A troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.
Popular ABC show ‘Extreme Makeover: Home Edition’ is returning to central Indiana.
Property owners in Indiana are expected to save more on their tax bills in the next two years than originally predicted
because of caps on property taxes.
Community Bank of Noblesville and Blue River Bancshares Inc. of Shelbyville have seen loans sour
at a rate that might have seemed unimaginable before the housing market tanked and the recession set in.
Plans for residential development on the site stalled as the housing market plummeted and recession set in.
Charter Homes owner Jerry J. Jaquess has been sentenced to two-and-a-half years in prison and ordered to pay restitution of
$825,000 for his role in a $20 million mortgage fraud scheme.
The grueling years of the housing downturn in the Indianapolis area appear to be over, a real estate veteran says, but a full
recovery is one to two years away.
Another central Indiana city is receiving a multimillion federal grant to buy houses damaged by the widespread flooding that
hit the state last year.
Tony George and his wife, Laura, have put up for sale their 12-acre, wooded estate at 8030 Spring Mill Road on the north side
of Indianapolis.
David Sexauer has $250,000 and a list of about 120 properties he’d like to acquire from the city of Indianapolis.
The Historic Landmarks Foundation of Indiana and the Salvation Army have worked out a deal that could save a Queen-Anne-style
building on Michigan Street just west of Alabama Street.
The number of newly laid-off workers seeking unemployment benefits fell for the third straight week, evidence that layoffs
are continuing to ease in the earliest stages of an economic recovery.
The Historic Landmarks Foundation of Indiana is set to return to its headquarters in downtown Indianapolis tomorrow, six
months after a fire at a neighboring apartment project displaced the not-for-profit.
A local real estate veteran who had planned to retire has instead jumped back into the game with the purchase of two vacant
downtown properties he plans to convert to market-rate apartments.
Housing construction rose in August to the highest level in nine months as a big surge in apartment building offset a decline
in single-family activity.
Low-priced homes and foreclosures are driving a large chunk of residential real estate sales in Indianapolis, largely due
to first-time home buyers taking advantage of a federal tax credit, according to a report released today by Re/Max of Indiana.
A local real estate veteran who had planned to retire has instead jumped back into the game with the purchase of two vacant
downtown properties he plans to convert to market-rate apartments.
The housing slump may be weakening in the nine-county Indianapolis area, if a report released today by F.C. Tucker Co. is
any indication.
The developer of The Waverley apartments downtown has filed plans to expand the complex because of high demand for one-bedroom
units.
Indiana Lt. Gov. Becky Skillman plans to announce the first awards of $164 million in federal stimulus money to build low-
and moderate-income housing across the state.
