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Gray Eagle · Fishers · Fall Creek Township

Homes for Sale in Gray Eagle, Fishers

Seven sections around Gray Eagle Golf Club near 126th Street and Brooks School Road, from newer two-story homes in Hawks Landing and one-level homes in the Bluffs to the larger houses in the Woods. Here is what each section sells for.

The Gray Eagle market right nowSingle-family closings · 12 months through September 2026
30Sales, last 12 monthsPrior 12 months: 28
$660,450Median sale priceWas $594,698 the year before
10.5Median days on marketWas 11.5 the year before
99.8%Of list price, average47% sold at or above list
Middle 80% of sales ran $550,900 to $821,750; median $146 per living sq ft on a median 4,639 sq ft. “Last 12 months” is October 2025 through September 2026; the year before is October 2024 through September 2025. At 30 sales a year, one or two big closings move the median, so I pull actual comparables for any specific house. Source: MIBOR Broker Listing Cooperative, single-family closings with the MIBOR BLC subdivision name Links At Gray Eagle, Bluffs At Gray Eagle, Woods At Gray Eagle, Hawks Landing, Gray Eagle, Highlands At Gray Eagle, Cottonwood Creek At Gray Eagle, pulled October 23, 2026.

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The honest version

What Gray Eagle Is Actually Like

Gray Eagle is the group of neighborhoods around Gray Eagle Golf Club, near East 126th Street and Brooks School Road on the northeast side of Fishers, in Fall Creek Township and ZIP 46037. On the MIBOR BLC, homes here are listed under seven section names with sales in the last two years: the Bluffs, the Links, the Woods, the Highlands, Cottonwood Creek, plain Gray Eagle and Hawks Landing.

Together they recorded 30 single-family closings in the last 12 months and 28 the year before, at a median of $660,450 against $594,698. Homes went under contract in a median of 10.5 days, against 11.5 a year earlier, and 47% closed at or above list.

58 sales in two years, from $395,000 in Hawks Landing to $1,011,500 on Callaway Drive in the Woods.

What you are actually buying: a house usually built between 1999 and 2012, near the golf course, with Hamilton Southeastern schools. What you are giving up: new construction and much of anything under about $400,000. Most of these houses are 20 to 27 years old, with Hawks Landing the newest at 2007 to 2015, so price in the roof, HVAC, windows and water heater on each one.

How it breaks down

What to Know Before You Buy in Gray Eagle

Seven sections with their own price ranges and HOA dues. Sales below are the 58 closings from October 2024 through September 2026. Square footage is the MIBOR BLC total, which can include a finished basement.

The Bluffs at Gray Eagle

10 sales from $450,000 to $645,000, all on Duval Drive and built 2001 to 2003. Nine of the ten were one-level plans, most with two or three bedrooms. A 2026 listing shows assessments of $223 a month covering lawn care, irrigation, snow removal, mulching and trimming; confirm the current figure for the specific house.

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The Links at Gray Eagle

15 sales from $551,000 to $760,000 on Landwood Drive, Gray Eagle Drive, Millen Drive and Silverstone Drive, built 1998 to 2002. Almost all two-story with four or five bedrooms. One Gray Eagle Drive house sold twice.

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Gray Eagle

8 sales listed under the plain Gray Eagle name, from $520,000 to $817,500 on Gray Eagle Drive, Duval Drive, Cirrus Drive and nearby streets, built 1998 to 2009. All two-story with four or five bedrooms.

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The Highlands at Gray Eagle

4 sales from $589,900 to $750,000 on Talon Crest Drive, Cirrus Drive and Witherbee Drive, built 2005 to 2007.

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The Woods at Gray Eagle

10 sales from $660,000 to $1,011,500 on Darsley Drive, Callaway Drive, Skyhawk Drive and nearby streets, built 2000 to 2013, and the top of the neighborhood. Most had five or six bedrooms.

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Hawks Landing

9 sales from $395,000 to $560,000 on Hawks Landing Drive and Hawks Nest Drive, built 2007 to 2015, at the east side of Gray Eagle. All two-story, mostly four bedrooms, and the most affordable section here.

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Cottonwood Creek at Gray Eagle

2 sales in two years, $665,000 on Largo Drive and $725,000 on Tavernier Drive, both two-story.

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The golf course

Gray Eagle Golf Club is at East 126th Street and Brooks School Road. In 2018 the course owner announced it would close at the end of 2019. In 2021 the City of Fishers, the Gray Eagle Homeowners Association and developer J.C. Hart announced a plan to keep it open, with a residential development planned on about 21 acres of the driving range. In September 2023 the Fishers City Council approved a new clubhouse, a two-story hitting bay and a restaurant, with range netting up to 160 feet tall (Indianapolis Business Journal). If you are looking at a house near the range, ask about the netting and the current construction.

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The HOA

HOA dues vary by section, and some sections, like the Bluffs, include lawn and snow service. The Gray Eagle Homeowners Association is also named in the 2021 golf course agreement. Confirm the dues and what they cover for the specific address.

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All 15 Fishers neighborhoods in one guide

The free Fishers Real Estate Market Guide puts this neighborhood next to 14 others, with builders, prices, taxes, HOAs and the 12 questions people ask me most. Every number has a source.

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Schools

Hamilton Southeastern

Gray Eagle is served by Hamilton Southeastern Schools. Which elementary, intermediate, junior high and high school an address feeds into can change with boundary updates, so confirm the assignment for the specific address with the district.

The November 3 referendum passed

Hamilton Southeastern Schools put an operating referendum on the November 3, 2026 ballot: up to 36 cents per $100 of assessed value for up to eight years, capped at $47.5 million a year. Voters approved it on November 3, 2026, 58.3% to 41.7% (25,624 to 18,309, unofficial Hamilton County results). It replaces the referendum voters extended in 2023 (Indiana Department of Local Government Finance determination, June 23, 2026). Referendum rates sit outside the 1% cap, so budget for it.

Living here

Getting Around, Taxes & Fit

Getting around

The neighborhood sits north of 116th Street, near East 126th Street and Brooks School Road.

Taxes

Indiana caps homestead property tax at 1% of gross assessed value under the circuit breaker, so most owner-occupants land at or near that figure before any voter-approved referendum rate, which sits outside the cap. Rentals and second homes are capped at 2% and should be modeled separately. Hamilton County's local income tax is 1.1%, unchanged in the Indiana Department of Revenue's county rate notice effective October 1, 2026. Confirm assessments with the Hamilton County Assessor.

Who Gray Eagle is wrong for

If your budget is under about $550,000, see Windermere or Spyglass Hill and Spyglass Falls. For larger houses around a private club, see Hamilton Proper. For all of Fishers, see my Fishers guide.

Questions I get weekly

Buying in Gray Eagle

What do homes in Gray Eagle sell for?

The median single-family sale across the Gray Eagle sections was $660,450 over the 12 months through September 2026, on 30 closings, with the middle 80% between $550,900 and $821,750 (MIBOR BLC).

Which neighborhoods are part of Gray Eagle?

On the MIBOR BLC, homes here are listed as Bluffs at Gray Eagle, Links at Gray Eagle, Woods at Gray Eagle, Highlands at Gray Eagle, Cottonwood Creek at Gray Eagle, plain Gray Eagle and Hawks Landing.

Are there ranch homes in Gray Eagle?

Yes, mostly in the Bluffs at Gray Eagle on Duval Drive, where nine of the ten homes that sold in the last two years were one-level plans. Elsewhere in Gray Eagle, nearly every sale was two-story.

What are the HOA dues in Gray Eagle?

They vary by section. A 2026 listing in the Bluffs at Gray Eagle shows $223 a month covering lawn care, irrigation, snow removal, mulching and trimming. Confirm the current dues for the specific address.

What school district serves Gray Eagle?

Hamilton Southeastern Schools. Confirm the school assignment for the specific address with the district.

Your Realtor

Thinking About Gray Eagle? Let's Talk.

I'm Wes Johnston, a Realtor with Trueblood Real Estate, based in Fishers. I cover the whole Indianapolis metro, and every guide on this site is built the same way: MIBOR numbers, public sources, and the trade-offs a listing description won't mention.

My job isn't to open doors. It's to tell you what a house is actually worth, what's wrong with it, and whether it's the right move for what you're trying to do — then negotiate hard on your behalf and own the process from contract to close.

If you're two years out, that's fine. Most of my best clients started with a question, not a showing.

Wes Johnston
REALTOR® · Trueblood Real Estate · License #RB18001276

Fishers-based. Honest numbers, every part of the metro. Committed to your success.

For buyers

See Gray Eagle Listings the Day They List

About 30 homes sell here a year across seven sections. A saved search gets you each new listing the morning it hits the market.

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For sellers

What's Your Gray Eagle Home Worth?

Not a national algorithm guessing from square footage. A real valuation based on what's actually selling near you, from someone who has been inside those houses.