The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-11-03
Business Is Fair, However,
With important Deals
in Last Week.

Although the approach of election
and tax paying time has slowed the
local real estate market slightly, &C
cording to some realtors. the Indi-
annapolis Real Estate Board today
reported fair activities in the last
week.
Purchase by Arthur c. Newly of
a twenty six-acre home site was
announced by William S. Allen, real
tor. The site at Forty eighth street
and KesSler boulevard. was sold by
the Northwest Realty Company.
Newly plans to develop the tract
for a permanent home, according to
Allen.
Sale to Richard E. Lundy by Mrs.
Martha N. Moody of a five-room
bungalow at 1915 Spruce street was
announced by Lawrence J. Sexton.
Several sales we're made by the Allison
Realty Company. In one deal Allison sold
a lot on Grant avenue. owned by F. N.
Thompson. to H. Y. Taylor, for $500.
Emma Rorckle purchased a residence. 1927
Allen avenue. for s4.950. and a $1,000
home. 1921 Bellefontaine street. was sold
by the Grindale Construction Company TO
Boris J. Borchorif.
Contract to build a home on Napoleon
street for Clarence Kostander was made
with the Grinsdale Construction Com
pany. The house is to cost $4,000.
Washington Company Busy
A number of deals we're closed by
statesmen for the real estate department
OF the Washington Bank and Trust Com
pany. W. A. Wicker. sold four lots in
the Newark addition. to Leo w. Davis.
large lot in Meridian Hills was sold
by James c. Myers to r. E. Wiley and
H. E. Rodden. representing F. NJ. Gordon.
sold a residence. ll19 Drexel avenue. TO
George V. Green.
Two sales we're made by A. r. Scott.
Ben Davis puhrdul gfwyp kqj qijnlnjJh
Ben Bailey purchasing property, 1920 Hill
side avenue. from Charles Chambers. and
a home owned by Florence s. Knapp was
sold TO Grant Franklin.
Deals totaling approximately s27.6oO
we're made by the real estate department
Of the Farmers Trust Company. accord
ing to Wayne w. Schmidt. manager. Two
single houses. 22l4 North Alabama street
and 6l32 Broadway. we're sold by Hugh
Gerow. Gerow and L. c. Wallis closed a
deal in which a double residence. 5326-2s
College avenue was sold.
large. Spanish type. stucco residence.
1886 Lamond avenue. in Forest Manor
addition. was leased to John Roberts.
manager OF the American Radiator Com
pany.
Russell Has $4,000 Business
Transactions totaling approximately
$4,000 were closed by George W Russell
g. Co.
DR.. o. Kemp Johnston. dentist. pur-
chased from Ruth A. E. Tolies a home.
10 South Irvington avenue At the same
time. the Russell company bought from
DR.. Johnston a lot on Ridge View drive
near Pleasant Run boulevard.
large duplex and one acre of ground
237 Downey avenue. was sold by the COM
pany for Alic J. Lupear to Charles P. and
Mary happening. Lupear accepting as
part consideration a residence, 35s South
Audubon road.
lot on Arlington avenue, near Lowell
avenue, was sold through the Russell
company by the Arlington Development
company 70 Mr.. and Mrs. James p. Fitch
and the home Of Dr. Silas W. Ruther.
ford. 3is Campbell avenue. was purchased
by Charles W. Heathco
Five residential building projects. sale
Of several other PROPERTIES and lease OF
storeroom were among transactions
closed by Bridges e. Graves. The deals
totaled approximately $73. 500. The store.
room leased for five years was that al
2ss North Delaware street. It will b,