Fishers, IN real estate: buy or sell with a local AXEN agent
Fishers caps single-family rentals at 10 percent per subdivision. A rental permit ends when the home sells, so a buyer may not be able to keep renting it. Check the city's Rental Capacity Map before you buy a home to rent.
What are the popular neighborhoods in Fishers?
Popular Fishers neighborhoods include Nickel Plate District, Geist Reservoir, Saxony, 116th Street corridor, Olio Road corridor and Fall Creek Township. Each one prices differently, so ask your agent for recent sales in the ones you like.
Also near Fishers:
What should you know before buying a home in Fishers?
If you plan to rent the home, check the subdivision on the city's Rental Capacity Map and get a pre-approval, which holds your spot for 60 days. The city bills sewer, trash and stormwater to the owner. Water comes from Citizens Energy Group or American Water, based on the address.
The rules that apply everywhere in Indiana are on the Indiana page. These are the Fishers details that trip people up.
Get pre-approved →- There is a 10% rental cap. Starting January 1, 2026, every single-family rental in Fishers, including townhomes and platted condos, must be registered. If a subdivision is at or over 10% rentals, new rental permits are denied.
- Get a pre-approval before you buy a rental. If the subdivision has room, the city gives a pre-approval that holds your spot for 60 days while you buy. You still must register once you own it. There is no fee to register.
- Your HOA can be stricter. The city cap is the floor, not the ceiling. HOA covenants can limit rentals even more. Read the covenants before you buy a home to rent.
- The city sends the sewer bill. Fishers owns the sewer and stormwater systems and runs a citywide trash contract. Bills go to the owner on county records. In 2026 the city moved stormwater onto the same monthly bill as sewer and trash.
- Check your water and power company. Water comes from Citizens Energy Group or American Water. Power comes from Duke Energy or NineStar Power. Ask the seller for recent bills so you know who to call.
What should you do before selling a home in Fishers?
Fill out the Indiana seller disclosure before you accept an offer. If the home is a rental, tell buyers the city permit does not pass to them. Send the city a stop request so the sewer account leaves your name.
Your rental permit does not pass on.
By state law, Fishers rental permits last until the owner changes. The buyer must apply on their own, and if the subdivision is at the cap, the city will deny it.
Give the disclosure before you accept an offer.
Indiana law makes most sellers of 1 to 4 unit homes fill out State Form 46234. You must give it to the buyer before an offer is accepted. It is not a warranty.
Stop the sewer account in your name.
Fishers bills owners based on county records. Send a start-stop request so the change is made before the next billing run.
Fishers real estate questions
Can I rent out my Fishers home?
Only if it is registered and gets a permit. If your subdivision is at or over 10% rentals, a new permit will be denied. Homes outside city limits do not need to register.
Does the rental cap apply to Airbnb?
No. The rental cap ordinance does not cover short-term rentals. Those follow Section 5.4.6(D) of the Fishers Unified Development Ordinance.
What are the fines for an unregistered rental?
After a 30-day courtesy notice, the city can fine $250 for not registering and $1,000 for renting without a permit. Fines must be paid even if you fix it later.
Is stormwater in my taxes or HOA dues?
No. Stormwater is a separate city charge. Starting in 2026, it shows up on the monthly city bill with sewer and trash.
How do I appeal my assessed value?
File Form 130 with the Hamilton County Assessor. If your notice was mailed before May 1, the deadline is June 15 of that year.
Buying or selling in Fishers? Talk to a local agent.
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