Home foreclosures have been an anchor on the housing market for the last several years and while east Carmel has had a smaller share than most areas, we're not immune. This home, on Griffin Run in east Carmel went under contract after years of vacancy and neglect. I believe we heard a collective cheer go up from the Prairie View area as the preliminary paperwork was signed Monday night. Now if it can just clear escrow one small wart on this neighborhood will be resolved and productive once again. Currently there are 17 pre foreclosures in the 46033 along with 11 headed for sherriff sale and 11 bank owned homes.
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