If homes don't have a high enough price tag, a municipality could end up losing money. That’s because, under the state’s property tax caps, lower assessed values might not generate enough tax to cover the cost of city services.
The U.S. Olympic Committee has agreed to make Indianapolis-based USA Football part of its Multi-Sport Organization Council, giving the group access to sports officials that could someday decide to put football in the Olympics.
City officials say they recognize the need to revitalize Allisonville Road, and the area is a priority as the city creates a framework for the future through its comprehensive plan, which looks as far ahead as 2040.
A religious charity said it will finance a Syrian refugee family's arrival in Indiana — even if Gov. Mike Pence does not drop his order blocking state agencies from distributing federal funds intended to help settle refugees.
A lawsuit filed by the Indiana Attorney General's Office alleges that Green Frog Restoration owners James Twaddle and Wanda VanWinkle received more than $280,000 from Indianapolis-area residents for work that they never completed.
UnitedHealth Group Inc. should have stayed out of Obamacare's new individual markets longer, the CEO of the health insurer said Tuesday. The company expects losses from the plans this year and next to total more than a half-billion dollars.
Real estate firm Colliers International upped its stake in the Indianapolis market by acquiring locally owned Summit Realty Group. At the same time, former Colliers affiliate Resource Commercial Real Estate has reverted to its original name.
Recreational vehicle shipments from manufacturers to dealers are expected to increase 3.5 percent to 369,100 units this year. That's up from 353,400 units in 2007, the last year before sales tanked along with the economy.