Indianapolis Times, Indianapolis, Marion County, 19 August 1951 — Page 41
Small House Plan. ..occcenes 42 SUNDAY, AUGUST 19, 1951 : Automobiles .....cevennnes
emir | The Indianapolis Times [=e
. Real Estate
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~ Owners Renting Units As They're Completed At N. Meridian Sites
Three hundred thirty-six new efficiency and one-bed- % room apartments soon will be added to the rental market here as finishing touches are put on two Mid-City invest. ment projects at 3470 and 3710 -N. Meridian St.
And as the workmen complete — - ree each individual floor in these asphalt tile floors. All are to be structures, agents are renting the air conditioned. apartments. Construction The Frontenac building at 3470 Construction of the building N. Meridian St. will have 100 will be on a reintorced concrete efficiency and one-bedroom apart- come with curtain walls and rib ments whes compietds void and slab floors. Already four of the building's : nine stories aré being rented. E The building is designed by Fach apartment will have an Merritt-Harrison Architects and all-electric Murphy unit which in- built for Warner-Kanter, Inc., nacludes range, refrigerator and tionally known builders. sink. The kitchens are of the These three apartment struce Pullman type, very compact with tures are probably the last In-built-in cabinets and accessories. dianapolis will see before next Atop the building are four one- year, according to Marshall bedroom penthouse apartments Abrams, managing director of the with private terraces, Construction League and the InThe Shoreland Towers, 3710 N. diana Building Congress. Meridian St. will have 236 cf. "Present federal regulations ciency apartments and four pent- prohibit any starts for multihouse terrace apartments. dwelling buildings -more than The Towers, generally more ex- four family units per structure pensive than the Frontenac, will until after Sept. 30,” he said. have a luxurious lobby completely And this would actually mean enclosed in glass and decorated in there is little chance that any marble. The building will be serv- would be considered before next jced by four automatic elevators. spring even if building materials The Frontenac will have two Were allocated to such projects by self-operating elevators and an the National Production Althorattractive lobby, the entrance to ity, Mr. Abrams added. which has a canopy to the drive- AE way.
oman ‘Parade of Homes’ Apartments in the Frontenac
have a 168 bv 16-fonot room, an
offset kitchen, an R| by RK-foot . : dressing room and _a bathroom. ISP dy 00 Ings
The Shoreland Tower apartments are similar, . . The rooms have bazeboard radiant heat, fluorescent lighting Hit 235 Figure asphalt tile floors, and bamboo folding doors on the closets, A The 1951 “Parade of Homes" fireproof screen completely shuts igs off to a flying start with 238 : . : aaa lie & of the kitchen, Plug-in outlets houses already booked for publie SHORELAND TOWERS—236 new apartments will be ready soon at 3710 N. Meridian St. THE FRONTENAC—100 new efficiency apartments at 3470 N. Meridian St. “Bat BE tennag Bie JRE, showing Sept. 9 through 16, antion Co., the buildings when com- Aotnced Dean Gack]. sales Fam
| / | | » - | \ The Home Buyer's Guide— ’ Jin will have laundromats and | | $ pany, and chairman of the 4th Echo of 1939— Building Contracts . Orth Sl SARS leep ireeze tockers in the base- nniui““Parade of Homes. It Will Pay to Use Care en The 235 houses wil be in street parking stalls will various stages of construction,
amilie Set New Record T : ew ‘ . otal 188 450 {be provided at each building. with th more than 75 houses comi | Efficiency s : miles In Selecting a Builder ’ ro artis 81 the|pletely finished and veady joF oot ; | YT x hos : . cupancy. It is expected that the Construction contracts awarded] A weekly series of articles [your regular business dealings. » |$72.50 to $92.50 per month. The nymber of Tbe display will A fo Nee S in the 37 states east of the| explaining, in everyday lan- |The following pointers will help: Durin Week |one-bedroom apartments are reach 500. Mr. Gaskil Spas Rockies for the first seven months) guage, the important points to | Don’t expect more from him |priced between $100 and $125. Simultaneous with the local of 1951 set a new high for that| consider in purchasing a new |than your agreement calls for. be Frontenac efficiency apartments! «parade of Homes” showing will » lperiod with a total figure OF pome. The material was pre [You have the same right to ex-| . . ,., rates range from $80 to $95. one- po National ¥ y sugh'$10.187 billion reported ¥. W.| I | : The Associated North Side pedroom apartments are $97.5 Tome Week through By DON TEVERBAUGH Dodge C 9 hi P K . ‘| pared by the National Associu- pect him lo carry his agreement o_o. 1 ot week reported ato $12 apartments are $97.50 ,ut the nation, Slogan for the Tiines Real Estate Editor I! i. ap = ee at t | tion of Home Builders, In co- [to the letter that he has to look ae Pa ee 0 $120 per month. national celebratfon is: “The only The need for homes is just as urgent today as it was, i da operation with liood House- to you for the agreed payments ie) 2 is sales at a svubined rec Note Apariniess real security—A home of Your : a : ; : | Ing Magazine. : that, and nothing more. value of $186,450, Chairman Wil- larly next spring, another 364 own.” 4 2 rs Gespite “the residential construction boom in 1950. The 1950 figure w : - Vole heV apartme ‘ a, : a 1 in uz ¥ h tion’s h f 29 illi Hebi ” BUIE Yas i THIS WEEK'S SUBJECT— Assume that he is honest and lis Adams announced Friday. Sittolennay BPA ang 26 One- pez mr iC RPINOTR Tite d a which has jumped t e hstion Ss houses Irom «4 ml lon Meanwhile total construction! How to Pick a Good Builder.” capable, until proved otherwise. The sales: Pm, Wn 2 wil} be Offered 1x “Parade of Homes" is sponsored in 1940 to 39.4 million ‘in "50. > " ‘awards slackened a bit in July, | The see gtioll Bi ra A EAT SER on Expect open Harry L. Robbins Realty Co.— #ruction ‘Essex House is Topn- by the Marion County Residential The reason: New families have, #. x = lcompared with June, The July|important step in the process of. gn the work in bad weather as nyt 8200 N. Illinois St. and lot, pleted. Bullders . and . the. Indianapolis total of $1.379 billion was down becoming a home owner. Take good. Delays cost the builderiggpg N. Illinois St. Located at Pennsylvania anaillome Builders association instot
- - idl at as, i er e Trey ous i : | 3.0) formed almost as rap y : Home Ownership Up {2 p c nt from the p ri © the time to find a man or firm money. le is undoubt dly § nx-{ Butf Ww t rt Ca.—370 Guil- rermont Sts. th 14-st Vv 3 teuc-+2F ti rit] th Yectri dwelling units I The 1950 census indicates that month, and down 3 per cent from with a sound reputation: ious to finish your house and ford Ave. and lot 58 Westfield ture will also offe about 13.000 Les ers = ha ion ed Te 1 f 1 Deal 8s Associatio a t Ine
rk '30s many | > : a : During the dark 3 2¥ home owners accounted for 55 July 1950. { With the right builder your move on to his next job ax you Heights, square feet of floor space to busi-| ,.. : families doubled because of €CO"iper cent of all occupied dwellings, | For the month of July, non- headaches are at a minimum. are Xo Troy. te the new home jdianapolis Real Estate Hoard, during the while only 44 per cent wer this residential awards at $536 million Every " : : Reduce all extras (outside the _ ; : " ar , eatur nomie necessity. And % indy e In this BE Re thar Tune Everything will move smoothly _ "cr the original plans) to North Dr., 5145 Atherton North 1 he apartments will feature a gon of ‘the Marion County Rests war era, accelerated production8IF bl nities, th but 10 per cent more than July till the happy days when you are ZU 7. "car them with the Dr: and 5148 Atherton North Dr. 12 by 17-foot living room, Murphy dential Builders, reports the fol : f an ¢ unities, cen- ' Jul / y y ’ ; ‘abr - - p ra a Subd 1€ Rue and lush overtime paychecks; =p) ghows, home te ereniD last year. Ny the keys to YOUr NeW puilder or his sales agent. Hugh Testers Co.—7240 Wash. DT NE ae Ro lowing Dbuliders sre among os ) ’ > 3 . Apirhinr . » y an-type ki#tch-! 44 ro y a x spurred the national income. AS increased from 37 to 51 per cent| Residential contracts at $548 Sphere are several wave {o Neyer complain, or attempt to ington Blvd, lot 45, Northern: = “Uy | oc ot ol and displaying new houses in the 1951 r-'and 1 million were up 1 per cent over) T 3 . , issue instructions, to the build- Hills, and 7995 Oakland Rd. : : EEL ) d a “Parade of Homes’: M&S Cone a result, the number of home buy- and in Fura) non-farm areas, home BO es NY per a choose a reputable, responsible, ors workmen or subcontractors Fred T. Hill C 4705 C dressing room straction Co. Inc. RB. T “Fisher ow : > 's A 0 = 3 . . . . ye “«) ornel- < : v ep " Ve . AS wnership was up from 52 to 63 p experienced builder: They recognize only one boss, jus Ave. ' The one-bedroom units will be! joe Murphy, W. L. Bridges s
ers was unusually large. per cent [July 1850. Your bank t lend ilar, but 1 i ; wh Publ ’ anker or mortgage lend- the builder, even though in the , similar, but larger. Son, Meridi Cc Government economists point” Gwner occupancy of farm homes| Public and fvate works and ; ! hilger, RB W. L. Son — 622 : + Meridian Construction Co. a finger at the 850.000 probable i, eased ns 53 Ho a ea utilities at $205 million were 5|105, institution usually will have last analysis you are fooling the myyeqo 3 ages Sh 225, The apartments will be deco. Everett. J. . Holloway, J.& La homes to be built this year and quring the last decade. per cent below June, but 14 per Boos deg 1 the caliber of the bills, or Willis: Adams otet ‘Bt aA rated in pastel colors and have Realty and Construction Co, disclaim that Regulation X and put’ what makes it especially cent above July a year ago. | WO one by local builders. If you insist on making Inspec.) ingmiil or -— St. a Good Homes, Inc, Carl O. Eagler other controls have had any ef-/interesting is the fact that home| Comparing the seven months of Local Association tions, make them after working Colors For Homes & Son, Stanley Herman, the fect on home building. ownership is increasing at a this year with last, non-residen-| If your city has a local associa- hours. By all means avoid Inter-| Alfred Campbell — 5188 Byram Dawson Construction Co., David But about 400,000 of this year's higher rate than dwelling units tial contracts were $4.6 billion orition of home builders you can call {ferences with the work by tool Ave, Broadcast Theme Augustus, The Grinslade Cone u : . { : e frequently conducting the whole! Knight Realty Co.—22 struction Co C ; crop of new houses actually were are being added to the housing 85 per cent greater; residential the executive officer and inquire ;. h t fri E alty Co.—2218 Miller| «oor appeal” and “sales ap- » and C. A. Wacker, “planted” prior to October of 1950, |supply of the nation. awards at $3.8 billion were down|about member builders. Members amily and a host of friends on St. and 514 8. Keystone Ave. " PP Raley a Some Homes Incomplete “plan ES ation x ont into ef! ® Ballon. 2 Per cent: public’ and private|of the National Gets. Stembers sightseeing tours during the nr —— — pealt Ev hand in hand in the Jar AL a meeting of the executive fect. ‘Lumber | works and Weilities at $17 hulion Home Builders, which has 20.500 working day. Dozen Sales T : d [Re DD BN aig oh ng Comttiities this week, Chairman from this| {were up per cent over 1950. members in 174 local affiliates, Payment Schedule iste irnnie and bey iaskill indicated that recent govSubtract that number | Lumber production during the tri hdbndy tion's leading color consultants. |g. ent regulations would not
) fves you al, : : x 3 adhere to a strongly worded Code If you are having a home cus- N Miss West, of New York, will year’s total and it & first quarter—more than nine bil- of Ie lof Ethics : : Rn G | : est, OL ave ork, Will, pastrict buildi ol 's which assures the pub- tom-built to your individual spec- i qar er . SPV i.e hres ric ouilding for the Parade Building Trade ¢ ie pub Y Co be Interviewed at 12:30 p. m. 10- ¢ Homes.
how hard pretty fair idea of just lion board feet--was the highest ie ands (fications ate. Ap 4 the credit and building materiale, ¢ quarter on record, ent [he ot high standards. fications, . thefe are many Foe day over radio station WIBC, on mpg committee als ; controls have hit the bulldersiy, . 11 8. Department of Com- Pa Scales Rise he best check of all ig a num- sible schedules of payments, de-' A dozen sales valued at more the “Housing Headlines” program ip. hi t ee 2.850 emphasized and potential home buyers. merce Yy {ber of satisfied customers for pending on the type of house than a quarter-million dollars from Washington, D. C. in the aly o “he Bome# inciuied vals > iy : y ‘whom a bullder has erected wuilt. Here is one . sop ? | Miss West has dictated c¢ 1 arade” would be jncoms Given a free yell in 1900, BE { Unlon wage scales of building houses that have stood the test 10 per cent on completion of Were Yecopded last month by the tviin for over '60 000 1 o wi plete, liustrating various stages te builders erected 1.4 million . {trade workers advanced two per (il Carter Realty Co., Gil Carter, |. g ! mes for , nq methods of c¢ i 2 ts National REB Now cent during the second quarter, | °f years of useful life with Jow founantim. nt k 1 president reported Suid. ween *1+1160 builders in 23 states. On the : ari Bods lay . | leo ’ 8 maintenance and repair costs. 30 -per. cent on rough enclo- : y : : BH “Housing Headlines” show sli g about 700,-! |according to the U. 8. Depart-| . Top sales which k te Sing e: sno She ihelude t ; % Wow digit mpn) year. a 45,603 Members jment of Laver, he oy "so per cent on completion of repos Mr Carter Se will explain how a color consul. THA, el Section pm ’ ; ag y 4 RT. 2! ) 4 be ! : x ’ or ’ sche : . lowing for homes destroyed by| Membership in the National! The Sx eTage hourly wage ofl "re has built people for _,. cter, plumbing, heating and those of the David Augustus tant Yorks oul Solor Schemes oF telecast. fire and old age, the experts Association of Real Estate Boayad{BOn-unlon yorkers in the building Seek a building frm which has electricity. home, Marianna, in the Wind- ny a re and entire; ftir Aran — figure we'll need at least a miliotaled 15.805 as of July 3,3 met This is what the union workers an abundance of good, modern Yi per cent on completion of gone Audition; are Raymond i ‘Mortgages in County new homes next year. 0 92 realtors since the be-| ; equipment. : of : : the work. . ‘Sayles home in eridian Hills, . . lon ee government sooth-|Einning of the year, C. Armel cot P70 hour here} tricklayers, ET Ineshanioal Sonis 5 per cent 30 days after com- and the Long property at 7849 Heads Realty Group Decline During July Optimis oA ot builders will Nutter, Camden, chairman of the| wil ren ers, . 3 Ng Jeet The care ig ? aves pletion. Windeombe Dr. Alexander Summer, Newark, Mortgages issued in Marion sayers predic ect at least 850, membership committee, Sh SNS 2 32; Tainters, § 32; plas: Rt tale ER aod gives 2 If you are buying a completed Other sales included: 3140 Win- president of the Natoinal Associ- County during July totaled 1150 be able to a controls over today. Peer : SLB umbers, $2.66, and Site and i ; 0 | e i home in a project, you will pay field Ave, 3322 College Ave. ation of Real Estate Boards, was as compared to 1201 issued during 000 under al RR terials, | Members.of NAREB are knownilaborers, $165. teh. Wind ns ar ne cl®in a lump sum or sign up for apartment 4 at 4442 Indianola/named a vice president of the In- last June and 1380 during July of ao ruth is, we'll be Jucky PY the professional designation of terior do i 4 kiln fw oT a mortgage loan to pay off the Ave, 7285 N. Illinois St. 5930 ternational Confederation of Real 1950, the Union Title Co. ane ey I Ne yunt in. realtors, a term protected by law Walls Reflect Light Folin oe Dre BI Kiln aried builder, Haverford Ave. the - Jackson Esfate Agents which was recently nounced this week. “ : to mean only those in the real es-| p 0 While the huilding operation farm on 96th St. lot 68 Winde- formed hy 350 delegates from; During th \ 8 ” , . . Bley : g the first seven month} cluding about 400.000 Homes tate business who are obligated,| Reflecting wall surfaces such [under a roof. may be a great adventure packed mere Heights, lot 17 in the Wind- France, the United States, Great of this year a total of 7828 morta which were arrang en ‘through active membership in a (8% clay tile are meeting with in-| You will have close relationship with emotional thrills for you, combe Addition, a lot at the Britain, Belgium, Switzerland, gages were issued in Marion Regulation X took e at par real estate board, to abide hy the sreasing approval from lighting with ow builder for months. try to remember that it is rou- northwest corner of 57th St. and Holland, Germany, Austria and County, as compared to 878% Unless controls, on cre a well established code of ethical pe J espons! 16 for illumina- Exercise the same care in getting tine, bread-and-butter business to Hillside Ave. and the Overmire Norway. Headquarters of the issued during the same period in ticularly, are relaxed. 58, [conduct of NAREB, Mr. Nutter tion in kitchens and bathrooms. along with him that you use in the builder. : (farm in Hancock County. group is In Paris. 11950. going to see anywhere "explained. pen Mico empress — 000 new homes in 1952. California recorded the largest aL. increase during the seven-month ‘period, 264, while South Dakota Subsidized Homes : ‘had the greatest percentage gain, The state of Connecticut sincei14 per cent, - r has spent $70 million to| Florida ranked second in nuthe 3a Pe ly homes in/merical gains, with 157, while build 6000 one family wet Texas was third with 145. Other the $8000 to $12,000 price bracket. |g 40g in the first 10 with the As of last April, 1400 of thes€inumber of new realtors were Colhouses were yet unsold. lorado, 81; Ohio, 69; MassachuDespite this, public housing setts, 66; New Jersey, 61; Michiagitators are now pressing fofigan, 45; Pennsylvania, 40, and another $100 million dollar bond Kansas, 31. fssue to build some more such Percentagewise, Florida ranked homes in this state. second also with its jump of 11 rl {her cent, and Colorado stood in {pe ¢ 3
Hall-Hottel Co.—5141 Atherton NSS. * | Rili Mohr, executive vice presis
Publicity for the program will
Jpen nouses “ig per cent. Other lead al Realtor Bob Butterworth re-the states, with their records, ports that his open houses held were Nevada, 8 per cent; Texas, 7 during the week and between the per cent; Utah, 7 per cent; Wyomhours of $:30 and 8:30 p. m. have ing, 6 per cent; District of Coa St sful. . [lumbia, 5 per cent; Arkansas, 5 yy evening hours per cent; Kansas, 5 per cent; ah — - TL & i : to one better than North Dakota, 5 per cent, and SEE Jedi Te NN ? ! _ . 5 - Virginin:Rpereent. Lf JICK SALE—A y once, th SIDE—Built in 1942, this home at 3453 W. 0th St. WILLIAMS CREEK—This. landscaped anned Sunday ¢ ated out, was thel IA Tol e at. os sold last week rman Greenwood, realtor, for H. Eugene ently for Howard C. € 87 new ndembers| A K. C salty Co. for Leo F. E aser Ru ve ‘buyers were Mr, and Mrs. James W. Hall. The s. The five-bedroom Colonial
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