Nationally, home sales fell to a new low in March as the housing market stayed stuck in neutral.
Sales of previously owned homes ran at a 3.98 million pace in March across the U.S., the National Association of Realtors said in a recent report. That means if sales continued at this rate for the full year, 3.98 million homes would be sold – the lowest since 1995, according to USA TODAY analysis.
Indiana’s housing market, however, saw a surge in sales and listing activity from February to March, according to the Indiana Association of Realtors. Closed home sales jumped 27% month-over-month, while new pending sales grew 30% from February. New listings were up 41% from February and 5% year-over-year, the association said.
With more competition from homebuyers, the state’s median sale price rose 4% month-over-month to $270,000, association data showed.
In March, a Civil War-era home and a waterfront three-level were among the interesting $1 million Indiana homes for sale. Let’s see what a buyer in that range might find around the state in April.
Indianapolis Home-A-Rama
This Indianapolis home on the market for $900,000 is a former Home-A-Rama participant and has more than 5,000 square feet of space. Located in Admirals Sound at Geist, this four-bedroom, custom-built ranch home combines classic design and modern style.
Inside, you’ll find four fireplaces, high ceilings and large windows keeping it bright and spacious. Head outside and you’ll find an enclosed seasonal porch and a large backyard. The listing includes what a possible pool would look like while still leaving plenty of room for entertaining.
Fort Wayne historic mansion
This mansion on the market for $990,000 was built in 1880 and boasts more than 10,000 square feet of space. This carefully refurbished spot has a main house, an apartment and loft and features a commercial kitchen. It has several fireplaces with cast iron fire-backs, built-in china and curio cabinets, and woodwork by expert craftsmen throughout.
The main house is four floors with seven bedrooms, plus six additional rooms or possible bedrooms available, along with seven bathrooms and six living areas.
Bloomington private woodland preserve
This home on the market for just over $1 million in Bloomington sits on 16 acres of your own private woodland preserve, complete with a pond. Built in 1975 and renovated in 2019, it has huge timbers throughout the main floor with soaring ceilings and windows.
Custom updates are evident throughout the house, including cabinets, countertops and red oak flooring. The 3,300 square feet home has three bedrooms with space to finish another, three baths, and a sunroom. Practically every component of the home was replaced, according to the listing, including electrical, plumbing, and HVAC.
Greenfield lakefront golfer’s dream
This Greenfield home on the market for $975,000 has lake views, a golf simulator and a saltwater inground pool. The extensively remodeled property on Sugar Hills Lake combines modern updates and outdoor living. The main level was completely rebuilt down to the studs, according to the listing, creating an open layout with modern finishes.
The home has more than $500,000 invested in renovations and improvements, according to the listing, from the stylish kitchen overlooking the pool to the oversized bathtub overlooking the lake.
This article originally appeared on Indianapolis Star: Historic mansion, woodland preserve among $1M Indiana homes for sale
Reporting by Joe Mutascio, Indianapolis Star / Indianapolis Star
USA TODAY Network via Reuters Connect
