The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-04-28
ESTATE MARKET
MANY TRANSACTIONS LAST WEEK,
BIT No EXCEPTIONALLY BIG ONES.
Building Contractors ~Busy-PIsns of
Directors to Remodel the In
diana trust Building.

dollars. This, however. indicates an ac-
tivity that Is gratifying. for the total ran
UP 20 x5s1. 1855. More than a half million
dollars being exchanged for small proper
ties shows an interest and progress that
few cities OF the size OF indianapolis can
show. There Is a vast amount Of building
being carried on. At no time In the last
twenty-five years has there been such a de-
mand on-th9 contractors. many Of whom
are so burdehed with work in construction
thai they do not wish TO accept greater
duties. and refuse TO bid on the many
buildings. residences and factories that are
10 be erected.
William r. Roaehe has given Architect
Bates an order for three two-story frame
dwellings on Central avenue, between
Twenty-four and Twenty-hfth streets 10
cost $50 These viii have eight rooms
each. furnace heat and modern conven-
fences that appeal 70 the tenants tastes
and enjoyment
Architect TrayIor Is 70 contract for the
construction OF a four-room double house
for Mrs. Cornelius King. at 1886 East Tenth
street to cost 5000. These will be in keep
ing with modern architecture. having fur
mace heat, hard floors. and other features
10 make them attractive and coy homes.
Another house of the same size and I'm the
same style is being planned for J. J. kTee-
Der. at 76 Fayette. Furnace heat will be
supplied here also.
Architect Hastings has drawn plans for a
double frame dwelling for J. A. Isgrigg. on
abe northwest corner Of Senate avenue and
Twentieth street. There will be a steam
heating plant for each house. and a feature
sutside of ordinary construction will be a
combined sidebOard and china closet. IL
mill hax-a al other rnnIarn devices thar sn
in handsome structures OF It's kind, and VIII
cost S.000. This architect has also prepared
pans Tor a Deauu1ul cottage fronting on
West Washington street, for DIR. Hadley.
that will have furnace heat, baths, plate
glass Windows and all modern construction,
nj a cost Of $500.
Thomas Lewis. of the Street-railway
Company, is having Mr.. TraylOr create for
him an addition to his home at 20l5 Ashland
avenue, which will cost 81, 500.
Mr.. Bert Feiblemsn has sold to J. f. Nc
Csrthy a lot lying on Pine. Lord and Har-
rison streets. for The sum of 5000. upon
which the purchaser proposes to erect what
he calls a modern European hotel. suitable
u size for the location. In .his neighbour
hood are the yards of the Big Four Rail-
road. with hundreds of employees. and it Is
the purpose to serve these at their pleasure,
as many are going and coming on trains
departing TO and from the city during the
day and Ugh The lot is located on three
streets and the building can have three
fronts. There is a depth of 40 feet on Pine
snd Lord streets.
Permits we're Issued Friday to Charles t.
Whitsett. Eugene y. Cooper and b. Frank
Schmidt for their fats at OIL North Me-
ridjan. 627 North Pennsylvania and the
northwest corner of Senate avenue and
New York street. The total amount is
$500. MIR. Schmidt's permit being for So
Ce. These were all fully described in pre-
vious issues of the Sunday Journal.
XXX
The directors OF the Indiana Trust Com
pany have decided TO remodel the Indiana
Trust building IN order 10
the increasing business of the company.
The present four stOrerooms east of the
entrance TO the trust building are to be
made into one large room with a new
front. This change will add a frontage
TO the Trust COmpany's offices on Wash
tngton street OF sixty-fve feet. making a
total frontage on this street of i3I feet.
and a frontage on Virginia avenue of 16S
feet. The entire lower floors and base
ment OF the building are 10 he occupied
IN the future by the offices of the Trust
Company. adding S.S22 square feet of floor
space To its present accommodations and
space TO be used for the various depart
ments of the company. The entrance TO
the new room and to all of the other de-
~partments of the company will be from
the main vestibule of the company's build
ing The new room is to be used TO accom-
mediate the general offices and savings de-
partment of the Trust Company. The pres
emit general offices of the company are to
be used in the future for its trust depart
ment The safety vault department and
the real-estate and insurance department
OF the company will remain in their pres
ent locations. 1t Is expected that these
Changes will be completed by Sept. l.
Xxx
John r. McCIelland. guardian. decided
A. xrsfl3f.,. nrf,~ H. aarY,- rarf ,f tha
week. a large acreage OF farm land at the
intersection of Pike and Wayne town
chips. north OF the Charlottesville pike,
and one mile east OF ClearmOnt. Consid-
Grafton. Slo.oW.
The property at the corner OF Merrill
street and Senate avenue. with a front
age Of forty feet and a depth of ninety,
was sold to Henry W. Edward by John
c. Buchanan. for 5000. The land is as
sessed AZ $3.50.
Norman : Byram sold to the Indiana
Savings and Investment Company fourteen
lots fronting or Fayette street. between
St. Clair ~eDd Tenth streets. for $4,000
These lots are assessed at 500 each and the
Improvements at an average of $3.50.
Xxx
Mary y Harvey purchased OF Joel IL
Richardson a home on Ritter avenue. Ir-
vington. lying between Washington street
and Romell avenue. with a frontage OF
g BY io feet. at $3.50. This property Is
assessed as follows: Land. 5000; improve
ments. $1.1es.
Among the transfers on the south side
o.. the city was a piece OF property bought
by Alexander Cohen from Peter Benz
1t Is on Meridian street. just below Mer-
I'll. and brought S7.No. The ground has q
frontage OF Meridian street OF - feet and
a depth OF t41.10. IL has a residence on
if valueud by the assessors at Si.S15 and
the ground IS appraised at $3.50.
Another South Side transfer was that
from franklin Nonnegut to- Chritsopher
BernIoehr. fronting on Meridian street 10y
forty feet and with a depth Of 1G26. Mr.
Rernloehr paid S4.5O0 for this. while the
assessment stands at Si,500 on the land and
$50 on Improvements
Henry t.. Nehling purchased Of Frederick
W. Schowe the property on Virginia ave-
nue. between Pine and Cedar streets. with
a frontage on Virginia avenue OF forty feet
and q depth of -. The ground Il assessed
at s. 30 and Improvements $50 Mr.. Nehl-
ing paid $500.
Miss Alice Finch decided 10 Anton
80. - 49,, lot fr,pffpu on Va