Homebuilders hope new fees yield quicker approvals
The Department of Business and Neighborhood Services will more than double the cost for some permits next year, including those for building a new home or commercial structure in Indianapolis.
single-family homes
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PulteGroup, TWG plan 603-acre development in Noblesville with 1,930 residences
Noblesville Economic Development Director Andrew Murray told the council that the developers plan to invest $475 million in the project, which is expected to have a $700 million market value when completed.
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Cook Group planning to build 300 homes for employees
Bloomington-based Cook Medical Inc. is hoping to address Indiana’s housing shortage for middle-income families, and it is starting with its own workers.
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Area homebuilders continue to see high demand for new houses
So far this year, 4,676 single-family building permits have been filed in the nine-county Indianapolis area, up 49% over the first five months of 2020.
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Residential growth tear in Westfield continues as 1,000 new homes are proposed this month
After a record-breaking year for residential building permit approvals in 2020, the city of Westfield continues to field developers’ neighborhood proposals for more than 1,000 homes in a given month.
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Articles
New-home applications see sharp August decline in central Indiana
The year-over-year decline in single-family building permits was the first since March in the nine-county area.
Hoosiers feeling the pinch from home insurance increases
Fueled by climate change and a significant increase in severe weather, home insurance premiums are on the rise nearly everywhere.
All-Star Real Estate Agents: The Indy area’s top teams and solo sellers
Jennil Salazar switched agencies to Compass Indiana LLC but held on to the top spot of the IBJ All-Star Solo Agents for the fourth straight year. And a trio of veteran real estate agent teams maintained their hold on the top three places in IBJ’s All-Star team rankings, with Dennis Nottingham’s Indy Home Pros Team in the No. 1 position.
Indy-based bath remodeler riding COVID-fueled home improvement surge
New Bath Today, founded by brothers Mike and Ryan Redman, offers a tightly focused specialty—converting conventional tub-and-shower combos into either walk-in tubs or shower-only arrangements.
For many, home insurance premiums are rising faster than inflation
Since 2017, home insurance premium rates are up 11.4% on average, and insurance experts expect the rates to remain high.
Tranquil mill house in Shelby County will become retreat for military couples
The house is on the site of a former river mill established in 1846. The lumber mill was converted into a 5,000-square-foot house in 1950, with four bedrooms, 3-1/2 baths and stunning views of the Flat Rock River.
Area homebuilders see second straight monthly drop in permit filings
Despite the September decline, single-family building permit filings are still on pace to have their biggest year since 2005.
Central Indiana homebuilders see biggest February in 17 years
February’s snowstorms failed to put a chill on demand for new homes in central Indiana, the Builders Association of Greater Indianapolis announced Wednesday.
Central Indiana homebuilders continue biggest year since 2006
Builders in the nine-county Indianapolis area filed 694 single-family building permits in November, up 47% from the same month of 2019.
Residential Real Estate: Marketplace Stats for August 28, 2020
Active listings have continued to fall throughout 2020, as sellers resist having potential buyers in their homes during a pandemic.
Arts-and-crafts homeowner in Greenfield keeps it authentic
Former Navy nurse Bob Morrison developed a taste for arts-and-crafts-style homes while serving on the West Coast and found the perfect outlet for that passion back home in Indiana.
Could land trusts keep housing affordable, avoid gentrification?
In a quest to create permanently affordable housing, about 25 Indianapolis community groups and development corporations have formed the Community Land Trust Coalition.
Carmel to take legal action against Lucas Estate in party controversy
Forrest and Charlotte Lucas have continued to host not-for-profit events and what they say are private weddings at their West 116th Street property, despite being turned down for a zoning variance by the Carmel Board of Zoning Appeals in 2017.
Fountain Square parcels cut off by I-65 get modern makeover with three new houses
The lots were among the last available spaces to nab close to the main drag in Fountain Square, a neighborhood where Fisher and his family’s business, RCA Properties LLC, already owned substantial property.
Residential Real Estate: Marketplace Stats for March 29, 2019
The number of active listings in central Indiana—at 5,077 at the end of February—remains low, although it’s 15 percent higher than at the same time a year ago.
Outdoor fireplaces, flex space, technology are hot trends in new homes
Thanks to Pinterest and HGTV, buyers often know just want they want when they are building a new home, experts said.
Projects nibble at Hamilton County’s affordability problem
Projects underway in Fishers, Westfield and Noblesville are aimed at addressing the lack of housing options for low- and middle-income earners in Hamilton County, but they will only make a dent.
Once a downtown pioneer, developer Keller returns to residential game
Decades ago, J. Scott Keller was a pioneer of the downtown residential real estate scene. Now he’s back, building two modular homes on South Arsenal Avenue with architect Terry Bradbury.
Homeowner groups step into short-term rental controversy
Airbnb reported that Indiana renters hosted 175,000 guests in 2017, who collectively earned more than $21 million by making their spaces available to travelers. But some homeowner groups want to ban the practice.