Thursday, May 7, 2009

Neighborhood Watch - Park Ridge East

Park Ridge East, located on the east side of Smith Road between 3rd and 10th, is a popular neighborhood for anyone looking for mid-priced homes in a quiet setting that is not too far from Indiana University.

Activity over the past year has seen eight houses sell. These homes were priced between $149,000 and $229,000. Here are some statistics on the sold listings:

  • Average square feet: 2,473

  • Average list price: $197,163

  • Average price per square foot: $84

  • Average days on the market: 91

  • Average selling price: $184,488

Currently there are seven homes available in Park Ridge East and they are priced from $179,000 to $285,000. This neighborhood is made up of ranches, bi-levels and colonials and each style is represented in the current available inventory.

The house in the photo above is currently on the market and priced at $197,700 and offers 4 bedrooms (one bedroom is located in the basement), two full baths and has a great pool in the back yard. With over 2600 finished square feet, this house has a lot to offer. The only negative is the train track behind the house...the listing agent stated that only two trains travel the track each day. Awesome pool!

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