Visitors enjoy all the comforts of home, but on a very small scale. Indeed, the place looks like someone crammed an impeccably decorated, shabby-chic cottage into a phone booth.
Using a self-directed Roth IRA account, John Gremling buys and sells property to rent out to tenants, including veterans seeking help from groups like Hoosier Veterans Assistance Foundation of Indiana.
The city of Indianapolis is hoping to get derelict property owners into shape with new changes to its landlord registry.
A local startup with about 100 investors is making bigger acquisitions by progressing from rental homes to apartments, starting with a complex in Garfield Park.
Supporters of the bill, which would restrict cities from outright bans on short-term rentals like Airbnbs, have just a few days to bring it up again this year.
Affordable housing advocates are worried that a bill lawmakers sent to Gov. Eric Holcomb will exacerbate what they say is a shortage of inexpensive options for Hoosier families.
Approved artists would co-own the renovated homes in the Garfield Park neighborhood and only pay half the cost of the property.
City officials could create a committee to examine the impact of online lodging services. Carmel has come out against them, and state legislators are weighing a bill prohibiting cities from banning them.
Opposition is growing to the city of Carmel’s order that homeowners remove their properties from Airbnb listings.
Local firm Birge & Held Asset Management bought the property on East 82nd Street and is starting to renovate all 740 units—a task expected to present some logistical challenges.
Homeowners are looking to capitalize on the hot downtown housing market by creating rental units—and they no longer need to seek a variance to build them under new city zoning rules, cutting down on the time and red tape.
Van Rooy Properties purchased the nearly century-old landmark last year and embarked on a $6 million project to bring 40 market-rate units to the site at 1226 Dr. Martin Luther King Jr. St
The Indianapolis Housing Agency hopes more landlords will participate in the program.
Renters accounted for all of the 8 million-plus net households the United States added in the past decade. Home ownership has dipped to 63.5 percent, near a 48-year low.
Axia Urban has purchased the former Bon Air Apartments, between Meridian and Illinois streets, and is set to renovate the three structures, as well as build another.
A jury convicted David Garden on 22 counts, including 11 counts of forgery and 10 counts of theft, for defrauding homeowners and renters.
The share of the U.S. population who own homes has slid to a 48-year low. The typical first-timer now rents for six years before buying a home, up from 2.6 years in the early 1970s.
The Federal Home Loan Bank of Indianapolis, commonly known as a private-sector bank for banks, announced July 17 that it awarded $10 million in affordable-housing grants in Indiana and Michigan, including two $500,000 grants for projects in Indianapolis.