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- Cost of Selling A House in Indiana
- Indiana Realtor Commission
- Closing Costs For Sellers in Indiana
- Other Potential Costs
- Cost of Selling A House in Indiana Calculator
- Recommended Reading
*Costs assume a sale price of $228,552. Numbers are rounded off and may not be 100% precise. The cost of selling a home in Indiana is about average for the U.S. The table above shows that sellers pay 6.27% of the home’s purchase price when factoring in realtor commissions and seller closing costs. That’s slightly higherthan the national average of ...
Using a realtor costs Indianahome sellers an average of 5.56% of the home’s sale price. It costs sellers an average of $12,685 in realtor commissions, based on the average Indianahome value of $228,552. That includes both the buyer’s agent and the seller’s agent commission, which sellers are responsible for paying in Indiana. Your actual commission...
Seller closing costs typically add another cost of 0.7% or more to the home’s final sale price, according to our data. (Closing costs do notinclude realtor commission.) Based on the average Indiana home value of $228,552, the typical home seller pays $1,713 in closing costs. Indiana seller closing costs typically include prorated property taxes, ow...
Attorney fees
The average hourly rate for real estate attorneys in Indiana is $261, according to legal technology firm Clio. Indiana law does not require an attorney to review the transaction documents in a home sale or be present at closing. (An attorney is required to write the new deed, but this is typically handled by the title company’s staff attorney.) While it’s not required in Indiana, buyers and sellers have the option of an attorney to offer legal advice, review their documents, and represent the...
Home preparation costs
Preparing your home for sale could add thousands more to your upfront costs. Home staging costs between $745-2,659 on average in the U.S., according to HomeAdvisor. Actual costs vary widely based on your location, the size of the home, and the number of rooms furnished. Regardless of your choice, you need high-quality photos of your house to display online. Professional photos can cost $100–300, but your real estate agent will likely arrange and pay for this. Expect to spend at least $300 for...
Pre-listing appraisal and inspection
An appraisal is a professional estimation of a home’s value. Buyers usually pay for appraisals in Indiana, but obtaining a pre-sale appraisal can give you a more accurate starting point for pricing your home. The cost of an appraisal for a single-family home in Indiana ranges from $223–354, averaging $289, according to ProMatcher. You may also want to consider ordering a pre-listing inspection to identify any problems with the house before the buyer can discover them, so there are fewer surpr...
Use our calculator to get a rough estimate of what you might walk away with in your home sale. Change the home sale price and closing costs to fit your particular situation. For more accurate numbers, we recommend finding a local realtor to provide you with a free seller’s net sheet: a personalized document that estimates how much you may earn in y...
The True Costs of Selling a Home Revealed: What does it really cost to sell a house in the U.S.? We explore all the common expenses in a home sale, and how you can save thousands. How to Sell a House Without a Realtor in Indiana: Selling a home For Sale by Owner (FSBO) in Indiana means you avoid paying a listing commission, but there are challenges...
An Indiana real estate contract is a legally binding agreement between a buyer and seller for the purchase and sale of real property. This contract usually includes negotiated information like: Purchase price. Closing date and costs. Contingencies that must be met. State required seller disclosures.
Dec 15, 2023 · Download our free PDF and Word sample templates or generate an official Indiana real estate sale contract. Our purchase forms are blank & fillable.
- Elizabeth Souza
- To write a real estate contract in Indiana, you will need to identify and document the terms and conditions of the sale. The contract should also i...
- You can get out of a real estate contract in Indiana during several stages of the buying process. First, the offer must be accepted to make it bind...
- In Indiana, the effective date of a real estate contract is the date the buyer and seller agree to the terms of the contract and have it executed....
- In Indiana, a seller can get out of a real estate contract if the buyer’s contingencies are not met—these include financial, appraisal, inspection,...
- To fill out a real estate contract in Indiana, first, download our customizable Indiana real estate contract template. Filling out the template is...
Jun 26, 2024 · Selling your house by owner in Indiana can potentially save you from paying an average of $6,658 in realtor commission to a listing agent. [1] But selling your house for sale by owner (FSBO) doesn't guarantee savings.
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6 days ago · It costs $29,511 to sell a house in Indiana on average! Use our cost of selling a house calculator to see how much you'll pay when you sell your home.