Home tour: Cottage Home place has cool little carriage house
Bill Pritt, owner of FortyFive Degrees restaurant at College and Massachusetts avenues, has moved from the main house to the apartment above the garage.
Bill Pritt, owner of FortyFive Degrees restaurant at College and Massachusetts avenues, has moved from the main house to the apartment above the garage.
An especially low inventory of homes for sale is driving up prices and requiring buyers to take unusual steps to secure the places they want.
The total number of active home listings in the 15-county central Indiana region dropped 25 percent from the end of May 2017 to the end of last month.
The kind of housing that caters to millennials and empty-nesters is finally on the upswing in Noblesville—although the growth in single-family homes is still increasing, too, city officials say.
Brooks Farm would feature 314 homes built by two builders, including attached villas and single-family homes.
The “2,000 homes” dashboard—named after a pledge by Mayor Joe Hogsett to “rehab, transform, or demolish” 2,000 homes in two years— allows residents to see addresses of blighted homes, their owners, and the type of city intervention they have received or will receive.
The total number of active home listings in the region plummeted 19.4 percent, from 8,489 at the end of February 2017 to just 6,845 at the end of last month.
Builders filed 481 single-family construction permits in the nine-county area in February, a 37 percent increase over the 351 permits they filed in 2017.
Neighbors contacted about selling their homes to make way for the development say St. Vincent Health is behind it. But a St. Vincent spokeswoman said the organization does not have “details to share” at this time.
Home sales of $1 million or more in the Indianapolis area have skyrocketed 143 percent since 2012. Last year, nearly 150 such homes were sold, compared to only 61 five years ago.