The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-06-23
ACTIVE in ONE QUARTER
GOOD PRICES FOR REAL ESTATE IL
NORTHEAST SECTION.
Small Properties Make the Best sales
Many Transfers Are Made
Building Permits.

A number OF reaI-estate transfers Of last
week Indicate an active market in property
in the northeast part Of the city. located
more particularly in the vicinity of the
Belt Railroad and East Tenth street. The
building In that part OF the city has lately
shown a noticeable advancement. The
buildings that arc now being erected are
principally cottages and double houses.
large houses having proved a failure. The
price of lots shows a good market. Last
week a. J.. Meyer & CO. sold three lots at
the corner Of olney avenue M Tenth
street. for Rudolph Rupert 10 William Z.
Armar.d, for $500. Considering Pie location
this is a good price. Recently the same
agency disposed OF a large house in that
locality for a price so low that II was re-
garded as ridiculous. while small cottages
have sold at handsome figures. One man
who has erected a double house in that
vicinity is now said 10 be realizing more
than 10 per cent. on his investment. This
is regarded as prosperous real estate busi-
ness by local dealers on account or the low
money market.
Nearly all investors outside of realizes
tate men themselves represent the middle
Ctd<St<s those MAKING from SfO 10 - a
month. and the demand is not for large
dwellings. The locality Is near Brookside
Park. and is reached by the East Tenth
street line, which goes TO the new park.
J.. W. Friday & Co. sold during the week
q lot In Irvington, owned by Clara II.
Young. OF Duluth. Mimi. to H. r. Huls-
mieT, and another in Haywood Park TO
Fred A. Likely. for Byron Custer.
Xxx
The Benjamin F. Cline agency last week
sold the property OF Ella w Shortridge.
2o27 BeIlefontaine street. TO Margaret
Brush. who gave in exchange a lot on Park
consideration was $500. The lot has a
frontage OF hfty-five feet and a depth OF
Isl feet.
The double frame dwelling at 12e and 1s
West Fourteenth street. was sold during
the week by a. j. Meyer & Co. for $500.
The deed was from Mrs. Emma Warning TO
Lelah Is. Fox.
Architect S. c. Dark is preparing plans
for a modern frame dwelling for Alfred
Pahud. the florist. who has a flower garden
opposite the entrance 10 Crown Hill Gem
etery. The residence will be located at the
garden and will cost at least $4,000.
XXX
Architect Herbert w. Foltz is working
on plans for the S~helbyville Lithia Water
Company that proposes to erect a hotel
and bathhouse at Shelbyville. where the
new mineral water has been discovered.
The company has already purchased a
large, tWO-story brick house. which is be-
ing remodeled into "a bathhouse, one story
for men and one for women. II Is said
the company building a large
hotel I'm the future at a probable cost OF
500. 900. Mr.. Foltz is also working on plans
for a residence for Glen j. Howe at Thir-
teenth street and Central avenue. The
house will be a modern structure. and the
contract for the stone foundation alone
was let at N,20c.
John a. Hosbrook has sold to Robert F.
Hight a house and lot on Illinois street.
by 15 feet. and is assessed at $500, the i'm
provements at $1,000.
= Hiram b.. Patten last week purchased OF
Elizabeth Fleece a property on Ashland
avenue. near Twentieth street. for $500:
The lot has a N-fOot frontage. and is 1874
feet deep. The improvements are assessed
NJ $500. and the lot at $1,000.
Justine Schuster last week transferred
Two houses and lots on Weghorst street,
near Leonard, TO William Bartlett for 50. 600.
The lots are "a by 13 feet each. and are
assessed at $500. the improvements at $3.50.
Elisha s. Strong yesterday sold TO Lewis
NJ. Chamberlain a house and lot at the
corner of indiana avenue and Montcalm
street for $500. The lot is 592 feet by Isl
feet. The improvements are assessed at
$500. and the lot at 500.
XXX
Peter Phisterer yesterday purchased of
Kate A. Weyenberg a property at the cor
ner of keystone avenue and New York
street for $500. The improvements are
appraised at $500. and the real estate at
S5- The lot is 1929 by 100 feet.
Martha h. Drew yesterday purchased the
North Meridian-stree residence of Charles
o. lockwood for $1,000. The lot fronts 40.
feet on North Meridian street. and is 1s1. .
feet deep. and Is located near Fourteenth
street TIL improvements are assessed at
500, and the lot at 5000.
The report was current yesterday that
Maj. William J. Richards is about to open
a real-estate and insurance Office in this
city and that he will have associated with
him Robert NJ. Eacock. Mr.. Eacock has
announced his intention to leave LAFAYETTE.
where he has been engaged with his father.
George j. Eacock. in similar business. and
come 10 indianapolis 10 reside permanently.
Major Richards could not De seen last night
TO verify the part or the story connecting
him with Mr.. Eacock's new venture.
Xxx
Wilkinson NJ. Tout has sold TO Henry O..
Werbe his property on Delaware street.
near Seventeenth street. for $500. The lot
fronts forty feet on Delaware street. is 1G5
feet deep and Is assessed at 81 500: the I'M
provements at $l.700.
Patrick Harity has purchased of Mary F..
Eittrich eight lots on North Alabama
street. near Thirty-eighth street. for $1,000.
The lots are 25xlO5 feet and are assessed
at SO each. In exchange Harity sold TO
Mrs Battrich a part of three lots on West
Vermont street, near California. for $500.
TIL lots have a frontage OF 1881 feet on
Vermont street and are 81 feet deep. The
improvements are assessed at S125 and the
lots at sl.1l0.
Henry c. Brinker has sold 10 Thomas Fl.
Johnson his North Meridian street resi-
dence. near Twenty-sScond street. for So
90 The lot Is 50xls0 feet and Is assessed
at $500. the improvements at s.. eco.
Ida Z. Austin has sold to Eliza ]. c..
Newsom a house and lot on ST. Clair
street. near Fort Wayne avenue. for g. Goa.
The lot Is 30 fxl75 feet and is assessed at
81, no. The Improvements are appraised at
sac.
Isaac ~. Richie last week purchased Of
Cornelius G. Mead a residence property on
North Delaware street. near Eighteenth
street. for The lOt Is 5tx1R5 feet The