Bank to give homebuyers $15K for down payments
Wells Fargo is unveiling a $4.5 million program in Indianapolis that would provide a huge chunk of up-front money for eligible homebuyers.
Residential Real Estate
Articles
Simon estate in Carmel hits market for $25 million
The 106-acre property includes a 50,000-square-foot mansion and private, 18-hole golf course. Mel Simon and his wife, Bren, had been working on disposing of the home even before the billionaire’s death in September 2009.
UPDATE: Plan saves Anderson’s Wigwam gym from demolition
The company that will operate under the name Wigwam LLC has agreed to maintain the gymnasium until at least 2030. It plans to convert part of the property into multifamily housing and to find partners to develop uses for other parts.
UPDATE: Security gates on tap for governor’s mansion
Preservation officials for the Meridian corridor have given unanimous approval for wrought-iron gates and brick columns at the entrances to the mansion at 46th and Meridian streets.
New U.S. homes sales fall unexpectedly to 4-month low
Sales declined 2.4 percent in July, to a 412,000 annualized pace, the fewest since March and weaker than economist predictions.
Builders Estridge and Davis rebound from bust, run own firms again
Brad Davis and Paul Estridge Jr. belong to a select fraternity. They’re prominent Indianapolis homebuilders whose companies faltered during the housing downturn, only to re-emerge in another incarnation.
Residents of Packard condos settle suit with developer
Residents of downtown's The Packard condominiums have settled a two-year-old lawsuit with developer Kosene & Kosene Residential.
Wynkoop is top real estate agent in 2014
Scott Wynkoop placed first among all-star agents a third year in a row.
All-star real estate agent leadership sounding familiar
Ward takes first place among IBJ’s All-Star Teams sixth year in row.
Indianapolis homebuilder combines dashing design, prefabricated construction
Ursula David hopes her first manufactured home will catch on at other infill lots close to downtown.
Condos making comeback in Indianapolis
The market is starting to wake up after years of slumber caused by the housing downturn.
At-Home Quarterly Marketplace
Look here for statistics on Indianapolis-area home sales, the most expensive local sale, and a map showing population density.
Home construction on the rise nationally
U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines. Construction faltered, however, in the Midwest.
Central Indiana home sales continue to trail 2013
Home-sale agreements declined 13.8 percent in the nine-county area in July, the 11th straight month deals have decreased.
Good Earth exits appeal of Broad Ripple project
The $30 million development has been delayed by a request to repeal a zoning change for the property. Though Good Earth is no longer involved, a local resident is continuing his fight against the project from Browning Investments Inc.
Lender files to foreclose on downtown’s Villagio condos
First Horizon Home Loans claims the owner of the Villagio at Page Pointe still owes nearly $5.2 million on an $11.6 million loan and is asking a court to appoint a receiver to manage the property until it’s sold.
Area homebuilding permit filings down in July
Permit filings for home construction in central Indiana fell 5 percent last month, the first decline the market has seen since January.
Revitalization plan brings new homes to Crown Hill area
Near North Development Corp. is serving as master developer of the project, which is using $488,000 in U.S. Department of Housing and Urban Development grants.
IUPUI plans to build $45 million residence hall
IUPUI hopes to build a $45 million residence hall for 700 students on the campus in time for the 2016-17 academic year, the university announced Friday afternoon.
Second city Land Bank defendant pleads guilty
A second defendant in an alleged kickback scheme involving the Indy Land Bank has pleaded guilty, and a judge has moved a trial for three remaining defendants to early 2015.