Indianapolis Times, Indianapolis, Marion County, 4 September 1948 — Page 21

iden

Facts About i Marion County wt

Here In Indianapolis and Marion County, as throughout the country, housing is one of the most discussed and most serious problems of the day.

To all of you who are hopeful of building, buying or just “finding a place to live”—the two undersigned organizations—representing virtually all of the established, independent residential builders of Indianapolis and Marion County—would like to nmake clear these facts about the local situation on residential construction:

In 31 Months— 9.753 New Homes for Residents of Marion County

How Many New Homes?

Travel through any residential area in the city or county and you will hear the sound of hammer and saw. Ever since the war, your residential constructors have been working to meet the demand for homes and apartments. The need is great and it has not yet been fully met, but, as the figures below clearly indicate, the housing problem, at least locally, is well along the road toward eventual solution:

In the period from January 1, 1946, to August 1, 1948, residential builders of Indianapolis and Marion County completed or placed under construction 9,758 new housing units. This has been accomplished despite severe shortages of materials. - Providing * homes for almost 35,000 persons (based on the average of 81% persons per family), these units are divided into three categories as follows: 1946 In this, the first postwar year, a total of 8,043 new housing units were constructed,

) inclu 2,941 single units, 86 double units and 16 apart8,537 Single Units: Ineladiig 2, i, . .

In 1846, 2,941 single

With materials gradually becoming - 1947 - availible, a total of 4,288 new. dwellings were ; added, including 3339 single units, 170 double units and 777 apartments

1948 As of A 1, construction had on a total of 2,424 mew units, 2,257 of them single homes; 98 double units; and 69 apartment units.

\ 1947,.3,339; and, from January Ito August.1, 1048, 2,257.

Your residential builders would like to increase the above rate of construction. They CAN and they WILL increase it, IF SUPPLIED THE MATERIALS. That is the bottleneck—MATERIALS! :

354 Double Units:

Construction of twofamily homes over the

31-month period breaks down as follows: 86 in 1946170 in 1947; and i 98 in the first seven OFFICERS: months of 1948, C. O. Grinslade, President

{ Robert K. Cordill, Vice Presideht LeRoy Carson, Secretary \ H. A. Lindemen, Jr, Treasurer 5 Elmer E. Meadley, Executive Secretary

862 Apartment Units:

TELL

Apartment construc- ) tion in 1946 totaled 16 units; in 1947, 777 units; and in the first

Marion County Residential Builders, Inc.

Indianapolis Home Builders Association

How About Cost? = = =

most things, as the comparison of prices between nd below plainly shows, are » lot higher than a new home: TR

Food—32.5% higher in "48 than in "46

£ # 2 BA

Farm Products—35.3% higher in '48 than "48 ° Home Conteuclon—1.6%, igher I 4 than 48 ga

builder is pledged.

How About ‘the Future? 103 SDE Indianapolis is a great and growing community. to deal J]

a Ey na fi E.~ ng 2 $

€ i s 3 i ak Ey a £¥ 2 Ex $4 § LA ¥ .

DIRECTORS: DIRECTORS: Robert K. Cordill jo tuber 1 be Fran tot LF, £5 Set, A fame Sisae ft

SER we Hd A J

seven months. of 1948, FE OFFICERS: DIRECTORS: DIRECTORS: 69 units. , Arthur A. Smock, President Row 0 Neovs A A Lindeman, bh. i Poul R. Pike, Vice President Rentuch 1 J. F. Cantwell, Secretory promot sod Aor Soack C. O. Grinslode, Treasurer Wm. Vogel 4. F. Camwell x remeeney | "\ | ® 3 *® J 4 oH 3 3 4 , ; For Your Inspection During National Home Week, Sept. 5-11 Hoa - A $2,000,000 "PARADE of HOMES" iy - | : : : o M | me NG” . During National Home Week, Sept. 5-11, take time to visit and inspect In- 1700 & 1800 Blocks, E. 65th St. 3300 Block, N. Grant 5911 N. Meridian =" Jo de dianapolis’ $2,000,000 “Parade of Homes.” Sponsored by the Marion County 6416 Dean Rd. (Blandings Dream 3201-3261 N. Keystone 58th St. E. of Keystone. : Residential Builders, Inc., and the Indianapolis Home Builders Association, House) 5800 & 5900, E. 21st St. $250 Dean Ra. ha “Parade of Homes” will enable Indianapolis residents to inspect a wide 6355 Washington Bivd. 30.40.32 St, Emtern Ave, Blok, E. 79th St. | i the "Pa 6100 Block, N. Delaware St. 17th & Bancroft Sts. 6735 Dover Rd. Sry 60- array of new homes built by members of these two groups. The homes are 58th & Ralston 28th & Koehne 502 Cecil St. ed s to located throughout the metropolitan area. They include structures of all 5838 & 5840 Brouse \ 2118 Medford . §i37 E. 16th St. 5 sizes, types and costs—and can be seen in all stages of construction. Fol- 55 & 56 Blocks, Rosslyn Ave. 1900 Block, Drexel Ave. | 3418 N. Olney . lowing is a complete roster of the 54 “Parade of Homes” locations—use it ~~ 5735-5747 iN; Ouorg oi 2000 Black: Sisnridye Br: (oo rE 2) Sr E 10th st ea Nith . 5041 & 5061 N. Illinois pt ndsor age, ngton ' Lane iH > % a guilds In planning Your Home tour: = 4341 N. Olney St. - "1202-04 M. Concord St. : 5511 to 8823 Crestview ~~ | ; 40th St. & Forest Manor 1433 N. Concord St. 6115 & $158 Winthrop Ava. : She & College Ave. 5600 Haverford Ave. 3610 & 3636 Parker Ave. 4729 Farrington 24th St. & Arsenal Ave. A 6215 & 6210 Evanston 7022 College Ave. . 3500 N. Riley 475-95 S. Somerset 200 Block W. on Re §8th & Crittenden Ave. 3530 Janet Dr. N. Bancroft & N. Dequiney _ 2900 S. Deniston about 4700 § 661 E. Tist St. + 6535 & 6545 Springmill Rd. 35-3700 Lasley Ave. 338 N. 15th St, Beech Grove 3423 Manor Court