Assessed values for commercial and industrial properties grew at a higher rate than those for residential, according to the study assembled by the Department of Local Government Finance.
Single-family building permits in the nine-county area have increased in three of the first five months of 2025 on a year-over-year basis.
Local governments could lose significant property tax revenue under a case heard by the Indiana Supreme Court on Thursday about how much land falls under the state’s 1% tax cap for homesteads.
The median sales price for a home in the area rose 1.4% in May, while the active inventory of homes climbed 20.5% on a year-over-year increase.
The Courtyards of Heritage Trail would be Epcon’s eighth and largest Courtyard community in the metropolitan area.
The rents are expected to come in below market rate and fall into a category often called workforce housing—prices that exceed certain lower-income thresholds but are still reasonable for those living and working in the area.
Nearby residents at Chatham Hills have started a petition opposing the development. They argue the project would be incompatible with neighborhood character, overburden infrastructure on 199th Street and harm the Monon Trail and surrounding green space.
Compass alleges that the ‘Zillow Ban’ was enacted to prevent rivals from competing against it and reduces homeowner choice.
Most of that funding—$10.8 million—comes to the Indianapolis Neighborhood Housing Partnership in the form of loans from five Indiana-based banks.
Community economic development group Prosperity Indiana said the state has only 38 affordable rental homes available for every 100 extremely low-income Hoosier households.
Kelli Lawrence of Onyx + East discuss quadrupling revenue in five years, the economics of developing and pricing the firm’s projects and being the only woman in the room early in her career.
One in every 54 policies, or 1.8%, were canceled due to nonpayment in 2022, according to the center’s analysis of Federal Insurance Office data.
One of the nation’s largest mortgage lenders is purchasing Hallmark, which has branches in Indianapolis, Brownsburg, Plainfield and elsewhere in Indiana.
M/I Homes of Indiana plans to build subdivisions called MontClaire and Bending Branch of Noblesville.
Indianapolis-based New City Development is planning apartments, townhomes, a nonprofit headquarters and retail space to accompany the 190,000-square-foot office building already on the property.
The plan will cap the percentage of single-family rental houses and create a registration program for landlords.
The Westfield Advisory Plan Commission is scheduled to hold a public hearing about the Jersey 32 project on June 2.
Many homeowners have opted to to invest in sprucing up their home rather than sell and take on a mortgage with a sharply higher interest rate.
After a slow start to the year, central Indiana builders saw filings for new homes jump last month.
Mills on Main would include 10 three-story apartment buildings, six one-story garages, one 3,250-square-foot amenity building and outdoor pickleball courts.
