I'm sure traitor pence got a deal, but for the most part housing is turning ordinary homes into "Zimbabwe mansions".
A million dollar house is no longer considered “luxury”. There are beat up colonials going for that around here that will require additional millions to renovate. Newer turn key properties are going for 2 mil easily. Real estate is going crazy right now. Bidding wars are back.
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7 bedrooms
7.5 bath
10,300 sq ft
It is in Indiana—and in Carmel, there are only 4 on the market priced higher (as per zillow)...
https://nypost.com/2021/06/10/mike-pence-buys-1-9m-indiana-home-packed-with-amenities/
Not a luxury home??
In Indiana you get a lot of house for the money. This is one of the reasons people buy a house here.
Carmel is a very fancy and wealthy community. Large beautiful homes and access to the best to offer.
It is a good deal and it isn’t anywhere near a beat up Colonial somewhere else in America.
Agreed, that’s a great house for that price, under $200/ft, on five acres, it’s a steal by most comparisons.