The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-06-17
Several important Deals
Closed in Last Week,
Survey Shows.

Realty sales in indianapolis
showed marked improvement during
the last week, including transfer
Of several business properties, vacant
lots and small and large houses,
the weekly market survey Of the
Indianapolis Real Estate Board dis
closed today.
One of the largest single deals
was the sale by the American Es-
tates Company to Hugh Love OF a
large English-type, brick veneer
home at 1854 North Meridian street.
The house is located on a lot LOOK
300 feet in an exclusive residential
section. It contains six bedrooms
and four baths.
Representing Bertha Dubking, the Amer
lean Estates Company sold to DR.. F. E.
Clifford g property at the southwest cor
ner Of Jefferson and Michigan streets, con-
sisting Of three business rooms and a
double house The ground measures 6oXl30
feet.
The company also sold to Carl R. Vaught
from Frank H and Emily J. Smith, a
three-be6room bungalow at l25 West For
we're $4,000. according to Joseph J. Ar
gus, president.
Concern TO Expand
Plans for enlargement Of the Reliance
Speciality Company. local manufacturing
concern, became known with the an
nouncement of the purchase by James P.
Burcham, owner. of lot at 1929 Massa-
chusetts avenue. adjoining the plant, from
Anna M. Rumford.
The property. 34x8S feet. was bought
through the Klee g. Schneider Company,
realtors. The manufacturing company will
build on it a one-story brick building as
an enlargement of its present factory.
Several other deals we're closed by Klee
& Schneider. Among them was the sale
of a four-room bungalow at 1913 Mark
wood avenue 10 Wilbur Basey. The owner
was Harold w. Bassineham. The company
contracted to build for Raymond E. and
Martha 2. Hggs f1ve-room bungalow on
Pleasant Run boulevard between Ridge
view drive and Kenyon street.
The company also is building two five
room bungalows, one at 2726 Barth avenue
and one at 2749 Marker street, in the Gar
field Park district.
Joseph ]. Klee. member Of the firm.
also announced sale by the company to
Carl A. Hueber Of 2 f1ve-room modern
suburban house in the 1000 block on South
Meridian street.
Sales Total SS6,000
Sales totaling approximately $4,000
were announced by Wayne W. Schmidt.
sales manager of the real estate depart
ment of the Farmers Trust Company.
Included was a one-story brick business
property on Virginia avenue, sold by l..
C. Walls. representative of the depart
ment.
Walls also sold four-bedroorn brick
veneer house at 3642 Winthrop avenue and
fve-room bungalow at 3246 Graceland
avenue. Hugh Gerow salesman. sold sew
eral properties in williams West High
lands addition. Sales in the addition in
cluded three vacant lots and one flve-room
bungalow to different purchasers.
An exchange in which A. J. Schmidt
accepted title TO 78-acre farm in Boone
county. and Ethan A. Martin assumed
two local properties at 856 Fletcher ave-
nue. and 43e Blake street. was announced
bv Joe Goode Of the firm of Goode &
Goode, realtors.
Sale to M w. Turner Of a lot at 2438
Boulevard place and contract to build for
Turner a f1ve-room modern bungalow and
tnree-car garage on the property was
by Bridges g. Graves. The lot
was purchased by Charles A. Johnson.