Indy-area housing market surges to record prices

Mike and Elaine Morgan never envisioned moving from Butler Tarkington to a home just outside Sheridan, but that’s where today’s fast-paced housing market took them.

After watching property values skyrocket, they listed their Indianapolis home with the notion of moving to a suburb with a better school district. They were thrilled when their house sold in five days,  but quickly discovered finding a new home wouldn’t be easy or cheap.

Their search for an affordable home with a bit of land took them all the way to rural Boone County.

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