The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-10-13
Volume of Realty Business
Holds Up Well During
Last Week.

Continued good weather and de-
sire of many persons to be settled
in their own home before winter
resulted in a good volume of real
estate sales this week, according to
a report of the Indianapolis Real
Estate Board.
Reporting deals closed within the last
two weeks amounting to $2o5. 500. Joseph
j. Argus. president of the American
Estates Company. said the amount rep
resents the largest volume OF business done
by the company in a similar period SO
far this year.
ore of the largest properties sold was
a suburban estate. consisting of a large
residence and two acres of ground. Kessler
BLVD. and Forty-Third st. The property.
formerly owned by Forest M. Knight. was
bought by Dudley Williston for S65,00o.
Another unusually fine property sold
was the English Colonial residence at
1886 Washington Blvd. purchased by
George L. Ramey for $4,000 from 6. c.
Bodner.
The American Estates Company rep
resented Rsmey also in the sale to H. V.
Wenser OF his former residence. 342s Gull
ford Ave. The company sold to H. N.
Hinton frame Colonial. center-hall type
home. 4os4 N. Illinois ST.. and TO Joseph
W. Drybread residence. 1857 South
eastern Ave. Among other residences in
the higher price class sold by the COM
pany was the former home Of DR.. Robert
J. Alley. 1888 N. Capitol Ave. purchased
by Carl G. Neerman.
Two exchanges we're negotiated by the
~
residence. 1881 Broadway. TO Ida F. Hon-
man. accepting in exchange two double
residences. l25-127 and l2s-i3l W. Thirty
Fourth st. In the other. the r. H Shell
horn Company accepted property. 1862 w.
Twenty-Sixth ST., from Geanue E. Swift.
who purchased from it a residence. 1924
Edgemont Ave.
Other deals closed by the company in
cluded sale by Roy E. Metzger 10 A. j.
Allen Of a residence. $500 Broadway; pur-
chased by Charles A. Bolles from C. V.
Dilgard Of a home. 1918 Boulevard Place,
and sale BY the Thornberry Realty Com
pany to W. Ballard Long Of brick veneer
home. 205 Berkley Road. Henry L. simons
sold to Ernest H. Michelis lot on Middle
Drive. Woodruff Place. AMI W. e. Ratcliffe
bought six-room bungalow. s735 N.
Leo H. McAllister.
number OF transactions were closed
by the real estate department OF the
Washington Bank and Trust Company
during the last week. Two properties were
sold by T. s. Hood. One. 1916 Manlove
Ave. was sold for A. r. Scott 10 Carl
G. Shepherd. The other. 327 S. Taft st..
was sold to John W. England through John
F. Clayton. Clayton. representing the
Board Of Foreign Missions Of the Methodist
Episcopal Clutch. sold to Elmer Stephens
home. AIS S. Temple Ave. He also rep
resented both buyer and seller in a deal
In which Anne L. Clinton bought lot in
Forest Park from Edna M. Burks.
James c. Myers of the bank sold lot
IN Forest Hills TO Paul A. Hoeltke and
Martin c. Eastburne sold property in
Heatherdowns TO William and Pearl Krust-
berger residence. al N. Mount st.
was sold by Charles Longest TO Orlando
F. Smith through H. L. Marsh.
Eight properties were reported sold re-
Gently BY the r. H. Hartman COMPANY.
a hve-room bungalow on Cecil St in
washington Place addition, was sold 10
Paul and Florence A. Cotterman. and a
six-room cottage. 22e S. Warman Ave.
was SOLD to Flossie Denny. H. E. and D.
M Rhine purchased a five-room residence
1923 W. Thirty-Fifth st. A business
property. goa N. East st.. was purchased
by LYMAN and Eva Tauber and a modern.
nve-room bungalow, 1924 N. Belleview
Place. was sold to Aaron Lascu. Two
single residences. 7lo9 and 2ll1 Bluff
Road. were purchased by Chris Glover. A
home. 2iS s. Kemper Ave. was sold TO
Jesse J. McErwin. and another residence.
1885 Wade St.. was bought BY the
Puritan Finance Company. Total value Of
all properties in the transaction was s27.
$50. W.
Four deals amounting TO s1s.5oo we're
closed by the F. j. Viehmann Companv
A lot on Berkeley Road was sold to z. R
Besore. and building lob. 1894
Pleasant st.. was sold TO William Nav
rocker. residence. 1850 E. Tabor st
was purchased by Frank S. and Margaret
Hagan. and Herman and Caroline Att
man bought a residence, 1851 E. Tabor e.
Lawrence j. Sexton. realtor. sold To
Orville c. EverettS a small bunealow s44
s. Mount St.. as home.
Sales totaling $4,000 were made ~, rsn-
resentatives OF the real estate department
OF the Farmers Trust Company. accordinS
10 wayne W. Schmidt. manager.
The transactions included the sale Of
three double residences as investment
properties to an out-of-town buyer. All
three properties we're sold by L. r. Walls.
One Of them. brick house. was at 1881
50 College Ave. The others were at so4a-
n Cherry OFT
THE ACME CLEANERS at 1850 r. ,
- when thew raroo.