Residential Real Estate

Metro-area building permits rise in September

October 10, 2012
Home builders in the Indianapolis area filed 339 permits in September, bringing the total to 3,191 through the first nine months, an 11-percent increase from the same period last year.
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Milhaus buying site for more downtown apartments

October 9, 2012
Tom Harton
The local developer has agreed to purchase the former Mitchell & Scott industrial complex in the 600 block of College Avenue and is in the process of pulling together a plan for the site.
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Defender Direct acquires Williams Comfort Air

October 3, 2012
Scott Olson
Home-security and satellite-dish installer Defender Direct Inc. has acquired local heating, cooling and plumbing powerhouse Williams Comfort Air, creating a home-services company with nearly 2,200 employees and $335 million in annual revenue.
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Developer targets long-empty College Avenue retail building

October 2, 2012
Tom Harton
Teagen Development Inc. has a purchase agreement for the 6,600-square-foot building at 1101 N. College Ave., rescuing it from an attempt—since withdrawn—to demolish the structure.
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Fishers Marketplace gets new life under Thompson Thrift

September 25, 2012
Tom Harton
A high-end apartment project and neighborhood retail center are scheduled to break ground soon as the first components of the retooled Fishers Marketplace development at State Road 37 and 131st Street.
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Indianapolis set for sweeping zoning overhaulRestricted Content

September 22, 2012
Cory Schouten
Code dating to 1969 to be updated to encourage density, sustainability and mass transit.
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VON DEYLEN: Stay the path toward revitalized Fountain SquareRestricted Content

September 22, 2012
Craig Von Deylen / Special to IBJ
What most people consider Fountain Square is actually a combination of three neighborhoods: Fountain Square, Fletcher Place and Holy Rosary. In 2005, I started working on my first project in this area, and it has changed the direction of my professional path in just about every way possible.
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Senior housing slated for old Lawrence school building

September 21, 2012
Scott Olson
The Whitsett Group plans to invest $6.5 million to convert the building on East 46th Street into 60 senior housing units. The Lawrence Township school district put the structure on the block, and Whitsett submitted the winning bid.
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City approves $15.7M senior-living center on east side

September 20, 2012
Mainstreet Property Group LLC plans to build a 100-bed facility at 16th Street and Arlington Avenue on nine acres where Raytheon Technical Services Co. LLC once operated.
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Area home-sale contracts up again in August

September 13, 2012
Purchase agreements in the nine-county area totaled 2,151 during the month, a 5-percent increase from August 2011. Year-to-date sales are up 14 percent compared with the same time last year.
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Area homebuilding permits on the rise in August

September 11, 2012
Builders in the nine-county Indianapolis area filed 408 construction permits in August, a 15-percent increase from the same month a year earlier, according to the Builders Association of Greater Indianapolis.
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Virginia Avenue attracts yet another project

September 11, 2012
Tom Harton
Englewood Development has under contract the former Shirley Engraving property at 460 Virginia Ave., where it plans up to 50 apartments, about 5,000 square feet of retail space and an underground parking garage.
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Lake Wawasee house sale is largest of year for local listing serviceRestricted Content

September 1, 2012
Encore Sotheby's local office represented seller in the $3.8 million sale to a local buyer.
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Lucases put imprint to Hilbert mansionRestricted Content

August 25, 2012
Sam Stall
Forrest and Charlotte Lucas kept original touches including a painting with original owner Steve Hilbert holding a spear, but otherwise aimed to make the mansion more casual. (with 360-degree photos)
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Remodeling rebounds as homeowners opt to fix what they haveRestricted Content

August 25, 2012
Cory Schouten
More homeowners are taking the plunge on pricey home remodeling projects—ranging from kitchens, bathrooms and basements to outdoor living areas and whole-house makeovers—after a roughly five-year lull that began with the housing downturn.
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At Home Quarterly: Marketplace statsRestricted Content

August 25, 2012
 IBJ Staff
See Indianapolis-area home sales, mortgage rates, demographic trends and neighborhoods. Also included are the most expensive home sold this year and examples of what $750,000 can buy.
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Custom electronics directoryRestricted Content

August 25, 2012
 IBJ Staff
An IBJ directory of custom electronics installation companies.
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Wynkoop snags first place in solo agent categoryRestricted Content

August 25, 2012
 IBJ Staff
Scott Wynkoop took first place in the solo category of IBJ’s annual list of All-Star Agents for the second straight year.
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Ward takes top All-Star Agents spot againRestricted Content

August 25, 2012
 IBJ Staff
Bif Ward extended her reign at the top of IBJ’s annual list of All-Star Agents for the fourth year in a row.
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Package of 16 apartment complexes back on the market

August 21, 2012
Scott Olson
The local Zender Family Limited Partnership again is attempting to sell the buildings after failing to attract a suitable buyer four years ago. The family is expecting better results this time because it's willing to break up the portfolio and sell the buildings individually.
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Troubled Di Rimini apartment building closer to opening

August 15, 2012
Scott Olson
A controversial downtown Indianapolis apartment building that never opened due to severe design deficiencies is a step closer to being ready for tenants after city officials granted the project’s new owner a zoning variance.
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Area home-sale agreements jumped in July

August 15, 2012
Purchase agreements in the nine-county Indianapolis area tracked by F.C. Tucker Co totaled 2,219 in July, a 9.7-percent increase over the same month last year. Overall year-to-date sale prices for the nine-county area increased by 2.5 percent, to $154,975.
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Indiana Landmarks still trying to save pre-Civil War home

August 14, 2012
Tom Harton
The Cotton-Ropkey House was built in 1850 and features Greek Revival and Italianate features, including six-over-six windows, walnut floors and crown moldings.
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Area homebuilding permits jump 21 percent

August 9, 2012
Scott Olson
Builders in the nine-county area filed 373 construction permits in July, a 21-percent increase from the same month last year, according to the Builders Association of Greater Indianapolis.
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National, state foreclosure starts on the rise

August 9, 2012
Bloomberg News, Associated Press
The 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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