The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-06
Dealers Report Gain in
Sales After Period
of Dizziness.

The Indianapolis realty market,
somewhat slow for several weeks,
appeared more active in the last few
days, according to the weekly sur
vey of the indianapolis Real Estate
Board.
A number of recent sales we're reported
made by statesmen for the realty depart
ment of the Washington Bank and Trust
Company by Henley T. Hotel, manager.
A residence at 3718 North Capitol ave-
nue. was sold by r. E. Wiley, builder, TO
William Bigley. through G. j. Carton and
Russell B. Hotel of the Washington bank.
and H. L. Marsh negotiated the sale by AL
bert v. Briney to william Fred Cherry of
a house at 1913 South Lyons avenue
Michael Lynch purchased from Fannie
Hallenbeck, through James H. Conerty and
Thomas o. De Hart, a home at 122 North
Arsenal avenue, and E. H. McLain sold
lot in the southeast section of the city to
John c. Leerkamp.
Houses Exchanged
An exchange in which Howard L. Bran
lett traded property at 1929 Wade street
for house at 1906 Finley avenue. was
negotiated by John F. Clayton. Two lots
in the Lakeside addition we're sold by H
e. Herrold to william E. Rugge, and lot
in Meridian Hills addition was purchased
by DR.. ]. Carlton Daniels through Arnold
Davis
Clayton represented both parties in q
deal in which j. S. Clark bought from the
Home Development Company residence at
1913 South Arlington avenue Through Nc
Lain, Lucetta L. SlaYens sold to N. H.
Marling a house at 5ll South Tibbs ave-
nue., and property at II Woodland drive
was bought by Joseph Carlysle from Ida
Richardson, Administrative. The latter deal
was closed by De Hart.
Transactions totaling approximately
s41, 500 were closed by Albert H. Wurster,
president, and Harry A. Schwankhaus. sec
retary-treasurer of the Homedell Realty
Company.
Outstanding was the sale by Wurster OF
north side lot as the site of what is
said will be the first all-steel frame, COM
pletely f1reproof residence in Indianapolis.
The lot at the northeast corner of Fifty
seventh street and Park avenue, was pur-
chased by the Steel Frame House Com
pany of Pittsburgh, Pa, from Mary E.
Phelan.
1000 Home Started
Footings already have been started for
the home. which will be sold through
Wurster for approximately $4,000.
other sales by Wurster included three
bedroom house at 1913 west Twenty sew
enth street, sold by Earl A. Heasler to
Louis Held. and a modern fve-room bunga-
low at 7os hardwood avenue, sold by the
Homedel company to Mr.. and MIS- Paul
T. Penrod.
Among deals closed by SchwanShaus was
a brick bungalow at 4505 Carrollton ave-
nue., purchased by Paul M. and Bertha 1.
Goldrick, a new, English type bungalow
at GAS Markwood avenue in the Home
dell addition, to Elmer W. and Frieda B.
Fuller. and a six-room to a side double
residence at 1885 North Arsenal avenue,
sold to John and Bonnie Laffy.
Among business property deals was the
sale by Charles C. Schwier to the Art
Mosaic Tile Company of a lot at 1912
East Washington street. The property
will be the site for a warehouse to be
erected by the company. In the deal,
Robert w. stockwell, represented the tile
company, and william H. Jackson, repre-
sented Schweir.
Lawrence j. Sexton, reported the sale by
the Emerson Heights Realty Company to
DR.. oscar S. Deitch of a lot on Carlyle
Place between St. Clair and Pratt streets.
DR. Deitch will build on the site q modern
bungalow.
Deals approximateing $l7.500 we're re-
ported closed by Noble C. Hilgenberg.
a. Son. A four-apartment at on Illinois
street near Twenty fourth street was sold
for f. o. Burgan to Joseph Wurley' A
nye-roons-to-a- aside double residence on
Harlan street near Lexington avenue was
sold to Mrs. Fanny Krieger. The former