South Bend News-Times, Volume 35, Number 104, South Bend, St. Joseph County, 14 April 1918 — Page 11

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THE SOUTH BEND NEWS-TIME

Jiistaite

"Your Money South Bend

Buy your building lot, house, business properly, Ma, from ''Realtors" Members of the South Bend Real Estate Board. Correct value and honorable transaction assured you by these men.

Ten years ago, living down town was a mark of distinction. Today the best people, as a rule, live "out-a-way." Investigate high class subdivisions.

Assist the government; buy a home with your Savings. Respectable "home-owners" are the country's chief asset and are "satisfied citizens."

Members of the South Acrrvi: mi;mih:ks. U C. Whitcomb. Frrd W. Keller. V. K. McIIenry. ni. N. IJerRan, IM. Ncddo, Vernon C. Hastings, Wm. Hupp. Gaylord Case. E. J. Clark. Honirr Tak'gari. H. C. Miller. John I loth, F. M. Jac kson, Wm. O'Neil, A. M. Kirkky. Wm. Peck. Wm. Cal--rt. J. H. Kelsey, Oeo. S. Carll, 'ha K. rnith, A. CI. Voit. John P;lberd. 11. A. Tohulka," 1'. P. Port Purant, .S P. KoLin.son, Geo. II. Hastings, Frank J. Anderson, Chas. P. Fortin. W. P. Furey, Harry A. Wood, M. C. Gray, Joe Werwinski. Mtko Kinsohc-rff. Joseph Kish. jr., J. A. Swyart, Pari C. CJarmire, Mishawaka, Ind.; A. P. Wickiser. Walter Morris, Homer Pobinson. Gi o. Fcroth, J. A. Judic, M. P. Ilunyan. Glon F. Moore, A. H. S: hultz, Wm. J. Trcanor, CJeo. F. Pberhart. Mishawaka. Ind.: Cha?. I Metzsor. Mishawaka, Ind.; A. J. Schindler. Mishawaka, Ind.; Alexis Coqulllard, Marion G. Staley. Del. C. Leer, S. N. It ay, John C. Hiss. associate mf,m units. A. F. Peltz, Hilton Hammond. P. Z. Grecian, J. C. NeiT, R. C. tfteph-

A Good Way to Buy a Home is on the Easy Payment Plan; Valuable Pointers

Home buyers are taking advantage of every pleasant day this spring to search for a place to live. Many of these house hunters have lived in rented property and now want to own their own home. Anion? the larffe number who have recently bought homes one man t-iz.es up the situation this witse: "We had Jived in rented property for ten years and while comfortable we realized that by making: proper arrangements we, could be making that monthly rent installment pay tward a home that some day would be our own. We had about made up our minds to invest in a home when a notice came that our landlord was in Iinanci.il difficulties and that his properties wore in the hands of a holding company. "(Mir lea-se would be crood until May 1 it was then Sept. 1 but as there was no money in the treas ury, our modest reniet for plumb- I iivj: repairs was refused. uir landlord had met the fate of many a builder in these dttlicult times. With little capital and th rising t of materials, he had been caught short and was paying the ven ilty. Our house was for sale at V'.Or.n and we had the alternative ither to buy. oi stay out the lease, paying for such minor repairs as were necessary. "Tn a tentatie t-eareh for new Muartors in the Fame neighborhood, two things struck me: brt that rents ( were soing up: not iv. the .ame proportion as ;oo,! perhaps, but still j n:ir limit $40 n month would not j et ns pearly as good a house a we i h.nl ;irul, second, that tb- ehoioe of! available houses was. t-mall. owing to the fact that speculative building h.ul almost ceased. '"The situation was an awkward o-;p for a large fajnily, threo of u working and with little time to look i round. Kensor.in tb. tt it miht b. '-n more awkward for the holding company, which would probably have to dispose of thr property at a sacrifice, we nidlod the financial ndvants;es of l.nvir.g -r':; renting, ami barred some important thing--. "Wo asked a frit nd in th building busine-' to look over the house and tell us approximately what it was worth, and what condition it was in. The cellar and attii were where h made his main observations, r'oor beams, be said, should not be more than 2i' in- lies thiok, and the rafters s ippo:ting th roof lie ame, i;ir hotj--e was neither :i good nor as bad as it nu"ht be. but it was only six years old. wa in excellent condition, and erected when materials were chrvi ptr, cost probably $4. ."Go to build, whereas today it would take rln-v to $.W!bi to prcduce. ('Ml; er ad a'ltages worth ;ng were tnai me nm-se r.a.i a s! ate roof, and v. t':r:l eolor. whfeh s j-hinIed iii ?:aleft only the trim to b.i painted. Tlter, were certaia i o-:r ho'j-e that appe.ile for instance, a fo :r roonis and a sleejdii T'p.lt we hoe :.!o 7 st summer fo and r wa t0' litt!'- U:irde!l w hi h we , .1 It i v a ted o; .-t'ire ilüt A to U9, s ich, i finis he-! 1 ed i po h. : e'sj .j , a nd a ! ; pa id ':-. ' in the rear

;:r.-elc.. The bV 1 ' feOt. f O ;

is Safe in Real Estate

Bend Real Estate Board: enon, Sam Peeper. Kusscll W. Geyer, Harry C. .Schock, W. A. PusLte. F. W. Mueller, W. G. Muesxel. Joseph C. I'axson. M. S. Wesolowski. Thomas Williams. F. E. McDonald. Pert C. Klyscz. Arthur "X. Wolf. W. O. Fas.snacht. Louis W. Ham n-ond. Walter llildchrand. Guy D. Staples. J. C. Paxson. Frank Jeffr.es. J. A. Anderson, Geo. II. Hcidenan. Fred P. Futter, J. C. Stover. Geo. W. Freyermuth. Frmst C. Weaver, Clement Smoker. Clifford V. DuComb, H. M. Kauffman, Karl C Garnüre, Louis Kovatch. G. F. Meyer. Roy J. Michael. F. C. I-.cimold, C. H. De Frees. W. It. Faker, A. M. llosinski. Chris. Fassraeht. Guy H. McMirhacl. Alex. Pukowski, Edwin G. Knepper. J. W. Arnold, Granville W. Zeißler. I. W. Lower. Marvin Campbell, W. G. Clemens, E. M. Roberts. J. C. Ellsnorth. Ernest W. Yountr. Fred F. Schock, Wm. PansberKer, J. C. Van Riper, jr., A. L. Hubbard, S. I). Moran. H. L. Postiser. W. W. .SibIt y, Ernest J. McErlain, Donald McGregor, James II. Brink. Char. Colip. D. L. Guilfoyle, J. L. Sailors, W. C. Harder. vegetables and hardy lowers which we needed for the table. Small as the space is. I mean to add a row of six currant bushes at the back and plant a cherry tree. Again turnjni? to the investment point of view. I will say that I consider the narrowness of our lot the main disadvantage of the whole proposition. At present the houses on either side of it. one of them 40 feet and the other 17 feet away, do not constitute a danger, but potentially the situation is dangerous and that is why I do not consider this particular Investment a perfect one, and why I warn prospective buyers to take this point into consideration. While I feel that we shall always bo able to get our money out of the house, it is mainly because we bought it so reasonably. Nothing la more Important than thi. question of protection, and nartirnlnHv in the suburbs, beciusf th rt rirf Inn j are so lax and the ubiquitous apartment house springs up almost over night on our choicest streets, shutWN

HOME

Have you observed in the columns of the South Bend papers the unusual stir and activity in all forms of real estate transactions? Do you realize that all this activity is not a haphazard coincidence? Shrewd real estate operators, hard-headed conservative investors, men and women who buy for a home, know that now is the time to purchase. They are buying now on a rising- market, a market that will continue to rise year after year. It is our honest belief that there has never been a better time in South Bend's history to buy real estate than now. For sale at 1407 Lincoln Way West, lot 33!Sxl36 feet, alley side and rear, also has line house with eight rooms and bath, large basement with steam heating plant; second tloor has three bedrooms and fine bath room and attic; lirst tloor has large reception room, livingroom, dining room, large bedroom and large kitchen and pantry and plenty of cupboard space; front and rear stairs. This house is in tirst-class condition and has steam heat. This is a tine location. The street is paved and all improvements in and paid for. The price

ot Mus property is $4,300. r rami

REALTOR ' . 663 FARMERS TRUST 3LDG. Office, Home Phone 97. Residence 1556

. -"v ' - : f , - . . - V VKKXOX C. HASTINGS, Irc?idiit. South Ilend Ilcalty Boanl. tintr out li?ht and air and depressing values. "Our land was taxed at a valuation of $30 a foot which caused the lot to bo placed on the tax dupli cate for $1.050. The house, according to the system of taxing houses, would be placed on the duplicate at the rate of $4.50 a square foot for the srround area. The dimensions of the house being 2 6 by CO, there would be "SO square feet on the ground lloor, which is slightly oer the standard area for class I property. Figuring this house at 4 . T 0 a square foot tax value it would be placed on the duplicate at about making th tax value of the house and lot $4.."f0. As the Cleveland tax rate is $t.T."i per .tlfo valuation th? taxes on this t property would amount to 570. 8 a year. "Wo did not have much cash, being able to pay $1,000 down, assuming a 'nst mortgage of SS.riOO at 6 per cent and a second for $1,000. also at 6 per cent- thus making our Interest charges for the first year $C00. Then figuring in the $1,000 cosh at 6 per cent, which we ! mi'ht have received had we invested it otherwise, we added $60 mora to our carrying charges, making $U80. Water rent and insurance were to figure in about $10 a year, making th- expense $H70, which with 570. taxes, our total carrying charges for the first year were $440. r5, or a shade under $40 a month. "We aimed to pay $50 a month, which was a little more than what wo had been paying as rent, so that we cut down the principal about $120 the first year. We realize that it will take us some time to pay for the house at this rate but each year we cut down the principal the in terest will be lessened and we are making a saving instead of paying out mony for a place to live without ever having a chance to own the house." V. AV. STHIiKY CO. Have Just completed their new show room at 125-127-129 S. St. Joseph ct.. which is without question one of the finest the writer has ever seen, in fact there is nothing finer in the state. You will find everything on display there in the bath room fixtures, plumbing and heating line. Some big show. -Advt. YOUR .ar niv'iiPiilc tUH U 'OJ otcuij, Anderson

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I , APPRAISAL BOARD II 0wn Ymr Hme in South Bend liR

GETS BUSY EARLY i ; Following the discussion on "Real j Estate Appraisals" by Mr. Doud of ; i ort wayne, ine appran-ai CUIM"14t" i Ue of the South Ilend real estate beard has been busy during the past week. Several valuable lots were appraised in the interests of non-residents who desire to divide an estate. Several properties were appraised for the benefit of owners of property who desire to sell and want to arrive at a fair market value of the property. These appraisals are meeting conditions for reliable valuations of real estate. There is a constantly increasing demand for houses to rent and if the city of South Bend continues to increase in population, there will be a crisis for suitable residences j of all kinds. Real estate men ! throughout the country are agreed j that the best "real estate buy" today j is the ordinary residence property at current prices. The Increased cost ! of labor and building material is es- j tablishintr a new standard of prices for private residences, which com pared with the current prices of houses already built, makes them extremely cheap by comparison. ! When the present available supply ! of houses is taken by home owners. there will be walling among those v.-no are expecting mo prices io urop to the "pre war" basis. ALWAYS OV TIM I. Ic the man who buys one of our standard makes of watches. This jewelry store has established a reputation for having the most reliable watches made, and years of experience when, the utmost accuracy in watches is demanded qualities js to know what a uood watch is and hcv to repair and adjust it to your satisfaction 10 to 'I't'X discount on vatches this month. Chas. M. Schucll. 21 S South Michigan st. Advt. TCItV AMI LOOK The Ba-f.k Valve-ln-Hrid fie passenger touring car E-Six-IT. is a motor car that attracts attention everywhere. There is an indescrible something so clearly reflecting the true character and aristocratic individuality Of the Buick design that everyone turns and looks. It is a car with refined body details. On exhibition at the Twentieth Century Oarage. Adv. WK PAY Tili: WAK TAX. Velvet Tobacco 11c At Engel's Cigar Store. 401 S. Michigan st. S31S-14-Advt. J ''-- - This is one

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we offer in the up to date

Indiana Avenue Addition

In these days when rents are so difficult, you can make a substantial payment on one of these homes and move right in, paying the balance like rent. OWN YOUR HOME WHITCOMB

FARMERS TRUST BLDG.

Inter-City Transfer Co. Merchandise picked up at your door and delivered direct to your customer in

Ujccola KiUhart Goshen Hue ha nan Pay ton G alien I.ydkk

Shipments, or little, can be handled with a quickness and dispatch unequalled by any other means of transportation. Kates on Appli ation. C all HOMi: 11 HIM-: 1711

Home ownership has its Influence on public affairs of the community. man who does not own property N apt to how an influence In public affairs in proportion to iis lack of investment. Let a man acquire a home unJ se, the difference in his attitude A real home Is an inspira tion. It is an incentive to good citizenship, an anchor for the family, and finally a cornerstone of the community's life and solidity. The home owning spirit is the spirit that develops, the community. Failure to apply the community development and home loving principle means mold and cobwebs. It means a super-abundance of old inhabitants and the constant migration of young men and women to REAL ESTATE TRANSFERS From Record of Indiana TMU and Loan Co. Anna Iluenerkopf and husband to j John Andraska and wife, part lot 163. Fowler's First addition, $1,15C. I John G. Itaab to Fdward VerI hamme und wife, part lot 1C, Van ! den Bosch's subdivision, $1,400. ' James Sailor and wife to Edward j II. Peiffer and wife, part lot 3, i Fray s survey, $1,150. Frank Stopper and wife to Ed. Burket and wife, lot 97, Oakland I T' l wir 1 William Schoonover and wife to .Sylvester Quier, lot 96, Second addition, Ilher Dale. $300. M. V. Heifer Realty Co. to Autin K. Miller and wife, lot S6, Beiger farm, $1,500. Fred W. Keller and wife to Ed. J. Heideman, lot ÖS4, second plat of Homeland. $250. Harry i-nn, lot Beed to Mrs. Ilattie Peter!S6, 0. P. of Walkerton. $500. Marie A. Schindler to M. V. Ilciger Realty Co., part lots .1 and :. Ward's First addition. $1.500. M. V. Feiger Realty Co. to Cen 1'aer. same, $1,300. Michael Bozploch and wife to Wojcieeh Zientowski and wife, lot 129:;, Summit Place. Fourth addition, $noo. Wojcieeh Zientowski and wife to Michael Rozplorh and wife lot 40J, Summit Place Second addition, $1,fay Tin: vn tax. Lb. Glass Humidor Frince Albert, At Fngel's Cigar Store. 101 S. Michigan st. ?215-14 Advt. Speeial sale of fruit mental trees. II. phone and orna24 4 2. 2C6S-13 i t t-. .,'. ..." (' . xr ? S- tost t - S - J 3S-: . . ; ,;i' . 3C,. .s, ... C i. t T' v.. ... . - -A -4 it of several

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KELLER

New Carlisle Kollinj? Prairie 1-iporte Uikeille Itpaz Plymouth North Liberty Walkerton

newer fields where communities are interested in the idea that "our" town is the best town largely because most of the folke in our town own their own homes. The people who today own their own homes have shown their confidence in the community in the past by investing their sivlncs in that community. They are the substantial citizens of the community. The small investments that they began have grown to laige and substantial investments, and while they were saving their investments and had them in homes their credit was always good and tided them over whenever difficulty aros. Confidence, one of the essentials of success, comes from the knowledge of ownership of a home.

AIR DEFENSES OF PARIS ARE PUT TO THE TEST International Newa Service: PARIS, April, 13. The strength of the air defenses of Paris was never better demonstrated than last night when German airplanes attempted to raii the city. Only two machines succeeded in breaking through to the Paris district. Their bombs killed 11 persons and injured about 50, but no damage of military importance was done. The other machines were driven off. Special sale of rruit and mental trees. H. phone 2442. orna336S. 1. 1 r t S i ! i - 1P . 4. JtK s ... ' V

FOR SALE. This 9-room residence, newly remodeled, furnace heat, sanitary plumbing, electric lighting, 50-foot lot, located on Forest A v., Chapin Park, small garage. Property ready for occupancy. WM.. HAPP, CITIZENS BANK BLDG. Either Phone 1571.

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Help Do Your Bit Cultivate Your Own War Garden

15 15 15 Nam Strett Phono

A beautiful new addition directlv east of Notre Dame Lniveritv, convenient to citv car line; 5c fare, good service. Lots 75xl .So. Splendid building sites. JUST THE PLACE FOR GARDENING ON YOUR OWN LOTS. WHERE YOU CANPLANT WHAT YOU LIKE, such as berries, fruit and vegetables, as this will always be your own property. You can take possession and beirin cultivation upon tirst payment.

Prices reasonable, from

The winner will be promptly notified, and send vour solution bv letter onlv to

Til BOX

South

EALTORS ACTIVE

AS SPRING COMES

With th coming of weather all the members warm the . ,f ouin Bend rcaltv board have been putting forth strenuous efforts to promote the vales of real estate and home-building ia South Rend. From ' advance indications this year should ! be a splendid year in real estate , circles. I lome-seekers realizing the extreme difficulty of securing good j residences to rent, especially in : ptod, desirable locations, have been j casting about for the opportunity of ! purchasing desirable homes, .outh Rend "realtors" are well prepared to give the utmost serice to such! heme-seekers. 1 South Rend is a growing city ami , the real estate men have kept pace with the growth of this city. They have been eager to open up and ! promote new additions to furnish living quarters and the noticeable 1 fact is that through the medium of ; the South Hend realty board the members work in perfect harmony and secure the utmost in the way of service for people desiring to pur chase their homes. Special sale of fruit and ornamental trees and shrubs, consisting of apple, pear, plum, peach trees. etc. Sale continues until all stock is sold, west of 24 42. Sale held on vacant lot just court house. Home phone 167-13 Tsf 5r r t vt. i f - ... :: ". : n I r It Can

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01 VMM W MWIIW Can You Do It?

Put a different number in each of the nine squares, no two figures alike, make a total of yuur figures in each column equal to tit teen, no matter which way you add, up and down, rivdu and left or corner to corner through the center. TRY IT!

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We will ive twenty-five the first ten persons sending tion to the above problem, first payment on a lot in

S345 to saw for lare lots. Write vour Hon

145, SOUTH BEND, INDIANA

n IP F ALTY CO US. . T . 77. . -f? ü UU uzs For Sak1 or Exchange Nine-room modern house, three full-sized lots, paved street, and on car line. Will exchange for smaller house or farm. For Sale five-room cuttaire on Van Buren st., electhic lights and city water. $200.00 cash; payment, balance, monthly payments. For Sale Seven-room cottage on Henry st. Vacant lot or small payment down, balance SI 5.00 per month. For Sale Seven-room cottage, all modern, -on Lasalle av., onlv a few blocks from center of the citv. Will ar exchange for outside propertv or farm. For Sale New live-room bunealow in River Park. S200.00 cash, balance on payment plan. For Sale Six-room house, northwest part of city. Smalt payment down, balances same as rent. Small building and four acres west of city to exchange for city property. Vacant lots to exchange: for equities in city prop ertv. ting HASTINGS BLDG. Office Open Evenings. Bell 211; Home 6440. Save money by patronizing merchants that advertise. Be Done $ i ! il dollars to each ot in the correct soluMoney to apply as e im iiVBon i Terms Sl.ou per week, name and address plainly

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