Crunching the numbers: Hamilton County homebuilding activity leads region
Builders filed 817 single-family permits in Hamilton County during the first five months of the year. Which community had the most activity? Plus: Boone County stats.
Residential Real Estate
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Homebuilders extend streak with 23-percent surge in permits
Single-family building permits rose 23 percent in the nine-county Indianapolis area in May, the 11th straight month of year-over-year increases.
Out-of-state developer pitches $75M Carmel project
Baltimore-based Atapco Properties wants to redevelop 34 acres of land at Carmel Drive and Guilford Road, converting a portion of the commercial property to residential use with hundreds of apartments.
Bank gives Indy $1.4M to settle discrimination complaint
The settlement results from a complaint that alleged Wells Fargo's properties in white neighborhoods were much better maintained and marketed than properties in minority areas.
Fraud victim says he was duped twice over land bank house
Joseph Satterfield says he paid twice for his residence at 624 Congress Ave., but he still doesn’t have his hands on the deed to the house that was held by the Indy Land Bank.
Buckingham set to redevelop Carmel shopping center
The Carmel Marketplace on East Carmel Drive is directly south of the Mohawk Hills apartment complex, which Buckingham hopes to start redeveloping as part of its long-awaited Gramercy project late this year.
Apartment business good in IU’s hometown
Bloomington’s average apartment rent was $892 last year, up nearly $60 in two years.
Broad Ripple project takes heat at Village meeting
Jeering and catcalls greeted officials from Browning Investments, which has proposed the $18 million residential and retail development along the Central Canal.
Homebuilder focuses on ‘pocket’ communities near Carmel attractions
Two Carmel natives operate Old Town Design, which is building small neighborhoods of new Craftsman-style homes in and near downtown Carmel’s old neighborhoods.
Pittman pitches $90M mixed-use project for Zionsville
One of the highest-profile tracts of undeveloped land in Zionsville could be transformed into a commercial and residential hub if Pittman Partners' 62-acre project gets the town’s blessing.
Kessler Mansion neighbors balk at business uses
An Indianapolis City-County Councilor is looking into the possibility of zoning violations at the massive north-side property. The mansion will host a camp for entrepreneurs in June.
Nancy Irsay puts party pavilion, home on market for $3.7M
Dozens of small charities have used the pavilion in south Carmel to host events, paying far below market rates.
Area homes sell at faster clip
Purchase agreements for existing homes in the Indianapolis area increased 13.2 percent in April. Home sales have jumped in each of the first four months of the year.
Scam artist receives 34 years for home-sale scheme
Shela Amos, 57, led victims in Indianapolis to believe they were legitimately purchasing vacant homes that Amos did not actually own.
Area homebuilding permit filings surge 41 percent
Single-family building permits filed in the nine-county Indianapolis area rose again in April, the 10th straight month of year-over-year increases.
City code enforcement rethinks rental housing strategy
Indianapolis is reconsidering plans for cracking down on negligent landlords through a rental-housing registry after the Legislature enacted a one-year moratorium on new fees.
Carmel developer plans rooms with a view
Construction is expected to begin this summer on a $6 million development at Carmel’s City Center that includes luxury apartments overlooking the Monon Trail.
Browning exec Dye joining The Whitsett Group
Dennis Dye will become a partner at Whitsett, a prolific developer of affordable housing. He has served two stints at Browning totaling about 20 years.
Stadium Lofts apartment project nears opening day
The unusual nature of the redevelopment and its location are driving strong leasing activity.
Indiana foreclosure prevention program expanding
State officials estimate that about 10,000 Indiana homeowners will get help in making their mortgage payments under an expansion of a federally funded foreclosure prevention program.