The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-05-29
ARTIST YOHN
BUYS CITY LOTS
Man Who Makes Pictures for Popular
Books Invests I'm indianapolis
Real Estate.
USED TO LIVE IN THIS CITY
Has Faith that North Part VIII Be-
come More Valuable Year
by Year.
USED TO LIVE IN THIS CITY
CITY IS SPREADING THAT WAY
Real-Estate Men Believe City Will
Some Disy Extend to Broad
Ripple.

Fred c. Yohn, the man who makes pic
lures for most of the books that are la
5eled among the seasons best Sellers"
signed TO ILLUSTRATIONS in the high-class
magazines. is Investing heavily inFIndi-
anopils real estate.
Yohn's home was formerly in Indian
apolis. but for several years he has lived
close to his work. which means in New
York city. II, has visited his old home
each year. however. keeping in close
touch with the city's development and
growth. and this explains his recent pur-
chases of lots in the northern part of
town.
For some time past Mr.. Yohn has been
buying real estate in the Washington
Heights addition, the purchases being
made purely as investments Mr.. Yohn
says he has the greatest faith in the
continued growth of the city, and that
the natural direction In which the great
est growth viii be made is toward the
north, where there are no railroads 10 be
crossed and where the beauty of the land
will insure that not many years will pass
before the whole section is thickly settled
Mr.. Yohn has exercised his own judg-
ment in purchasing the lots he holds
While he has had the advice of local
real-estate men, he has taken the course,
he says, that seems to him to promise
the best returns his investment. The
exact extent Of his real-estate purchases
is not known, but ii is stated that many
of the lots in the addition are held
in the name of Fred C.. Yohn.
Indianapolis is spreading toward the
nor north; i Is spreading in all directions
north might we'll be regarded as phe-
nomenal. Real-estate dealers, and men
who watch the conditions have the fol-
lowing theory ,for this expansion:
The buildings up of certain portions Of
the city has depended largely upon the
lay Of the land. some sites having been
chosen for factories, while other portions
became the best residence parts
Although there are many portions of the
city where the ground is high and dry and
every natural condition is favorable. prob
ably the broadest and most convenient
land of this kind lies TO the north. The
growth In this direction began and it kept
on going and X is still going until the city
extends far north OF Fall creek, and the
far-seeing believe il will some day extend
to Broad Ripple. The growth has always
been along the line of the best streets and
in direct connection with the city by street
cars.
All this has brought about still another
development-one which has been prophe-
sled for some time, and which is now TAX
ing place. Washington Heights lies i'm
what is generally conceded to be one of
the best partS.i with the one exception that
IL has never bhen in direct touch with the
city. Cut on rom the downtown districts
by Fall creek, the business districts could
be reached only by an indirect route. This
disadvantage, however, will soon be over
come by the completing of the College-ave-
nue. bridge anc the extending of the street
car lines in this direction.
IL is with these innovations that some
people are beginning to see the profit in
buying lots in this part OF the city for in
vestment. while many more are buying
sites for residences. The company owning
this addition has been making the. best of
terms 10 their purchasers and the price
Of the lots is such that they are being
taken by the best citizens in the city.
From indianapolis Sentinel
Monday May o.