The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-11-02
REALTORS REVEAL
INCREASED SALES
Local Market is Showing
Marked Improvement,
Survey Shows.

The local realty market is show
ing a marked improvement, it was
indicated by the weekly survey of
the Indianapolis Real Estate Board
Reports of a number of realtors,
covering the last few weeks, show
increasing activity in the sale OF
residential properties.
Sales closed by the American
Estates Company in the last three
weeks total $214,350, it was an
nounced by Joseph j. Argus, presi-
dent of the company.
One of the largest properties sold
by the company was f1ve-bedroom,
English type residence at $500 North
Meridian street, purchased by j. s.
Watson from H. L. Simons, builder
The house, which is of brick veneer
construction. with slate roof, has
four baths and three-car garage
Another outstanding property which
changed hands was a four-bedroom. two
bath. brick veneer house of English type
at 1924 Washington boulevard. The house
built by Forest B. Kellogg, was sold to
Thomas Mahaffey.
Among deals negotiated by the company
was one exchange in which Warren f..
Cleveland sold to Ferdinand Sirens. a
central hall type. brick veneer house at
5s25 North Delaware street. accepting IN
trade a four-bedrcon house at Az Ruskln
place. Representing the owner. Toner
overly the company sold to Glenn a.
Mcclure and w H. Gossett brick veneer.
tvo-way@ double house at the northwest
corner of Fifty-hrst street and Broadway.
In another deal. brick veneer. English
type bungalow at 1884 North Delaware
street was sold by Donald Springate to
Colonial Home Sold
p. Payne bought from Ward H. Julian
three bedroom residence at 423 North
De Quincy street. and a frame Colonial
type home at 4S5 West Forty-fourth street
was sold by L. w. Arnold to j. F. Nc
Mullen.
other deals negotiated BY the American
Estate Company included the sale by Ida
Pike to F. r. Finehout of a bricS veneer
bungalow with two-car garage at $500
North Delaware street. the purchase by
Arthur Wilson from the Maynard Realty
Company of a brick veneer residence with
slate roof. steam heating system and two
car garage at $40 Hampton drive. and the
sale by William G.. Johnson to George A.
Livingston of a brick veneer residence ut
6I36 Central avenue. Johnson accepted IN
exchange a property at 952 Eastern avenue.
Two trades. made within the last few
days. were announced by r. B. Laycock
of Thomas F. GARRISON s. Co. The deals
totaled 5000. In one. Carson sold to
Albert L. and Lura L. Miller house at
22l East Thirty-fourth street. accepting in
exchange a house at 30l Harvard place.
Laycock also negotiated trade in which
James Edward and Leontine NJ. Burns &C
ouired title to a house at 1852 Washing
ton boulevard and R. E. and Maude L.
McCreary took title to a bungalow at 1916
Winthrop avenue.
Three Sales Announced
Three sales were announced by the c.
w. Henry Company. six-room modern
cottage at 90s West Twenty-ninth street
was sold by Chester W. Henry to Howard
and Ina Sparks for s2.s5o and four
room to a side modern double residence at
92e-3l North Healing avenue was sold by
]. Harry Miles to C. T. Ralphy. Carl H.
sobbe of the Henry company sold to An
drew ana rose FOlta d AOL OH SKdnt dNAuc
south of Sixteenth street for s625.
Sale of fourteen properties. amounting
to ss4.350. within the last six week. was
announced by Lowell Frazee. manager of
the real estate department of the Schloss
Bros Investment Company.
Five OF the sales were made for the
LLOYD Building Company. They included
house at 1916 Fisher avenue. purchased
Ann.
at $3.50 West Sixteenth street. bought for
$4,000 BY C. B. Whipple: a bungalow at
1917 Allison street. purchased by Madison
c. Philips for SIS 400. and residence at
1910 Allison street. sold to George E. Jones
for s6.700 Frazee also sold to Jacob L.
Sarenson for $500 house at 5o44 West
Sixteenth street. built BY the LLOYD COM
pany.
Houses Are Sold
Three houses were sold for the Schloss
Re atty Company. One at s24 RoSton street
was bought by Clarence BRAY for s4.5o0: a
house at 327 Lockburn street was pur-
chased BY Grover C. Bates for 5000. and
John Elder purchased for $500. another
house at sl3 .Laclede street. The in
vestment company was the owner OF a
residence at TIA winton avenue. sold to
A. =. Good FOR 81 500 and Orin A. Seward
was the seller and Edna c. Irwin the, pur-
chaser of another house at 64s East F1f-
teenth street.
A residence at 4o2S Park svnue was sold
y FrsEee TO Harry Beszell for $4,000 and
ihree houses we're sold for NJ. c. Locke.
uiider One Of the latter. at 5i26 Yves.
Sixteenth street. was purchased By Vivian
-..orn for $500. Another. ct 5lo2 West
Sixteenth street. was sold 10 Evs Scheme
man for $3.50. and the third. at IT'S Win
ton avenue. was bought by Charles e
Krifv for - 100