Property Lines

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Real Estate & Retail

More progress on blighted block

April 9, 2009
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44 E. Washington St.Another rundown building at the northwest corner of Washington and Pennsylvania streets is getting some attention after years of neglect. Workers are putting a fresh coat of paint on 44 E. Washington St., the former home of a savings and loan that's been vacant for years. Building owner Jay Kim said he's investing more than $80,000 on his own and also won a facade grant from Indianapolis Downtown Inc. to help with the project. He plans to revamp the entrance, add a new roof, paint the building on all sides and gut the interior in a bid to attract new tenants. Property records show the structure was built in 1919. To see a photo before the work began, click here.

(IBJ Photo/Robin Jerstad)
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