IBJNews

Cincinnati-area builder Fischer expands to Indianapolis

Back to TopCommentsE-mailPrintBookmark and Share

A Cincinnati-area home builder is expanding to Indianapolis in hopes of selling as many as 200 homes this year.

Fischer Homes Inc., a privately held company based in the Cincinnati suburb Crestview Hills, Ky., is building in 17 communities around Indianapolis and plans to open an 8,000-square-foot design center at its local headquarters southeast of interstates 465 and 69.

“We think Indianapolis is a great market with tremendous potential,” Fischer President Bob Hawksley said in a statement.

The fast-growing company entered the Columbus, Ohio, market in 2008 after buying subdivisions from retreating builders. Fischer is using the same strategy to establish a foothold in Carmel, Westfield, Zionsville and Avon.

Several top players in the central Indiana residential market have folded in the last few years, including Davis Homes and CP Morgan in 2009. National player KB Home exited the market in 2007.

The local Fischer unit will be led by Tim McMahon, who previously ran the Indianapolis division of Centex Homes.

Fischer has built about 15,000 houses in Greater Cincinnati and Northern Kentucky since 1980. Its houses in the Indianapolis area will range in price from about $140,000 up to the $650,000 range.

Meeting its goal of selling 200 houses would place Fischer among the market's top new-home sellers. Only three builders, Beazer Homes, Ryland Homes and Arbor Homes LLC, built more than 200 houses locally in 2008. 

ADVERTISEMENT

  • Happy Customer
    We just finished closing a couple months ago on a home with Fischer. The whole process was handeled fairly well. There were a few glitches along the way, but the construction supv was always right on getting it corrected.

    He stayed in contact with us almost weekly throught the construction process with updates. They have also been fairly proactive after closing with some minor things that came up, which is something that I was worried with. Satisfied with the quality of workmanship throughouth.

    Very professional company being run here in Indy. Most of their employees seem to have come from other builders in the area.
  • Not the only one
    My husband and I are in the same boat as your client and over a year later. I honestly feel like we were working with the same person. We have repeatedly called and left messages and emailed our rep and the design center, as well as Victory Mortgage (the preferred mortgage company) with no response. We even got to the point of borrowing other phones or using another phone in our offices to call just so they might not know the number and answer. We are convinced that they screen their calls.
    Once we signed the contract and handed over the good faith deposit, the sales rep and the rest of the company became ghosts. So much for good faith! They had our money and we had questions... that were never answered.
    They estimated our monthly payments on programs we didn't qualify for and expected that we would be ok because we could possibly qualify before closing. We were promised a reduction in home price or interest rate, but when it came down to it, neither happened.
    If I would have seen this comment before we looked into them, we would have never thought about Fischer for a moment.
    Now we are without a house and dealing with the runaround.
  • Not impressed
    I'm a Realtor and recently sold a client a Fischer home in Columbus. My client was promised the world and NONE of it was delivered. Not only did no one call her to update her on the status of the build (during an over 4 mo process) but they didn't even return her calls! They went through 3 sales reps and 2 superintendants during the process so apparently their staff wasn't very happy either. They charged her for having rough ins which were originally in the contract. When I tried to make things right, I was basically berated and laughed at by the agents representing Fischer (including the regional sales rep). They knew my client was looking to get the $8K tax credit so they used that for their profit. I told one of the many reps I spoke with that I was going to write a blog about their lack of service and he laughed...said "is that like a cult or something". I'm sure he had a good laugh with his friends about it. I didn't think it was funny. Not only have I never seen a client treated like this, most builder reps try to make Realtors happy in hopes of repeat business. In this day and age, most businesses are catering to their customers more than ever...not subjecting them to such deplorable service. This may just be one experience but it's definitely noteworthy and seems indicative of how they are running the company here in Columbus.

    Post a comment to this story

    COMMENTS POLICY
    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
     
    You are legally responsible for what you post and your anonymity is not guaranteed.
     
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
     
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
     
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
     

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by
    ADVERTISEMENT

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
     
    Subscribe to IBJ
    1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

    2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

    3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

    4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

    5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

    ADVERTISEMENT