Community News
Will Hansen and Horn Home Builders be the next casualty of the Indianpolis real estate market? The talk on the street indicates it is probable. It was first reported on WishTV.com the Indianapolis home builder was having problems paying bills and is being sued by subcontractors for money they are owed. Customer complaints about work which had not begun or homes not completed on time also made the news. The Indianapolis Star picked up the same story, stating the Builders Association of Greater Indianapolis (BAGI) had canceled Hansen and Horn’s membership. The Indianapolis Business Journal reports a Marion County judge...
Indianapolis offers the most affordable housing in the nation, according to CNNMoney. You can read the full story here. I don’t know what the criteria was for determining the most affordable cities to buy a home. It appears to be based on income, average home sale prices and affordability score. The article states the median home price in Indianapolis is $107,000, which is about right. Median home price indicates the number at which as many homes sold above the median price as there were homes sold below the median price. I’m not sure what the end date was for the...
Today, the Hilbert Mansion on 116th Street in Carmel was reduced by another $5,000,000. Originally listed at $25,000,000, the current asking price is less than 40% of the original listed price. You can read the story here. The volatility of the real estate market has taken it’s toll on higher end homes in Metropolitan Indianapolis. McMansions are being passed on for more economical living choices. Home sales in Indianapolis over the past few months may not reveal the true picture of sales per price point. Since many first time home buyers are taking advantage of the $8000.00 rebate, the price...
Bulldogs are ugly dogs! Those were the words my ten year old belted out near the end of her 4th grade year. This was her response to the news that next year she would attend a new school as we were moving to Brownsburg over the summer. I assured her that all would be ok and that the Brownsburg Poodles just wouldn’t have the same affect but she did not find my humor on the matter very soothing. She gave the typical rebuttals you would expect…I won’t have any friends, there are only cowboys in the country (my personal favorite)...
Ground has been broken on the new roundabout at County Road 100N and Dan Jones in Avon, giving the city it’s third roundabout. Now, we have the rules. Nothing is ever as simple as it seems; you merge into the roundabout and get off at the appropriate turn, Right? Maybe! Recently codified rules of the roundabouts were adopted by the Town of Avon and improper use can result in a $170.00 ticket. Approach – when approaching the roundabout, you must yield to both lanes of traffic – of course this means you may never make it into the roundabout. Exiting...
Being a fairly astute user of the online media universe, I applaud the Town of Avon for their latest efforts in keeping the citizens informed of the local Town Council Meetings through the use of YouTube. Visit the Town of Avon’s YouTube page. Now you don’t have to miss the results of a Town Council Meeting. Keep track of the issues which involve you, your community and Town Issues in Avon, Indiana....
Seven Indianapolis areas will receive federal funds earmarked for neighborhood revitalization. $29 million will be used to counteract the effects of foreclosures in neighborhoods located within the city of Indianapolis. The city of Indianapolis has been successful in the revitalization of several historic neighborhoods in the downtown area, including the Old Northside, Lockerbie Square and Fall Creek Place to name a few. Which neighborhoods have received the federal funding? Concord Community Development Corp – This area of Indianapolis lies North of Hanna, South of Washington Street, East of White River and west of Madison Ave/I-65. Englewood Community Development Corporation –...
