Indianapolis Journal, Indianapolis, Marion County, 16 May 1893 — Page 6

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THE INDIANAPOLIS JOURNAL, TUESDAY, MAY 16, 1893. INDIAN APOL R T7 Jk ST A DEALERS

Homes in Indianapolis

CAN EE EASILY ACQUIRED,

LU 1 O

SEAL ESTATE DOING WELL

Big Deal in Lots in the Bruce-Baker Addition Practically Closed.

Another Bink Flurry Would Set Everybody Invfsunj? in (ircund Varicus Notes Among the Dealers.

MOST BEAUTIFUL LOTS

Can be bought at reasonable figures and the Building Associations will furnish the capital to build the houses.

North- Tuxedo Addition TPIE HIGHEST OJTOlSTCJJ.GrJ ST. THE FINEST ADDITION msm LOWEST PRICES Sixteen Minutes Ride on the Irvington Electric Line! ALL. STREETS TO BE GRADED, SIDEWALKS MADE AND TREES PLANTED. NOTICE OUR RESTRICTIONS: No house to bo built on tho addition. to cost less than $S00. THE OFFICIAL SURVEY in tho city engineer's oftice shows this Beautiful Addition to be 85 feet higher than the corner of Washington and Meridian streets, and 70 feet higher than the corner of Illinois and Twenty-fourth streets. C. TC. REYNOLDS & CO., -10 Circle St.

Vtr a lnnt? tirrtA thft In tr de ftl eoncftrninff

j the exchange of 143 lots in the Druce-Baker S

annif inn n a r c l lAnnv wnr k ii tr mill hl

last is in a fair position to go through. The contract has been made, the money, $C0,C00, is ready, and all that is wanted to make the deal go is a good, clear title to the property, which will be had soon. These lots belonged to the Phoenix Life Insurance Company,, who took them on a mortaage judgment. Messrs. Horace Smith, Mose McLain, John R. Pearson and Braxton Baker constitute the syndicate who are making the purchase, intending to improve the streets, asphalt the sidewalks, supply the lots with water and gas and sell them again. Since the ham of the trolley is heard on the wire down Virginia avenue, thiugs are working on the South Side, Where once the weary mule swished through mud and mire at the persuasion of an irate driver, the motorman looks stolidly ahead and, pressing the button, as it were, slips along like the north wind with a trailerto which people simply hang on by the teeth, and now a man who lives on this thoroughfare or near it can set home in time for supper. Meals can be taken with much more regularity on the JSouth Side since the long looked for and earnestly prayed forelectrio cars are on their tracks. .At 6 o'clock on the morning of the l?th of May the Jackson Park syndicate will rnn an excursion to Anderson. Free transportation will be given All who own lots or who buy them in Jackson Park, at Andcr-

buy a ticket costing gl the money in case they

son. Those who will be refunded make a purchase.

Six lots averaging 1,650 each, in Morton Place, wero sold last week.

a A T IT

"FOR

CENTRAL BUSINESS PROPERTY." FINE RESIDENCE PROPERTY. CHOICE INSIDE VACANT PROPERTY. ......... .. .......... . A ... .. CHAS. F. SAYLES, 75 and 77 East Market Street.

(Second Floor.)

1 I

MAS A. MORRIS'S ADDITION.

120

E-5 O m o & P3 o EH

m EH

CM o

HOMK

2 8

150 33 3 35 3 so 3 38 t " J 43 j 150 S S SKC 150 - 44 3 48 1 49 150

i.r , ' . lftu 17 50 ;s 60 C 5 3 - GO ? j e '$ 1 3 " ci S 2 3 74 -I I g 2 3 73 150 3 150 g

AVENIJK

155.0 CD 103 " 103 3 101 3 loo 2 o 3' 07 3 9G 03 3 94 3 P 03 3 155.05

o CO

Ap!talt Roadway Cement Walks

STUKIST

150 150 .h 5 so 57 3 . 81 rCO 83 : I C3 S 83 34 O ? 5 sl 53 $ 85 , -------------. -. ! a-5 ? J ? 80 51 - 87 150 - r. 150 w

155 03

154.72

151.C

MOltUISON

STItHKT

!z5 h3

t"1 o H t O W tH O H3

OISTLT $400, $500, $600 AND $ TOO. Terras 1-4 cash, 1-4 1 year, 1-4 2 years, 1-4 3 years. MEADLAND GRAND VIEW ADDITION. . College-avenue Electric Cars every ten minutes from 6 of a mornin until 1 o'clock at night. Streeta improved. CEMENT SIDEWALKS. NATUEAL GAS. Come early and get choice. I. N". RICHIE, 58 East Market Street.

BUY THE BEST! THE BEST IS

AEDMORE

i There is little of great interest that can

be said about the market that haa not already been noted. The little financial fright which seemed to pass oyer the city lor a brief moment did not and has not seemed toeither helD or hurt it in our vis

ible manner as yet. It was predicted at once Y

by a number of people that a bank scar would at once react on the real-estate market and make business brisk. This has not been the case, perhaps because the sn8peuflion of the Capital National did not affect the confidence entertained in other banks. It seems to be the very universal belief among real-estate men that a real, lifesized monay scaro would precipitate a great rush for real estate in this city, as it in gilt edge and can always be realized on. While money in almost any sum is considered safe when invested in Indianapolis business or residence rroDertv. it is also

considered just as safe in the bank vaults

of the city. In Hamilton. O., any kind of pood property costs from o0 to 85 a front foot; Decatur property well situated, fCO to g7 and in New Albany on best streets aood locations on residence streets, lots are worth $00 a foot. Good residence property here of a relative location can be bought for the same money, bale's on. Alabama, UroadWay and similar streets verify this state ineut. And yet some people think property la high in this city, and some believe there is a boom on because property sells well. "

Mr. I. N. Richie stated yesterday that he j

drove thirty miles through and about this city the other day and only saw five houses for rent. Mr. Kichio has concluded to drop the rental business in connection with his good real estate trade, if some are not soon vacated. ; " Mr. I. N. Kichie has 6old thirty-eight lots in Meadlaud during tho last thirtydays and besides this, in the last ten days, six pieoes of property to people moving into the city, all strangers.

Don't Live in a Swamp when for the Same Money you can Own a Home in Gods Country. Central-avenue lots, 60 feet front $600 Park-avenno lots, 50 feet front.....'. $425 Broadway lots, 50 feet front 400 College-avenue lots, 50 feet front 375 Hammond-avenue lots, 50 feet front $300 EVERY LOT HIGH AND DRY. GRAVEL BOTTOM CELLARS. TERMS $25 cash; balance, $10 per month. Second mortgage taken. Come in and get a plat C. .A.. BOOKWALTEE and L. Gk KIIST 96i EAST MARKET STREET, PIKENIX BLOCK.

i i J i

i ,i

A New and Unique. Plan of How to Get a House and Lot Avorth from $1,500 to $1,800, for-$280. The BYRAM LAND COMPANY havo placed upon tho market 163 lots located in various parts of the town of BrihtwooiL Tho cash value of these lots are from $200 to $450 each. The company have also built eight beautiful cottages in various parts of the town on these lots, valued at from $1,500 to $1,800 each. The method adopted for this sale is as follows: The 168 lots will be sold at tho uniform price of $250 each, tho payments to be made as follows: $15 cash to secure the contract of sale; then a payment of $00 on or before tho evening of July 15, 1893. On this date the purchasers will meet at the office of tho company and elect a secretary, who will distribute to the purchasers, in a manner as they may elect, the contracts of deeds, making it possible for one in every sixteen persons to secure a house and lot for $250, also making it possible that ninety out of every 168 persons shall secure lots worth from $300 to $450 cash, 'for $250. Tho balance of the payment of $250, after having paid $105, can bo paid at $10 jjer month. Don't forget tho date. July 15, 1893, is tho last chance to purchase ono of these bargains. See plats. Gr. A.. BOECKLIjSTG & CO., 67 EAST WASHINGTON ST. VANCE BLOCK.

ncler

son.

ndiana

Daa A Tin a a It 1 1 n a Ar !r a r A a aIIi n tt a rrrAn t !

many Jots in North and West Indianapolis, and are driving the Brightwood syndicate S

AND EETUEN

lots through successfully.

Mr. Boeckling, who is president of the Albany Land Company, just closed a deal of sixty lota in Albany, for $15,000 oash, yes trduy, with a contract that the purchasers aro to immediately build sixty houses. This Albany Jand Company has looated a number of industries there that will need about 1,210 houses for the laborers within the next six months. This company is

meeting with unprecedented success. Mr. Boeckhng and John Holtzman own a number of lots on Eureka ana Keystone avenues, east of Woodruff Flaoe, and have about completed arrangements to supply them with gas, which will add to their value. They have built a number of houses recently on this prooerty and will build a number more this coming summer.

DAUGHTERS OF KECEKAII.

Eighth Aonnal Convention in SessionWorkiDg Degrees Grand LodgeV-Jeetinff.

MAY V7, 1893

CSTEAIN LEAVES UNION STATION 6 IE

Special Prices will bo made, on theso lots during May. JOHS7PANK&CT6.7Agents, NTo. 86 EAST MARKET STREET.

The first session of the eighth annual convention of the Daughters of Kebekah

j began at 0 o'clock yesterday. The morning j session was occupied with the reading of ' the reports of officers, and at 4 o'clock an

adjournment was taken, and the delegates

went on special cars to the hall or Indianapolis Lodge. No. 4t5. on Virginia avenue, where tbe degrees were worked by the Fi-. delity Kebekah Lodge, No. for the benetit of the delegates. At7:C0. Inst night, tho degree stall of the Peru Kebekah Lodge worked the degrees in Grand Lodge Hall, and at B:45 Olive I3ranch Lodge, of this citv, worked the degrees at the same place. The present convention is the largest ever held by the lodge. There are about six hundred delegates in attend

FOR TICKETS AND INFORMATION APPLY TO

OBT. MART1NDALE & CO

84 EAST MARKET ST.

Office Open Every Evening.

FIFTEEN, BEAUTIFUL LOTS

auce. Vfdnesd.r morn inc. at 9 o'clock, tha

i Grand Lodge of Indiana will meet in the

i Grand Lodge Hall. On Wednesday the j degree statt of fifty men from the KichI mnnd Lodcre. No. '34. will confer the firnt

and third degrees for the benetit of the Grand Lodge.

ARE FOR SALE IN-

IQHTWOOD

A.t From $200 to SSOO Per Lot

Natural Gas privilege goes with each one. $3,000 cash will buy thorn all. The purchaser ought to make $1,000 in one year on this investment. ' Inquire at JOURNAL office for the owner.

w Corporations. Articles of incorporation were jester

day filed with the Secretary of State as follows: Isabella Toilet Company, of

South liend. capital stock $1,000; Rural Gas and Oil ComDany, capital stock. $3,000; McCarty-street Savings and Loan Association, capital stock. $80,000, directors. John II. Ballman. Frederick Schreiber, Otto Schmidt, Koland Kempf. I. 1. Thiecke. Louis Beerman. Jacob Lekert, F. Gr.Tbner. W. C. Hehling. Articles were also tiled by the Colmnbas Wicdow Glass L'ornDanv. of

I Greentield. capital stock, 50.000. the diI rectors being James A. Wells, 8. It, Wells j and Jobn liorrey.

Morning Paper at Kokomo. S. Edgar Nicholson. late of Kussiaville, but now of Kokoaio, was in the city yester-

S day on business connected with the new morninff caoer which he is about to launch

into existence at the latter place. It will be known as the Morning Times and will appear either Thursday or Friday of next week. It will be independent OS far s

! politics is concerned. Ihero is now on morning paper at Kokomo,

CONSULT THE ADVERTISERS ON THIS PAGE FOR TERMS ON REAL ESTATE

THEY WILL ALSO ADVISE PURCHASERS AS TO THE BEST PLAN TO GET MONEY FOR BUILDING.