Duo creating waves in older Indy neighborhoods
A Realtor and builder are buying north-side homes to be overhauled and sold for big prices, dividing neighbors over the value of gentrification.
Residential Real Estate
Articles
Carmel developer sinks $66M into four senior communities
Leo Brown Group opened two facilities in Indianapolis and Avon in June, and has started construction on two similar projects in Ohio and Kentucky.
Multifamily projects abound in Chatham Arch, Lockerbie
The four projects, one of them condominiums, would add nearly 280 units within about a four-block stretch from East Michigan Street north to Massachusetts Avenue.
At-Home Quarterly Marketplace
See the prices Indianapolis-area houses are selling for along with the most expensive recent sale, and a map of where people born out of state are most likely to live.
Mansion restoration is dream come true for new owners
David and Alice Berger have sank more than five years of effort into bringing the former Lacy property back to its industrial era grandeur.
Home buyer tastes have shifted since housing bust
Old standbys are have been replaced by new features and colors. The changes range from rooms to styles.
Democrats want more cops living in tough neighborhoods
A proposal unveiled today would allow officers to live rent-free in new or refurbished houses and then allow the officers to buy the homes.
Sales of U.S. existing homes up 4.9 percent in May
Sales of previously owned U.S. homes posted the best monthly gain in nearly three years in May, providing hope that housing is beginning to regain momentum lost over the past year.
Cottage Home neighborhood attracts another single-family housing project
A local developer plans to build 14 houses in the up-and-coming neighborhood as part of a project that could include a two-story mixed-use development along East 10th Street.
Estate in rural Indiana priced at $8M could be tough sell
Carriage Manor Estate is like one of those houses you see on TV shows documenting the high life of the rich and famous — except it's not located in Beverly Hills, New York or even Indianapolis.
Area home-construction permit filings flatten out
Homebuilders filed 530 single-family building permits in the metro area in May. That’s exactly the same number of permits that were filed in May 2013. Local construction numbers were better than national figures.
Existing home sales continue dismaying trend
Figures for May add to evidence that about 14 percent fewer homes are selling this year in the nine-county area compared with the same point in 2013. But sale prices still are on the rise.
Remodelings might await boomers wanting to stay in their homes
Many homes will be difficult for aging boomers to navigate without changing doors, bathrooms, hallways and kitchens.
Housing developer hopes farm hooks new residents
A growing number of housing developers thinks farms, rather than golf clubs, are the perfect hook to lure residents. The first to experiment with the concept in central Indiana is Mike Higbee of Central Greens LLC, with his Seven Steeples Farm on the site of the old Central State Hospital.
Tiny Sheridan girds for inevitable growth
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
Herman & Kittle plans $28M downtown apartment project
The Indianapolis developer plans to build 211 units at the southeast corner of College and Maryland Street. Meanwhile, the owner of a building across the street that last housed a sporting goods store is accepting bids on the property.
Council to consider citywide landlord registry
Indianapolis landlords would have to register with the city by Jan. 1 or face a $500 fine under a proposal that will be introduced to the City-County Council on Monday night.
Pedcor angling for $16M subsidy for City Center expansion
Preliminary plans call for starting work on a parking garage and as many as three mixed-use buildings this fall, with another half-dozen projects in the pipeline.
Developer plans housing on former Carmel golf course
Carmel-based Old Town Development LLC is planning to transform the former Sunrise Golf Club into a residential community targeting empty nesters.
Indiana cities getting money to fight urban blight
Indianapolis, Lawrence, Gary and two other Indiana cities have received a total of about $15 million to help eliminate blighted and abandoned homes.