The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-11-09
Properties Near Downtown
District Involved in
Transactions.

Leases on business properties ana
real estate transactions involving
properties, near the downtown dis
trict were the high points of the
weeks real estate activity, accord
ing to a survey announced today by
the Indianapolis Real Estate Board.
Contamination of leases on sew
eral downtown and outlying bust
ness locations was announced by A.
Edward Mantel, realtor.
One of the locations, As South
Senate avenue, was leased by the
Prater Pulverizer Machinery Com
pany. which is moving its plant
from Chicago. The property was
leased for three years from the
Guedelhoefer Realty Company. The
new company will occupy the first
and second floors Of the building.
Mantel also announced that the G. w.
regRe Trucking Company, newly organized
indianapolis firm, has leased office and
warehouse space at 1874 South Alabama
street from Leslie Meyers.
Rug Company from its present location at
Kentucky and Capitol avenues were an
nounced with the signing by the COM
pany of a ten-year lease on five
story building at 1924 West Maryland
street, owned by Mrs. John N. Carey. The
rug company will spend between $4,000
and 100000 remodeling the structure ana
will move into its new quarters about
Dec. /. It will occupy the entire five
floors of the building.
Storeroom Is Leased
Mantel, acting as agent for the Pyra-
mid Realty Company. leased for five
years to the Drake Sales Company, dealers
in electrical equipment, storeroom at
912 East Sixty-third street. He also an
nounced an indefinite lease has been taken
by the Linen Store on room at rs West
Washington street, owned by the heirs
Of Charles Mayer.
Sale to Esther Sachs of property at 116
West Fifteenth street by the Lemontree
estate. also was handled by ManteI. A
house now occupying the lot will be
leased Rnd service garage will be erected
on the lot. A two-story brick building
at 1884 North Capitol avenue has sbeen
leased to the Virginia Motor Sales Com
pany. Mantel also announced.
Several recent deals, amounting to s3f.-
600. were announced by Forest M. knight.
realtor.
Among them was the sale to Elizabeth
Bradshaw of a two-story frame house at
1909 University Court. The price was
$4,000. Knight also announced purchase
OF two rental properties at eO8 and e12
south Delaware street. The former was
purchased from the Gruner estate and the
latter from Francis Payne.
Traded for House
Through NJ. R. White of the real estate
department of the State Savings g. Trust
Co., knight sold the Delaware street
properties to E. n. Kassing. accepting as
part payment a property at 631 Virginia
avenue. The Virginia avenue property was
traded to E. Kirk Mckinney for house
at Fffty-siXth street and Haverford
avenue.
Sale of a fve-room bungalow and
garage at 5o28 English avenue to Martin
]. Hines was announced by the firm OF
Bridges g. Graves. realtors.
Several deals were closed by c. b
Durham. 10 one five-room double house
at 22o5-7 West Morris street was sold by
the Thrift Realty Company to Wayne W
Schmidt. The realty company took as
part payment a lot on Thirty-sixth street
near Northwestern avenue
Other sales by Durham included