The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-10-16
R~EAL-ESTATE MARKET.
Not Particularly Active, but There Is q Healthy
Demand.

The past week has seen no great activity
in the real-estate market. though there has
been enough to do to make those interested
in 1t on the alert. And there seems to be
but little change in the trend of Its way
toward the center of the town. 1t is most
too late in the year to expect
the steady volume of business that the
past months have been prolific of,
but it il not unreasonable to .ex-
poet q fare-up now and then that
will make things look bright. The last
week was decidedly barren of them. and
the transfers of that period, with q total OF
SIS. 401, do not show but one sale OF
more than $4,000, the remainder being
made mp of considerably lesser sums. The
old adage, however, that man Titles make
q big is applicable in the present case. and
when viewed from that standpoint 1t has
much of encOuragement In II. Kent
al agents still continue to have their
hands exceedingly full. and no sooner does
q desirable residence. office or business
property fall into their hands, than it goes
out much more quietly than IL came. This
holds good more In the centrally located
districts. of course, than In the moro re-
mote ones. but the overflow is sufficient to
make it go clear around, consequently all
are feeling good. There is more building
going on In Indianapolis right now than
ever before in her history at this time of
year.. 1t il gettipg so that cold weather
only seems to accelerate the sound
of the builders hammer, and winter
is no longer the season Tor the CARPENTER to
do something else. This building is prin-
cipally in dwelling-houses Of the middle
and SIN aller class, and a great deal of it,
according to loan agents. 10 by members OF
the various building and loan associations.
A better sign of a city's prosperity cannot
very we'll be had than for it to have pros
RS ~ WI nrIip m md fvnnn ol ndiaa
tions that is What Indianapolis has. Next
year is bound TO see some very large build
ing down town, If all indications
prove true. Men are as yet chary
in talking Of their plans. which are still
hat in embryo. but it is certain that
several business blocks OF the most modern
style will supplant some of the old eye
sores on Washington street. and that some
will spring out OF vacant ground on some
of the less travelled ones. A now hotel is
also in cOntem p~lation, and in o fair way to
q certainty. The site will be the vacant
lot on the corner of Delaware and wabash
streets, adjacent 0the new Empire Theator,
and it is asserted that 1t will be erected
and run especially in the interests of the
theatrical profession. Its projectors are
non-residents. and they believe that it
would he q paying investment. Suburban
property IS holding its own TO o certain ex-
able the foretaste OF winter is having some
effect. North Indianapolis. Brightwood,
Irvington and HaughvIlle are all doing
we'll and have no complaints to make.
Irvington goes on In her quiet way
TO her self-appOinted end of being
the Brooklyn of Indianapolis. while
the others ara gaining new factories for
themselves and each is making itself as
much of q business center as possible. A
brisk trade seems to be thriving In the adj
ditions. The biggest part of them offer
rapid transit facilities. both gases and
water. which, combined With the moderate
prices prevailing and easy payments Of
fered make them In every way desirable.
On the whole Indianapolis prospects seem
brighter than ever before for a prosperous
year to come. She certainly Will be duly
advertised with the q. A. r. assemblaae
and various other gOings.On to take place,
and there is no reason why that advertise.
ment should not bring on u good reward.
NOTES.
Paving of the streets inMorton Place has
been finished. and the old State fair grounds
is nothing much but o haunting memory.
The new Central Christian Church. on
North Delaware street, is rapidly nearing
com ~pletion, aud is o model of neatness and
beauty.
A trip through the additions sho VS. tina,
many pretty houses are being erected in
them. Kenwood. Lincoln Park. Ardmore
| Douglass Park, and many others are receiv
[ ing their full quota
The Pennsylvania-street pavement still
continues TO hang fire. and the resi-
dents on either side of .the thorouRhtart
use up much nerve force daily in TIT
expression of impotent wrath.