The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-12-01
Martin Apartment to Cost
$4,000; Foundry to Be
Constructed.

This weeks holiday affected both
the issuance of building permits and
the local real estate market. accord
ing to weekly summary Of the In
dianapolis Real Estate Board.
Permits were issued for only $l33,-
500 worth of new construction. OF
this amount, $53,5o0 was for new
residences and $4,000 for a new
apartment to be built at 1408
Broadway by S. Martin. The Peer
less foundry took a permit for a
$4,000 addition at 1843 Ludlow ave-
nue. and a $4,000 building is to be
erected by the Switzer Cummins
Company at Tenth street and
Brookside avenue.
Realtors generally reported fair
volume of business and indications
of strengthening market in the
near future in spite of the holiday
slump.
Sale OF new brick veneer bungalow at
$3.50 Broadway. was announced by William
L. Bridges. OF Bridges & Graves. The
property was purchased by Frank Fitch.
manager Of the coal department OF the
City fee and Coal Company.
Buys Four-Aere Tract
Walter r. Phillips purchased q four
acre tract in Newton Heights from Z. A.
Shockley OF the real estate department OF
the Washington Bank and Trust Company.
A property at $50 Udell street was accepted
in trade. John F. Clayton OF the Wash
H.
Place 10 James o. Kelley and J. A. Roach
bought from A. r. Scott OF the same com
pany a property at Richey street and
Shadeland drive.
Sale OF q newly completed brick veneer
bungalow at $3.50 Primrose avenue was an
nounced by Harvey Rogers. builder. The
house was purchased by Kermit King for
$1,000.
Another brick bungalow. under construc-
ton at 1884 East Ftfty-ninth street. was
sold to William Moody. The residence aill
cost approximately ss.7oo.
Builds Frame Bungalow
Rogers also is building frame bungalow,
to cost about $4,000. at Fifty ninth street
and Northwestern avenue. for Everett
Daugherty. He will begin construction
about Jan I. Of two-story. brick veneer,
modified English type residence at 56S7
Central avenue TO cost approximately sl6.-
600. Rogers also plans to begin con-
struction o, two houses on RoSslynn avenue
in the Northclffe addition shortly.
Sale to John Henry Newell OF the Newell
Fruit Products Company. OF a lot in the
Troy Terrace addition. Troy and Madison
avenues. was announced by Albert j.
Quigley OF the National Realty Company.
Newell plans 70 build new plant there.
The property was sold by ]. c. Long. r.
J. Dearborn. real estate dealers, rep
resented the purchaser.
A seven-room residence. BIS Eastern
avenue. was sold by Herbert G. and Amy
Bates to Mr.. and Mrs. Herman r. Morris.
The deal was closed by Lawrence J. Sex
ton. realtor.
Closes Several Deals
Several deals were closed by the F. M
knight Realty Company. according tc
Forest NJ Knight. president The com.
pany is completing g fiye-room brick
veneer bungalow at 1891 North New Jersey
street for Ernest Wurster.
The project is to cost about $l3.50o. A
house at 9l4 Bellevieu place was accepted
by the Knight company as part considera.
| ton. The company sold a residence or
Drexel avenue for Carl M. Jensen anc
negotiated the sale OF a north side apart.
ment. valued at $4,000.
Other deals included sale OF four doubl,