Seven-unit townhouse project planned on College Avenue
The development would sit on undeveloped land at the southwest corner of College Avenue and 27th Street, about two blocks south of Fall Creek.
Residential Real Estate
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Central Indiana existing-home sales off to fast start in 2021
Existing single-family homes in central Indiana remained in heavy demand as 2021 got under way, despite the ongoing escalation of prices and shrinking supply of choices.
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Central Indiana homebuilders off to hot start in 2021
Fresh off their busiest year since 2006, area homebuilders continued to see heavy interest from buyers in January, the Builders Association of Greater Indianapolis announced Wednesday.
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Indianapolis-based residential developer plans Carmel HQ project
Indianapolis-based SC Bodner Co. is planning to build and move its headquarters into a $6 million office development along U.S. 31 in Carmel, according to a proposal filed with the city.
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Central Indiana homebuilders see busiest year since 2006
Central Indiana homebuilders saw another onslaught of interest from buyers in December, adding to their busiest year since before the Great Recession.
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Articles
Family can pursue discrimination lawsuit against homeowners association, court rules
Members of a family who claim to have been subjected to race-based harassment, taunts and threats from a neighbor in their Indianapolis subdivision can move forward with their lawsuit after a federal judge denied the homeowners association’s request to toss the case.
Local senior-living complex more than doubles assisted-living units in $5M expansion
The expansion will consist of 32 new one-bedroom apartments and five two-bedroom residences, bringing to 67 the number of assisted-living apartments at the complex.
Existing home sales rise in 2020 to highest in 14 years
For all of 2020, sales rose to 5.64 million, the highest level since 2006 at the height of the housing boom. That represented a 5.6% gain from the 5.34 million previously owned homes sold in 2019.
Multifamily redevelopment planned for Gray Eagle driving range
The Fishers City Council heard plans Tuesday for a 21-acre residential development and financing plan that would help prevent the closure of the golf course.
Central Indiana existing-home sales cap off big year with December sales burst
Completed home sales in the 16-county area rose in December for the sixth month in a row on a year-over-year basis. Area sales were up 6.4% in 2020 and the median price for a home rose 14.1%.
Pandemic means renters can find deals downtown
Downtown apartment managers are extending rent specials, reducing parking costs and offering other incentives to get tenants in the door—and lock those already there into new leases.
Private individual, residential developer to acquire former Simon estate in Carmel
The Great American Songbook Foundation said it is nearing the sale of its 107-acre Asherwood estate in Carmel to a private individual and a developer that wants to turn part of the property into an estate community.
Mortgage rates poised to rise as U.S. Treasury yields surge
Long-term bond yields, which can influence interest rates on mortgages and other consumer loans, are climbing this month amid expectations of higher U.S. government spending on pandemic relief and an economy recovery as more people get vaccinated for COVID-19.
Local developer plans $16M apartment project along Monon Trail
Called Monon 46, the 102-unit complex is expected to be comprised of three apartment buildings, including two directly along the trail south of Broad Ripple.
Housing advocates worry about veto override of controversial landlord-tenant legislation
Senate Enrolled Act 148 would have prevented all local governments from regulating any aspect of landlord-tenant relationships and would have blocked tenant protections that the city of Indianapolis had put in place last spring.
What We’re Loving: The Kayra pull-down bathroom faucet by Delta
Several of Delta’s bath collections now include a pull-down faucet or you can purchase the Kayra Single Handle Pull-Down Bath Faucet on its own. Besides being handy, Delta says the faucets use at least 20% less water than the industry standard.
On the Market: A secluded waterfront property in Eagle Creek
A great view of the creek, mahogany hardwood floors and beautiful woodworking throughout sets this home built in 1985 apart from the rest.
Mortgage rates slide to historic lows for third time this month
The 30-year fixed-rate average, the most popular mortgage product, sank to 2.66% with an average 0.7 point, according to the latest data released Thursday by Freddie Mac.
Home sales, price increases in central Indiana continue torrid pace
Completed sales in the 16-county area increased 20.6% in November on a year-over-year basis, according to the latest data from the MIBOR Realtor Association.
Central Indiana homebuilders continue biggest year since 2006
Builders in the nine-county Indianapolis area filed 694 single-family building permits in November, up 47% from the same month of 2019.
On the Market: A modern house with a retro vibe in the Kennedy King neighborhood
The cozy, 4-bedroom house with midcentury modern flair is listed for $650,000 by Kelly Huff of F.C. Tucker Co.-Keystone at the Crossing.
City sets Wednesday deadline for pandemic rental assistance applications
The program, which opened in July to help tenants avoid eviction during the pandemic, has provided more than $26 million in federal money to more than 12,000 households.
Indiana Landmarks helping to preserve historic World’s Fair homes
When the National Park Services launched Indiana Dunes National Lakeshore, as it was known then, in the 1960s, it inherited a number of historic structures, including the World’s Fair homes.
On the Market: A French country home—with a basement basketball court—in Noblesville
Exquisite indoor and outdoor features mark this home listed by Jeff Kucic of Engel & Volkers for nearly $1.2 million.