HomeMy WebLinkAboutImpact Study 1-20-09 update Cell Tower @ 141st Street
Updated as of 01/20/2009
141St Street -Hamilton County
The American Tower wireless tower constructed at 2525 W 141St Street Westfield
IN, 46074 is surrounded by several existing and newly constructed homes. The
prices range from $7,000-$979,000. Average sale price is estimated at $344,000
with 79 Days on the market. There are 48 Active Listings, 112 Listings that have
sold within the past 12 months and 10 pending listings. The market area was
determined by a 1 mile radius from the existing tower site and the statistics were
gathered from data within the past 12 months. Village of West Clay, Heather
Knoll, Lakeside Park are just a few of the subdivisions within a 1 mile radius of
the existing monopole tower.
This area has been developed to a thriving residential area. This monopole
tower has been in view as homeowners made the decision to buy and/or build a
new home in this area. The pictures are from several view points of the
monopole tower. Many homes/subdivisions have visible sight of the tower but
the tower does have a natural buffer to block the view from some view points.
It seems in this area the marketability of residential homes has not been an issue
and the values have only been affected by this down market.
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