The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-10-27
MARKET Is MORE ACTIVE
REAL ESTATE MEN ENCOURAGED
OVER TIE OUTLOOK.
The Transfers for the Week Aggre-
gated 3o9.954.9I-severaI Big
sales Made-Other Matters.

Last week showed more active market
IN the real-estate business than has been
noticed for many months. This is account
FL for from the fact that all vacations are
now over, the carnival is ended, and the
routine OF business il now being main
tanned. The week was really the opening
OF the fall real-estate market. which is ex-
peeted To continue lively until the holidays.
Inquiries are being received by real-estate
men with an interest that almost insures
sales. The transfers OF the week were prin-
oipally in residence properties, ranging in
price from Si.500 TO $500.
The transfers FOR the week numbered l5S.
and the aggregate consideration S5S9.S549l,
an increase over the preceding week of ten
transfers and s14O.iO427. Notwithstanding
this good showing Of the market by the
deeds recorded. it does not represent all of
the transfers made, as many were not hled
for record The real-estate men are wei
pleased with this big increase in transfers,
and look forward 10 lively market for the
remainder Of the year
Xxx
The last OF the original Hammond estate
is being sold by Mary V. Hammond. ad-
ministratrix of her husbands estate,
through J. L. Wright Il Co. Thirty-four
acres Of the eighty acres remaining of the
old original homestead. above Fall creek
have been sold IN the last Few days. The
land was entered by Reason Hammond in
July. eighty years ago. Mr.. Hammond was
a preacher. who Travelled over great deal
OF Indiana in its pioneer days, and also
bought up considerable land. He the
original owner of Woodruff Place and the
land where the Central Insane Hospital Is
now located. besides owning large farms in
various parts of the State The property
In the immediate vicinity of Indianapolis
has either been sold or traded until the
eighty acres was all of the original that
remained when Mrs. Hammond became adj
ministratrix of her husbands estate.
The land Il strip One-quarter OF a mile
wide and extending from Thirty-eighth TO
FOrty-secOnd street The east boundary
line Of the property is the extension OF Col
Iege avenue The thirty-fOur acres sold II,
perhaps, all that will be disposed of by the
administrators. The price received for the
property was 500 an acre. and it was sold
in small tracts. Charles :. Lewis pur-
chased twelve acres. A. A; Mekain SIX
acres. Piersou Mendenhall and Fred Joss
two acres. and Miss Louisa Overholser one
acre. All of the property purchased VIII
be used for residence purposes
The lots of the plat of Gen. T. a. Morris,
lying between New Jersey and Alabama
streets and Eleventh and Thirteenth
streets. have been all virtually sold by w.
r. Stevenson, who has had the exclusive
sale OF them. During the last year twen-
ty-eight of these We're exchanged, leaving
only two. for which negotiations are pend
ing which will result in transfers the first
of this week This firm sold yesterday the
cottage owned by Anna ii. Springsteen, To-
Gated at No 1920 North New Jersey street,
to ROSina ;. Stewart Tor a consideration OF
$1,000 The same purchaser also secured
the deed for property located at NO. lVzl
North Alabama street. The transfer was
made by Mrs. Mary L. Hess for $500. Gen.
r. A. Morris also sold TO the same lady.
through the Stevenson agency, Lot 81 OF ms
second addition. corner of New Jersey and
Eleventh streets. for $3.50
James A. Wilson sold his residence at No.
1i12 Central avenue TO Carl l. Rost for So
coo cash The lot has a fifty-eight-foOt
frontage The property adjoining on the
north. N-it6. with handsome modern
residence. was sold by Reason ID. Sanders
to Harry and Edward Stout for $500. n
small business block on Virginia avenue.
near buchanan street, was also sold for
consideration of $500. Lot 50, situated or
New Jersey street in the II. a Norris adj
djtiOn, was purchased by X. ID. Hunord al
$500.
These sales aggregate s31 500. but are only
a few of the transfers made by the Stew
ensOn agency in the DaSt ten days. as
number were chronicled in the Journal
earlier in the week.
Nellie s Wolcott yesterday sold her res
idence on North Meridian street. near
Tenth street. 10 Mary 5. Carey for $4,000.
SIX
James w Selvage yesterday transferred
his property on North Meridian street, near
Twenty-eighth street. 30 Emma Eckhouse
for $500.
Lettie Say has purchased a property on
Twenty-seventh street. near Meridian, of
Minnie l.. Johnson for $500.
Ferdinand g. Smock yesterday sold his
property on North New Jersey street. near
Twenty-second. TO Ida c. Fornum for S4,275
Charles II. Shaw yesterday purchased a
one-third interest in the brick block at the
corner of Wabash and Delaware streets
for "A consideration of S15.0O0