The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-05-18
Many important Deals Are
Closed; Construction
Work BoomS.

Inclement weather failed to retard
realty sales in, the last week, the
weekly survey by the Indianapolis
Real Estate Board disclosed today.
Despite recent unfavorable wea-
ther conditions, local realty sales
were reported as fair in the weekly
survey of market conditions by the
Indianapolis Real Estate Board.
Now residential construction totaling
approximately s25o,oOo was under way
by the Schoen- Morgan company.
TWO outstanding properties were under
construction in the Meridian Hills addi-
ton in the vicinity of the W. F. Cheek
home. One, an Italian type home, with
five bedrooms and four baths, will be just
north of Seventy first street on Meridian
street and on the opposite SIDE of the
street from the Cheek home.
The other, d colonial type Of similar
size, is located on the southeast corner
Of Meridian and Seventy first streets. Both
homes will be of brick construction and
will cost $4,000 or more.
Hubbard Homo Started
The company announced that work has
been started on new home for Kin
hubbard, at $3.50 North Meridian street.
This will be a brick residence of English
type, with four bedrooms and three baths.
A semi-colonial type home of brick veneer
is being built at FiftysiXth street and
Central avenue for u. B. Herwitz. OF the
Real Silk company. 1t will include four
bedrooms and two baths.
The Schoen- Morgan company also is
building for Joe Schoen, member OF the
firm, a three bedroom, Stucco bungalow
of English architecture at Central ave-
nue. and White river boulevard.
Deals totaling $500 we're reported
closed by the American Estates Company,
by Joseph j. Argus, president. Included
in the transactions was the sale OF MIS-.
Charlotte Rau to William Graef Of
double residence at 3907-09 Ruckle street
and the purchase by Louise Haboush from
Donald Shaw, builder, of 2 home at 1922
Central avenue.
Haboush, in another deal through the
American Estates company. sold bust
ness property at Speedway avenue and
Riverside drive to T. E. Grinslade, and
Graef sold to Mrs. RoXie Thornburg
sixtv-foot lot on Washington boulevard
south of Forty fifth street.
A two-story frame residence at 1851
Kenwood avenue was sold by Robert L.
Cavanaugh to Mrs. Mary Boone. and
Charles c. Hill purchased a. brick veneer
bungalow at e35 North Audubon road from
william r. Pierpont, who completed 1t
recently.
A three bedroom, brick veneer bungalow
at 24o West Forty-th1rd street, vas sold
by ]. L. Holloway. realtor-builder. to
Walter Bachelor. and Elsie M. Secrist
sold to OFT Berry a bungalow at Alb
Carrollton avenue. Two residences. one a
double and one single property. in the
1900 block on Hiatt street. we're accepted
as part considera ton in the latter tran
saction,
The American Estates Company repre-
sented Christian Olsen in the sale Of Two
properties, q three bedroom home at 9O5
North Kenmore road, purchased by Walter
Heitkam and a tTo-story frame house at
84l North keystone avenue, bought by j.
c. Green.
Statesmen for the real estate department
Of the washington Bank Trust Com
PAW closed number OF deals during the
week. according to Henley T. Hotel, man
ager Of the department.
Three deals we're closed by A. L. Scott.
They included the sale by Rosna King
sion to Harry j. Babbs of house at POS
south state avenue; the purchase by Rose
Pendants of a property in Lafayette