IU researchers say 2015 is banner year for housing sales
Buyer demand proved so strong this summer that Hoosiers bought 9,080 existing homes in June alone—the state’s second-largest one-month sales tally in the past 12 years.
Residential Real Estate
Articles
Victorian shell with modern amenities inside
Chuck and Mary Williams wanted a house with an exterior that synced with the rest of their Old Northside neighborhood and an interior that boasted all the latest conveniences, including a modern, open floor plan.
Holdups delay razing of blighted properties with federal funds
Fewer than 15 of nearly 170 homes targeted for demolition have actually been razed since Lt. Gov. Sue Ellspermann and Indianapolis Mayor Greg Ballard kicked off the program in September 2014 and accepted nearly $6.5 million in federal funds.
Area home deals drop again as prices rise, selection dips
Home-sale agreements in central Indiana slid for the sixth straight month in September as prices climbed and inventory declined, according to F.C. Tucker Co.
Area builders see 2nd straight bump in permit filings
Area home builders saw an 8-percent increase in buyers in September, according to the latest permit numbers from the Builders Association of Greater Indianapolis.
Broad Ripple apartment project progressing under new developer
J.C. Hart Co. has bought land at the northwest corner of East 66th and Ferguson streets from three local real estate professionals. It plans to build the $17 million Park 66 Flats project on the site.
$2M revival planned for near-north apartment building
Two local not-for-profits have partnered to buy a dilapidated apartment building along the Meridian Street corridor south of 38th Street that was vacated last November due to health and safety concerns.
The Interview Issue: Steve Pittman
The Hamilton County developer says real estate is a “very competitive” and “very entrepreneurial” pursuit.
Custom homes come to Westfield’s Grand Junction district
A pair of childhood friends are trying to give homeowners another option for downtown living.
Area homebuilders see slight uptick in permit filings
Builders filed 456 single-family construction permits in the nine-county metropolitan area in August. That's a 2-percent increase from August 2014 and a 4-percent rise from the previous month.
Area home deals droop as prices rise, selection slips
Home-sale agreements in central Indiana dropped for the fifth straight month in August, according to a report released Monday by real estate agency F.C. Tucker Co.
Even with deluge of units, downtown apartment demand persists
Apartment occupancy downtown remains near a stellar 95 percent as tenants flood new projects, according to a panelist at IBJ's Commercial Real Estate and Construction Power Breakfast.
Senior housing planned on key 86th and Meridian corner
A Missouri-based development team wants to build a $10 million senior living center on the last available parcel at one of the north side’s most visible intersections.
Carmel’s $100M Legacy attracting retail projects
Since Virginia-based Falcon’s Nest purchased the 400-acre development in 2011, residential construction has slowly been increasing. Now, some commercial development is beginning to follow.
Preservation group delays action on project with ‘digital canvas’
Members of the Indianapolis Historic Preservation Commission say they postponed a vote on the Mass Ave project at the request of City-County Council members who argue the building’s massive screen could run afoul of billboard rules. Commission members also questioned the building’s design and even its bold colors.
Historic downtown apartment building on the block
Summit Realty Group is accepting offers until Oct. 1 on the 23-unit Janus Lofts at 240 S. Meridian St. The building was redeveloped in 2003 by developer Lee Alig, who is facing numerous charges of securities fraud.
2014 All-Star Real Estate Agents
See which real estate agents and which teams rack up the most sales.
More houses to sell, but fewer agents to sell them
Just as the residential market regains steam, the number of real estate agents is waning.
Architects’ home emphasizes its mid-century roots
A less-is-more design carried through in a careful remodeling, and now under a new owner who likes the nostalgia.
Residential Real Estate: Marketplace
Check out what homes are selling for in your area, as well as which house sold for the most money recently. (It went for more than the asking price.) And see which parts of the Indianapolis area have the greatest incomes.