Westfield council to consider developer’s plan for nearly 300 houses
The development plan from Platinum Properties calls for 296 residences and a commercial area on 144 acres on the city’s west side.
Residential Real Estate
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North-side retirement campus plans $102M expansion with new residential units, larger community center
The project is slated to include 69 luxury apartment units, 25 villa-style residences and indoor sports courts for pickleball.
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Q&A: Holladay executive brings brokerage experience to development role
South Bend-based Holladay has several other major projects underway, including Pembroke Place, the redevelopment of the former Angi Inc. headquarters, and the conversion of Circle Tower into a hotel.
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Former IndyCar team owner lists Fishers estate for nearly $12M
The home is the largest ever to be listed on Geist Reservoir, according to Berkshire Hathaway HomeServices Indiana Realty.
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Shelbyville residential construction skyrockets thanks to lower land costs and growing infrastructure
The city now has five developments under construction, in addition to new retail offerings and infrastructure improvements.
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Articles
Carmel board approves variance for Irsay family ice rink
The indoor ice rink was built in 2018 on the estate of the late Colts owner Jim Irsay, who died in May at age 65.
New-home applications fall for 3rd month in row in central Indiana
Four of the area’s nine counties saw increases in filings, but usual home- construction hotbeds Hamilton County and Marion County experienced decreases.
Federal agency boosts size of single-family loans government can guarantee to $832,750
The Federal Housing Finance Agency adjusts the limits of a confirming loan annually to reflect changes in U.S. home values, which have been rising this year.
Are millennials frozen out of housing market? Reality may be more interesting.
A recent survey showing that the average first-time home buyer is now 40 years old isn’t standing up to scrutiny.
Pulte Homes looking to build 269 houses in rural Zionsville
Plans call for the largest houses at Bradberry to be two-story homes sized between 3,000 to 3,500 square feet that would be priced between $700,000 and $900,000.
Attorney general sues over health code violations at massive Castleton apartment complex
The landlords of a 1,261-unit apartment complex that has twice been sold at state record prices are accused of endangering tenants by failing to address unsafe conditions.
Existing-home sales in central Indiana see October increase
Sales of existing homes in central Indiana were lifted last month by jumps in Hamilton, Boone and Hancock counties, according to MIBOR Realtor Association.
Analysis: Property tax changes to put more pressure on businesses, owners of low-value homes
Recent changes to Indiana’s property tax system will likely cut bills for most Hoosier homeowners, a new analysis has found.
White House’s 50-year mortgage proposal has one notable benefit, but some drawbacks
The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism.
Homebuilders hope new fees yield quicker approvals
The Department of Business and Neighborhood Services will more than double the cost for some permits next year, including those for building a new home or commercial structure in Indianapolis.
Carmel family restoring pre-Civil War home once marked for destruction
Matt and Erin Uber are restoring Carmel’s second-oldest house, the Wilkinson-Hull House—built in 1834 as a log cabin and expanded in 1853 with a brick, two-story Greek Revival-style addition.
Median first-time homebuyer age reaches record high of 40
The National Association of Realtors’ annual profile of buyers and sellers, released Tuesday, portrays a housing market in which younger, cash-strapped Americans are struggling to become homeowners
Zionsville Town Council OKs Henke’s plan for 360-home development
Councilors voted 7-0 in favor of the developer’s plan for Maple Lane Club of Bradley Ridge.
Zionsville Town Council OKs homebuilder’s plan for 342-home development
Members of the Zionsville Town Council voted 6-1 to approve the Courtyards of Heritage Trail by Ohio-based Epcon Communities.
Americans staying put: US home turnover rate at lowest level in decades
The number of U.S. homes that typically change hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years.
Westfield expecting more large developments after new comprehensive plan
As Westfield’s leaders review a proposal for a “monster” 715-acre residential development, Mayor Scott Willis expects developers to pitch more large, master-planned projects.
New-home applications fall for 2nd month in row in central Indiana
Only three of the area’s nine counties saw increases in filings, including Hamilton County, which broke a six-month streak of declines.
Developer planning 720-acre residential project with 2,300 homes in Westfield
The proposed Ironstone at Hortonville would feature housing, shops, restaurants and recreational amenities in an area just off the city’s current northern boundaries.
Existing-home sales in central Indiana see September slip
Sales of existing homes in central Indiana dipped in September despite big jumps in Hendricks and Hancock counties, according to the latest data from the MIBOR Realtor Association.