April 17, 2013
Associated PressState officials estimate that about 10,000 Indiana homeowners will get help in making their mortgage payments under an expansion
of a federally funded foreclosure prevention program.
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February 25, 2013
Old National Bank is suing the operator of charter school that closed last summer in Indianapolis, claiming it failed to pay
off the $1.8 million balance on its mortgage.
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December 21, 2012
A lawsuit from the lender claims that Women's Physician Group still owes $8.7 million on a $9 million loan it received for
a northwest-side building.
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December 13, 2012
IBJ Staff, Bloomberg News, Associated PressHome repossessions rose in 29 states and the District of Columbia in November, led by an increase of 96 percent in Indiana.
However, the number of homes starting on the path to foreclosure declined to the lowest level in six years.
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November 21, 2012
Scott OlsonThe three complexes are Dogwood Glen Apartments on the city's northwest side, Elmtree Park Apartments on the far-east side
and Heathmoore Apartments on the southeast side.
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November 5, 2012
Scott OlsonThe buildings on the northwest side of the city total nearly 200,000 square feet and are owned by an affiliate of a company
that operates 12 cemeteries and four funeral homes throughout Indiana.
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October 15, 2012
Cory SchoutenA lender has filed to foreclose on the Uptown Business Center, a neighborhood retail building at the southwest corner of 49th
Street and College Avenue that a local developer had hoped to use as a springboard to revitalize the intersection.
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October 1, 2012
Scott OlsonA Marion Superior Court judge has appointed a receiver to manage the seven-story building in downtown Indianapolis that is
facing foreclosure. A lender to the building's owner claims it is owed $10.5 million.
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September 28, 2012
Scott OlsonThe Indianapolis developer will continue to own its corporate headquarters at 117 E. Washington St. after reaching a settlement
with two banks that had filed a lawsuit to foreclose on the building.
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September 25, 2012
Associated PressMore than 37,000 Indiana borrowers who lost homes to foreclosure soon will receive claim forms for payments under the national
mortgage settlement.
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August 27, 2012
A nearly 100,000-square-foot office building on East 46th Street in Indianapolis is in foreclosure after lenders found the
owner in default on a $4.5 million loan. A hearing to appoint a receiver to manage the property has been set for Sept. 5.
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August 9, 2012
Scott OlsonIndianapolis-based developer Centre Properties is the target of another foreclosure suit, this one involving Pyramid Place
Shoppes, a retail center in a busy shopping area on the city's northwest side.
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August 9, 2012
Bloomberg News, Associated PressThe number of homes that received an initial notice of default — the first step in the foreclosure process — increased
6 percent in July compared to the same month last year. Foreclosure starts rose 83 percent in Indiana.
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July 12, 2012
Associated PressMore than 1 million properties experienced foreclosure filings in the first half of 2012. Twenty states saw a first-half rise
in foreclosure activity from the same time a year ago. Indiana had the biggest rise on a percentage basis, with a 32-percent
increase in foreclosure activity.
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June 4, 2012
The owners of Arbor Green Apartments on the city's northeast side owe nearly $15.9 million on a 2008 loan, according to court
documents.
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May 26, 2012
The $182 million awarded to the state by the federal government was based on the unemployment rate, which is falling.
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May 18, 2012
Munster-based Citizens Financial Bank claims the owner of the building at 1340 E. County Line Road owes $4.1 million on a
loan originating from 2002 and is seeking to have a court-appointed receiver manage the building's operations.
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May 4, 2012
Scott OlsonThe health care company that once promised to create 900 jobs in central Indiana has agreed to cease operations after a major
lender moved to foreclose on the struggling Indianapolis-based business.
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April 12, 2012
Associated PressActual foreclosures sank to a five-year low in March, but the number of homes entering the foreclosure process is on the rise
again.
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March 15, 2012
Associated PressIndiana saw default notices climb 37 percent in February compared to February 2011. Scheduled home auctions were up 92 percent
from the previous year.
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March 10, 2012
Kathleen McLaughlinLISC, a not-for-profit lender, says it has not received any payments on its $515,265 construction loan since Jan. 1, 2011,
and is owed more than $228,000.
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February 24, 2012
Scott OlsonThe estate of Richard J. Salewicz, who died in 2010, is named in the foreclosure suit that also targets Tyson Corp., the company
he owned on the southwest side of Indianapolis. Local accounting firm London Witte is not part of the court action.
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February 16, 2012
Associated PressBanks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating
after slowing sharply last year. Foreclosures were up 69 percent in Indiana compared to January 2011.
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February 15, 2012
Scott OlsonThe lender claims owner Blue Real Estate defaulted on an $8.5 million loan on the historic building after failing to make
payments beginning in July 2011.
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February 9, 2012
Associated PressIndiana homeowners will receive about $43 million in refinanced loans while other borrowers will get $30 million worth of
loan-term modifications and other relief as part of a $25 billion nationwide settlement with the country's biggest mortgage
lenders.
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Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."