Indiana Association of Realtors Release Sales Stats & Comparisons

   The Indiana Association of Realtors® released a bulletin today that they say shows “Low inventory continues to impact home sales, but fetches top dollar for available properties”. The article compares sales data from March of 2014 to sales data from March of 2013 that show, among other things, that while the number of closed home sales decreased 11.2 percent to 5,243, the median sale price of those homes increased 4.3 percent to $119,900. Also, the average sale price increased 5.2 percent to $142,259. The article quotes Kevin Eastridge, 2014 President of the Indiana Association of REALTORS® and Owner/Principal Broker of the Evansville-based F.C. Tucker Emge REALTORS® as saying “Buyers want homes, which is clearly supported by their willingness to pay top dollar, but low inventory continues to hold home sales back.” Another interesting tidbit is that the percent of original list price received increased by 1.1 percent to 91.6 percent.

What do I take away from this? Well, If you’ve been thinking about listing your Indiana home, now may be the time you’ve been waiting for. There are buyers out there just waiting and searching for the right home and your home may be the one! We have seen some multiple offer situations recently because of the low inventory. When a nice home is listed and priced according to the market, there very well may be more than one party that makes an offer. The trick is to make sure you list the home correctly from the beginning. If you are in a niche market, it makes good sense to contact the expert in the area. They have an ever-present handle on the market and know many of the buyers that are out there waiting for the right home. It can be difficult for inexperienced agents to understand the intricacies of the Indiana waterfront home market at Heritage Lake. Don’t take a chance of listing your home based on the wrong sales information. Call Brouhard Realtors at RE/MAX Centerstone to get an update on the local market. Darrel and I have spent over 26 years working together in real estate sales at Heritage Lake-that’s over 52 years of combined experience. Let us share our expertise with you!

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Indiana Lake Front Homes are Selling at Heritage Lake



We’ve been busy selling lake houses here at Brouhard Realtors RE/MAX Centerstone! I wanted to quickly update you on our recent sales activity. Some happy folks are going to be out on the water by the first of May! Lets, see, our listing at 12 Jefferson Valley is pending, 149 Mill Springs closes tomorrow, and we are representing the buyer on 119 Gettysburg. Our homes off the lake are selling as well. Recent closings



include 359 Jefferson Valley, 152 Jefferson Valley, 164 Patriots Landing, and 325 Lincoln Hills. These new home owners will enjoy all that Heritage Lake has to offer including 320 acres of water, 3 sandy beaches with parks and picnic shelters, professional 4th of July fireworks, and access to boat tie up or slips for lease on the lake. Don’t worry, we have more great waterfront home listings for sale at Heritage Lake!  This beautiful private Indiana lake has so much to offer for residents of Central Indiana! Give the Brouhards a call today!

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Vacation Home Sales Surge in 2013 According to Realtor® Magazine


Relaxing View at Heritage Lake

Daily Real Estate News reports in the Realtor Magazine “that vacation home sales rose sharply in 2013 according to the National Association of Realtors®. The NAR survey of investment and vacation home buyers indicates vacation home sales jumped 29.7 percent and estimates 717,000 sold last year up from 553,000 in 2012. The article also shares that owner-occupied purchases rose as well and were up 13.1 percent. Isn’t it great to hear good news! It goes on to say that the NAR Chief Economist Lawrence Yun expected this improvement in the vacation home market. He is quoted as saying “Growth in the equity markets has greatly benefited high-net-worth households, thereby providing the wherewithal and confidence to purchase recreational property,” he said.  This trend is of great importance to the Heritage Lake real estate market because 2nd home buyers are a major component of our Indiana lakefront home sales activity.  As for our local 2nd home market, our team at Brouhard Realtors RE/MAX Centerstone reports 90% of their Heritage Lake lake home buyers were vacation home buyers in 2013. “We already knew Indiana vacation home sales were up in our area, but it is nice to hear those numbers on a national level,” said Darrel. Historically, the largest percentage of our vacation home buyers have been from the northside of Indianapolis, especially the towns of Zionsville, Carmel & Fishers. However, we are noticing a large increase in activity from Hendricks County as folks discover they can escape to their own summer paradise by taking a simple 30-45 minute drive from home or work in Avon or Plainfield. Summer home buyers from Chicago, and Cincinnati are increasingly common. Heritage Lake is ideal as a vacation home spot in the heartland. No need to fly or drive long distances! When you arrive at your own Indiana summer home, you will realize everything starts at a new pace and your escape is complete! Have a lemonade or cocktail on your lake side deck and breath in the fresh air, feel the sunshine, and revel in the beautiful lake views of Heritage Lake-Indiana’s Best Kept Secret!

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Upscale Brick Indiana Lakehouse Listing Offers Breathtaking Sunset Views!

Indiana Lake House Dream!

Indiana Lake House Dream!


302 Patriots Landing

Lakeside Dock/Lift

WOW! The front of this home at 302 Patriots Landing looks like a very nice, custom  brick home nestled in mature trees…but when you step inside you realize it’s so much more! As you gaze into the well-appointed living room you see the lake sparkling through the solid wood plantation shutters. Venture along on the tasteful wood flooring into the large great room as it opens up into the ideal entertainment setting! Whether it’s just your family, or visitors too, everyone loves to hang out around the kitchen. The large granite countertop is perfect for a pitch-in spread!  The kitchen/dining area opens to the large lakeside great room area with big views all the way out to the main body! Lots of windows bring Heritage Lake inside! Exit to the large, lakeside deck and enjoy a natural setting among mature trees with views of the lake in every direction. Meander along the walkway in the level back yard to a large dock complex on the shoreline, ready to house your boat under a covered lift and 2 jet ski ports! The water depth invites you to jump in! The fishing is some of the best fishing Indiana has to offer in this large cove-one of the best at the lake! The home has the master suite and another bedroom conveniently located on the main level. The upstairs is ready for the troops with 2 bedrooms and 2 bonus rooms, but that’s not all! Open the door to the area above the over-sized 3 car garage and realize all that square footage that is framed to be finished into  whatever fits your needs! In-law quarters? A home office? A big rec area? If you’re wanting to find your Indiana lake home dream in Indiana, this is definitely a contender! Brouhard Realtors are your Heritage Lake Experts since 1987! Let us find you the perfect Indiana lake home!

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New Heritage Lake Indiana Slide Show


Boating on Heritage Lake

Heritage Lake Slide Show

I can feel spring is in the air so what better day to share our new slide show of Heritage Lake? Indiana’s Best Kept Secret! Many thanks to Dave Charrlin for his fine photography. This video captures not only the sheer beauty of Heritage Lake but also the heart of this Indiana lake community. It is truly a bit of paradise hidden in West Central Indiana where folks come together to enjoy lake living to it’s fullest. Whether you love boating, water skiing, sailing, swimming, fishing, bird watching, or just sitting and taking in the gorgeous views, you won’t be disappointed at Heritage Lake. Indianapolis is only 28 miles away from this rural gem-far enough to get away but close enough for convenience. You could leave work in Indy on a Friday and be there in an hour! When you arrive, you can feel that you’ve escaped from it all and It’s convenient for your friends and family to visit. The lake has 320 acres of water and a length of 2 1/2 miles. It is well stocked for some of the best fishing in Indiana. Activities include breakfasts at the marina, lakeside evening concerts, the Feast n’ Ski, professional 4th of July fireworks, fish fries at the campgrounds & more. There are children parties for Halloween, Christmas, and Easter. Adult parties have included New Years Eve, wine tastings, and more. Mostly we’re about fun and sun and water! There are 3 sandy beaches, 2 clubhouses, swimming pool, sports complex, marina, parks and shelter areas. Docks and tie ups are available to lease for those who own bare lots or live off the water. The location just south of US 36 at Groveland, 28 miles West of Indianapolis, is convenient to Chicago, Cincinnati, Louisville, Lafayette, and Carmel! Heritage Lake Indiana waterfront homes start at around $200k up to over $1 million. Lakefront lots start at $70,000.  Darrel and Teresa Brouhard with RE/MAX Centerstone have some wonderful Indiana lake houses for sale currently starting from $187,900 to $414,900. More affordable homes off the lake are listed as well and include use of the lake and all it’s amenities. Either click on the photo or visit slide show on youtube at

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New Prime Waterfront Home Listing at Heritage Lake Indiana

IMG_9592 (Small)

Lake Side of Home

Dock w/Lift

Dock w/Lift

This prime waterfront home listing is located on the mouth of a very large cove offering great main body views while allowing for a no idle zone at the dock & shoreline perfect for swimming and fishing. As you enter this all brick custom home you are welcomed by warm mahogany wood flooring throughout the living room, kitchen, and sunroom. The kitchen features stunning, exotic, seamless, granite counter tops, stainless steel appliances, and plenty of space for dining and accommodating your guests. You’ll love the dining nook surrounded by windows taking in the lake view! You’ll enjoy the ultimate in lake side entertainment on the large deck, in the nice level yard, or on the impressive large dock with newly installed boat lift. Fish, swim, relax, and take in one of the best views at the lake! Listing offered by Brouhard Realtors with RE/MAX Centerstone. Contact Darrel or Teresa for more Heritage Lake listings! 

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Newly Listed Indiana Lake House for Sale


lake house 165 mill springs at Heritage Lake

165 Mill Springs is an Indiana lake house listed for sale with Darrel Brouhard of RE/MAX Centerstone. This Heritage Lake home is located on a very nice, large cove with views out to the main body! You’ll feel the relaxation take over as you approach your personal retreat via the winding driveway hidden by mature trees.  As you enter the home into the large great room accented with tongue & groove vaulted ceilings and hardwood flooring,  your eyes are drawn out back through the atrium doors to views of Heritage Lake! You can’t wait to exit to the nice deck/dock/gazebo complex on the water’s edge. There is a boat lift ready for your boat or you might want to catch some fish right off your dock. Maybe just jump in! This house has everything you could want in an Indiana lake home for a summer home or full time residence. The master is on the main, the upper level has a huge room finished above the garage, another bedroom, bath, and an open loft area perfect for your weekend visitors. The basement is very comfy with a roomy recreation area that exits to the lakeside sunroom and hot tub! Once you sit down in the sunroom, you’ll enjoy the privacy and views of the lake so much you might just want to stay awhile!

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New Indiana Lake Front House Listing Offers Privacy & Deep Water

12 Jefferson Valley

12 Jefferson Valley

A new lake house listed for sale at Heritage Lake offers the best of both worlds. 12 Jefferson Valley is nestled in the woods among mature hardwoods, you feel like your far away from it all. Panoramic views of the main body are framed in the trees. Venture down to the dock and you’ll want to jump in! There is a very nice protected swimming area and a high quality dock with boat lift and large deck area makes the most of the area.  You’ll enjoy entertaining guests at the dock this summer! The main level of the lake house has a comfy, cottage feeling with no maintenance flooring and a completely updated interior. Great room is nice and open with plenty of room for guests to spill out onto the large, lakeside deck! The family room in the walk out basement has lots of room for cousins and friends to bunk out for the weekend. 2 fireplaces for those cool, fall nights at the lake! This Indiana lake house beckons its new owners as a convenient location from Indianapolis as well as Chicago and Cincinnati! Contact Darrel or Teresa Brouhard today! 

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Hint of Spring Brings an Increase in West Central Indiana Real Estate Activity

Indiana lake house for sale

Indiana lake house for sale

The sun is shining today and snow is melting! I can see the grass peeking through. The days are longer and the sun is higher in the sky. Thankfully, Spring is closer every day! Fishermen are still on the ice at Heritage Lake catching more fish for the freezer for lakeside fish fries this springs. I am noticing an increase in phone calls and internet inquiries. We have listed some great Indiana lake houses for sale this past week. I’m grateful the inventory is increasing as we approach the busy season. 12 Jefferson Valley is a new lake front listing. It is a fantastic waterfront home nestled in the woods and  ready to fulfill someone’s dream for an Indiana lakehouse where friends and family will enjoy more seasonable weather in 2014 and beyond.  Other new listings this week are at 359 Jefferson Valley, 199 Mill Springs, & 222 Mill Springs. It’s a great time to visit and take a look so get in touch with Brouhard Realtors today!

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Brouhard Realtors Partners with RE/MAX Centerstone

remax announcement

Darrel and I have owned and operated a real estate agency for over 26 years. Much has changed since those early days when we renovated an old brick building on US 36 in New Winchester, 6 miles west of Danville, IN.  I can’t remember what came first, fax or cell phones? I do remember how drastically it changed the way we did business. I can’t even describe the learning curves that came with that first computer and it’s DOS operating system. My point is, it has always been necessary to not only change, but to embrace change and make the most out of every change. Over the years as Lake Realty Company, Inc., then Century 21 Western and Western Builders, then Brouhard Realtors, we did exactly that. It is now time to embrace change once again, and embrace it fully to continue to be the ‘best in the business’! We are excited to join with RE/MAX Centerstone and their professional brokers and agents. After working the Heritage Lake market for so many years, we found many people did not realize we sell real estate throughout Central Indiana! This move helps us with working areas outside the lake as well as enhancing our current focus on Heritage Lake. RE/MAX is the #1 real estate company in the world and RE/MAX Centerstone  was the #1 brokerage in Hendricks County in 2013, which is our neighboring county. Brouhard Realtors has been #1 in sales at Heritage Lake since before the year 2000. Adding the top real estate agency in the world with the #1 agency at the lake can only be a great combination! Get ready for a great year! This snow and freezing weather will not last forever! Get your home listed now and be ready for the blast of sales activity this Spring. We are ready! Call the Brouhards today! And don’t forget to tell your friends and family to call us for their real estate needs in and outside of the lake. You’ll be glad they’re being helped by ‘the best in the business!’

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