Central Indiana homebuilders see busiest March since 2005
So far this year, 2,717 single-family building permits have been filed in the nine-county Indianapolis area, up 48% over the first three months of 2020.
Residential Real Estate
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Supply of available Indy-area homes plummets in March while sale prices rise
With the dramatic decrease in available listings, the median price for homes sold in the 16-county area in March rose 8.4%, to $226,500, compared with $208,865 in March 2020.
Developer plans $7M apartment complex in downtown Lebanon
The developer behind The Flats of Lebanon has proposed building a 42-unit apartment complex near Lebanon’s downtown square.
Residential Real Estate: Marketplace stats for March 26, 2021
The number of active listings and sales has dropped over the past three months, as expected for the season. But even compared to one year ago—before the pandemic hit—the market is tight.
Tax credits in hand, INHP focuses on affordable single-family homes
The organization has for decades helped families secure mortgages and generally works with neighborhood development groups on a litany of development projects. It has been focused of late on transit-oriented multifamily developments near IndyGo’s Red Line. But single-family units are a newer focus.
Designer offers solutions for an organized home office
Interior designer Regan Billingsley still spends some time in her Washington, D.C., studio, but for much of the past year, she has been doing a fair amount of work from home.
Prices for existing homes in Indy area balloon in February
The median price for homes sold in the 16-county area in February rose 18.9%, to $223,500, compared with $188,500 in February 2020.
Central Indiana homebuilders see biggest February in 17 years
February’s snowstorms failed to put a chill on demand for new homes in central Indiana, the Builders Association of Greater Indianapolis announced Wednesday.
Angie’s List, parent company change name, roll out new app
For the first time since its founding in 1995, Angie’s List is getting a new name. But the reference to co-founder Angie Hicks isn’t going away.
Developers present Asherwood plans, say they’ll petition court for covenant relief
A 62-year land covenant tied to the Asherwood estate and surrounding properties in Carmel is creating difficulties for developers of a proposed 40-home luxury neighborhood because it calls for front-yard setbacks of at least 75 feet.
A homebound year has meant rethinking our houses, belongings
Architects and interior designers say that after 12 months of varying degrees of lockdown, people are discovering what does and doesn’t work in their homes, and becoming more confident about acting on it.
Longtime local homebuilder Paul Estridge Jr. retiring
Estridge, 63, said a recent lung transplant, along with other factors, convinced him now was the right time to step away from his company after nearly 40 years in the business.
The Proscenium in Carmel almost ready for its debut
What once was a deteriorating Party Time Rental warehouse and an Arby’s has been transformed into a ritzy residential and commercial block.
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.
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.
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.
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.
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.