Sales of existing single-family homes in central Indiana slowed in December, but 2021 was a solid year for the residential real estate market despite high prices and shrinking inventories.
To help support blue-collar workers, Meadows on Main will be income-restricted and serve individuals and families generally making 40% to 70% of the area’s median income.
Eight of the nine counties in the Indianapolis area saw a year-over-year increase in single-family building permit filings in 2021.
In the latest of a slew of projects planned by local developer Onyx+East, more than 50 units in the high $200,000s to the low $400,000s are planned by the trail’s intersection with 46th Street.
Host Mason King talks to the real estate agent who has listed Christel DeHaan’s estate for $14 million, in addition to Christel House International CEO Bart Peterson and Christel DeHaan Family Foundation President Mark Willis about the impact of a sale.
A wide range of neighborhood organizations and residents think they’ve found an approach that could keep property affordable indefinitely.
Based on the early interest in the property, the estate might end up selling above $14 million list price, the listing agent said. Proceeds from the sale will allow the not-for-profit Christel House International to expand its outreach to students in high-poverty areas around the world.
Onyx+East is expected to appear before the Indianapolis Historic Preservation Commission on Wednesday for a preliminary review of the $6.5 million project.
The listing provides a rare glimpse at an Indianapolis estate that sits behind stucco walls topped with terracotta tiles at 4501 N. Michigan Ave.
Homeowners locally and nationwide, far from being deterred by supply-chain snarls, are showing increasing interest in remodeling.
Sales of single-family homes were back on the rise in the area in November, ending a two-month streak of declining purchases despite rising prices and tight inventories.
Since 2017, home insurance premium rates are up 11.4% on average, and insurance experts expect the rates to remain high.
After a three-month streak of declining numbers, Indianapolis-area builders received a surge of interest from new-house buyers in November and are nearing a 16-year record.
The affordable housing complex’s owner plans to pump $23 million into major renovations, more than double the 40-year-old property’s valued worth.
The bank was accused in a lawsuit earlier this year of providing disproportionately fewer mortgages to Black borrowers, closing branches in predominantly Black neighborhoods and giving Black people less information during the mortgage-application process.
Eviction filings in Indianapolis were 49% below average in August but just 7% below average in the first 11 days of December, according to Eviction Lab at Princeton University.
TWG Development LLC is in discussions with city zoning and planning officials for the 125-unit project, which would be developed on the east side of the road in the 1800 block of North Meridian Street.
In addition to two Indianapolis communities, the acquisition involved properties in Bedford, Bloomington, Lebanon, New Albany and Shelbyville.
The project, called FSX—shortened from “Fountain Square Ten”—is planned for a narrow site at 1003 Prospect St., which currently houses two drive-thru ATMs for PNC Bank. The units each will have a two-car garage and rooftop deck.
With an initial price tag of $63 million, the 25-acre community east of Ikea has since been renamed Slate at Fishers District.
