Eagle Creek Indianapolis

[Eric Schultz]

Does anyone currently own rental properties near Eagle Creek Reservoir / Park / Airpark (Indianapolis) that could share their experience? Is this area desirable? The 1% rule seems to apply still. Thank you.

[Heather Swope]

I have a place near Eagle Creek. It's on a finger of the reservoir. I recently changed insurance  companies and after paying, they came back and said they were going to drop me because  the house is on a lake. They gave me two weeks notice. I got  more time from them, butI  still have to change insurance companies.  Keep this in mind when looking for  a place.

I also concur with what William said. The HOA my place is in held a secret meeting to which they did not invite me. At this meeting they decided to disallow rentals.I was grandfathered because I already had the rental, but the HOA demanded I give them all sorts of info on my renters that it isn't even legal for me to disclose, for example their SSNs. I had to get my attorney involved.