Indianapolis Times, Indianapolis, Marion County, 27 April 1952 — Page 56

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+ By DEAN H. ROBINSON [the full basement. There is room SAL would be hard to’ find & down there for a large recreater, more , three room home this week's

jdry facilities.

architect has designed the or these rooms have cross ven

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sktétior of brick and cement slab tiation and the other & large picOF wood battens above, but fitiure window which lets in as look as well of wood siding ‘much light as two average bed“ginder block. A man handy room windows, an {vols aba wi ih lime on Dia There are seven closets on the me himself. (first floor and lots of storage t's take a peek inside. There space in the basement. If sliding oh Blotacted front door which doors were substituted fof the 8 Into. A Ve e eep ou ; od yastibuie to . po doors upstairs quite a d the corner to He left. The ning room is open- "No. garage is shown but a give more of & feeling preeseway and garage could be s attached on the where the

kitchen is directly behind service entrance is, This addition

leads to the service extra, As the house is, it should the stairs leading to he very economieal to build.

bi Do You Like This House? “Pill in this form, inclose check or money order and mail to Scale Model Home Planning Department, The Indianapolis Times, Indianapolis 9. Building plans and specifications; first set..$7.00 Additional sets on same order, each for. ...$3.50 Portfolio of Sixty Bmall Homes. ...ovees...$2.00 Third Book of 100 Small Homes..........$2.50 TOTAL ENCLOSED (Small Home No, 103)....

Name BERRA N NINN NII R IRI I RI IN ERR IRR RTRs Eres R RRR Rte

Kadress BORONIA NRN IIIB R It RNIN IRIN It ORR RNR sas RRR ROR RRES

a oy PRBARENNRNTEN RABE IENsOrsR any State SANs ENNNt Bsn ea . -—

he) roakinsta and lunches. much larger but would also cost : and

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CRBs reNren

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Clothing, Dry (oods, 8h ardware, Dasiety. Gift Shops, Toys, Candy, 8, Houses, ete, It Jo0 have merchandise J on the shelf, under the counter. in the stock room,” odds and end Joos you know you can’t sell, Get 0] 4 call us. Prompt service the line.

INLAND CITY JOBBERS

LUMBE

4 rr {¢ ) x \ | /4 NY PERIOR 14% LLWORR

LUMBER CO

TAlbot* 3315

| Jot

18 Wil

RNET-8INFORD

KELMIER CO.

C1190 8. 82nd ST. - BR2424 0s IR-1192

s Cute and Economical = Regulation X Chokes

| | Building

tion room and heating and laun-|”

The house is almost. The left side of the house has © and only 30x34’ in size. three bedrooms and a bath, Two §

usable space would be re- y

for a dining nook foriwould make the home appear|

Market, Congress Told -

- ¥ i By ROBERT F. rd¥rus isp long carrying charges on conUnited Press Stalt Correspondent latruction loans already have eaten WASHINGTON, Apr. 26 — A heavily into their profits, new flood" of complaints against Curbs Stunt Operations the government's housing credit! wamilies - who ‘already have restrictions poured in on Con- bought homes in a deyelopment gress today from builders who gt full price would be howling can't find customers with enough ror the builder's blood if he tried ready cash to meet the down pay- t4 bring in new residents at cut-| ment requirements, rate. Alan KE. Brockbank, President « Mr, ' Brockbank sald credit of the National Association of curbs have not only frightened {Home Builders, returned here customers away, but alse have (from a 24-state inspection trip to played havoc with normal buildtell congressional leaders. thou- (ng operations, sands of brand-new houses, par- He cited examples where buildticularly in the $12,000-up price ing firms had acquired large range, are standing empty be- tracts of land for future developcause of the "Regulation X'’' ment but were unable to go ahead credit curbs, : because so much of their capital Mr. Brockbank, a Salt Lake was tied up in vacant homes.’ City bullder who is serving a d one-year term as NAHB presi- has begun to hit the building and \dent, talked to hundreds of build- building trades industries, and lors and civie leaders on his could become bad enough to hurt |eross-country, swing and relayed the entire economy. their complaints, | Mr, Brockbank sald many | He said his trip convinced him builders already have had to lay |government credit regulation is Off men because of government not needed, that it is preventing restrictions on credit and mathousands of families from buy-| terials, although recently the ining homes, and that it is being dustry appears to have been getkept in force only because some | UDE enough materials to assure government officials want “con- construction-of close to a million

trols for controls’ sake.” Romes this year, . Don't Have Cash The big headache right now is

{average wage earner can't buy Relax or Remove his own home undér the existing] He added the government restrictions, even though he should remove, or at least relax makes a large salary and can housing credit restrictions to get

lafford substantial monthly pay- the home-bullding market back iments, 5 . on an even keel,

{ Mr. Brockbank said literally] The Federal Reserve Board fs{hundreds of thousands of poten-/ sued its Regulation X Oct. 12, {tial buyers are inspecting model 1950, when the mabilization prohomes and building sites all over Sram was just getting under way, ithe country right now, but an to help curb what then looked like “apallingly large” number walk the start of a runaway inflation, away when they find out the] On new homes costing. $7000 down payment required. jor less, the required down payBuilders and real estate men, ment for nonveterans is only 10 jhe added, can’t do much about per cent. That rate rises to 15 {the situation except wring their per cent on homes costing more {hands and hope for relief from!than $7000 but not more than (Washington, 1$10,000, and then eps up gradspokesmen [ually to a top of '50 per cent én {homes costing more than $24/500. of cutting prices to attract more! For veterans, the down paycustomers. But they said most, ments range from 4 per cent in \bullders can’t afford to do that the lowest sales price bracket to {for two big reasons: las per cent in the $24,500-and-up Their houses have been vacant! group, :

industry ;said there has been some thought

INDIANAPOLIS TIMES

He sald unemployment already|

| The NAHB head asserted {he #€lling homes, not buiflding them. |’

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INTERNATIONAL SALE—This three-bedroom frame home at 82 S. 8th St., Beech Grove, was sold recently for Liberato ©. Orsini of Rome, Italy, through a cross deal between the O, L. Starkt Co. and the Chester Smith Agency. The new owner is Albert Z. McKinney.

[ Why Pay Rent? . .. Buy

Lhe ig A SI A Te AE RA A . ? ; SUNDAY, APR. 27, 1952

¢ - ®

YOUR OWN HOME

fil 3-bedroom floor planned home on your

lot for $2293.95. . We con help you with plans, prints, financing and labor if needed. SEE us BEFORE YOU BUILD OR BUY!

“Actually Saving

NORTH SIDE—Sold recently through Realtor T. Lorin Driscoll, this 1 story bungalow at 621 E. Kessler Blvd. is now the home of Ernest R. Walker. The seller was David H. White. The house has three bedrooms, a tile bath and terrace off the dining room.

33%% On Oil”

Says Raymond F. Montie*

*1 consider my new G-E Oil Furnace one of the finest investm I have ever made.” Standout comfort with famous G-E Air-Wall Heating System or standard ducts,

HOW YOU CAN SAVE, TOO!

OIL HEATING

Replace Pickpocket Furnace with a fe re ‘Oil Furnace. Fuel savings pay for lof Here's why:

Burns all the oill G-E “Turn

J. Dorsey Heffner

Joins Case Co.

The John D. Case Realty Co. farm specialists, this week announced the addition of J. Dorsey Heffner to their sales staff, Mr, Heffner for : the past 25 years. has been in farming and was born and raised on a Boone County farm, “There's a strong demand for small farms at this time” Mr, Heffner said, “a lot of city

folks would L VE

like to become , Mr Heffner | QUEET METAL CO.

gentleman farmers, However, farmland is an excellent security,” 4101 L 10h 3. in33e

fast from oil flame ; * Address on requed

Comiort you dreom abowil

GENERAL @D ELECTRIC

For greater comfort end lower fuel bills, chock boxes below. General Electric Company, Air Conditioning Division Room 1144, Merchandise Mart, Chicage 54, Illinois

Send colorful wim details on. how G-E ou NAME, cic asias ane sds sadone roosts sonssse:

: ! ' I home can save me TE aa 1 1

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money. ADDRESS. PEP BPR BRNO PIP RIL LEI RN PECL INDON Make free survey showing APY. NO. (IP ANY). .osacinastsscssssnssnns how much G.E. can save me i next winter, {J OY... ccniaeesaii ii 20M. STATE. ....

aw on wn wh ae ww

NORTH SIDE-—Sam Frankovitz is the .new owner of this home

How Many? been awarded to Richard Lee

Calls Made Any Place in the State BOs Ww. WASHINGTON Li-tves i

at 5641 Guilford Ave. It was sold recently for Asa M. Ross by | Edger Brodbeck, realtor, The home includes two bedrooms and den, basement social roem and two bathrooms. er

Steelworkers Grant $2000 Scholarship

A $2000 college scholarship has

ly by District 30 to a student re- | lated to a member of the steelworkers union,

Routh, Frankfort, by the United Steelworkers of America (ClO). ‘He is the fourth person to win| [the scholarship awarded smn { |

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J & L Realty, Inc.

804 Lemcke Building, Indianapolis Phone: MA rket 3468

URCLEIETI | No Down Payment AMERICAN ! .* AYR VAT

First Payment August 1st

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GREENFIELD PLAINFIELD : MOORESVILLE Noltiday Park Realty Corp. Forest J. Weber " “Plainfield Phone: 2606

National Homes Melodies featuring Dave Hamilton may be seen on WFBM-TV,

Channel 6, Indianapolis, on Thursday at 6:25.P, M. and Mondays at 10:35 P. M,

- THE Highlundow by Hine! fw

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offers many other smart designs in two, three and four bedroom homes + «+ +» some with two baths, porches, breezeways, fireplaces and garages as optional features. For more complete and detailed information about National Homes, contact your National Homes dealer as listed below:

INDIANAPOLIS

JED Construction Co.

506 Lemcke Building, Indianapolis Phone: IM perial 5411

; Bua off a

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LEBANON WHITELAND NOBLESVILLE FRANKLIN PANVILLE | United Builders, Inc. Community Homes of Whiteland 124 EK. Washington St. Whiteland Lebanon Phone: 2234 or 2101 Phone: 1911 ot o”

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8t., died | An un to be one Injured Miss Je College A dition at Willian ton Cour ous cond tal, Leba The tw and the riding in trailer, se when thi collided v tor-traile: driven by Accordi Pollard t but the and the |

Bide of M

Thi All fou from the The gas t tore loose Pollard’s mushroon Odell 1 wife wer two-lane apolis bel rying Mi and the 1 “Sudde! off the said. “I lights, b them on marks. tractor 1 and the tried to crash,

’ “There they hit, most tl crashed.” Mr. Fel with Don anon, wi ahead of Miss M were lyin dead ma wreckage The WwW flames ing, the & Mr, 1x dash int forced & succeedes and drag Mr, F

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