Apartment sellers testing market again
Several apartment properties are back on the market as owners try to appeal to private investors looking for deals before higher interest rates and inflation dampen their enthusiasm.
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Prosecutor drops arson charges in Cosmopolitan fire
Homeless man Brandon Burns had been accused of setting the massive blaze.
Homicide rate calls mayor’s claim into question
Indianapolis recorded its third homicide in three days on Sunday, when police said Julian Brown was shot after kicking down
the door to his ex-girlfriend’s apartment. Witnesses told police that Brown and his ex-girlfriend had been arguing just
before dawn when he entered her residence at Mallard Cove Apartments on the city’s northeast side. He died on the way
to the hospital. Detectives are still searching for his assailant. Brown’s death comes at a time when Mayor Greg Ballard
says violent crime is down nearly 30 percent. But neighborhood crime watch groups disagree. Sunday's murder marks the
56th homicide in Indianapolis this year—compared to 32 at the same time last year.New monthly event aims to recruit downtown residents
Indianapolis Downtown Inc. is launching a new monthly event to encourage more people to live downtown just as real estate
brokers say interest in available homes is picking up.New home construction rises, but permits sink
A drop in building permits, a gauge of future activity, along with the expiration of a government tax credit for home purchases
suggest the construction gains could fade soon.Teens shot in fight over girl
Police say a fight over a girl was the possible cause of a shooting overnight that severely injured two 15-year-old boys.
The shooting happened about midnight in the courtyard at Linwood Square Apartments on the east side of Indianapolis. Police
say one of the boys was shot in the back, severing his spine. Detectives say the other was shot in the leg. Both were taken
to Riley Hospital. Police are looking for suspects.
Group plans reuse of historic former elementary school
A former elementary school built in 1905 is getting a new use for the second time since the last schoolchildren departed
in 1979.Indiana contractors scramble for certification to remove lead
New U.S. Environmental Protection Agency rules force precautions on paint chips, dust.
Ex-policeman charged with arson
A former Indianapolis police officer suspected of setting a series of fires in apartments and vehicles has been charged with
six counts of arson. The charges filed Wednesday accuse 31-year-old Jesse Russell of setting fires in clubhouses of two apartment
complexes and in a vacant apartment in a third complex. Marion County prosecutors also say Russell set fire to a box truck
and the "Chicken Limo." Fox59 will have more at 4 p.m.Fort Ben home, condos headed to auction
The former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old army base are being auctioned June 17, a reflection of the difficulty of selling high-end condos in a soft real estate market.
Proposed development near Lilly campus could include hotel
Indianapolis developer Buckingham Cos. is in discussions to build a mixed-use development that could include apartments, shops,
office space, and a hotel and conference center.Armed robbers hit apartment complex
Indianapolis police are looking for two men who held up numerous people early Tuesday on the west side of Indianapolis. Police
say two of the victims were talking inside a car at the Cambridge Station Apartments of West 10th Street when they were approached
by the men with guns. The men took cash and cell phones before forcing an 18-year-old to open the door of a basement apartment.
The men then robbed three women in that apartment, taking money and cell phones. Police say one man also took an Xbox by shoving
it into a purple Hannah Montana bag. One suspect was wearing a rainbow polka-dot shirt. Both were wearing Jabbawockeez masks.
Fox59 will have more at 4 p.m.Restoration begins on vacant Washington Street buildings
A local group has begun restoration of two long-vacant buildings along Washington Street just east of Meridian Street.
Long-vacant Washington Street buildings headed for revival
Workers are restoring facades on two empty buildings along Washington Street just east of Meridian Street as part
of
a
retail
and residential redevelopment.New rendering for Washington Street project
The developers repairing two long-vacant buildings at Washington and Meridian streets has released a new rendering of the
project.Home construction sinks, building permits down
May saw a 17-percent decline in the single-family home market, which had benefited earlier in the year from federal tax credits.
It was the largest monthly drop in single-family construction since January 1991.Westfield residents to hear plans for $1B development
The Estridge Cos., a Carmel-based home builder, will present details of the massive project—mixing condos, apartments
and retail with a $15 million stadium—at a public hearing
Monday evening.PNC foreclosing on Janus Lofts building
Pittsburgh-based PNC Bank has filed to foreclose on the historic five-story Janus Lofts building at 240 S. Meridian St.
Buckingham thinks big with plans for downtown development
Will the latest ambitious downtown development proposal finally master the formula for transforming a downtown surface parking
lot?Fort Ben home, condos fail to sell at auction
Auction turns up no buyers for the former home of the commanding general at Fort Benjamin Harrison and four condominiums at
the old Army base.