The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-04
HOLIDAY FAILS
TO CUT REALTY
| SALES VOLUME
City Companies Report
Many Deals of Import
anCe in Last Week.

anCe in Last Week.
Sales of real estate held their
usual volume despite the Memorial
day holiday according to reports
made to the office of the Indianapolis
Real Estate Board.
Ralph Schneider, president of the
Civic Realty Company, reports sales
of f1ve-room /semi-modern bunga-
low at All Hovey St. to John w.
Willis for $500 and a five-room
modern bungalow at 1888 Conan
Ave. to William o. Hill for $4,000.
P. A. Havelick reports four sales
approximating 100000 Included
was brick veneer residence at
3947 n. Delaware st. to DR.. j. w.
Ricketts,, also a double house and
two lots, one on North Pennsylvania
st. between Fifty-First and Fifty
Second ST.
Quad Company Is Buyer
o. D. Ross of the Indiana Trust
Company reports that the Quad
Realty Company purchased resi-
dence at 623 E. st. Clair st. from
Thomas r. Beaver for $3.50, ana
contracted to build six-room bun
galow at Twelfth and LinWood for
$500.
Fred P. Mertz of the Southern
Building and Realty Company re-
ports seven sales in the last two
weeks totalling $27,700, and that this
company had closed four building
IzReals totalling $4,000. William +.
Cooley sold a residence at 1916 n.
Riley Ave-, to r. E. Wiley for $500.
r. Apple purchased a residence at
1901 N. Denny ST., from the Guaranty
Discount Corporation for $4,500, and
E. W. Hallett, purchased from E. D.
Leischbrook a residence at III n.
DeQuincy st. for $500.
Residence Sold for $4,000
r. E. Wiley sold residence at
5673 Guilford Ave, to A. H. Vauern-
feind for $4,000. Frederick Mertz
Jr., purchased a house at 1928
Ruckle ST, from j. A. Aspinall. G.
v. Lashbrook purchased lot so in
the Woodford addition, from Spann
Company, and M. A. Heazlip pur-
chased lot So in Irvington Terrace
addition, from o. w. Smith.
The residences will be built as fol
lows: J. A. AspinalI at 1888 Guilford
Ave, one for M. A. Heazlip at 321
Kenyon St.. one for William Roth
kopf at 1870 Barth ST., one for Ted
Lashbrook at 1856 Bolton.
Frank c. Smith of the F. c. Smith
Company, reports that C2eve Long
necker purchased house at Wayne
Ave. and Gerard St, for $2,475, and
that his company is building several
homes in that locality.
Robert w Stockwell reports that
the double houses att 502-4.6.S-1O-12
W. Twenty-Fifth st. and 429-31 S.
Oakland Ave were traded by the
Postal State Bank for a 240-acre
farm in Putnam County. Total con-
sideration was $4,000.
Acreage Is Sold
E. NJ. Robinson Of Waddy
Springer reports that John Kramer
purchased FIVE acres with f1ve-room
modern bungalow in Lawrence Town
ship from C. T. Draper; that Arthur
Young bought a five-room modern
bungalow at 315 Sherman DR.. from
j. E. Johnston, and the sale of a lot
at 4701 Guilford Ave. by W. r. Cav
thorne to Aimon Nugent.
The report of Marion Stump Re
atty Company shows total considera-
ton of all it's deals is $9S,690. In
Guided was a sale by Edward Ferger
to William w. Carter of the north
east corner of Forty-Sixth st. and
College Ave, the price understood
to be around $4,000
Seven storerooms are being con-
structed by A. V. Stackhouse Cons
struction Company and leases have
been executed to the following: Cor
ner drug store to Lee Remmetter for
fifteen years; Piggy Wiggly Com
pany, a storeroom for five years; DR..
Frank M. Hall and Warren " Han
son, dentists, have leased rooms for
fve years; Albert L. Morgan also
has taken a hve-year lease on a
room.
Corner Brings $4,000
Another large sale involved the
southeast corner of Forty-Sixth st.
and College Ave. by A. Edward
Mantel to Fred Johnson. Considera-
ton was about $4,000.
Pray Agency sold to Orlando B.
Little, a Forty-Third st. lot for
-S19, 900. Paul r. Leach sold to John
w. Eubank the corner of Sixtieth
and Bellefontaine SITS, two lots at
$4,000. Charles r. Mccormack sold,
William S. Burrows one and one
dNalf acres on the Allisonville Rd
for $4,000. Burrows sold to c. K.
Mccormack, 500 N. Wallace ST.,
bungalow for $500. Samuel and
julius Falender sold to George B.
Lantz corner lot on Brookside
Blvd. for $500. Samuel and Julius
Fa1ander sold to Theodore G. Robe
son a. lot on the Brookside Blvd.
for $1,000.
Inter-City Building Company sold
to Edwin Wilson, 1902 E. st. Clair
ST., bungalow fon$ $1,000. George w.
Gerking sold to G. Ogden lot on
Mcclure ST. for $3.50.
Eight Deals Reported
H T. Hotel, manager of the real
estate department of the Washing
ton Bank and. Trust Company, re-
u