She’s often the person who will contact you with updates. Dennis has been remodeling homes for years and has knowledge beyond most Realtors on important construction factors. Also he has been involved with Internet marketing and web design since the late 1990’s, which translates to extensive marketing tools for our listings.

We like to have fun with it.
While there are a lot of serious work in the process of selling and buying, we also like our clients to enjoy working with us. We consider good clients friends for life.

You have a team working for you.
With The Derrick Team you get 2 Broker Associates working directly for you backed by a large staff at Carpenter Realtors. You’ll find this very important during contract negotiations. Teams are better than one when you really need it.

Award Winning Realtors.
The Derrick Team has been winning awards for the past several years. Our dedication to our clients will continue to equal long-term success for both our clients and future clients.

We are the ‘Pet Friendly’ Realtors. We have quite a few pets ourselves and understand your love for yours. We know pets are great companions and will enjoy visiting and getting to know your closest pals.

Contact The Derrick Team by calling or texting 317-563-1110 or shoot as email at DerrickTeam@DerrickTeam.com.

2.5 Million sales volume for 2015

2.5 Million sales volume for 2015

 

 

Nov 042011
 

Dennis Derrick

Many buyers are unaware of the processes involved with purchasing property, especially first time home buyers. Even if you have bought and sold property before, you may learn something from this information.

In the state of Indiana the laws were originally written that REALTORS solely represented the sellers and it was simply “Buyer Beware” for those wishing to purchase real estate. As this was obviously a one sided professional representation, many buyers were taken advantage of by sellers who had professional representation. Finally the Indiana lawmakers, following the lead of many other states created the “Buyers Agency” provision in the law so now buyers could choose to be represented by a their own agent in real estate transactions.

Now for the best part, it costs you nothing to be represented by a REALTOR as the buyer. The local REALTOR boards (in central Indiana its MIBOR) worked out a system so the seller pays a commission fee and then this is shared between both the seller and buyer’s agents. So the agent representing the buyer is paid a Brokers Agency Commission (BAC) percentage by the seller and both sides receive fair professional representation, each agent working for the best interests of their client.

Now you know it costs you nothing, what do you get for this great price?

First, you get a REALTOR who will be able to get you more information on property than you would otherwise. They have access to more information through their professional association with the local REALTOR board.

Second, you will have someone who will work with you to determine your needs and desires and be able to efficiently search for the available properties saving you valuable time. They will be able to weed out properties that don’t fit your requirements so you can focus your search on great potential matches.

And most importantly, they will be there to represent you during the negotiations for the property you chose to buy. Even after your offer is accepted there are many things your REALTOR will be helping you with, all the way up to the final closing and possession.

Of course a really great REALTOR will help you with even more, so if you are even thinking of purchasing a new home now or in the future, be sure and give The Derrick Team a call at 317.563.1110. And don’t forget, IT’S FREE!

Jul 202011
 

Oak Bend Estates was developed in the late 1980’s in a nicely wooded hilly area with White Lick Creek (east fork) to the west, County Road 100 North to the south, and State Road 267 to the east. Oak Bend Estates is located in Avon, Hendricks County, Indiana. This area was commonly used in dairy farming until the 50’s and 60’s until dairy farming was not profitable on a small scale and most of the dairy farms sold their herd and went to straight agriculture. This hilly wooded area was thus mostly untouched as is was unsuitable for agriculture and contains many large mature trees so the homes are nestled in among a very beautiful natural setting.

The first homes were built in 1988 with most homes built around 1990 time frame and the last one was complete in 1998. Oak Bend Estates was developed in 5 sections starting from the west side of the development and finishing with section 5 on the east end. The two entrances are on County Road 100 North and State Road 267 with many of the homes on cul-de-sacs.

There are currently 180 homes with 2 home sites left to build on. Average assessed tax value for homes in Oak Bend Estates is $289,334 for the 2010 tax year. Over the past several years the average for homes sold was a little over $300,000 at $100 per square foot.

All the homes are custom built with no two homes being allowed to use the exact same floor plan. This gives Oak Bend Estates a wide variety of styles used from newer all brick styles to homes with classic Victorian, Queen Ann, & Colonial styles. Oak Bend Estates is considered one of the finest neighborhoods to reside in the town of Avon. Take a drive though and you’ll see why.

If you need to sell or buy a home in Oak Bend or anywhere in the Indianapolis Metro area be sure and text or call The Derrick Team at 317-563-1110. We work 7 days a week including evenings.


Jul 092011
 
Connie Derrick

Connie Derrick

Connie Derrick – REALTOR:
With 30 years of customer service experience she connects well with all our clients, sellers and buyers alike. She’s held her RE license since 1997 and has been with Carpenter Realtors since 2001. She stays in touch and returns calls and emails promptly. As many of our clients can attest, she will become your friend during and after all transactions with The Derrick Team. She’s also out marketing face to face with potential and existing clients almost every day.


Dennis Derrick – REALTOR:

Dennis Derrick

Dennis Derrick

He has been working with remodeling homes, well since that first tree house as a teenager. He understands the common and even the unusual construction techniques used and can help clients make informed decisions on selecting the type of house that would be a good fit. He’s also been involved with Information Technology in some form or another for most of his life. Include that he’s been designing and building web sites for over 10 years and you have the perfect person for online marketing of your home. He’s actively marketing your property online in the 24/7 social media world to give you the best exposure to bring that buyer to you.


Vicky Peters – Managing Broker at Carpenter Realtors Avon West:
Vicky is our mentor, broker, and manager all at the same time. Having been in the business for many years he as seen it all and helps us with the more unusual issues. He is there to assist us at any time and is a very important member of the team.


Debbie – Avon West Office Coordinator:
Debbie is who keeps us all in line while supporting us with just about any request we have. She keeps our paperwork in order and makes sure our print ads are setup. She’s a woman with many hats and we would be lost without her support on our team.


Carpenter Realtors Corporate Offices:
A small army of dedicated real estate professionals who focus on the Carpenter Realtors marketing, training, Internet leads, and all types of support. All of which makes for an invaluable member of our team.


Financial Gurus – Many we work with:
Finances are always important in real estate transactions and we have many we work with. We will work with the finance people on any side of a transaction to make sure everything proceeds smoothly. These gurus are a very important member of our team.


Title Insurance companies – Many we work with:
Title insurance is an important part of finishing the process of any real estate transaction. We work very closely with all title companies to make sure all the paperwork is ready for a closing, the most important part of any real estate transaction, thus a key member of our team.


Home Inspection companies – Many we work with:
We really depend on the professional guidance with home inspectors on the condition of a home, even a brand new one. We always recommend a buyer gets an inspection and will assist in finding one available in the allotted time frame after an accepted purchase. They’re advice is a valuable service of our team.


 

HSA – providing home warranties for buyers and sellers:
HSA provides a great service for both our listings and buyers. We recommend home warranties for either side of a transaction. We have seen our clients save hundreds of dollars afterwards so we know the benefits for both buyers and sellers that makes them a great part of our team.


 

There are many others that are often brought into a transaction as needed for quotes, repairs, staging, etc. But as you see, when you use The Derrick Team to represent you in your real estate transaction, you have a large team ready to make sure everything goes smoothly, for you, our client. Give us a call or text today at 317-563-1110. We work 7 days a week, including evenings!

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