May 08, 2026

What Are My Housing Options When I'm Ready to Move?

From Condos to 55+ Communities: Finding Your Perfect Fit

One of the best-kept secrets of downsizing is that your options are far more diverse than you might think. It's not just "buy a smaller house" or "move into a nursing home." The housing landscape has evolved dramatically, especially for active seniors and empty nesters. Let's explore the full spectrum of options available in the Hendricks County market and beyond.

Traditional Single-Family Homes (Smaller)

A smaller single-family home offers independence while reducing maintenance. Think: a 2-3 bedroom home versus your current 4+ bedroom. Benefits include yard space (optional), no HOA fees, and full ownership. Drawbacks: still requires yard maintenance and full home care. This works well for people who want autonomy but can manage smaller-scale upkeep.

Condominiums

Condos offer townhouse or apartment-style living with exterior maintenance (lawn, roof, exterior walls) handled by the HOA. You own your unit, pay a monthly HOA fee, and often enjoy community amenities. Perfect for people who want the independence of ownership without yard work. Downside: HOA fees and less control over exterior decisions.

Active Adult Communities (55+ or 55+)

These age-restricted communities (55+ or sometimes 62+) are booming. Residents enjoy social activities, fitness facilities, recreation centers, and often lower HOA fees because the demographic has fewer families. Homes are typically single-story or highly accessible. Communities in Hendricks County include Arbor Hills (Avon), Villas of Tanglewood (Plainfield), and others. Great for people who want community and peer engagement.

Luxury 55+ Communities

Higher-end communities offer premium finishes, concierge services, fine dining options, fitness centers, cultural programming, and social events. Investment is higher, but so is the lifestyle quality. These appeal to affluent retirees who want to maintain an active lifestyle with curated experiences.

Apartment Living / Rentals

Renting a condo or apartment offers maximum flexibility: no property taxes, no maintenance, no repairs, move-out freedom. Ideal for people who want to test-drive downsizing, are financially liquid, or don't want the burden of ownership. Drawback: monthly rent (not building equity) and landlord limitations on customization.

Continuing Care Retirement Communities (CCRC)

A CCRC is a continuum-based community offering independent living, assisted living, and skilled nursing care on one campus. You transition as your needs change. Requires an upfront entrance fee plus monthly fees. Works for people who want one location for life and prefer comprehensive care planning. Steep investment but peace of mind.

Senior Rental Communities

Similar to CCRCs but rental-based (no entrance fee). Monthly rent covers housing, meals, activities, and services. More affordable entry point than CCRCs. Good option for people who want supported living without a large capital commitment.

Accessory Dwelling Units (ADU) / In-Law Suites

Convert your home or add an ADU for a family member, then downsize the main living space or move to a smaller home. Offers flexibility and keeps family close. Requires property zoning allowance and upfront investment, but provides rental income potential.

Co-Housing / Intentional Communities

A newer model gaining popularity: small clusters of independently owned homes or units with shared community spaces, meals, and activities. Residents maintain privacy but enjoy built-in community. Less common in Indiana but growing. Appeals to people seeking connection without institutional settings.

Matching Your Needs to Housing Options

Ask yourself:

• How important is ownership vs. flexibility?

• Do I want community engagement or independence?

• What's my maintenance comfort level?

• Am I thinking 5 years or 20+ years?

• What services do I anticipate needing?

Touring Communities and Asking the Right Questions

When you visit potential communities, ask about: amenities, HOA/monthly fees (what's included and what's not?), future fee increases, community demographics, pet policies, customization allowed, and wait lists. Spend time in the community—eat in the dining room, chat with residents, visit at different times of day. First impressions matter, but so does understanding the daily reality.

Ready to explore your options?

I'm DeAnna Murphy, a senior transitions and downsizing specialist serving Hendricks County and central Indiana. I help families like yours navigate this major life decision with expertise, compassion, and a deep understanding of local housing options.

Let's talk about what's possible for you. Contact me today for a confidential, no-pressure conversation.