12411 North Pennsylvania Street, Suite 300, Carmel, Indiana, 46032
Real Estate
Traci Garontakos & Jaci Cleveland
STONEGATE For the month of October 2019
REALTORS® | Neighbors | Listing Specialists
317.741.0861
E: Traci.Garontakos@EncoreSIR.com W: www.LiveInStonegate.com
IN THIS REPORT: Referendum Impact | Message From Jason Plunkett | Market Report Update | Featured Listings
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2019
H OW S C H O O L S AF F E C T H O M E VAL U E S A BREAKDOWN OF THE IMPACT OF THIS REFERENDUM • U.S. News and World Report currently ranks Zionsville
• 36% of all ZCS families are new to our school community
Community High School as the #1 school in Indianapolis and
since July 2016—house prices have soared since then
#2 in the state of Indiana.
• We are the lowest funded school district per student
• “Location, location, location”. Perhaps today’s real estate
in the state.
motto should be “schools, schools, schools”, as high-ranking school districts have been increasingly hitting home buyer’s wish lists. • “Economists have estimated that within suburban neighborhoods, a 5% improvement in test scores can raise prices by 2.5%”, reports the New York Times. • Other parents consider higher home values an investment in their children, weighing the cost of private school ($20,000 and counting in some urban areas) versus the cost of a larger or newer home.
• 100% of referendum dollars stay here. • Buyers are willing to pay more money for a home in a good school district. 1 in 5 people surveyed said they would pay between 6-10% more for a home – and 1 out of 10 people surveyed stated that they’d go even higher, paying up to 20% more for a home with access to the right schools. • Not all home buyers have children or even plan on having children – making these figures even more interesting. People are not just interested in the quality of school districts for the
• A pricier home in a better public school district could save
educational opportunities they provide; they consider school
a family upwards of $200,000 in private school tuition over a
quality as part of the overall value of the real estate.
decade, in addition to recouping some costs when they sell
• Homes that had great schools nearby tended to weather the
a home.
falling real estate market much better than those with only
• Homes in top-ranking districts often sell faster than homes
mediocre schools nearby. Good schools can help insulate a
in less desirable districts — Realtor.com also found that those
home from market fluctuations and therefore makes a property
homes received 26% more views than the average listing, and 42% more than homes in lower-ranked school districts. • The under-36 crowd forms the largest new-home-buying cohort, according to a 2017 NAR study, and 49% of that age group has at least one kid under the age of 18 at home. • Home values inside top-rated school districts were 49% higher than the national median home price, according to a 2016 study by Realtor.com, which analyzed data from the residential listing database and school district ratings from GreatSchools.org.
Market Report
a more sound investment. • While some community members may be opposed to a slight increase in taxes, what is often not considered is how much equity is put in all of our pockets because of our schools. • The upcoming referendum will enable our schools to maintain class sizes, increase facility count and size for our growing population, and maintain staff count for STEM and specialty programs. All of these are areas considered by U.S. News and World Report when calculating rankings.
PR EPAR ED ESPEC IALLY FOR
Johnathan and Angela-Marie Williams Presented by Traci Garontakos
YOU R STONEG ATE R EAL ESTATE SPEC IALIST AND N E I G H B O R
www.LiveInStonegate.com
Johnathan and Angela-Marie, Traci Garontakos & Jaci Cleveland REALTORS® | Neighbors | Listing Specialists
317.741.0861
E: Traci.Garontakos@EncoreSIR.com W: www.LiveInStonegate.com
Real Estate
When you need suggestions on real estate—from minor home improvements to a full-scale remodel, refinance resources, or you’re thinking about selling your home, we are here and ready to help you out. Call us today at 317.741.0861.
FEATURED LISTING IN PEMBERTON BY TRACI GARONTAKOS
STONEGATE Johnathan and Angela-Marie,
This market report was created especially for you. For a more in-depth, comparative market analysis on your property, call us at 317.741.0861.
HOMES RECENTLY SOLD STATUS ADDRESS
WINNER OF THE 2019 HOME-A-RAMA PEOPLE’S CHOICE AWARD
Market Report
in the last 3 months
BEDS BATHS EST. SQ. FT.* LIST PRICE
SOLD PRICE
SOLD DATE BASEMENT
Sold
6758 Chapel Crossing
5
5
4,400
$610,000
$595,000
09/18/19
Yes
Sold
7695 Deerfield Way
5
5
6,500
$788,769
$788,769
09/18/19
Yes
Sold
6140 Stonegate Run
5
7
9,800
$1,199,999
$1,140,000
09/17/19
Yes
Sold
6745 Chapel Crossing
5
5
5,200
$659,900
$659,900
09/12/19
Yes
Sold
6623 East Deerfield Court
4
3
6,500
$687,805
$713,477
09/12/19
Yes
Sold
6697 Chapel Crossing
6
5
5,600
$674,000
$640,000
08/30/19
Yes
7 Beds | 6 Baths | 6,160 Sq. Ft. Offered at $1,375,000
Sold
7680 St. Lawrence Court
5
5
6,100
$860,000
$836,000
08/23/19
Yes
Sold
6507 Regents Park Court
5
4
5,500
$775,000
$735,000
08/14/19
Yes
For more information, contact Traci at 317.741.0861.
Sold
6710 Regents Park Drive
3
3
2,400
$399,900
$380,000
08/12/19
No
Sold
7628 Beekman Terrace
4
4
3,500
$524,900
$524,900
07/29/19
Yes
Sold
6601 Westminster Drive
5
6
5,200
$685,000
$667,500
07/26/19
Yes
Sold
7641 Carriage House Way
5
5
6,500
$790,000
$750,000
07/25/19
Yes
Sold
7639 Cambridge Lane
4
6
5,500
$599,000
$590,000
07/23/19
Yes
Sold
7657 Carriage House Way
4
4
3,500
$469,000
$443,528
06/28/19
Yes
Sold
7613 West Stonegate Drive
4
3
4,500
$625,000
$610,000
06/21/19
Yes
Sold
6494 Westminster Drive
5
5
6,200
$725,000
$725,000
06/05/19
Yes
Sold
7679 Deerfield Way
5
6
5,900
$759,539
$759,539
05/29/19
Yes
Sold
7338 Dodson Lane
5
4
4,500
$416,645
$416,645
05/24/19
Yes
Sold
6724 Jons Station
5
4
5,100
$599,000
$562,500
05/24/19
Yes
Sold
6696 East Stonegate Drive
5
8
8,300
$1,099,000
$995,000
05/06/19
Yes
Sold
7613 Windsor Drive
5
6
6,400
$749,000
$738,000
04/29/19
Yes
Sold
6740 West Stonegate Drive
3
3
4,300
$520,000
$520,000
04/24/19
Yes
JUST LISTED IN PEMBERTON! 5080 Melborne Place Built by Wedgewood
A Word From Jason Plunkett Born and raised in Boone County I learned at an early age to appreciate a close-knit community. My wife, Brittany, and I have lived in Stonegate since 2016. We love the proximity to the schools, the safety of the community, and the friendships that we have developed over the years. This town and the community of Stonegate are something special and should be celebrated as such!
our district where I will proudly represent my friends and neighbors. I believe that we can make a long term impact to this community right now. I am passionate about school safety, transparency of local government, and the right development at the right time and place. I feel like we have opportunities to support all three of those areas, and I plan to do just that in my next four years.
I was elected as an At Large member of the Zionsville Town Council in July of 2017, shortly after we welcomed our daughter Lauren into the world. In this November election, I will be running for the seat in
- Jason Plunkett
I look forward to continuing to support the needs of our neighborhood and district and ask that you support me in the November election.
Traci Garontakos, Jaci Cleveland, and Encore Sotheby’s International Realty are not in any way affiliated with Stonegate Home Owners Association, nor is this in any way an official advertisement or publication of Stonegate. ©2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MIBOR MLS as of October 10th, 2019. Listings and sales may not be those of Encore Sotheby’s International Realty. The National Association of Realtors® and MIBOR MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.*Estimated square feet rounded down to nearest hundred.
FEATURED LISTINGS IN STONEGATE BY THE GARONTAKOS GROUP PENDING
Please visit www.ElectPlunkett.com to learn more about me.
Zionsville Town Council District 2 Candidate
6730 BEEKMAN
6730 W STONEGATE
6680 REGENTS PARK
6687 BEEKMAN #A
AVAIL ABLE
AVAIL ABLE
AVAIL ABLE
Pending in less than 2 weeks!
6 Beds | 5.2 Baths | 5,443 Sq. Ft. Listed for $1,199,000
4 Beds | 3.1 Baths | 3,234 Sq. Ft. Listed for $550,000
3 Beds | 2.1 Baths | 3,080 Sq. Ft. Listed for $520,000
3 Beds | 2.1 Baths | 2,454 Sq. Ft. Listed for $370,000