Top 3 Most Popular Neighborhoods in Carmel!

If you're like most people, you are well aware that Carmel has been one of the most rapidly growing communities in the Indianapolis for the past 10 years. The population growth of Carmel has more than doubled since 2000 to nearly 60,000 residents. Carmel also boasts one of the highest median incomes per households at $87,133 as well as the highest average home price of $325,888. Within the past 12 months, Carmel has has more home sales than any other community in the Hamilton County at 1,190 homes sold.
       So..out of all of those sales, you may be wondering what the most popular neighborhoods in Carmel are?
Lets explore that question...

       Leading that pack with a staggering 40 home sales just within the past 6 months is uber popular Villages of West Clay! Developed by Brenwick Development, the Villages of West Clay touts itself as being the first and most prestigious Traditional Neighborhood Development (TND) in the Indianapolis area. The Brenwick Development team designed The Villages of West Clay with the traditional small town in mind. Their goal was to recreate a sense of community and safety of  small town America by designing a neighborhood where residential, commercial, multi-family and retail could all co-exist. Providing amenities in your own neighborhood such as restaurants, dentist, post office, gift shop etc. to create a comprehensive planning system that is an economically and socially diverse community for all ages.
        The average home in The Villages of West Clay has 4 bedrooms and 3 baths, 4,422 total square feet and was built in 2005. With one of the lowest average days on the market at 82, the typical West Clay home lists for $499,478 and sells for $474,143 which represents a sale of 95% of the list price and $157 per square foot.
         Does this sound like the perfect environment to raise your family? You're in luck! There are currently 52 homes for sale in The Villages of West Clay ranging from $139,900-$1,999,900! Click here to view available listings!

       If The Villages of West Clay is the ideal neighborhood for families with traditional American values, then The Bridgewater Club is the ideal neighborhood for luxury living! Coming in second place with 20 homes sold in the past 6 months is the luxurious community of Bridgewater! Located in northern Carmel near 161st and US 31, The Bridgewater Club is advertised as "luxurious resort living". Also mixing commercial with residential properties, Bridgewater is an 'all-inclusive' living environment. Boasting one of the area's highest rated and most exclusive golf courses a 750 acre, 18 hole private coarse designed by Pete Dye and The Preserve Academy. One of the most impressive amenities that The Bridgewater Club has to offer is the 70,000 square foot clubhouse, which is home to a top of the line fitness center, multiple meeting and banquet rooms, dining and a 25 yard indoor swimming pool!
The average Bridgewater home has 4 bedrooms and 3.5 baths and a total square feet of 4,817. With most homes being built around 2007, they typically stay on the market an average of 104 days before selling for $163 per square foot.
Presently, there are 43 homes for sale in The Bridgewater Club ranging in price from $155,000 - $2,950,000 so if this type of living interests you or you are a golf enthusiast,you don't want to miss the newest Bridgewater Listings!

The Carmel Palladium - Economic lifesaver or liability?

Carmel Palladium

One of the most talked about construction projects in the STATE, the much anticipated Carmel Palladium-The Center for the Performing Arts had its Grand Opening Gala last Saturday January, 22. Hundreds of locals turned out in frigid temps to witness the ribbon cutting ceremony and to feast their eyes on Carmel's newest crown jewel.The controversy surrounding the project has been nothing less than sensational over the past 3 yers as tax payers have protested and demanded the mayor to be straight with them about the cost of the project and where the funds were allocated. However, in response to the naysayers, Mayor Brainard says that the "most important thing about this project is that its going to create all kinds of economic development for Carmel."The goal of the $150,000,000 plus project was to create an artistic and entertainment venue for northsiders who previously had to drive downtown to experience such cultural events. Realistically, this should bring more visitors to Carmel and drive dollars to local businesses and the community, which have been suffering as of late due to climbing vacancy's in office space, increased mortgage foreclosures and an overall net job loss.

The Carmel community leaders have worked very hard in recent years to bring cultural and artistic diversity to the area to create a community atmosphere with the development of the Carmel Arts & Design District, Clay Terrace and The Monon Community Center and the planning of various events throughout the year to promote this concept.January 31st marks the the centers first concert, The Chamber of Music Society of Lincoln Center will perform. Thinking about buying tickets for upcoming concerts? Better hurry! As of today, three concerts to be held at The Palladium have already sold out! If this is any indication of the need for this type of venue in the Carmel community, then I believe it could be the launch of an economic upswing for the people of Carmel!