Mobile home operator accused of discrimination
The Fair Housing Center of Central Indiana this month filed the federal lawsuit against Shiloh Estates in Indianapolis and Colorado-based owner FR Community.
Residential Real Estate
Articles
Local not-for-profit buying bulk of Zender apartment portfolio
Merchants Affordable Housing Corp. plans to spend at least $30 million to buy and rehab 10 buildings, most of them north of downtown.
Up-and-down year continues for home builders
Builders filed 492 single-family permits in the nine-county metropolitan area in April, the Builders Association of Greater Indianapolis said Friday. That's a 10-percent decrease from April 2014.
Central Indiana home sales show slight monthly increase
Area home-sale agreements are up 8.9 percent through the first four months of the year compared with the same time period last year.
Lombardo selling local lots to Fischer Homes
Michigan-based Lombardo Homes, which entered the Indianapolis-area market two years ago, is selling nearly 200 local home sites and wrapping up central Indiana operations.
Developer plans $11M apartment project near state fairgrounds
BWI LLC has purchased an industrial property near Fall Creek Parkway and East 38th Street and plans to convert the building into 49 affordable and market-rate units.
Pence passes law to address vacant housing
City officials in Indianapolis are applauding a vacant housing law signed by Indiana Gov. Mike Pence, despite the fact that it won't let municipalities hold banks responsible for upkeep on so-called “zombie homes.”
$32M student housing project proposed near White River
Annex Student Living LLC wants to build a six-story, 248-unit apartment building along West 10th Street on a four-acre parcel the company has agreed to buy.
More Americans spending at least half their pay on housing
The Great Recession caused waves of foreclosures and layoffs that pushed more Americans into renting. More than 36 percent of people now rent, compared with 31 percent before the recession began in late 2007.
Mother-daughter home rehab team gets shot at HGTV gig
Karen Jensen and Mina Starsiak, owners of Two Chicks and a Hammer, will be featured in a TV pilot airing Monday on the network. They could parlay the appearance into a 12-episode season.
Pulte to buy remaining land in Village of WestClay, Lochaven
Between the two high-end communities in Carmel and Noblesville, Pulte Homes expects to be able to build on more than 200 home sites.
Area homebuilding interest shows March thaw
Builders filed 492 single-family permits in the nine-county metropolitan area last month, a 7-percent increase from the same time last year, the Builders Association of Indianapolis said.
Central Indiana home sales slip after two monthly gains
Transactions involving existing homes fell in March by 1.8 percent, after rising the first two months of the year.
Longtime developer Alig charged with 20 felonies
A Marion County prosecutor’s affidavit accuses the Mansur Real Estate Services co-founder of receiving $340,000 from several victims through a securities fraud scheme.
Entrepreneurs hope to build residential real estate empire through crowdfunding
Jacob Blackett and Sterling White buy rental houses. Through their 6-month-old firm, Holdfolio, the 24-year-olds plan to bundle them and sell investors equity stakes in the portfolio through a Web-based platform.
Developer to tear down former Star headquarters
TWG Development LLC has abandoned plans to save most of the headquarters after deciding that renovating the oddly configured structure would be too difficult.
Online real estate brokerage Redfin enters market; brokers unfazed
A residential real estate service that prides itself on its tech-savvy ways and alternative methods of compensating agents hopes to make a splash in the Indianapolis market.
Residential Real Estate: Marketplace
Look here to see the latest housing sales in the Indianapolis area, as well as the most expensive local house sold recently, and a map showing where households with the greatest incomes are located.
Couple rescues Italianate farmhouse from decay
Couple called in favors and even kept a picture taken by a photographer who entered the shot in a contest for an image best portraying the emotion of fear.
Bill addressing foreclosure-prevention options under fire
An Indiana law that has helped thousands of residents at risk of foreclosure keep their homes could be "gutted" under a bill being considered by state lawmakers, housing advocates say.