The Indianapolis times., 1928-06-16
CAIN IN SALES
OF RESIDENCES
IS REPORTED
Improved Weather Makes
Stronger Market, Real
tors Says.

p sales OF reS1QenGlal prOperCleS and
home sites increased this week, ac-
cording to weekly real estate sur
vey of the Indianapolis Real Estate
Board. Improved weather condi-
tions contributed to the strength
ened market, according to the re-
port.
Lot sales totalling $27,2O0 we're
listed by the lot department of the
Union Trust Company, of which
Tom L. Dillon is manager.
Sales of the American Estates
Company in the last few weeks
amounted to 1880, according to
Joseph j, Argus, president. One of
the largest deals was the purchase
by o. S. Hunt from John Ritter of
a f1ve-bedroom, English type brick
veneer residence, 420 Buckingham
DR.. The home was valued at $685.
900.
Closes Four Deals
A brick veneer, tile rooted house,
4809 Central Ave, was bought by A.
E. Snyder from Ella Staub for $16,-
500, and James Smith sold to Roy
G. Shepman four-bedroom frame
home, 4178 Guilford Ave, for $10,-
600. Shepman sold to M. R. Hoyes
a $4,000 property, 2041 Ashland Ave
In an exchange approximately
$21 900, Edward Dalby bought from
B. Margason business property,
3015-17 N. Illinois ST., and sold to
Margason a bungalow at 5136 Maple
Lane.
-Four deals were closed by the
Allison Realty Company in the last
week. Transactions included the
sale by Paul l.. McCord to William
Brandt of home, 1115 N. Healing
Ave-, for $4,000; purchase by Will
liam Cook from G. o. Grinslade of
residence, APT Exeter Ave, for
$3.50, and sale by T. E. Grinslade
to Russell Beck of residence, 1894
Linwood Ave-, for $4,950.
Suburban Tract Traded
Exchanges totaling $4,000 were
closed by Robert w. Stockwell. ].
G. Marshall took title to a double
residence, 409-11 E. Fiftieth ST.,
valued at $4,000.
j. w. and j. M. Twitty accepting
as part payment $4,000 residence,
421 E. Forty Eighth st.
Stockwell traded a five and one
half acre suburban tract, three
miles southeast of the city, belong
ing to himself, for a residence, Sc
S. Ninth Ave, Beech Grove, form
erly owned by James H. Boyer.
Recent deals closed by John K.
Burgess amounted to approximately
$4,000. The transactions included
an exchange, totaling $17,500, in
which J. H. Browning obtained
from ]. Selig a double house, 3141-43
Hovey ST., and three singles, 1927
and 2529 Walker ST., and 1924 N.
fremont Ave, in exchange for a
residence, 1913 College Ave. Bur-
CESS also negotiated the sale by
Byron Rutherford to Frank Turner
Of bungalow in Edgewood, valued
at $500, and a siX-room house,
1902 Brookside Ave, by J. l.. Cray
craft to H. Selig.
Many Houses Are Sold
2 Deals totaling $4,000 were re-
ported by the F. j. Vichmann Com
pany. III one transaction, Jesse AL
red sold to Bryan and Mary Sulli-
van a house. 119 S. Bancroft ST.,
and accepted a part consideration a
residence, 722- Roach st. The Roach
ST. home was purchased by the Pur-
itan Finance Company and resold
to Mary Frances Webb.
Granville r. and Elizabeth
jenkins purchased from L. M. Yam
kuner a residence, 3251-53 Broad
way, accepting in trade three prop
critics, 1O48 Division ST., 1856
Standard Ave, and 4053 Cornelius
Ave. The Viehmann Company sold
for the Puritan Finance Company
a house, 1880 Hoefgen ST., accept
ing from the buyers, Richard and
Esther Hickey, another residence,
1925 Hoefgen St.
Deals totaling $4,000 were listed
by z. B. Hunt and C.. A. Dahlman.
Thomas H. Sidel of Indianapolis
bought in one transaction sixteen
pieces of residential rental proper
ties formerly held by S. A. Frost OF
Chicago. Dahlman represented both
parties in the purchase by John A.
Royce Of two double houses, 401-3-
ST S. Rural ST., from Bonnie l..
Davies. Dahlman and Hunt negoti-
ated sale by the Allied Investment
Company to the Guthrie Thompson
Company of twenty-seven lots on E.
Sixteenth st. and the purchase by
Paul I. McCord from the Guthrie
Thompson Company of duplex on
Arlington Ave. and a single res
idence on Healing Ave.