On the market: A downtown penthouse with views that don’t stop
The condo at 429 N. Pennsylvania St. is listed by Derek Gutting with Keller Williams Indianapolis Metro North for $1.695 million.
Residential Real Estate
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Sizzling housing market shows no sign of cooling off going into 2021
“Indianapolis is one of the fastest-selling metros in the country,” said Chris Glynn, a senior economist at Zillow, a real estate website and research firm. “The typical home in Indianapolis is selling in five days or less.”
Home profile & gallery: Making space for art, books in Old Northside
Every wall, nook and corner features original art, almost all of it purchased from central Indiana artists or from the local artists in places where the couple vacationed, including Alaska and Bhutan, a Buddhist kingdom on the Himalayas.
Residential Real Estate: Marketplace stats for October 23, 2020
Houses across central Indiana continue to sell quickly, with the average property on the market just 27 days until closing. That’s 13% faster than a year ago, which already was considered a seller’s market.
Plans percolating for east-side multifamily project by proposed Baptist church
Indianapolis-based KCG Cos. hopes to build as many as 200 apartment or townhome units for working-class residents, which would be adjacent to a new home for Mt. Paran Baptist Church on Franklin Road.
Fishers council OKs $10M in incentives for biopharm firm, Maple Del development
The Fishers City Council on Monday approved two economic development deals that are expected to lead to a combined $96 million in investment.
Study finds inequities in lending in majority-Black neighborhoods
Although redlining—discrimination in banking and lending based on someone’s race or where they live—has been illegal since the Fair Housing Act passed in 1968, analysts at Indiana University’s Public Policy Institute found that inequities in home-loan lending still exist.
Central Indiana existing-home sales, prices make huge jumps
The monthly sales increase was the third in a row after a three-month streak of declining sales in the market brought on by the pandemic.
Design: Here’s how to think about decorating your living room
An open-concept room is seemingly free of convention or traditional discipline. It is for this reason that one should tread cautiously when decorating.
Virus shifts focus for Westfield developer EdgeRock
The company is slowing its rollout of ambitious commercial projects while turning to residential development as a way to support those signature endeavors.
More landlords suing to push back against eviction ban
At least 26 such lawsuits have been filed by property owners this year, claiming that the national eviction moratorium unfairly strains their finances and violates their property rights.
Platinum Properties might keep Grantham plan alive despite denial from Fishers
Even though rezoning for the proposed 290-home Grantham neighborhood on the east side of Fishers was denied this week, a new version of the project might be built anyway, the developer said.
Central Indiana homebuilders see another strong month
Permit filings are up 12% so far this year compared with the first eight months of 2019, despite the pandemic.
Developers propose $36M multifamily project near downtown Fishers
Fishers City Council members weren’t immediately convinced by the large number of proposed rental units in the plan and the developers’ request for $6.1 million in tax increment financing, so a majority voted to reconsider the proposal in 30 days.
New view for design flexibility emerging from pandemic
The pandemic turned the entire nation into homebodies. Now, architects, builders and interior designers are addressing the pain points that emerged when our homes became our offices, schools and entertainment venues.
Central Indiana existing-home sales rise for second straight month
Sales of existing single-family homes rose in central Indiana in August despite a huge decline in available houses and another record in prices.
Cityscape Residential offers Noblesville council additional details on Nexus project
Indianapolis-based Cityscape Residential’s plans to ask the city for an $8 million TIF bond to help support its 287-unit luxury apartment complex. The project is also slated to feature a potential three-story, 30,000-square-foot office building.
Drainage and tree roots wreak havoc on a home’s stone walkway
Asked to suggest an option that homeowners could do themselves, one expert said that a general rule of thumb is “the easier the install, the more maintenance the walkway is going to be.”
Developer plans $12M townhouse project near Garfield Park for affordable housing
The town homes—all of which are expected to have three-bedrooms—would be available for lease to individuals and families with modest incomes, with an option to eventually buy the units.
Three proposed neighborhoods could bring nearly 270 new houses to Westfield
Residential builders Drees Homes and Epcon Communities presented plans to the Westfield City Council on Monday for three different developments in the city.