Project calls for 60 new homes in near-north neighborhood
King Park Development Corp. is partnering with two builders on the project, known as Monon16, to bring a mix of affordable and market-rate housing to the up-and-coming King Park area.
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Scott Jones’ home in Carmel can be had for $3.9M
The tech entrepreneur officially has put his 24,400-square-foot mansion on the market while also planning to unload its contents at an estate sale next month.
Scott Jones puts contents of Carmel mansion up for sale
The 27,000-square-foot home is expected to go on the market soon. But its furnishings and some of the tech guru’s belongings will be available at a September estate sale.
Abundant building keeps home prices low
A new study shows that Indianapolis area home values have increased just 12.8 percent increase over a 15-year period. That’s less than in metro areas on the coasts and even some in the Midwest.
Residential Real Estate: Marketplace for August 28, 2017
Inventory remains tight at just about 8,600 active listings in July, continuing a slight uptick through the summer.
2016 All-Star Real Estate Agents
See which solo real estate agents and which teams rack up the most home sales in central Indiana.
Area home sales slip amid tight inventory, rising prices
The total number of active home listings in the 13-county area dropped 15.6 percent in July. New listings were down 3 percent.
Indy-area builders seeing more demand for new houses
Home builders continued to see strong interest in new homes in central Indiana last month, according to the latest numbers from the Builders Association of Greater Indianapolis.
Area home sales increase amid rising prices, lower inventory
Sales have risen on a year-over-year basis in 18 of the last 20 months.
Area home builders continue to see rising demand
Home builders filed 653 single-family construction permits in the nine-county area in June—the busiest month since August 2007, when 722 permits were filed.
Existing home sales in area slide as inventory shrinks, prices rise
Existing-home sales in central Indiana fell 3 percent in May, marking only the second monthly decline in the past 19 months.
Mansion formerly owned by fraudster Durham on market for $3.5M
The 14,480-square-foot home was once a party pad for the infamous financier. The Fishers couple who bought it in 2015 is now selling after making several improvements.
Residential Real Estate: Marketplace for June 26, 2017
The number of active listings in the metro area has inched up—but not nearly enough to eliminate the seller’s market that now exists.
St. Clair Place neighborhood aims to mix it up
Most of the homes not-for-profit NEAR develops in the area are priced below market and sold to lower-income buyers. But it has constructed a handful of houses aimed at market-rate buyers, demonstrating the faith it and other builders have in the neighborhood.
Indianapolis-area home construction permits hit 10-year high
Filings to build new homes in central Indiana hit their highest monthly level in nearly 10 years last month, according to the latest numbers from the Builders Association of Greater Indianapolis.
Lawsuit targets local rent-to-own housing operator
An Indianapolis business that has purchased and rented out hundreds of houses in the city is being sued by a not-for-profit housing group and four former customers over what they are calling a “predatory and unlawful rent-to-own scheme.”
Sales of existing homes still rising locally amid shrinking inventory
Existing-home sales in central Indiana ticked up 1.4 percent in April while rising for the 17th month out of the last 18.
Sales of existing homes in the Indianapolis area jump 19 percent
Existing-home sales in central Indiana soared in March while rising for the 16th month out of the last 17.
Permits might be required for short-term home rentals
House Bill 1133, which would prevent local governments in Indiana from banning Airbnb-style businesses, would give municipalities the ability to require short-term rental hosts to pay for a permit in order to host guests.
Residential Real Estate: Marketplace
The mild winter has meant more home sales at the beginning of the year than usual, said F.C. Tucker President Jim Litten.