The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1913-03-01
INTEREST
IN REALTY
REVIVED

The cold weather and the snow of the
past week has dampened the erdor of
those interested in the purchase of real
estate. but it is expected that with
the approach of spring that the inter-
est will be revived again.
The most interesting local transact
ton of the week was the sale by An
ton II. Taper of his interest in the
Becker-Tapper Realty Co. and the
purchase of that stock by E. ullrich
of the East Side Trust & Savings bank
This insures an active effort to dis
pose of the property and means SO
much more development for Calumet
avenue. OF interest also was THE
TIMES announcement that 225 feet of
frontage on Calumet avenue would be
improved mostly with two and three
story buildings.
The news of the location of the H. W.
Johns-Manville Co.'S plant at River
dale was of interest on account of the
effort that was made to locate it in the
Calumte region in Indiana.
There have been desultory sales of
real estate in the various cities of the
region. but the sales are not numerous
enough to take on the proportions of
boom. The building operations that
are planned for this spring indicate
the optimism that prevails.
Mac Turner is also drawing the plans
for a number of the buildings that are
to be erected on Calumet avenue. in
Hammond He is making the plans for
Keldenich's building and also for the
three-story building that is to be erect
ed by Henry p. Downey.
state street Rooms.
Louis Roth, according to reliable in
formation, is going to erect a two-story
building the so feet of frontage he
owns next to the corner of Oakley ay-
enue and State street.
Mr.. Roth has a tenant for the build
ing already. He will make the new
structure credit to the street. The
plans will be definitely announced in
about two weeks.
William Hastings and Roscoe E.
Woods have an option to purchase the
property next to the federal building
known the McCool property. They
| got this property at very low figure
| and already are negotiating with a
number of prospects for the resale of
| the property. The lot has so feet of
frontage and is practically a corner
Carl Kaufman has erected a sign on
his State street frontage. near Oakley
| avenue and across from the federal
building. stating that he will build to
suit tenant.
| Activity Great.
This indicates that building activity
is extending eastward on State street
| at rapid rate. Other development
plans are under consideration that are
| not ready for announcement
| American Trust & Savings bank. in
| Hammond, which recently purchased
| the Fred Lash block, has also purehas-
ed from Joseph Ibach the property next
to this building. improvements are
contemplated
I 1t is understood that there are yer,
good indications that the Erie rail.
road will go ahead with the work o.
developing the land in the vicinity O.
Highlands which it purchased a shori
time ago.
The company has ordered the re.
moval of certain buildings which i
was first understood would be Above,
to remain for some time. The stee
for the new Erie coal storage ware
house has also been ordered
II There are other indications that tn
company will do something in the nea,
future. Highlands will be-the direc
: beneficiary and the people there ar
looking forward to great prosperity
Fred Carter has purchased the prop
erty on Lyman avenue in the rear o
Holman street on the west side of tn
street and expects to build on it 70
| the use of the Hammond brass works
) Carter is also considering building O
Holman street. where he holds rs fee
of frontage.