Subdivision Spotlight: Chapel Creek in Floyd County Indiana

In an ongoing effort to bring you information you need in an ever-changing real estate market, today we begin a new series, the Subdivision Spotlight. Each week we'll shine a spotlight on a different subdivision in our local Southern Indiana community.

We begin the series today with Chapel Creek. Chapel Creek is located in the northwest corner of Floyd County Indiana. There are two main entrances into the subdivision. One is on the south side on Chapel Lane and other on the north on County Line Rd. 

Below are some facts about the subdivision: 

• Built in the 1990's
• Schools* - New Albany Floyd County
• Grant Line Elementary School
• Nathaniel Scribner Middle School
• New Albany High School
• Sales Statistics for the Previous 12 Months
• Number of Sales - 6
• Minimum Sales Price - $255,500
• Median Sales Price - $272,500
• Maximum Sales Price - $295,000
• Sales Price vs List Price** - 96.34%
• Average Sq Ft - 2,936
• Average Days on Market*** - 110

If you would like additional information on this subdivision, your own subdivision, or any other subdivision, let me know! My contact info is below.

Brett Mumaw with RE/MAX First

Call or text me at (502) 641-1677

Email me at brett@yourindianamove.com

* - School information is as of the time of this post and could change. You are encouraged to verify the information with the school district.
** - Sales Price to List Price ratio is calculated by dividing the average sales price into the average list price of the units sold. The List Price is the price the home is listed for when the sale is completed. It is does not take into consideration any price reductions that may have occurred.
*** - This number does not reflect the times a home that is sold has been on the market before by (1) its owner, (2) another Realtor whose listing expired, or (3) a listing cancelled and then re-listed to generate new interest. This number in most instances does not reflect the number of days from contract to close which averages 30-45 days for most closings. In order to have a true picture of the date property is listed to the date of closing a seller would need to add prior “days for sale” activity to the above average days on market plus 30-45 days from contract to close. The above is not reflective of a specific area but takes into account all homes on the MLS that sold in the last 30 days and the last 12 months.