Carlette Duffy and the Fair Housing Center of Central Indiana filed complaints with the federal government, alleging appraisers violated fair housing laws. The appraisers, the complaints said, purposely used comparable sale prices that were unfair and racially motivated.
The proposal calls for seven three-story structures, with three buildings facing College Avenue, one facing 22nd Street and four occupying an interior area that surrounds a courtyard.
Buyers of existing single-family homes in the 16-county area swooped up available properties at a rapid pace in April, often showing a willingness to pay more than the asking price to secure a purchase.
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.
Eddie Merlot’s, an upscale steakhouse chain based in Fort Wayne, had signed a lease to move into the restaurant space in 2019, but those plans were ultimately derailed by the pandemic.
The 60-unit apartment project will be part of Founders Square, which will include restaurants, shopping and a hotel.
The ruling does not affect state or local eviction moratoriums. Landlords and property owners have consistently challenged the CDC order, arguing the policy sets an undue financial burden on business owners.
Preliminary site plans filed with the city call for the construction of five new apartment buildings and the retention of a two-story office building on the 8.6-acre property.
The developer behind the Proscenium development in Carmel is expanding the project across the street, and an Indianapolis-based developer is planning to dive into the Carmel market with a $78 million project.
The property is currently occupied by a former church building that was most recently used by New Birth Ministries. The structure will be razed as part of the project.
So far this year, 2,717 single-family building permits have been filed in the nine-county Indianapolis area, up 48% over the first three months of 2020.
With the dramatic decrease in available listings, the median price for homes sold in the 16-county area in March rose 8.4%, to $226,500, compared with $208,865 in March 2020.
The developer behind The Flats of Lebanon has proposed building a 42-unit apartment complex near Lebanon’s downtown square.
The number of active listings and sales has dropped over the past three months, as expected for the season. But even compared to one year ago—before the pandemic hit—the market is tight.
The organization has for decades helped families secure mortgages and generally works with neighborhood development groups on a litany of development projects. It has been focused of late on transit-oriented multifamily developments near IndyGo’s Red Line. But single-family units are a newer focus.
Interior designer Regan Billingsley still spends some time in her Washington, D.C., studio, but for much of the past year, she has been doing a fair amount of work from home.
The median price for homes sold in the 16-county area in February rose 18.9%, to $223,500, compared with $188,500 in February 2020.
February’s snowstorms failed to put a chill on demand for new homes in central Indiana, the Builders Association of Greater Indianapolis announced Wednesday.
For the first time since its founding in 1995, Angie’s List is getting a new name. But the reference to co-founder Angie Hicks isn’t going away.
A 62-year land covenant tied to the Asherwood estate and surrounding properties in Carmel is creating difficulties for developers of a proposed 40-home luxury neighborhood because it calls for front-yard setbacks of at least 75 feet.
