Indianapolis Times, Indianapolis, Marion County, 9 July 1950 — Page 41

wson Bros. or: at 3132 | sale, com- | red T. Hill | » Holcomb |

ng is

mer on the he Housing

opi

for erection ym slums. on, director

r Midwest authorities or low-rent 1bany, Ind., units, the

i. ject which inanced by, ill cost $7,« ngs. Total luding land, tures, serve istration is 354,657, Mr,

ME pesmi

mm

ere

Lr pao min

Rate So Far This Year Near '48 Peck

Applications for mortgages underusiien By Veisrana Adminisn is up ying high. This wing of the government’ n insurance machine last week reported average monthly requests this year nearing the 1948 high mark after dipping low through 1949, the boom building year. Earlier, Federal Housing Administration disclosed a new record in unit volume of applications in the first five months this year compared to similar periods in the last four years. These two agencies give that! old lift fo real estate activity.

Provides Unusual i

Their reports covered action’ Amount of Space Trias realtors and builders in| Hs 18 a small home designed,

“for a narrow lot. It is. only 24 feet wide and] yet it provides an unusual amount of living space for such a small home.. . The exterior is designed of

Nearly 700 Monthly VA reports showed an aveérage of ©96 applications received through June, four under monthly | average established in 1948, up Jom oa processed monthly dur-'white wood siding, but it would

look equally attractive conLoan guarantee headquarters gtricted of brick veneer or cinhere also reported applications ger block. received last month were more ow an r cen made in January. However, the YOU ENTER the front door 1020 Tequests received last month from the protected porch into a were far under the 1800 peak set vestibule with coat closet oppoin June, 1946. site. The ving » large t with a picture ndow in fron of asticless in t he half) and two additional windows on received 4269 mortgage insurance the side. applications compared to 2721 re-| - While the architect has not ceived in the first six months last shown it on his plans, if the year. budget would stand it, a natural Average $5000 |fireplace could be located where) Average loan this year hits the chimney is shown. A separate $5000, while last year the average dining’ rogm leads off from the mortgage approved hit $4314, /living room and there is an ef-| Robert Mitchell, loan guarantee] ficient well-planned kitchen diofficer, reported yesterday. {rectly behind. VA officials also expect greater The service entrance opens into use of the GI loan with the split-|the side of the house and the off-of the FHA-GI combination Stairs. lead directly down to: the, starting July 20 with final termi- basement, which is excavated unnation coming Oct. 20. ‘der the entire house. However, this observation, as s well as the continued building- | GOING BACK to the living buying wave, must be tempered room, we enter a small hall with by Korea, officials said. 'a bath conveniently located on

” ithe right- for~the conwénience of” PLATE GLASS MAKING . not only the guests but the reg-

During the last quarter of the jap occupants of the house. i

= »

17th Century the French learned) The two downstairs bedrooms|from "the hall. The stairs leading unfinished part of to cast plate glass on 1arge [occupy the back of the house, up are opposite the bath and an additional two tables. Americans did not at-|hoth having cross ventilation and there is sufficient room in thisibath if desired.

tempt to make rough plate glass closets with sliding doors. There until ‘early 100 100 years later.

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lis an additional linen closet off] | Buflding plans and specifications, first set.:$5.00 LThree SBt8 fOF.csiisersrsesans ot

| The Portfolio of Sixty Small Homes... \s

City

sess eenssseRsnsntnny

¢ Fill in This Form, Inclose Mail to The Indianapo

teens eves

How many esas enee 310.00

AF TET TENE

+++1.00 cans

TOTAL ENCLOSED (Small Home No, 100).... $i reir es | Name SRL ERE EERE EAE srsaaseas . sevens} {AQAreSS .secssssesnsesen Petar sss RENAL esate nun es savesne .

++ State

“sera

Check or Money Order and lis Times, Indianapolis 9

Here's a Small Dwelling For Narrow lot. g lhers ding Agencies Pushing

For 'Open End’ Mortgage |

eo

“Real Estate—

"CLEANING AND REPAIRING FREE EST —MI. 7553 °

(Continued from Page 39) Skirt another complete census, | /thank you. | million question, the sa groups are behind other allied Stepping High

organizations in pushing for FHA | approval nationally and statewide indorsement of “the new life for homes” —the

If that Christmas choo-choo Is still chugging along today-—even| “open end” mort-,, jnree pins—you got a good buy gage. {for Junior.

Ranch in Color The kid can really give that HOOSIER architects will have OY & beating. He's the final test, California house ideas right at of durability,

the edge of their T-squares when But unis 3%} ave to taksf they begin dreaming up ideas OF | Font. These feet belong. to the!

Beyt years model dwelling for the| girs of the Bakelite Hall of| Frank Cantwell,

{Museum of Science and Industr Toling Somive. wil bring Het They've pounded three separaie|

{installations of a plastic floor | - a ee a covering. And according to the | ye Diego and the San Fernanado| Manufacturers, the plastic's still Valley houses. They have a new! DOIding up. “ranch” type dwelling with fur-| niture in monochomatic (various shades of one basic color) styles!

the feet.

Anan | {will remain under wraps, but data

assesses!

{put out by Delaware Floor Products, Inc., approved by U. 8. | Testing Co. and Good Housekeep[Ing Institute, It's in the Hall and still as “purty” as ever,

out there. { “And I want to see what they're {so proud of,” said Frank before! ‘he entrained. Architects interested in submit-| {ting plans in the Home Show] {competition will get a long view! {of the California ideas in a series of talks which Frank hopes to sponsor when he returns.

By the Numbers

THE nose-counting Census Bu{reau is making room in the Susting house Jor mortgage de] er to buy a house now than in They want to find out what pre-Pearl Harbor days. {Hoosiers here are paying for their, The National Association of houses. Not why, but how they're/ Home Builders points out today {paying for shelter. [that $54.92 per week salary takes District Supervisor Henry E. only 182 weeks’ wages to buy {Neal has mailed out 2000 report| today’s $10,000 house. | forms to home-owners here, a! Ten years ago, on an average hand - picked cross-section of weekly salary of $23.86, is re{households covered in the current quired 209.5 weeks’ wages | census. purchase the $5000 dwelling, {> The bureau. wants answers to . questions like amount of mort: ‘gage; length of loan; interest rate; unpaid balance. The details will,

Easier for Workers

To Buy Homes Now Although construction costs ‘have jumped more than 100 per cent since 1939, it is easier for

Builds Plant of Glass

A successful: brass button manu-

for the first time, provide infor-facturer at Philadelphia built a

mation on the household financ-|glass-house in Salem County, ing picture here. N. J. in 1739. He and his son Mr. Neal said lack of detailed operated. the plant until the outinformation has restricted home ‘break of the Revolution. ownership. The survey of resi-| se

the house for dential financing will rub out this| bedrooms and; lind spot.

He said individual ‘Information|

{will be published in ‘statistical ?\tables, as usual. The mailed data is one » way to

1

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Many home owners don't. know ter. mites are destroying the wood in their {homes until serious, costly damage {has been done. Three signs“ of ter{mite ‘attack you might see are: (1) swarmer termites leaving their ground | {nests in Spring or Fall, {2) thin, mudlike termite tubes on foundation pillars or walls, (3) honeycombed and riddled wood.

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