Residential Real Estate: Marketplace
See what you can buy for $650,000 plus get the details on the most expensive house that sold in the past few months.
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Home tour: Italianate home in Old Northside gets modern revamp
The 8,500-square-foot house owned by real estate agent Joe Everhart and Ken Ramsay served as a clubhouse for seven decades before the couple turned it back into a home.
Finding a newly built home for less than $250,000 is tricky
Industry experts point to a host of factors for the increasing shortage but say it’s mostly driven by the state’s property tax caps coupled with rising home-building fees charged by municipalities.
Marketing firm plans new downtown HQ, to hire 20
Indianapolis-based marketing and advertising firm Matchbook Creative is spending nearly $1 million to establish a larger headquarters downtown and plans to more than double its work force by 2019.
Brackett closes flagship Georgia Reese’s eatery on 86th Street
Former Indianapolis Colts linebacker Gary Brackett shut down the northwest-side restaurant on Sunday and is selling the assets and liquor license for $195,000.
Menard teams up with Penske as sponsor for Indy 500
Roger Penske is bringing former IndyCar owner John Menard back to the series as a team sponsor.
Aldi taking Walmart’s low-price edge in grocery wars
Aldi stores lack the massive size and selection of a Walmart, but their rapid proliferation and ability to offer even lower prices are putting pressure on the giant discounter.
Distillery to join other ‘makers’ in downtown industrial complex
Alcohol is developing as a theme in the huge building near Mass Ave being redeveloped into “maker space,” mixed with retailers, restaurants, offices and studios. A brewery already has committed to the project.
$4.6M project in Franklin could help transform city’s downtown
The city is partnering with a private developer to turn a former factory building into condominiums, retail and event center space—one of several projects that could help revitalize its downtown.
Ruling: Simon must face antitrust suit from competitor
Indianapolis-based Simon Property Group must face an antitrust lawsuit from South Bend-based Holladay Properties, a federal judge has ruled.
Car dealer paying to replace school’s unsafe bleachers
An automobile dealer is giving $1.5 million to replace the bleachers at a local high school's football stadium that have been closed off because of safety concerns.
Fire destroys local truck stop, causing $4M in damage
Indianapolis fire officials have doubled the estimated loss from a fast-moving fire that destroyed a truck stop on the city's south side.
Mallard Lake property set for auction after decades of legal fights
The 254-acre Mallard Lake farm property became a well-known battleground in Madison County as the owner fought in court for more than 30 years to turn the property into a landfill.
New Wal-Mart milk plant to employ 200 in Indiana
Wal-Mart Stores Inc. plans to build a multimillion-dollar milk-processing plant on 80 acres of farmland south of Fort Wayne International Airport, state officials announced Friday.
Indy airport board cancels $500M medical plan; to reopen bidding
The Indianapolis Airport Authority board said it would “leave our options open and continue to search for the optimal project.”
Gershman buys Lockerbie Marketplace block downtown
A mostly historic four-building commercial property that encompasses an entire city block near Massachusetts Avenue has changed hands.
Fishers courts, wins technology businesses
Fishers has become a mecca for tech companies—but it didn’t happen overnight and it didn’t happen by accident.
Officials weigh future uses for Hamilton County courthouse
The 39,000-square-foot historic courthouse on the square in Noblesville could be turned into co-working space, a community center or something else after the county expands its adjacent judicial center.
Lids Sports Group narrows focus after profit evaporates
The Zionsville-based retailer continued to grow but saw profit plummet after it moved beyond its core business of selling sports caps.
Salesforce’s McCorkle: ‘We’re going to hire 50 percent more people’
Speaking in a cafe his company recently opened in downtown’s Gibson Building, Salesforce Marketing Cloud CEO Scott McCorkle re-affirmed hiring plans and left the door open for the Connections conference to return to Indy.