PNC foreclosing on Janus Lofts building
Pittsburgh-based PNC Bank has filed to foreclose on the historic five-story Janus Lofts building at 240 S. Meridian St.
Residential Real Estate
Articles
Westfield residents to hear plans for $1B development
The Estridge Cos., a Carmel-based home builder, will present details of the massive project—mixing condos, apartments
and retail with a $15 million stadium—at a public hearing
Monday evening.
Durham’s Geist mansion listed for $5.5 million
Beleaguered local businessman Tim Durham’s Geist home is listed for sale with a $5.5 million asking price.
Residential building activity levels off after surge
The number of building permits filed in the nine-county metropolitan area has been flat the past two months following a flurry
of activity leading up to the expiration of federal home-buying tax credits.
Home construction sinks, building permits down
May saw a 17-percent decline in the single-family home market, which had benefited earlier in the year from federal tax credits.
It was the largest monthly drop in single-family construction since January 1991.
Developer facing legal action everywhere it has built condos
Three of the four principals in Page Development were in court June 8 to sift through the fallout from a $1.35 million judgment
against them. It’s only the tip of Page Development’s financial straits.
Long-vacant Washington Street buildings headed for revival
Workers are restoring facades on two empty buildings along Washington Street just east of Meridian Street as part
of
a
retail
and residential redevelopment.
Area home sales took big hit in May as credit expires
Pending home sales fell 31.5 percent last month, following expiration of the federal home-buyer tax credit.
Fort Ben home, condos headed to auction
The former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old army base are being auctioned June 17, a reflection of the difficulty of selling high-end condos in a soft real estate market.
Indiana contractors scramble for certification to remove lead
New U.S. Environmental Protection Agency rules force precautions on paint chips, dust.
Group plans reuse of historic former elementary school
A former elementary school built in 1905 is getting a new use for the second time since the last schoolchildren departed
in 1979.
Lawrence Village inks J.C. Hart deal, seeks retail developer
The Fort Harrison Reuse Authority has approved the sale of a 6.6-acre site to Carmel-based J.C. Hart Co. for development of a 217-unit apartment community.
Expiring tax credits boost home sales nationally
Sales of previously owned homes rose 7.6 percent in April, the best showing in five months.
New home construction rises, but permits sink
A drop in building permits, a gauge of future activity, along with the expiration of a government tax credit for home purchases
suggest the construction gains could fade soon.
New monthly event aims to recruit downtown residents
Indianapolis Downtown Inc. is launching a new monthly event to encourage more people to live downtown just as real estate
brokers say interest in available homes is picking up.
Prosecutor drops arson charges in Cosmopolitan fire
Homeless man Brandon Burns had been accused of setting the massive blaze.
Tax credits help boost April home sales in central Indiana
Home-sale agreements surged 33.8 percent in the Indianapolis area in April as buyers rushed to beat the deadline for federal
tax incentives.
Apartment sellers testing market again
Several apartment properties are back on the market as owners try to appeal to private investors looking for deals before higher interest rates and inflation dampen their enthusiasm.
Mass Ave project adds garage, wins approval
Work could begin this fall on $10 million Trail Side complex.
Lender wants Hansen & Horn receivership terminated
Salin Bank argues that it wants to "control its own destiny" by selling 49 lots the homebuilder defaulted on rather
than have court-appointed receiver coordinate the sale.