Indianapolis Times, Indianapolis, Marion County, 18 May 1952 — Page 60

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Do You Like

This House?

Portfolio of Sixty Smail Homes. . Third Book of 100 8mall Homes

TOTAL ENCLOSED (Small Homge No. 108)...

mail to The Indianapolis Times, Indianapolis 9.

: Bullding plans and specifications; : Additional sets on same order, each for....$3.50

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By DEAN H. ROBINSON Heré is a little home that fou tures economy of design with lots

of originality. The architect has designed the exterior of brick but

it would look equally well if built of wood or cinder block. Ths outdoor planting box, exterior chimney, bay window in te kitchen, and sheltered area a — by the bay window and the back bedroom ate all attractive features. AS we enter the protected front door we find a coat closet and ah unusual vestibule formed py block for which, of course, we might “substitute ledge rock or field stone. The living room has a picture window overlooking the planting box and a natural fireplace at one end. A sliding door opens into the kitchen which is well planned and has the bay window with

IN. Keystone at 52d ....BR-5454 ‘Mora Branch ..........BR-6863 [Gash 0 Branch esses BR-0415

vou ARE INVITED 4 10 INSPECT THIS [B=] NEWLY COMPLETED

590 N. 17th Street Noblesville, Indiana § Other Models Also Open

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seats around for less formal eating. The stairs to the basement and the service entrance are here. The basement is under the entire house and provides the same amount of square feet of living area as does the first floor. There

storage.

third bedroom, although there is no closet here as the original builder of this house had the two inside ‘walls lined with book shelves, There are French doors in the den leading to what could be a pleasant outdoor terrace or summer eating place. The two bedrooms are large and each has cross ventilation and huge wardrobe style closets with sliding doors. The bath is in between and has a built-in vanity.

Award to Architect William Stanley Parker F. A. I. A. Boston architect, planner and consultant on contract procedure, will receive the Edward C. Kemper Award from The American Institute of Architects at its annual convention in New York from June 23-27. The award is given annually for outstanding contributions to the ar-

+/Co,, Robert Moore, president, an-|

is room here for recreation, hob-|\8 houses in the coming year by shop, laundry, heating, snd will be about the same 2s last.

The den could pinch hit for a Construction Up

No 20 Rnd bend ot Stmmtano 5 cs HN ih ls. Fo

Relaxation §& Is Hinted i

By United Press WASHINGTON, May 17--The top government housing official! this week said down payment re-| {quirements may be eased soon on | {houses costing more than $12,000, {Present credit restrictions are {more severe on houses costing |over that sum than on cheaper |ones, | | Raymond M. Foley, Housing| land Home Finance Administrator, | sald “It is qfliite possible such changes may be made soon” in| Regulation X, which sets a sliding | & |scale of minimum down payments lon homes. But Mr, Foley told the National Saving & Loan League there is no prospect for removing the regulation entirely. An : | “We do not believe it should be| “Yiliam B. Florea and wife.

[removed at an early date” he

sald. Heavy Building

| Federal authorities are aware, Mr, Foley said, that “there is a Awards Are Up

{great deal of demand from build-| NEW YORK. May 17—Contract jers and real estate brokers that awards for heavy construction, as |Regulation X be removed . . [reported by Engineering News{that it is unnecessary and that| Record and the Construction it is unduly restricting the mar-|paily, totaled $315.1 million for {ket.” {the week ended May 8. This is 24 | He sald, however, there are per cent above the average week |“many expressions” to the con-to date, (trary from private lending in- Public construction, : with [terests. awards totaling $169.9 ‘million | “Actually Regulation X has|was 44 per cent higher than the {been under continuous: study by average week to date, while ithe Federal Reserve Board and awards for private construction {the housing agency since it was amounting to $145.2 million, were (lssued,” he said. up 7 per cent on the same basis, “Currently wé are considering Private mass housing led all |whether changes are advisable to other categories this week in {supplement the changes made last awards. Private housing awards fall in the ranges of price up to added up to $76.8 million, 35 per |$12,000. cent above the: average week to | “It {is -quite. possible such date. {changes may be made soon.” Awards for industrial construe- | : — tion amounted to $47.2 million, {making this the week's .second 0 g Owser I ‘highest category. But’ the $47.2 | ’

® ‘million was 15 per cent under the

| [average week to date. In New Joh | Highway awards totaled $44.1 {million, 71 per cent above the : average week to date. Public Robert W, Bowser Jr., realtor, buildings with $42.9 million were has been appointed head of the!34 per cent higher than the averrealty brokerage division of the 88¢ Week to date. {Indiana Mortgage and Investment| ~ oH

homes, The brokerage division was ~ created, he said, to. make fit easier for present home owners to TN sell their homes and buy a new LNG house. ’ The Indiana Mortgage and In. vestment Co. offers a complete package deal; they sell your presént home, sell you a new one and handle all the financing, Mr. Bowser said,

Constant Market : The Federal Reserve Bank Board's 1952 Survey of Consumer Finances indicates consumers intending to buy new and exist-

nounced this week. : Mr. Bowser is a member of the Indianapolis Real Estate Board and for the past five years has been gelling North Side residential properties. With this firm he will handle mostly medium priced |

All construction for the first quarter of 1952 is now 2 per cent ahead of the first quarter of 1951, due largely to gains in public construction. ’

THE INDIANAPOLIS TIMES

MERIDIAN HEIGHTS—This attractive English cottage at 45 W. 52d St. was sold recently for ¢ owner Nelson C. Johnson by Fred Tucker Jr. of the F. C. Tucker Realty Co. New owners are

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* | PONTE VEDRA BEACH, Fla., Than in March (May 17 — Brown L. Whatley,

| y |president of Stockton, Whatle | Deeds and mortgages recorded |P » Y, in Marion County during April{Davin & Co. Jacksonville, Fla. |were ahead of the March volume, has been named the official nomi-| but under the 1951 dollar volume, nee for president of the Mortgage a report from the Union Title Co./Bankers Association of America showed this week. for the 1952-53 term, it was an- | April recorded 1666 deeds com- nounced today by Aksel Nielsen {pared. to 1517 for March and 1833 of Denver, chairman of the nomi{for April, 1951. nating committee, at the regular | Mortgages for April totaled spring meeting of the association [1081, compared to 932 for March|in session here. | and 1042 for April, 1951. W. A. Clarke, president of the! The mortgages for April totaled Ww, A, Clarke Mortgage Co., Phil-| [$6.62 million, for March $5.85 mil-adelphia, was nominated for vice | lion and for a year ago $7.20 mil- president. Mr. Whatley will sue-| (lion, * lceed Aubrey M. Costa, president, |

Deeds for the current year! | total 6164—41 more than for the| Sv Uther Trust & Mortgage Co.

same period in 1951. Mortgages, | however, with 4131 are off 123 for the first four months,

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Operation Proboscis A West Palm Beach, Fla,, homé ses, “ot builder recently used an elephant . as a publicity stunt, in assem- || sods, Coots vou } bling his prefabricated houses. The operation added eye-appeal but had no political significance, he said.

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Three arm parachutists 930 miles nor

Authorities safety advisc Civil Aeronai who headed : to the scene « 50 persons | cans were Kk Air Force M: were seized of an unoffi 30 The captor “thrill seeker to 35 men, a Collar; of th nautics Boal main operati ficial expedit: Mr. Collar who parach crash scene the official p the two men effort to for to carry the tion by helic Mr. Colla: Americans, } Robert Wise: & Whitney Stanley Bro overland trek may also be At 1] Mr. Collar and Maj. Cor pistol point a a clearing ab the site of thi The wunoffi cludes parach and newspa sponsored by ros, head of tional Airline Lino De Mat Authorities expedition go but apparen when they nr arrangement When the c the crash sc Mattos order Magness ang threatened te his demands were met. The officia U. 8 Ajr | transport its copter has be cal difficulties tified only as volunteered evacuation tr

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Views on

Dan

INDIANA made Frank lame duck tee chairma national con Panmun} scribe to o we eontinu anyhow.

AN AME} $5247 a year thinks this | qut any esti