The property is ours!

We finally closed on the new property. No surprises.

On the way back to Bloomfield we stopped off to see how much TYVEK wrap costs. Much of the original wrap has deteriorated and needs to be replaced as you can see below. The entire west end is currently unprotected. We'll start looking for some type of siding that will go over it.


Handsome isn't it?

Then we went out to celebrate at Bloomfield's Mexican restaurant. Ole!

We accept!

I called the agent today to say we have accepted the seller's counter offer which was lowered a bit more the day after it was made.

I checked the cost of installing a water meter and an electric meter. I called a few builders to see what the pole barn would cost if built today. I checked with the county health department about the septic system and estimated what it would cost if installed today. Finally, I called the previous owner who told us the price for which the property sold before.

Adding it all up, the latest counter offer seemed more reasonable than it first did.

The agent agreed to meet us to sign the acceptance and to give us a key to the barn. Now we can take the rest of our things directly there. Closing will occur as soon as the seller gets her paperwork ready.

Counter offer from seller

The real estate agent just called to say the seller has made a counter offer but has accepted all our other terms, specifically, removing all the contents of the barn and the very old bus on the outside and allowing us to use the barn for storage before closing.

The counter offer isn't much lower than the asking price, but we'll think more about it tomorrow. We need to make some calls to see what the pole barn would cost to build, and figure in the value of the septic system and the water and electric meters.

The offer to buy

Today we made an offer to purchase the property on Route 54. We asked for a quick reply and also asked, if it is accepted, that we be given access to the barn before closing so we can begin moving things into it. This would save us one move for most of our belongings.

We are currently renting storage space near the Raccoon Creek Community site. That has allowed us to partially empty the house in Indianapolis to make it look larger, not that it really needed to look larger. It's over 3000 square feet plus a basement and an attic in which one can stand up.

We noted in the offer that the property might be purchased by a limited liability company (LLC) rather than us as individuals.

More good news

Today we learned the property already has a water meter and a septic system connected to the barn. Earlier we saw the electric meter on the barn, a telephone pole, one of those short green ones, at the road, and noticed a gas meter on a small adjacent property suggesting that we could easily add gas if we wanted to. This means, if we make an offer on the property, we can turn on the electricity right after closing on it.

We made a commitment on the apartment in Bloomfield. Even if we don't get the Route 54 site, we can begin moving our things from Indianapolis. We are closing on that sale at the end of this week.

More details on the Route 54 property

Today we drove back to Bloomfield to gather information about the property and look for temporary rental options. We visited a nice apartment building that had a vacancy that is available on a month-to-month basis.

We drove "around the block" at the property, a distance of about 4 miles. Then we stopped at a property across the county road but no one was home. We walked the property again, and decided to drive by the neighbor's one more time.

This time there was someone there and we stopped to talk. It was the son of the late owner who was working in the garden. He explained that the property had belonged to his grandparents. His brother had sold it to the current owner. He seemed to be happy with the idea of its being purchased by someone who would not abuse it.

He suggested we talk to his brother who owns the property immediately south of the "target" property. We drove down the county road and knocked on the neighbor's door. We had a wonderful talk with the owner and his wife, for over two hours! He took me for a ride around his property and suggested that he might be interested in selling a piece of it adjacent to the property we are considering.

This gives us a second option in the neighborhood. On our next trip we'll look up the taxes and other details at the court house.

Looking for property

We had planned to be moved from our too-large home in Indianapolis by the fall of 2006. Since it became clear we would not be getting the zoning we needed, multi-family, at the site in Owen County before the end of 2007, if at all, we decided to begin looking for another site.

We had hoped to build clustered homes, some of which would share walls, design the least intrusive system we could afford to process our waste, not subdivide the property, and incorporate other perhaps unconventional features in the homes. Part of the problem was dealing with county entities, some of whose members, to be polite, weren't very open to new ideas. So we decided to center our search on Greene County which has no zoning ordinances and, consequently, no need to apply for variances or changes.

Our goal was to get our life in the country underway with as little further delay as possible, and to get out of Indianapolis where our property taxes rose another 90% this year (after a nearly-200% raise just a few years ago), so we decided we would consider appropriate property between 3 and 25 acres. If we could find a nice property that was larger, then an intentional community might still be incorporated. If an appropriate property was smaller, we would consider it for just our own use.

We started looking at properties at the end of June. Of the suggestions from a few real estate agents, and some we found ourselves while driving the area, we visited three properties, all in Greene County. Two showed promise and we visited them again today, the Fourth of July.

One of them, east of Worthington, though it was a beautiful, forested property with lots of hills facing various directions, had serious access problems that would cost a lot of money to overcome. We had a nice talk with the adjacent landowner whose permission would be needed to access the property without a lengthy and hilly new road.

The other is on State Road 54, just under 8 miles east of Bloomfield, the Greene County seat.

After looking it up on the internet, we walked the property to see if it would work. It's over 16 acres, virtually all on a south-facing hill, has a small pond, a large pole barn and, as we found out later, a small spring. It is partially wooded and has a beautiful south view of Greene County hills into the distance.

We have decided to pursue this property and will return tomorrow to see if we can ask some of the neighbors about it.