The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-06-15
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 Els
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. 1t contains six bedrooms
and four baths.
Representing Bertha Dubking, the Amer
lean Estates Company sold to DR., F, E.
Clifford a property at the southwest cor
ner Of Jefferson and Michigan streets, con-
sisting Of three business rooms and a
double house. The ground measures 60x130
feet
The company also sold to Carl r. Vaught
from Frank H. and Emily j. Smith, a
three bedroom bungalow at 1875 West For
were s97,50O according to Joseph J. Ar
gus president.
Concern to Expand
Plans for enlargement of the Reliance
Specially Company, local manufacturing
concern. became known with the an
nouncement of the purchase by james P
Burcham. owner of a. lot at 1929 Massa-
chusetts avenue. eadioining the plant, from
Anna M. RumfoYd.
The property. 34x8S feet, was bought
through the Klee & Schneider Company.
realtors. The manufacturing company will
build on it one-story brick building as
an enlargement of its present factory.
Several other deals were closed by Klee
& Schneider. Among them was the sale
of four-room bungalow at 1914 Mark
wood avenue to Wilbur Basey. The owner
was Harold w. Bassingham. The company
contracted to build for Raymond E. and
Martha P. Higgs hve-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 j. Klee. member of the firm.
also announced sale by the company to
Carl A. Hueber of five-room modern
house in the 1000 block on South
Meridian street
Sales Total $4,000
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 one-story brick business
on Virginia avenue, sold by L.
G. Walls, representative of the depart
ment
Walls also sold four bedroom brick
veneer house at 3642 Winthrop avenue and
a ave-room bungalow al 3246 Graceland
avenue. Hugh Gerow, salesman. sold sew
eral properties in Williams West High
lands addition. Sales in the addition in
cuded three vacant lots and one fve-room
to different purchasers.
An exchange in which A. J. Schmidt
accepted title to a 7S-acre farm in Boone |
county, and Ethan A. ertin assumed
Two local properties at 856 Fletcher ave
nue. and 439 Blake street. was announced !
by Joe Goode of the firm of Goode &
joode, realtors.
Sale to M w Turner OF lot at 2438
Boulevard place and contract to build for
Turner f1ye-room modern bungalow and .
hree-car garage on the property was
announced by Bridges e. Graves. The lot |
was purchased by Charles A. Johnson.